Asia Pacific Advanced Driving Assistance Systems (ADAS) Market (2022-2028) | Outlook, Forecast, Analysis, Revenue, Growth, Industry, Size, Share, Trends, Value, Segmentation & COVID-19 IMPACT

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 (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest Of Asia), and competitive landscape

Product Code: ETC437767 Publication Date: Nov 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Asia Pacific Advanced Driving Assistance Systems (ADAS) Market Synopsis

Asia Pacific Advanced Driving Assistance Systems (ADAS) Market is expected to grow during the forecast period. The growth can be attributed to the increasing adoption of these systems by carmakers and OEMs in North America, Europe, and Asia Pacific Advanced Driving Assistance Systems have been gaining popularity in the Asia Pacific region due to increasing awareness of the usefulness of these systems, growing demand for safety features, and various government initiatives aimed at improving road safety in this region. Additionally, the market is expected to grow over the coming years. This growth is primarily driven by factors such as the rising adoption of advanced driving assistance systems in luxury vehicles, increasing demand for ADAS in commercial vehicles, and increasing demand for ADAS systems for applications such as emergency response vehicles, law enforcement vehicles, and transportation service providers. The market is also anticipated to be benefitted from increasing investments in R&D facilities across the region. The Asia Pacific Advanced Driving Assistance Systems (ADAS) Market is a part of the global advanced driving assistance systems market.

According to 6Wresearch, the Asia Pacific Advanced Driving Assistance Systems (ADAS) Market size is likely to witness growth during 2022-28. This growth can be attributed to the increasing number of vehicles on the roads, as well as the growing trend of autonomous driving. The market is further segmented into commercial vehicles and passenger cars. Additionally, commercial vehicles are projected to account for the largest share of the overall market, followed by passenger cars. Autonomous driving is expected to play a significant role in the growth of this market, as it offers numerous benefits such as reducing congestion and improving safety. The growth prospects for the Asia Pacific Advanced Driving Assistance Systems (ADAS) Market are dominantly influenced by factors such as rising levels of traffic congestion, increasing sales of autonomous vehicles, growing demand for sophisticated safety features, expansion of industrial applications, and rise in investment in R&D activities. However, stringent government regulations need to be implemented in order for autonomous driving to be commercially successful. One of the biggest factors accounting for the market growth is that India ADAS Market is a major part of it that plays a key role in the growth of this market.

Market Analysis By Product Type

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 assists account for the highest market share. The growth of the ADAS market can be attributed to the increasing adoption of advanced driving aids across various segments such as passenger cars, commercial vehicles, and motorcycles. Additionally, some of the key factors that are expected to drive the growth of the ADAS market include growing demand for passenger cars and commercial vehicles for advanced safety features, growing deployment of autonomous driving technology by OEMs, and increasing government initiatives in developing countries such as India and China. However, restraining factors such as the high cost of sensors and other hardware, lack of standardization among various vendors, and low consumer awareness could hamper the growth of the ADAS market.

Market Analysis By Countries

The China market is expected to account for the largest market share of the overall Asia Pacific Advanced Driving Assistance Systems (ADAS) Market. The increase in the number of electric vehicles and rising consumer awareness about safety features are major factors fuelling the growth of the China market. The Japan market is also witnessing high demand for these systems owing to stringent regulations related to road safety and a growing preference for traditional cars over electric cars. Other countries such as India and South Korea are also witnessing a rise in the adoption of these systems due to their increasing dependence on automobiles for various purposes such as commuting and transportation.

COVID-19 Influence on the Asia Pacific Advanced Driving Assistance Systems (ADAS) Market

The manifestation of the Covid-19 pandemic has caused a slowdown in the automotive market. Nevertheless, the market has convalesced progressively in recent years. India Advanced Driving Assistance Systems Market is one of the key parts of the Asia Pacific ADAS market which is highly contributing to the market growth. Further, some of the key developments that are anticipated to drive growth in the Asia Pacific Advanced Driving Assistance Systems (ADAS) Market include an increasing number of accidents and fatalities due to negligence, rising demand for advanced safety features by consumers, and an increase in adoption of intelligent driving technologies across various industries.

Key Attractiveness of the Report

  • COVID-19 Influence on the Market
  • 8 Years of Market Numbers
  • Historical Numbers from 2018 to 2021.
  • Base Year: 2021
  • Forecast Data Until 2028
  • Key Performance Indicators Influencing the Market.
  • Key Upcoming Developments and Projects.

