United Kingdom Advanced Driver Assistance Systems Market Size, Share, and COVID-19 Impact Analysis, By Solution Type (Adaptive Cruise Control, Blind Spot Detection System, Autonomous Emergency Braking, Tire Pressure Monitoring System, and Others), By Sensor Type (Radar Sensor, Lidar Sensor, Camera Sensor, and Ultrasonic Sensor), and United Kingdom Advanced Driver Assistance Systems Market Insights, Industry Trend, Forecasts to 2033.
Industry: Automotive & TransportationUnited Kingdom Advanced Driver Assistance Systems Market Insights Forecasts to 2033
- The U.K. Advanced Driver Assistance Systems Market Size was valued at USD 1,125.2 Million in 2023.
- The Market Size is Growing at a CAGR of 11.13% from 2023 to 2033
- The UK Advanced Driver Assistance Systems Market Size is Expected to Reach USD 3,232.9 Million by 2033
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The U.K. Advanced Driver Assistance Systems Market is Anticipated to Reach USD 3,232.9 Million by 2033, growing at a CAGR of 11.13% from 2023 to 2033.
Market Overview
Advanced driver assistance systems, or ADAS, are technological innovations that support drivers in operating a car safely. ADAS improves vehicle and road safety through a human-machine interface. Automatic devices like sensors and cameras are used by ADAS to identify and react to impending hazards or driver errors. Advanced Driver Assistance Systems (ADAS) can help prevent human error, which is the primary cause of almost all car accidents. By lowering the frequency of auto accidents and the severe consequences of those that are unavoidable, ADAS aims to prevent deaths and serious injuries. The Advanced Driver Assistance Systems Market is witnessing robust growth driven by increasing demand for electric and autonomous vehicles, which may drive the market for UK ADAS systems.
Report Coverage
This research report categorizes the market for the UK Advanced driver assistance systems market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom Advanced driver assistance systems market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.K. Advanced driver assistance systems market.
United Kingdom Advanced Driver Assistance Systems Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 1,125.2 Million |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 11.13% |
2033 Value Projection: | USD 3,232.9 Million |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 157 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Solution Type, By Sensor Type. |
Companies covered:: | Aptiv, Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Valeo, Magna International Inc., Autoliv Inc., and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
A total of 0.21% of UK citizens were involved in an automobile accident in 2022. The Department for Transport Annual Report for 2022 states that car accidents in the UK resulted in 143,326 injuries. This information demonstrates the need to implement preventive steps for car accidents, which is driving the Advanced Driver Assistance Systems (ADAS) market in the United Kingdom. Additionally, the most serious accidents occur on country roads or motorways after midnight. With full ADAS implementation, the most common types of accidents in the UK can be decreased by 29%. Automatic Emergency Braking is the most effective road safety technique. Moreover, regulatory agencies are putting in place crash test rankings and safety evaluation initiatives that encourage automakers to give safety top priority during the design and production of vehicles. As a result, automobile companies are spending more money on R&D to stay ahead of the curve and include ADAS technology in their vehicles.
Restraining Factors
The market for advanced driver assistance systems is anticipated to grow more slowly because of the high cost of implementing apps in cars, as this aspect increases the price of the vehicle.
Market Segmentation
The UK Advanced driver assistance systems market share is classified into solution type and sensor type.
- The adaptive cruise control segment is expected to hold the greatest market share through the forecast period.
The U.K. Advanced driver assistance systems market is segmented by solution type into adaptive cruise control, blind spot detection system, autonomous emergency braking, tire pressure monitoring system, and others. Among these, the adaptive cruise control segment is expected to hold the greatest market share through the forecast period. The expansion of that sector can be ascribed to a rise in consumer need for safety features, technological developments including radar and sensor technologies, and government laws requiring ACC systems to be installed in specific types of vehicles, including commercial vehicles.
- The radar sensor segment is anticipated to hold a significant share of the United Kingdom Advanced driver assistance systems market during the forecast period.
Based on the sensor type, the UK Advanced driver assistance systems market is divided into radar sensor, lidar sensor, camera sensor, and ultrasonic sensor. Among these, the radar sensor segment is anticipated to hold a significant share of the United Kingdom Advanced driver assistance systems market during the forecast period. These sensors deliver precise measurement of distance and velocity data to the advanced driver assistance systems market by utilizing radio frequency waves to detect things surrounding the car's frame.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.K. Advanced driver assistance systems market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Aptiv
- Robert Bosch GmbH
- Continental AG
- ZF Friedrichshafen AG
- Valeo
- Magna International Inc.
- Autoliv Inc.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In September 2024, Aptiv PLC, a worldwide technology leader dedicated to create transportation more secure, environmentally friendly, and more connected, has published a significant upgrade to its extensive online assistance site for the industry-leading Gen 6 Advanced Driving Assistance System (ADAS) Platform.
Market Segment
This study forecasts revenue at the UK, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Advanced Driver Assistance Systems Market based on the below-mentioned segments:
United Kingdom Advanced Driver Assistance Systems Market, By Solution Type
- Adaptive Cruise Control
- Blind Spot Detection System
- Autonomous Emergency Braking
- Tire Pressure Monitoring System
- Others
United Kingdom Advanced Driver Assistance Systems Market, By Sensor Type
- Radar Sensor
- Lidar Sensor
- Camera Sensor
- Ultrasonic Sensor
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