Advanced Driver Assistance Systems Forecast - Presenter - Aug 2023
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This presentation file highlights the growth opportunities for Advanced Driver Assistance Systems (ADAS) at both a system and sensor level. This update has a more positive outlook for vehicle production in 2023, but overall a similar longer-term vehicle output picture. Key changes include an acceleration in demand for LiDAR in China. The market for ADAS is thus now expected to grow at a CAAGR of 13.5% over 2022 to 2027, with content-per-vehicle increases boosting demand more than growth in vehicle production. Three additional scenarios are also shown, reflecting the various risks that might impact the outlook for demand. This presentation file details and quantifies the market growth of sixteen different ADAS features out to 2030, as well as the RADAR, camera, LiDAR and other sensors that support their functionality. It highlights the key systems, regions, vehicle segments and OEMs that are driving the market.