Key Highlights of the Report

  • Asia Pacific Advanced Driving Assistance Systems (ADAS) Market Overview
  • Asia Pacific Advanced Driving Assistance Systems (ADAS) Market Outlook
  • Asia Pacific Advanced Driving Assistance Systems (ADAS) Market Forecast
  • Forecast of Asia Pacific Advanced Driving Assistance Systems (ADAS) Market Revenues, for the Period 2021-2028F
  • Forecast of Asia Pacific Advanced Driving Assistance Market Revenues, By Product Types, for the Period 2021-2028F
  • Forecast of Asia Pacific Advanced Driving Assistance Market Revenues, By Sensor Types, for the Period 2021-2028F
  • Forecast of Asia Pacific Advanced Driving Assistance Market Revenues, By Vehicle Types, for the Period 2021-2028F
  • Forecast of Asia Pacific Advanced Driving Assistance Market Revenues, By Countries, for the Period 2021-2028F
  • Asia Pacific Advanced Driving Assistance Market Share, By Market Players
  • Market Drivers and Restraints
  • Asia Pacific Advanced Driving Assistance Market Trends
  • Competitive Benchmarking
  • Key Strategic Recommendations

Markets Scope and Segmentation

The report delivers a widespread study of the subsequent market segments:

By Product Types

  • Adaptive Cruise Control
  • Blind spot Detection
  • Park Assist
  • Autonomous Emergency Braking
  • Intelligent Headlights
  • Others

By Sensor Types

  • LiDAR
  • RADAR
  • Camera
  • Ultrasonic

By Vehicle

  • Passenger Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial vehicles

By Countries

  • India
  • China
  • Singapore
  • Japan
  • Myanmar
  • Sri Lanka
Frequently Enquired Queries Regarding the Market Study: FAQs

1). Does the report include the impression of COVID-19?

The report not only has considered COVID-19 impact but also current market dynamics, trends, and KPIs into consideration.

2). Which product type accounts for the maximum market share in the Asia Pacific Advanced     Driving Assistance Systems Market?

By product types, park assist systems accounted for the highest share owing to their higher cost arising from numerous sensors that are required for the functioning of the system.

3). Which segment is exhibited to gain traction over the forecast period?

By sensor types, camera sensors acquired the highest market revenue share in Asia Pacific Advanced Driving Assistance Systems (ADAS) Market owing to their multi-utility advantage.

4). What are the critical factors which are increasing the market demand?                                               

The growth of the market is attributed to increasing demand for safety and security features in vehicles, increasing government regulations, and increased adoption of ADAS across various vehicle segments.

5). What are the major challenges in the Asia Pacific Advanced Driving Assistance Systems (ADAS) Market?   

Some of the major challenges are lack of awareness among consumers. This can be due to concerns about safety and privacy, as well as doubts about whether the technology is effective. Additionally, there are limited options for deploying ADAS systems in vehicles, which has led to slow adoption rates.

6). Is customization available in the market study?

Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements.

7). We also want to have market reports for other countries/regions.

6Wresearch has a database of more than 60 countries globally, which can make us your first choice of all your research needs.

