Market Forecast By Product Types (Adaptive Cruise Control, Blindspot Detection, Park Assist, Autonomous Emergency Braking, Intelligent Headlights & Others), By Sensor Types (LiDAR, RADAR, Camera, Ultrasonic), By Products (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest Of Europe) And Competitive Landscape
Product Code: ETC437771 | Publication Date: Nov 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Europe advanced driving assistance systems (ADAS) market is expected to grow during the forecast period. The increasing adoption of advanced driving assistance systems (ADS) across various segments is anticipated to boost the demand for ADAS systems in Europe. The key drivers for the growth of this market include increasing demand for enhanced safety and assistance features in vehicles, growing adoption of autonomous driving technologies, and increasing penetration of ADAS into premium vehicles. The Europe advanced driving assistance systems market is a part of global advanced driving assistance systems market.
According to 6Wresearch, the Europe advanced driving assistance systems market size is likely to witness growth during 2022-28. The growth in ADAS is mainly attributed to the increasing demand from the automotive and aviation industries for enhanced safety and convenience. This growth is mainly attributable to the increasing demand from the automotive and aviation industries for enhanced safety and convenience. Further, Germany will be the largest market for ADAS in Europe, accounting for more than one-third of total revenue expected during the forecast period. Italy and Spain are also expected to be major players in this market, with revenue projected to grow at a significantly higher rate than other regions over the next few years. This was due to the high penetration of electronic driving aids in this country and favorable government regulations pertaining to their use. France, Italy, Spain, and UK are also major players in this market with significant shares owing to their large populations and growing automotive industry.
In terms of product type, the market is categorized into adaptive cruise control, blind spot detection, park assist, autonomous emergency braking, intelligent headlights and others. Currently, the park assist account for the highest market share. Additionally, there are several types of ADAS available on the market today, such as forward-looking camera systems, parking assistants, navigation aids, active lane keeping support, and automatic emergency braking (AEB). These systems help drivers stay safe on the road by providing warnings about potential hazards ahead or helping them avoid accidents. Some of these features can also help drivers stay organized while on long trips or cope with traffic jams.
The European advanced driving assistance systems market is segmented based on component type. The market is divided into radar, camera, and LBS (lane departure warning, forward collision warning, and automatic emergency braking) systems. The radar system segment is expected to grow at the highest rate during the forecast period owing to the increasing demand for efficient and accurate navigation systems in vehicles. The camera system segment is projected to witness a highest growth rate due to its increasing popularity as a means of detecting vandalism and other offences such as theft on vehicles. Meanwhile, the LBS segment is projected to grow at a lower rate owing to concerns over safety related issues such as distracted driving and road rage.
The manifestation of Covid-19 pandemic has caused a slowdown in the automotive market. Nevertheless, the market has convalesced progressively in recent years. Further, the use of autonomous driving technology is likely to drive growth in this market, as it enhances safety and comfort while reducing driver fatigue. However, application providers, such as telecom companies, are increasingly deploying ADAS solutions in their businesses. This growth is attributable to the increasing demand for safety and efficiency features in vehicles.
The report delivers a widespread study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope and Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Europe Advanced Driving Assistance Systems Market Overview |
3.1 Europe Advanced Driving Assistance Systems Market Revenues (2021-2028F) |
3.2 Europe Advanced Driving Assistance Systems Market Industry Life Cycle |
3.3 Europe Advanced Driving Assistance Systems Market Porter’s Five Forces Model |
3.4 Europe Advanced Driving Assistance Systems Market Revenue Share, By Product Types (2021 & 2028F) |
3.5 Europe Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types (2021 & 2028F) |
3.6 Europe Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types (2021 & 2028F) |
3.7 Europe Advanced Driving Assistance Systems Market Revenue Share, By Regions (2021 & 2028F) |
4. Impact Analysis of COVID-19 on Europe Advanced Driving Assistance Systems Market |
5. Europe Advanced Driving Assistance Systems Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6. Europe Advanced Driving Assistance Systems Market Trends & Evolution |
7. Europe Advanced Driving Assistance Systems Market Overview, By Product Types |
