Europe Advanced Driving Assistance Systems (ADAS) Market (2022-2028) | Growth, Industry, Size, Share, Trends, Forecast, Analysis, Revenue, Outlook, 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 (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

Europe Advanced Driving Assistance Systems Market Synopsis

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.

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 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.

Market Analysis By Component Type

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.

COVID-19 Influence on the Europe Advanced Driving Assistance Systems Market

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.

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

  • Europe Advanced Driving Assistance Systems Market Overview
  • Europe Advanced Driving Assistance Systems Market Outlook
  • Europe Advanced Driving Assistance Systems Market Forecast
  • Forecast of Europe Advanced Driving Assistance Systems Market Revenues, for the Period 2021-2028F
  • Forecast of Europe Advanced Driving Assistance Market Revenues, By Product Types, for the Period 2021-2028F
  • Forecast of Europe Advanced Driving Assistance Market Revenues, By Sensor Types, for the Period 2021-2028F
  • Forecast of Europe Advanced Driving Assistance Market Revenues, By Vehicle Types, for the Period 2021-2028F
  • Forecast of Europe Advanced Driving Assistance Market Revenues, By Regions, for the Period 2021-2028F
  • Europe Advanced Driving Assistance Market Share, By Market Players
  • Market Drivers and Restraints
  • Europe 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 Regions

  • Northern
  • Western
  • Eastern
  • Southern
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 Europe 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 Europe advanced driving assistance systems 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 Europe Advanced Driving Assistance Systems 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. 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)
 
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