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. Asia Pacific Advanced Driving Assistance Systems Market Overview
3.1 Asia Pacific Advanced Driving Assistance Systems Market Revenues (2021-2028F)
3.2 Asia Pacific Advanced Driving Assistance Systems Market Industry Life Cycle
3.3 Asia Pacific Advanced Driving Assistance Systems Market Porter’s Five Forces Model
3.4 Asia Pacific Advanced Driving Assistance Systems Market Revenue Share, By Product Types (2021 & 2028F)
3.5 Asia Pacific Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types (2021 & 2028F)
3.6 Asia Pacific Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types (2021 & 2028F)
3.7 Asia Pacific Advanced Driving Assistance Systems Market Revenue Share, By Regions (2021 & 2028F)
4. Impact Analysis of COVID-19 on Asia Pacific Advanced Driving Assistance Systems Market
5. Asia Pacific Advanced Driving Assistance Systems Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Asia Pacific Advanced Driving Assistance Systems Market Trends & Evolution
7. Asia Pacific Advanced Driving Assistance Systems Market Overview, By Product Types
7.1 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Adaptive Cruise Control (2021-2028F)
7.2 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Blindspot Detection (2021-2028F)
7.3 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Park Assist (2021-2028F)
7.4 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Autonomous Emergency Breaking (2021-2028F)
7.5 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Intelligent Headlights (2021-2028F)
7.6 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Others (2021-2028F)
8. Asia Pacific Advanced Driving Assistance Systems Market Overview, By Sensor Types
8.1 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Light Detection and Ranging (2021-2028F)
8.2 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Radar (2021-2028F)
8.3 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Camera (2021-2028F)
8.4 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Ultrasonic (2021-2028F)
9. Asia Pacific Advanced Driving Assistance Systems Market Overview, By Vehicle Types
9.1 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Passenger Cars (2021-2028F)
9.2 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Light Commercial Vehicles (2021-2028F)
9.3 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Heavy Commercial vehicles (2021-2028F)
10. Asia Pacific Advanced Driving Assistance Systems Market Overview, By Regions
10.1 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Northern Region (2021-2028F)
10.2 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Western Region (2021-2028F)
10.3 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Eastern Region (2021-2028F)
10.4 Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Southern Region (2021-2028F)
11. Asia Pacific Advanced Driving Assistance Systems Market - Key Performance Indicators
12. Asia Pacific Advanced Driving Assistance Systems Market - Opportunity Assessment
12.1 Asia Pacific Advanced Driving Assistance Systems Market Opportunity Assessment, By Product Types (2028F)
12.2 Asia Pacific Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor Types (2028F)
12.3 Asia Pacific Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions (2028F)
13. Asia Pacific Advanced Driving Assistance Systems Market - Price Trend Analysis
14. Asia Pacific Advanced Driving Assistance Systems Market Competitive Landscape
14.1 Asia Pacific Advanced Driving Assistance Systems Market Revenue Ranking, By Companies (2021)
14.2 Asia Pacific Advanced Driving Assistance Systems Market Competitive Benchmarking, By Operating Parameters
15. Company Profiles
15.1 Bosch Limited
15.2 Denso Asia Pacific Pvt Ltd
15.3 Wabco Asia Pacific Limited
15.4 Continental Automotive Components (Asia Pacific) Pvt Ltd
15.5 Infineon Technologies Asia Pacific Pvt Ltd
15.6 Hella Asia Pacific Automotive Pvt Ltd
16. Key Strategic Recommendations
17. Disclaimer
List of Figures
Figure 1: Asia Pacific Advanced Driving Assistance Systems Market Revenues, 2021-2028F (INR Crores)
Figure 2: Asia Pacific Advanced Driving Assistance Systems Market Revenue Share, By Product Types, 2021 & 2028F
Figure 3: Asia Pacific Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types, 2021 & 2028F
Figure 4: Asia Pacific Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types, 2021 & 2028F
Figure 5: Asia Pacific Advanced Driving Assistance Systems Market Revenue Share, By Regions, 2021 & 2028F
Figure 6: ABS and Electronic brake force distribution market penetration in Asia Pacific, (units)
Figure 7: Traction control system market penetration in Asia Pacific, (Units)
Figure 8: Electronic stability program market penetration in Asia Pacific, (USD units)
Figure 9: Number of road accidents in Asia Pacific, 2016-2020
Figure 10: Number of deaths per 100 road accidents in Asia Pacific
Figure 11: Number of deaths in road accidents in Asia Pacific
Figure 12: Highway Construction in Asia Pacific (Kilometers)
Figure 13: Investment outlay for roads under union budget ($ billion)
Figure 14: Auto Services Market in Asia Pacific, 2019-2026F, (USD billion)
Figure 15: Asia Pacific automobile market growth, 2019-2026F (USD, Billion)
Figure 16: Asia Pacific passenger cars penetration, 2019-2026F (per 1000 people)
Figure 17: Asia Pacific Advanced Driving Assistance Systems  Market Opportunity Assessment, By Product types, 2028F
Figure 18: Asia Pacific Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor types, 2028F
Figure 19: Asia Pacific Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions, 2028F
Figure 20: Asia Pacific Advanced driving assistance systems market revenue rankings, By Company
List of Tables
Table 1: Autonomous vehicle readiness Index, 2020
Table 2: Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Product Types, 2021-2028F (INR Crores)
Table 3: Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Sensor Types, 2021-2028F (INR Crores)
Table 4: Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Vehicle Types, 2021-2028F (INR Crores)
Table 5: Asia Pacific Advanced Driving Assistance Systems Market Revenues, By Regions, 2021-2028F (INR Crores)
 
Pricing
  • Single User License
    $ 4,560
  • Department License
    $ 5,055
  • Site License
    $ 5,595
  • Global License
    $ 6,000

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All