Market Overview:
The global advanced driver assistance systems (ADAS) testing equipment market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for ADAS in passenger cars and commercial vehicles, rising awareness about safety features offered by ADAS, and the increasing number of road accidents. The global advanced driver assistance systems (ADAS) testing equipment market can be segmented on the basis of type into hardware and software. On the basis of application, the market can be segmented into OEMs and aftermarket. The OEMs segment is expected to account for a larger share of the global ADAS testing equipment market than the aftermarket segment duringthe forecast period from 2018 to 2030. This is due tothe growing demand for ADAS in passenger cars and commercial vehicles from original equipment manufacturers (OEMs).
Product Definition:
Advanced Driver Assistance Systems (ADAS) Testing Equipment is used to test the functionality of Advanced Driver Assistance Systems (ADAS). The importance of Advanced Driver Assistance Systems (ADAS) Testing Equipment is that it ensures that the Advanced Driver Assistance Systems (ADAS) are functioning properly.
Hardware:
Hardware is the part of a vehicle that enables performance and safety functions. In an ADAS testing equipment, hardware includes cameras, radars, LiDARs (Light Detection and Ranging), ultrasonography systems etc. The growth factor in this market is increasing demand for high-end technology to provide driver assistance in vehicles.
Software:
The global software and it's usage in ADAS testing equipment market size was valued at USD 1.5 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for automated driving systems that help drivers avoid accidents and reduce human errors while operating vehicles on roadways.
Application Insights:
OEMs held the largest market share of over 70% in 2017. ADAS testing equipment is used by OEMs to ensure proper functionality of advanced driving safety systems before they are deployed in vehicles. These systems include cameras, radar, and laser sensors that help drivers avoid accidents and save lives on the roads. OEMs also use these devices to test their products aftermarket as part of warranty procedures or repairs for detecting any software bugs or hardware failures during usage period.
The growing importance of autonomous cars across the globe has increased demand for such devices from both OEMs and consumers worldwide. Radar sensor manufacturers including Epson Corporation, Honeywell International Inc., and L-3 Communications And Systems are investing heavily in research & development activities pertaining to next generation radars with higher accuracy levels that can be integrated with ADAS testing equipment developed by semiconductor companies like Continental AG, Infineon Technologies AG, Microchip Technology Inc., Renesas Electronics Corporation Ltd., Samsung Electronics Co., Ltd.
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) technologies, growing demand for high-performance vehicles, and stringent government regulations pertaining to road safety. Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to rising product demand from developing countries such as India and China. Moreover, improving infrastructure in these regions will also contribute toward growth of this industry over the forecast period. Furthermore, increased emphasis on vehicle safety by regulatory bodies such as National Highway Traffic Safety Administration (NHTSA), Ministry of Road Transport & Highways (MoRTH), and Department for Transport will drive product adoption in Asia Pacific region over next few years.
Growth Factors:
- Increasing demand for advanced safety features in automobiles
- Growing number of electric and hybrid vehicles
- Stringent government regulations for vehicle safety standards
- Rising demand from emerging markets
- Technological advancements in ADAS testing equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Research Report
By Type
Hardware, Software
By Application
OEMs, Aftermarket
By Companies
AVL List GmbH, TKH Group, FEV Group, National Instruments, Analog Devices, Racelogic, Konrad GmbH, Oxford Technical Solutions, Averna Technologies, Dewesoft, AB Dynamics, GeneSys Elektronik
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Report Segments:
The global Advanced Driver Assistance Systems (ADAS) Testing Equipment market is segmented on the basis of:
Types
Hardware, Software
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
OEMs, Aftermarket
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:
- AVL List GmbH
- TKH Group
- FEV Group
- National Instruments
- Analog Devices
- Racelogic
- Konrad GmbH
- Oxford Technical Solutions
- Averna Technologies
- Dewesoft
- AB Dynamics
- GeneSys Elektronik
Highlights of The Advanced Driver Assistance Systems (ADAS) Testing 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:
- Hardware
- Software
- By Application:
- OEMs
- Aftermarket
- 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 Advanced Driver Assistance Systems (ADAS) Testing 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?
Advanced Driver Assistance Systems (ADAS) Testing Equipment is a type of equipment used to test and evaluate the performance of advanced driver assistance systems. ADAS testing equipment can include devices that measure vehicle speed, position, direction, and braking; as well as devices that monitor the driver's eyes and hands.
Some of the major players in the advanced driver assistance systems (adas) testing equipment market are AVL List GmbH, TKH Group, FEV Group, National Instruments, Analog Devices, Racelogic, Konrad GmbH, Oxford Technical Solutions, Averna Technologies, Dewesoft, AB Dynamics, GeneSys Elektronik.
The advanced driver assistance systems (adas) testing equipment market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Advanced Driver Assistance Systems (ADAS) Testing Equipment Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Advanced Driver Assistance Systems (ADAS) Testing Equipment Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Size & Forecast, 2020-2028 4.5.1 Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Size and Y-o-Y Growth 4.5.2 Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Advanced Driver Assistance Systems (ADAS) Testing Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Advanced Driver Assistance Systems (ADAS) Testing Equipment Market: Competitive Dashboard
14.2 Global Advanced Driver Assistance Systems (ADAS) Testing Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AVL List GmbH
14.3.2 TKH Group
14.3.3 FEV Group
14.3.4 National Instruments
14.3.5 Analog Devices
14.3.6 Racelogic
14.3.7 Konrad GmbH
14.3.8 Oxford Technical Solutions
14.3.9 Averna Technologies
14.3.10 Dewesoft
14.3.11 AB Dynamics
14.3.12 GeneSys Elektronik