The majority of road accidents happen due to human errors, and these systems play a vital role in mitigating accidents. ADAS is equipped with safety features that are designed to reduce the risks of accidents and collisions through technologies that immediately alert the driver about the impending problems, implements safety measures, and overtakes the control of the vehicles, as and when required.
ADAS and Autonomous Driving Components: History and Trends
ADAS was first implemented about five decades ago, with the extensive adoption of anti-locking braking systems. The first-stage ADAS included blind spot information systems, anti-lock brakes, adaptive cruise control (ACC), and lane departure warning, among others. The industry is now witnessing extensive technological development and advancement.
With increasing congestion on the roads, there has been an upsurge in the frequency of fatal accidents and injuries, thereby augmenting the demand for ADAS and autonomous technologies. According to Emergen Research, the Global ADAS and Autonomous Driving Components Market are predicted to attain a valuation of USD 118.03 billion by 2027, expanding at a remarkable CAGR of 21.9% throughout the projected timeframe.
The rising attraction and incorporation of ADAS technology in fleet trucks and large vehicles has contributed immensely to the expansion of the market. With their rising incorporation in logistics, a large number of administrative initiatives have led to the emergence of stringent policies regarding the safety of the driver and the vehicle. This factor is anticipated to play a pivotal role in the expansion of the market.
ADAS technology relies on data obtained from multiple data sources, such as automotive imaging, LiDAR, image processing, radar, in-car networking, and computer vision. Additional inputs from other sources such as vehicle-to-vehicle communication and vehicle-to-infrastructure communication are also possible. Modern cars are equipped with ADAS integrated into the electronics of the vehicle and the integration of these systems into a massive number of new vehicles has paved the way for partially automated driving, as of now.
Increasing development in technologies of ADAS has assisted in reducing capital expenditures and has enabled the migration of some features from high-end vehicles to mass-produced vehicles. ADAS and autonomous driving components have already become one of the rapidly growing segments in the automobile electronics.
Advanced Features of ADAS and Autonomous Driving Components
Some of the critical components of ADAS are adaptive cruise control (ACC), automatic parking, anti-lock braking, automotive navigation system, automotive night vision, and collision avoidance system, among others. ADAS enables autonomous cars to offer self-driving features, but ADAS differs from vehicle to vehicle.
Adaptive Cruise Control
Adaptive Cruise Control (ACC) maintains a specific speed and space between two back-to-back vehicles. These control systems have the power to provide brake or accelerate to maintain a safe distance between two cars, automatically. Some of the advanced systems are equipped with “stop and go” features that enable the car or any other vehicle to stop and accelerate again to attain a specific speed.
Alcohol Ignition Interlock Devices
Alcohol ignition interlock devices restrict the driver and prevent them from starting the car in a case where the alcohol level exceeds the pre-described levels. These systems have been encouraged to be incorporated in all the new vehicles on the orders of The Automotive Coalition for Traffic Safety and the National Highway Traffic Safety Administration.
Anti-lock Braking System
Anti-lock braking systems restore traction to the car’s tires by monitoring and regulating the pressure of the brake when the vehicle has an increased chance of skidding. Besides assisting in cases of skidding, ABS also assists drivers who might let go of vehicle control. They have now become standard in-vehicle systems.
Significant Components of ADAS and Autonomous Driving Components
Several other features impart a better understanding of ADAS. These components are sensors, processors, software, mapping, and actuators. Sensors used in the vehicles confer real-time and actionable data that powers the ADAS. Processors are widely used to develop everything from real-time 3D model to calculate the proximity of the other vehicles. The software incorporates machine learning and AI to enable better management of the different scenarios during driving. The capabilities of the system include mapping stores and updating the geographical location gathered through sensors to predict its exact location. Actuators in ADAS facilitate connection with other electrical systems in vehicles. The systems control everything from electric power steering to automatic acceleration and braking.
Global Market Landscape
The ADAS and Autonomous Driving Components Market is growing exponentially and is predicted to further expand during the projected timeframe. The market has extended presence in prominent geographical areas, such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America and Europe were the dominating regions of the industry due to the augmenting demand for secure and systematic vehicles. Rising government initiatives concerning the passengers’ safety and vehicles safety are driving the need for ADAS in regions.
Asia Pacific is forecast to be the fastest-growing region in the ADAS and Autonomous Driving Components Market. The regional expansion can be attributed to the augmenting production of electric vehicles in countries such as India, Japan, and China. Moreover, government initiatives to encourage the incorporation of autonomous systems in vehicles is driving the regional growth of the industry. For instance, the Ministry of Road Transport and Highways in India has decided to adopt ADAS features by 2022. Electronic Stability Control and Automatic Emergency Braking are set to be implemented in phase 1 of the plan.
The Growing Competition in the Industry
The ADAS and Autonomous Driving Components Market is relatively competitive and is dominated by the major players such as Continental AG, ZF Friedrichshafen, Aptiv, RobertBosch, Hyundai Mobis, Denso, Magna International, Analog Devices, and Valeo. The companies and major manufacturers are actively engaged in technological advancements to develop innovative ADAS. For instance, Mobileye, an Intel company, created an extensive ADAS of active and passive systems. Passive Systems send alerts to the drivers to notify them of likely rough situations to confer enough time for a response. Active systems inform the drivers of the problem and overtake vehicles’ control depending on the situation.
Another such development is the acquisition of Red Pine Software, an ADAS expert, by TTTech Auto, a leader in the autonomous driving safety software platform, in January 2020. The acquisition allowed TTTech Auto to augment its software development capabilities for ADAS and Automated Driving projects.
Future of Automotive Industry
Automotive connectivity and ADAS are anticipated to be the crucial elements in shaping the future of the automotive industry as it has the potential to break the ground for fully autonomous vehicles. The growth of ADAS and autonomous drivingcomponents and rising investment and funding for R&D activities of autonomous driving have attracted several hi-tech firms, thereby creating lucrative prospects.
The changing dynamics of consumers and major original equipment manufacturers (OEMs) and the escalating requirement of resilient security features for the enhanced shielding of drivers and passengers, and the incorporation of 5G tech for connectivity solutions in the vehicles are further anticipated to boost the industry growth over the connected timeline. Unprecedented demand for autonomous vehicles is expected to create lucrative opportunities in the future, with Tesla, Toyota, and Honda tapping into the nascent market, thereby further augmenting the demand for ADAS and autonomous driving components.