Market Overview:
The global ADAS calibration equipment market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced safety features in vehicles and the rising number of road accidents. The passenger vehicle ADAS calibration equipment segment is expected to account for the majority share of the global ADAS calibration equipment market during the forecast period, followed by commercial vehicle ADAS calibration equipment. Asia Pacific is expected to be the fastest-growing region in this market during the forecast period.
Product Definition:
ADAS calibration equipment is used to calibrate and adjust the sensors in a vehicle's Advanced Driver Assistance Systems (ADAS). These systems rely on sensors to monitor the vehicle's surroundings and provide information to the driver, so it is important that they are calibrated correctly. ADAS calibration equipment can include devices such as lasers, cameras, or radar guns that are used to measure distances or speeds. It can also include software that adjusts the sensor readings according to specific parameters for each vehicle make and model.
Passenger Vehicle ADAS Calibration Equipment:
Passenger Vehicle ADAS (Advanced Driver Assistance Systems) calibration equipment is used for improving the performance of Advanced Driver Assistance Systems (ADAS). The market for passenger vehicle ADAS calibration equipment is expected to witness significant growth over the forecast period. This can be attributed to increasing demand from end-users in North America and Europe regions. In addition, rising awareness regarding safety among users along with regulatory mandates are also driving market growth.
Commercial Vehicle ADAS Calibration Equipment:
Commercial Vehicle Advanced Driver Assistance System (ADAS) calibration equipment is used to obtain the best performance from ADAS-enabled vehicles. The use of appropriate calibration techniques and testing procedures helps in ensuring that the vehicle reacts as expected when an obstacle is detected during driving.
The automotive industry has been focusing on enhancing driver safety.
Application Insights:
OEMs dominated the global ADAS calibration equipment market in 2017, accounting for more than 60.0% share of the overall revenue. The dominant position is attributed to high product adoption by OEMs across all major regions as they offer a cost-effective solution in comparison to aftermarket products. Furthermore, OEMs have an extensive network of distribution channels that enables them to reach directly the end consumers, which further enhances their dominance over other players in the market for global ADAS calibration equipment.
The use of OEADAS ensures better accuracy and precision while performing vehicle safety tests on various automotive platforms such as smartphones and tablets with enhanced features such as augmented reality (AR) and virtual reality (VR). This has led to increased demand from regional offices of car manufacturers along with original equipment automotive part suppliers or OEVOSOS operating across various regions worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of advanced driver assistance systems (ADAS) in commercial vehicles and passenger cars, as well as technological advancements in automotive safety systems, which has led to higher product demand. Moreover, presence of key automobile manufacturers such as Tesla Inc., Ford Motor Company and General Motors Company will also help boost regional growth over the next eight years.
The Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand for high-end automobiles with enhanced safety features across various countries such as China, India and Japan among others. In addition, growing emphasis on road traffic safety by governments across various Asian countries will drive product demand further.
Growth Factors:
- Increasing demand for advanced safety features in automobiles
- Rising awareness about the benefits of advanced driver assistance systems
- Proliferation of autonomous vehicles and their increasing adoption by OEMs
- Growing demand for calibration services from original equipment manufacturers (OEMs) and aftermarket players alike 5. Technological advancements that are enabling the development of more sophisticated ADAS calibration equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
ADAS Calibration Equipment Market Research Report
By Type
Passenger Vehicle ADAS Calibration Equipment, Commercial Vehicle ADAS Calibration Equipment
By Application
OEM, Original
By Companies
HELLA, TEXA S.p.A., Hofmann Megaplan, Robert Bosch GmbH, Autel (Intelligent Technology Corp.,Ltd), LAUNCH Europe GmbH, Mahle GmbH, Snap-on Incorporated, Hunter Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global ADAS Calibration Equipment Market Report Segments:
The global ADAS Calibration Equipment market is segmented on the basis of:
Types
Passenger Vehicle ADAS Calibration Equipment, Commercial Vehicle ADAS Calibration Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Original
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HELLA
- TEXA S.p.A.
