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 Regions (Northern, Western, Eastern, Southern) And Competitive Landscape
Product Code: ETC4377761 | Publication Date: Dec 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Thailand advanced driving assistance systems market is projected to grow during the forecast period. The growth is attributed to the increasing number of vehicles on the road and rising awareness about the benefits of these systems. Moreover, government initiatives such as the National Automotive Policy (NAP) 2021 and Digital India program are expected to drive the market growth. The Thailand advanced driving assistance systems market is a part of Asia Pacific advanced driving assistance systems market and global advanced driving assistance systems market.
According to 6Wresearch, the Thailand advanced driving assistance systems market size is likely to witness growth during 2022-28. Some of the key factors that are contributing to the growth of this market, such as increasing population, rising safety concerns, and advancements in technology. Additionally, the penetration of ADAS systems in the automotive industry is quickly increasing across various regions due to their promising benefits. These systems can improve driver safety and efficiency by providing assistance during critical driving situations, such as intersections, ride-sharing services, and other high-risk activities. Further, the Asia Pacific region is expected to account for the largest share of the overall ADAS market in 2020. This region has witnessed significant growth owing to factors such as increasing investment in transportation infrastructure and growing demand for autonomous vehicles.
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, the commercial vehicle segment is the largest market for advanced driving assistance systems in Thailand. Passenger car segment is expected to grow at a higher rate than the commercial vehicle segment due to increasing number of electric and hybrid vehicles on the road.
In the Thailand ADAS market the companies are focused on developing various types of advanced driving assistance systems for different markets such as commercial vehicles, passenger cars, and autonomous vehicles. Some of these systems are also being developed for other applications such as traffic supervision and fleet management. Further, some of the key factors that are fueling the growth of this market include increasing demand from government organizations for vehicular safety features, growing number of electric and hybrid vehicles on the road, and increase in investment in R&D activities by major manufacturers.
The manifestation of Covid-19 pandemic has caused a slowdown in the automotive market. Nevertheless, the market has convalesced progressively in recent years. Some of the challenges that the market is facing include increasing popularity of semi-autonomous and fully autonomous vehicles, high cost of developing and deploying advanced driving assistance systems, and lack of understanding about the benefits of these systems by consumers.
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. Thailand Advanced Driving Assistance Systems Market Overview |
3.1 Thailand Advanced Driving Assistance Systems Market Revenues (2021-2028F) |
3.2 Thailand Advanced Driving Assistance Systems Market Industry Life Cycle |
3.3 Thailand Advanced Driving Assistance Systems Market Porter’s Five Forces Model |
3.4 Thailand Advanced Driving Assistance Systems Market Revenue Share, By Product Types (2021 & 2028F) |
3.5 Thailand Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types (2021 & 2028F) |
3.6 Thailand Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types (2021 & 2028F) |
3.7 Thailand Advanced Driving Assistance Systems Market Revenue Share, By Regions (2021 & 2028F) |
4. Impact Analysis of COVID-19 on Thailand Advanced Driving Assistance Systems Market |
5. Thailand Advanced Driving Assistance Systems Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6. Thailand Advanced Driving Assistance Systems Market Trends & Evolution |
7. Thailand Advanced Driving Assistance Systems Market Overview, By Product Types |
7.1 Thailand Advanced Driving Assistance Systems Market Revenues, By Adaptive Cruise Control (2021-2028F) |
7.2 Thailand Advanced Driving Assistance Systems Market Revenues, By Blindspot Detection (2021-2028F) |
7.3 Thailand Advanced Driving Assistance Systems Market Revenues, By Park Assist (2021-2028F) |
7.4 Thailand Advanced Driving Assistance Systems Market Revenues, By Autonomous Emergency Breaking (2021-2028F) |
7.5 Thailand Advanced Driving Assistance Systems Market Revenues, By Intelligent Headlights (2021-2028F) |
7.6 Thailand Advanced Driving Assistance Systems Market Revenues, By Others (2021-2028F) |
8. Thailand Advanced Driving Assistance Systems Market Overview, By Sensor Types |
8.1 Thailand Advanced Driving Assistance Systems Market Revenues, By Light Detection and Ranging (2021-2028F) |
8.2 Thailand Advanced Driving Assistance Systems Market Revenues, By Radar (2021-2028F) |
8.3 Thailand Advanced Driving Assistance Systems Market Revenues, By Camera (2021-2028F) |
8.4 Thailand Advanced Driving Assistance Systems Market Revenues, By Ultrasonic (2021-2028F) |
9. Thailand Advanced Driving Assistance Systems Market Overview, By Vehicle Types |
9.1 Thailand Advanced Driving Assistance Systems Market Revenues, By Passenger Cars (2021-2028F) |
9.2 Thailand Advanced Driving Assistance Systems Market Revenues, By Light Commercial Vehicles (2021-2028F) |
9.3 Thailand Advanced Driving Assistance Systems Market Revenues, By Heavy Commercial vehicles (2021-2028F) |
10. Thailand Advanced Driving Assistance Systems Market Overview, By Regions |
10.1 Thailand Advanced Driving Assistance Systems Market Revenues, By Northern Region (2021-2028F) |
10.2 Thailand Advanced Driving Assistance Systems Market Revenues, By Western Region (2021-2028F) |
10.3 Thailand Advanced Driving Assistance Systems Market Revenues, By Eastern Region (2021-2028F) |
10.4 Thailand Advanced Driving Assistance Systems Market Revenues, By Southern Region (2021-2028F) |
11. Thailand Advanced Driving Assistance Systems Market - Key Performance Indicators |
12. Thailand Advanced Driving Assistance Systems Market - Opportunity Assessment |
12.1 Thailand Advanced Driving Assistance Systems Market Opportunity Assessment, By Product Types (2028F) |
12.2 Thailand Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor Types (2028F) |
12.3 Thailand Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions (2028F) |
13. Thailand Advanced Driving Assistance Systems Market - Price Trend Analysis |
14. Thailand Advanced Driving Assistance Systems Market Competitive Landscape |
14.1 Thailand Advanced Driving Assistance Systems Market Revenue Ranking, By Companies (2021) |
14.2 Thailand Advanced Driving Assistance Systems Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles |
15.1 Bosch Limited |
15.2 Denso Thailand Pvt Ltd |
15.3 Wabco Thailand Limited |
15.4 Continental Automotive Components (Thailand) Pvt Ltd |
15.5 Infineon Technologies Thailand Pvt Ltd |
15.6 Hella Thailand Automotive Pvt Ltd |
16. Key Strategic Recommendations |
17. Disclaimer |
List of Figures |
Figure 1: Thailand Advanced Driving Assistance Systems Market Revenues, 2021-2028F (INR Crores) |
Figure 2: Thailand Advanced Driving Assistance Systems Market Revenue Share, By Product Types, 2021 & 2028F |
Figure 3: Thailand Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types, 2021 & 2028F |
Figure 4: Thailand Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types, 2021 & 2028F |
Figure 5: Thailand Advanced Driving Assistance Systems Market Revenue Share, By Regions, 2021 & 2028F |
Figure 6: ABS and Electronic brakeforce distribution market penetration in Thailand, (units) |
Figure 7: Traction control system market penetration in Thailand, (Units) |
Figure 8: Electronic stability program market penetration in Thailand, (USD units) |
Figure 9: Number of road accidents in Thailand, 2016-2020 |
Figure 10: Number of deaths per 100 road accidents in Thailand |
Figure 11: Number of deaths in road accidents in Thailand |
Figure 12: Highway Construction in Thailand (Kilometers) |
Figure 13: Investment outlay for roads under union budget ($ billion) |
Figure 14: Auto Services Market in Thailand, 2019-2026F, (USD billion) |
Figure 15: Thailand automobile market growth, 2019-2026F (USD, Billion) |
Figure 16: Thailand passenger cars penetration, 2019-2026F (per 1000 people) |
Figure 17: Thailand Advanced Driving Assistance Systems Market Opportunity Assessment, By Product types, 2028F |
Figure 18: Thailand Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor types, 2028F |
Figure 19: Thailand Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions, 2028F |
Figure 20: Thailand Advanced driving assistance systems market revenue rankings, By Company |
List of Tables |
Table 1: Autonomous vehicle readiness Index, 2020 |
Table 2: Thailand Advanced Driving Assistance Systems Market Revenues, By Product Types, 2021-2028F (INR Crores) |
Table 3: Thailand Advanced Driving Assistance Systems Market Revenues, By Sensor Types, 2021-2028F (INR Crores) |
Table 4: Thailand Advanced Driving Assistance Systems Market Revenues, By Vehicle Types, 2021-2028F (INR Crores) |
Table 5: Thailand Advanced Driving Assistance Systems Market Revenues, By Regions, 2021-2028F (INR Crores) |