7.1 Europe Advanced Driving Assistance Systems Market Revenues, By Adaptive Cruise Control (2021-2028F) |
7.2 Europe Advanced Driving Assistance Systems Market Revenues, By Blindspot Detection (2021-2028F) |
7.3 Europe Advanced Driving Assistance Systems Market Revenues, By Park Assist (2021-2028F) |
7.4 Europe Advanced Driving Assistance Systems Market Revenues, By Autonomous Emergency Breaking (2021-2028F) |
7.5 Europe Advanced Driving Assistance Systems Market Revenues, By Intelligent Headlights (2021-2028F) |
7.6 Europe Advanced Driving Assistance Systems Market Revenues, By Others (2021-2028F) |
8. Europe Advanced Driving Assistance Systems Market Overview, By Sensor Types |
8.1 Europe Advanced Driving Assistance Systems Market Revenues, By Light Detection and Ranging (2021-2028F) |
8.2 Europe Advanced Driving Assistance Systems Market Revenues, By Radar (2021-2028F) |
8.3 Europe Advanced Driving Assistance Systems Market Revenues, By Camera (2021-2028F) |
8.4 Europe Advanced Driving Assistance Systems Market Revenues, By Ultrasonic (2021-2028F) |
9. Europe Advanced Driving Assistance Systems Market Overview, By Vehicle Types |
9.1 Europe Advanced Driving Assistance Systems Market Revenues, By Passenger Cars (2021-2028F) |
9.2 Europe Advanced Driving Assistance Systems Market Revenues, By Light Commercial Vehicles (2021-2028F) |
9.3 Europe Advanced Driving Assistance Systems Market Revenues, By Heavy Commercial vehicles (2021-2028F) |
10. Europe Advanced Driving Assistance Systems Market Overview, By Regions |
10.1 Europe Advanced Driving Assistance Systems Market Revenues, By Northern Region (2021-2028F) |
10.2 Europe Advanced Driving Assistance Systems Market Revenues, By Western Region (2021-2028F) |
10.3 Europe Advanced Driving Assistance Systems Market Revenues, By Eastern Region (2021-2028F) |
10.4 Europe Advanced Driving Assistance Systems Market Revenues, By Southern Region (2021-2028F) |
11. Europe Advanced Driving Assistance Systems Market - Key Performance Indicators |
12. Europe Advanced Driving Assistance Systems Market - Opportunity Assessment |
12.1 Europe Advanced Driving Assistance Systems Market Opportunity Assessment, By Product Types (2028F) |
12.2 Europe Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor Types (2028F) |
12.3 Europe Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions (2028F) |
13. Europe Advanced Driving Assistance Systems Market - Price Trend Analysis |
14. Europe Advanced Driving Assistance Systems Market Competitive Landscape |
14.1 Europe Advanced Driving Assistance Systems Market Revenue Ranking, By Companies (2021) |
14.2 Europe Advanced Driving Assistance Systems Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles |
15.1 Bosch Limited |
15.2 Denso Europe Pvt Ltd |
15.3 Wabco Europe Limited |
15.4 Continental Automotive Components (Europe) Pvt Ltd |
15.5 Infineon Technologies Europe Pvt Ltd |
15.6 Hella Europe Automotive Pvt Ltd |
16. Key Strategic Recommendations |
17. Disclaimer |
List of Figures |
Figure 1: Europe Advanced Driving Assistance Systems Market Revenues, 2021-2028F (INR Crores) |
Figure 2: Europe Advanced Driving Assistance Systems Market Revenue Share, By Product Types, 2021 & 2028F |
Figure 3: Europe Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types, 2021 & 2028F |
Figure 4: Europe Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types, 2021 & 2028F |
Figure 5: Europe Advanced Driving Assistance Systems Market Revenue Share, By Regions, 2021 & 2028F |
Figure 6: ABS and Electronic brake force distribution market penetration in Europe, (units) |
Figure 7: Traction control system market penetration in Europe, (Units) |
Figure 8: Electronic stability program market penetration in Europe, (USD units) |
Figure 9: Number of road accidents in Europe, 2016-2020 |
Figure 10: Number of deaths per 100 road accidents in Europe |
Figure 11: Number of deaths in road accidents in Europe |
Figure 12: Highway Construction in Europe (Kilometers) |
Figure 13: Investment outlay for roads under union budget ($ billion) |
Figure 14: Auto Services Market in Europe, 2019-2026F, (USD billion) |
Figure 15: Europe automobile market growth, 2019-2026F (USD, Billion) |
Figure 16: Europe passenger cars penetration, 2019-2026F (per 1000 people) |
Figure 17: Europe Advanced Driving Assistance Systems Market Opportunity Assessment, By Product types, 2028F |
Figure 18: Europe Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor types, 2028F |
Figure 19: Europe Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions, 2028F |
Figure 20: Europe Advanced driving assistance systems market revenue rankings, By Company |
List of Tables |
Table 1: Autonomous vehicle readiness Index, 2020 |
Table 2: Europe Advanced Driving Assistance Systems Market Revenues, By Product Types, 2021-2028F (INR Crores) |
Table 3: Europe Advanced Driving Assistance Systems Market Revenues, By Sensor Types, 2021-2028F (INR Crores) |
Table 4: Europe Advanced Driving Assistance Systems Market Revenues, By Vehicle Types, 2021-2028F (INR Crores) |
Table 5: Europe Advanced Driving Assistance Systems Market Revenues, By Regions, 2021-2028F (INR Crores) |