- Hofmann Megaplan
- Robert Bosch GmbH
- Autel (Intelligent Technology Corp.,Ltd)
- LAUNCH Europe GmbH
- Mahle GmbH
- Snap-on Incorporated
- Hunter Engineering
Highlights of The ADAS Calibration Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Passenger Vehicle ADAS Calibration Equipment
- Commercial Vehicle ADAS Calibration Equipment
- By Application:
- OEM
- Original
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the ADAS Calibration Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
ADAS calibration equipment is used to calibrate and adjust the performance of ADAS systems.
Some of the major companies in the adas calibration equipment market are HELLA, TEXA S.p.A., Hofmann Megaplan, Robert Bosch GmbH, Autel (Intelligent Technology Corp.,Ltd), LAUNCH Europe GmbH, Mahle GmbH, Snap-on Incorporated, Hunter Engineering.
The adas calibration equipment market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. ADAS Calibration Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. ADAS Calibration Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. ADAS Calibration Equipment Market - Supply Chain
4.5. Global ADAS Calibration Equipment Market Forecast
4.5.1. ADAS Calibration Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. ADAS Calibration Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. ADAS Calibration Equipment Market Absolute $ Opportunity
5. Global ADAS Calibration Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. ADAS Calibration Equipment Market Size and Volume Forecast by Type
5.3.1. Passenger Vehicle ADAS Calibration Equipment
5.3.2. Commercial Vehicle ADAS Calibration Equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global ADAS Calibration Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. ADAS Calibration Equipment Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. Original
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global ADAS Calibration Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. ADAS Calibration Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global ADAS Calibration Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. ADAS Calibration Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global ADAS Calibration Equipment Demand Share Forecast, 2019-2026
9. North America ADAS Calibration Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America ADAS Calibration Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America ADAS Calibration Equipment Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. Original
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America ADAS Calibration Equipment Market Size and Volume Forecast by Type
9.7.1. Passenger Vehicle ADAS Calibration Equipment
9.7.2. Commercial Vehicle ADAS Calibration Equipment
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America ADAS Calibration Equipment Demand Share Forecast, 2019-2026
10. Latin America ADAS Calibration Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America ADAS Calibration Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America ADAS Calibration Equipment Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. Original
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America ADAS Calibration Equipment Market Size and Volume Forecast by Type
10.7.1. Passenger Vehicle ADAS Calibration Equipment
10.7.2. Commercial Vehicle ADAS Calibration Equipment
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America ADAS Calibration Equipment Demand Share Forecast, 2019-2026
11. Europe ADAS Calibration Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe ADAS Calibration Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe ADAS Calibration Equipment Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. Original
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe ADAS Calibration Equipment Market Size and Volume Forecast by Type
11.7.1. Passenger Vehicle ADAS Calibration Equipment
11.7.2. Commercial Vehicle ADAS Calibration Equipment
11.8. Basis Point Share (BPS) Analysis by Type
1.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe ADAS Calibration Equipment Demand Share, 2019-2026
12. Asia Pacific ADAS Calibration Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific ADAS Calibration Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific ADAS Calibration Equipment Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. Original
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific ADAS Calibration Equipment Market Size and Volume Forecast by Type
12.7.1. Passenger Vehicle ADAS Calibration Equipment
12.7.2. Commercial Vehicle ADAS Calibration Equipment
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific ADAS Calibration Equipment Demand Share, 2019-2026
13. Middle East & Africa ADAS Calibration Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa ADAS Calibration Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa ADAS Calibration Equipment Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. Original
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa ADAS Calibration Equipment Market Size and Volume Forecast by Type
13.7.1. Passenger Vehicle ADAS Calibration Equipment
13.7.2. Commercial Vehicle ADAS Calibration Equipment
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa ADAS Calibration Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global ADAS Calibration Equipment Market: Market Share Analysis
14.2. ADAS Calibration Equipment Distributors and Customers
14.3. ADAS Calibration Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HELLA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TEXA S.p.A.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hofmann Megaplan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Robert Bosch GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Autel (Intelligent Technology Corp.,Ltd)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LAUNCH Europe GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mahle GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Snap-on Incorporated
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hunter Engineering
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook