Amid the COVID-19 crisis and the looming economic recession, the Advanced Driver Assistance System (ADAS) market worldwide will grow by a projected US$54.5 Billion, during the analysis period
NEW YORK, May 27, 2020 /PRNewswire/ --
Amid the COVID-19 crisis and the looming economic recession, the Advanced Driver Assistance System (ADAS) market worldwide will grow by a projected US$54.5 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 18.8%. Processor, one of the segments analyzed and sized in this study, is forecast to grow at over 20.6% and reach a market size of US$26.2 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Processor market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
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As part of the new emerging geographic scenario, the United States is forecast to readjust to a 20.8% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$1.9 Billion to the region's size over the next 7 to 8 years. In addition, over US$2.5 Billion worth of projected demand in the region will come from Rest of European markets. In Japan, the Processor segment will reach a market size of US$1.4 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Advanced Driver Assistance System (ADAS) market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 18.8% over the next couple of years and add approximately US$6.8 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Advanced Driver Assistance System (ADAS) market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others, Autoliv, Inc.; Continental AG; Hyundai Mobis Co., Ltd.; Magna International, Inc.; Mobileye Vision Technologies Ltd.
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ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MCP-6
MARKET ANALYSIS, TRENDS, AND FORECASTS, JUNE 2
CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares Advanced Driver Assistance System (ADAS) Competitor Market Share Scenario Worldwide (in %): 2019 & 2028 Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: Advanced Driver Assistance System (ADAS) Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: Advanced Driver Assistance System (ADAS) Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: Advanced Driver Assistance System (ADAS) Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Processor (Component) World Market by Region/Country in US$ Million: 2020 to 2027 Table 5: Processor (Component) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019 Table 6: Processor (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Sensors (Component) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027 Table 8: Sensors (Component) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019 Table 9: Sensors (Component) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027 Table 10: Software (Component) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027 Table 11: Software (Component) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019 Table 12: Software (Component) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027 Table 13: Other Components (Component) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027 Table 14: Other Components (Component) Market Historic Review by Region/Country in US$ Million: 2012 to 2019 Table 15: Other Components (Component) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Advanced Driver Assistance System (ADAS) Market Share (in %) by Company: 2019 & 2025 Market Analytics Table 16: United States Advanced Driver Assistance System (ADAS) Market Estimates and Projections in US$ Million by Component: 2020 to 2027 Table 17: Advanced Driver Assistance System (ADAS) Market in the United States by Component: A Historic Review in US$ Million for 2012-2019 Table 18: United States Advanced Driver Assistance System (ADAS) Market Share Breakdown by Component: 2012 VS 2020 VS 2027 CANADA Table 19: Canadian Advanced Driver Assistance System (ADAS) Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027 Table 20: Canadian Advanced Driver Assistance System (ADAS) Historic Market Review by Component in US$ Million: 2012-2019 Table 21: Advanced Driver Assistance System (ADAS) Market in Canada: Percentage Share Breakdown of Sales by Component for 2012, 2020, and 2027 JAPAN Table 22: Japanese Market for Advanced Driver Assistance System (ADAS): Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027 Table 23: Advanced Driver Assistance System (ADAS) Market in Japan: Historic Sales Analysis in US$ Million by Component for the Period 2012-2019 Table 24: Japanese Advanced Driver Assistance System (ADAS) Market Share Analysis by Component: 2012 VS 2020 VS 2027 CHINA Table 25: Chinese Advanced Driver Assistance System (ADAS) Market Growth Prospects in US$ Million by Component for the Period 2020-2027 Table 26: Advanced Driver Assistance System (ADAS) Historic Market Analysis in China in US$ Million by Component: 2012-2019 Table 27: Chinese Advanced Driver Assistance System (ADAS) Market by Component: Percentage Breakdown of Sales for 2012, 2020, and 2027 EUROPE Market Facts & Figures European Advanced Driver Assistance System (ADAS) Market: Competitor Market Share Scenario (in %) for 2019 & 2025 Market Analytics Table 28: European Advanced Driver Assistance System (ADAS) Market Demand Scenario in US$ Million by Region/Country: 2020-2027 Table 29: Advanced Driver Assistance System (ADAS) Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019 Table 30: European Advanced Driver Assistance System (ADAS) Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 31: European Advanced Driver Assistance System (ADAS) Market Estimates and Forecasts in US$ Million by Component: 2020-2027 Table 32: Advanced Driver Assistance System (ADAS) Market in Europe in US$ Million by Component: A Historic Review for the Period 2012-2019 Table 33: European Advanced Driver Assistance System (ADAS) Market Share Breakdown by Component: 2012 VS 2020 VS 2027 FRANCE Table 34: Advanced Driver Assistance System (ADAS) Market in France by Component: Estimates and Projections in US$ Million for the Period 2020-2027 Table 35: French Advanced Driver Assistance System (ADAS) Historic Market Scenario in US$ Million by Component: 2012-2019 Table 36: French Advanced Driver Assistance System (ADAS) Market Share Analysis by Component: 2012 VS 2020 VS 2027 GERMANY Table 37: Advanced Driver Assistance System (ADAS) Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Component for the Period 2020-2027 Table 38: German Advanced Driver Assistance System (ADAS) Historic Market Analysis in US$ Million by Component: 2012-2019 Table 39: German Advanced Driver Assistance System (ADAS) Market Share Breakdown by Component: 2012 VS 2020 VS 2027 ITALY Table 40: Italian Advanced Driver Assistance System (ADAS) Market Growth Prospects in US$ Million by Component for the Period 2020-2027 Table 41: Advanced Driver Assistance System (ADAS) Historic Market Analysis in Italy in US$ Million by Component: 2012-2019 Table 42: Italian Advanced Driver Assistance System (ADAS) Market by Component: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED KINGDOM Table 43: United Kingdom Market for Advanced Driver Assistance System (ADAS): Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027 Table 44: Advanced Driver Assistance System (ADAS) Market in the United Kingdom: Historic Sales Analysis in US$ Million by Component for the Period 2012-2019 Table 45: United Kingdom Advanced Driver Assistance System (ADAS) Market Share Analysis by Component: 2012 VS 2020 VS 2027 REST OF EUROPE Table 46: Rest of Europe Advanced Driver Assistance System (ADAS) Market Estimates and Forecasts in US$ Million by Component: 2020-2027 Table 47: Advanced Driver Assistance System (ADAS) Market in Rest of Europe in US$ Million by Component: A Historic Review for the Period 2012-2019 Table 48: Rest of Europe Advanced Driver Assistance System (ADAS) Market Share Breakdown by Component: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 49: Advanced Driver Assistance System (ADAS) Market in Asia-Pacific by Component: Estimates and Projections in US$ Million for the Period 2020-2027 Table 50: Asia-Pacific Advanced Driver Assistance System (ADAS) Historic Market Scenario in US$ Million by Component: 2012-2019 Table 51: Asia-Pacific Advanced Driver Assistance System (ADAS) Market Share Analysis by Component: 2012 VS 2020 VS 2027 REST OF WORLD Table 52: Rest of World Advanced Driver Assistance System (ADAS) Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027 Table 53: Rest of World Advanced Driver Assistance System (ADAS) Historic Market Review by Component in US$ Million: 2012-2019 Table 54: Advanced Driver Assistance System (ADAS) Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2012, 2020, and 2027
IV. COMPETITION
Total Companies Profiled: 53
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