ADAS Radar Systems Market Size & Share by Vehicle Type {Heavy Commercial Vehicle (HCV), Light Commercial Vehicle (LCV), Passenger Vehicle}; System Type (Blind Spot Detection, Parking Assistance, Lane Departure Warning System, Autonomous Emergency Braking, Intelligent Headlights, Adaptive Cruise Control, Heads-up Display); Component (Radar, Lidar, Sensors, Camera) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3787
  • Published Date: Feb 06, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

ADAS Radar Systems Market size is anticipated to reach USD 36 Billion by the end of 2035, escalating at a CAGR of 10% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of ADAS radar systems was over USD 10 Billion. The major factor accredited to the market growth is the rising demand for safety feature-enabled vehicles owing to the surging cases of road accidents worldwide. World Health Organization 2022 statistics state that each year, road crashes are responsible for over 1 million deaths worldwide. Advanced Driver-Assistance Systems (ADAS), support driver in navigation, and parking, along with several other applications, whereas, ADAS radars sensors are mounted on vehicles for detecting objects in front of the vehicle which basically deliver drivers with safety alerts and enable in execution of safety operations such as automatic emergency braking (ABS), adaptive cruise control (ACC), and blind spot monitoring among others. Hence, the augmenting use of aforementioned advanced features and sensory technology in automobiles to ensure the safety of vehicles, drivers, and pedestrians is bolstering the market growth. As per findings over 9.6 billion automotive sensors were sold globally in 2021.

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Global ADAS Radar Systems Market Regional Synopsis

On the basis of geographical analysis, the global ADAS radar systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of high demand for vehicles, presence of major automobile manufacturers, and growing adoption of advanced technology in the region.

The market in the North America region is anticipated to gain the significant market share throughout the forecast period owing to the increased the rate of economic development, and increasing sales of electric vehicles in the region. According to the report by the IEA, 231,088 BEVs were sold in the United States, in 2020.


The global ADAS radar systems market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

ADAS Radar Systems Market: Key Insights

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Market Segmentation

Our in-depth analysis of the global ADAS radar systems market includes the following segments:

By Vehicle Type

  • Heavy Commercial Vehicle (HCV)
  • Light Commercial Vehicle (LCV)
  • Passenger Vehicle
  • Others

By System Type

  • Blind Spot Detection
  • Parking Assistance
  • Lane Departure Warning System
  • Autonomous Emergency Braking
  • Intelligent Headlights
  • Adaptive Cruise Control
  • Heads-up Display
  • Others

By Component

  • Radar
  • Lidar
  • Sensors
  • Camera
  • Others

Growth Drivers

  • Growing Global Demand for Premium and Luxury Cars
  • Advancement in Sensor Technology for Higher Safety


  • High Cost of Manufacturing and Installation for ADAS
  • Poor Infrastructure in Emerging Economies

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Research Nester
Research and Development Expenditure
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Top Featured Companies Dominating the Market

    • Renesas Electronics Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Robert Bosch GmbH
    • VALEO
    • Magna International Inc.
    • DENSO Corporation
    • Continental AG
    • Aptiv plc
    • Hyundai Mobis (Hyundai Motor Group)
    • Veoneer Inc.
    • ZF Friedrichshafen AG


In The News

  • October 21, 2021: Robert Bosch GmbH to participate in publicly funded CONCORDA project in a consortium headed by Ertico project which is innovated to secure data transmission supports assistance systems in safety-critical driving situations and used for future automated driving functions.

  • September 29, 2021: Horizon Products and Continental AG to join hands for the commercialization of automotive AI technology. The main focus of this venture are the artificial intelligence processors and algorithms for intelligent driving.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 3787
  • Published Date: Feb 06, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand for cars, and adoption of automated driving features in cars are estimated to boost the market growth

The market is anticipated to attain a CAGR of 11.2% over the forecast period, i.e., 2022-2030.

The major players in the market are Robert Bosch GmbH, VALEO, Magna International Inc., DENSO Corporation, Continental AG, Aptiv plc, Hyundai Mobis, Veoneer Inc., ZF Friedrichshafen AG, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by vehicle type, system type, component, and by region.

The sensors segment is anticipated to hold largest market size over the forecast period and display significant growth opportunities.

High cost of manufacturing and installation for ADAS is estimated to hamper the market growth.
ADAS Radar Systems Market Report Scope

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