Global ADAS and Autonomous Driving Outlook and Growth Opportunities, 2024
Automated Parking and Increased Penetration of Eyes-off Driving Technologies Will Ensure Future Growth Potential of the Autonomous Driving Industry
20-May-2024
Global
Market Outlook
PFG7-01-00-00-00
AU_2024_747
$4,950.00
Special Price $3,712.50 save 25 %
The automotive industry faces many challenges, such as regulatory hurdles, semiconductor shortages, and geopolitical chaos. Original equipment manufacturers (OEMs) and value chain partners are realigning their product strategies, road maps, and launch timelines to adapt to these challenges. They have rerouted investments to develop and deploy hands-off and eyes-off driving technologies in production vehicles for short-term returns.
In 2024, Frost & Sullivan expects a few premium OEMs to launch vehicles with eyes-off driving systems in their flagship vehicles in the US, Japanese, Chinese, Korean, and European markets, while mass market OEMs such as GM will extend hands-off driving to urban roads in North America. A few OEMs in China have launched city assist features such as Navigation on Autopilot, a hands-on feature, although vehicles can be upgraded with hands-off capability through over-the-air (OTA) updates in the future.
In this annual autonomous driving outlook study, Frost & Sullivan analyzes the global advanced driver assistance system (ADAS) and automated vehicle forecast; global and regional regulations, advanced driver-assistance system and autonomous driving feature penetration, regional markets, notable collaborations, partnerships, mergers and acquisitions, and critical predictions. The analysis also lists all major trends influencing the autonomous driving market in 2024 and discusses the top five trends.
The key trends discussed in this study are:
• Wider launch of eyes-off driving L3 autonomous driving
• Automated parking solutions
• Semiconductor partnerships in the automotive ecosystem
• ADAS/AD computing systems—domain controllers
• Evolution of sensor suites
Author: Thirumalai Narasimhan
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Autonomous Driving Industry
Research Scope
Segmentation by Automation Level
SAE International Definition for Levels of Driving Automation
SAE International Definition for Levels of Driving Automation
Vehicle Segmentation
Global Autonomous Vehicle (AV) Regulations
A Recap of 2023
Top 5 Predictions for 2024
ADAS and Autonomous Vehicle Overview
Top 10 Trends for 2024
Top 10 Growth Opportunities
Global GDP Growth
Inflation and Interest Rates
Currency Trajectory
Labor Market
Oil Markets
Critical Minerals Supplies
North America
Western Europe
The Middle East
Asia
ADAS and AD Regulations, Europe
ADAS and AD Regulations, APAC
AV Regulations and Testing Landscape, NA
Notable ADAS and AD Collaborations, 2023
Notable ADAS and AD Collaborations, 2023 (continued)
Notable ADAS and AD Collaborations, 2023 (continued)
Notable ADAS and AD Collaborations, 2023 (continued)
Emerging Competitors in Related Industries
Top Trends Driving the Global ADAS and AD Industry
Trend 1—Wider Launch of Eyes-off Driving L3 AD
Case Study—BMW Personal Pilot Deployment
Trend 2—Automated Parking Solutions
Case Study—Valeo’s Autonomous Parking Solutions
Trend 3—ADAS/AD Computing Systems—Domain Controllers
Case Study—ADAS Domain Controllers
Trend 4—Semiconductor Partnerships in the Automotive Ecosystem
Semiconductor Partnerships in the Automotive Ecosystem
Trend 5—Evolving ADAS/AD Sensor Suites
Case Study—Evolving ADAS/AD Sensor Suites
Market Assumptions
Technology Assumptions
Global Autonomy Level Forecast Analysis
ADAS and Autonomous Vehicle Sales Forecast
L4 Autonomous Vehicle Sales Forecast
Analysis by Region—North America
Analysis by Region—Europe
Analysis by Region—APAC
Top 10 Predictions for 2024
Growth Opportunity 1—Navigation on Autopilot
Growth Opportunity 1—Navigation on Autopilot (continued)
Growth Opportunity 2—Perception Sensors
Growth Opportunity 2—Perception Sensors (continued)
Growth Opportunity 3—Automated Parking Solutions
Growth Opportunity 3—Automated Parking Solutions (continued)
Abbreviations and Acronyms
Best Practices Recognition
Frost Radar
Benefits and Impacts of Growth Opportunities
Next Steps
Take the Next Step
List of Exhibits
Legal Disclaimer
- ADAS/Autonomous Driving: Vehicle Sales Trends, Global, 2024 and 2030
- ADAS and Autonomous Driving: Industry Trends, Global, 2023–2030
- Autonomous Driving: ADAS and Autonomous Vehicle Sales Forecast, Global, 2023–2030
- Autonomous Driving: L4 Autonomous Vehicle Sales Forecast, Global, 2023–2030
- Autonomous Driving: Analysis by Region, NA*, 2024, 2027, and 2030
- Autonomous Driving: Analysis by Region, Europe*, 2023, 2027, and 2030
- Autonomous Driving: Analysis by Region, APAC*, 2023, 2027, and 2030
Speak directly with our analytics experts for tailored recommendations.
Recent related Automotive research
04 Aug 2026 | Global | Frost Radar
Frost Radar: AI-Enhanced Advanced Driver Assistance Systems, 2026
This Frost Radar examines advanced driver assistance systems (ADAS), ADAS AI, and next-stage autonomous-driving technologies as a fast-evolving domain reshaping mobility and safety. As automakers, Tier I suppliers, chipmakers, AI software developers, and autonomous mobility companies improve percept...
04 Aug 2026 | Global | Market Outlook
Growth Opportunities in the Global Connected Truck Telematics Market, 2026
The convergence of connectivity, artificial intelligence (AI), video intelligence, electrification, regulatory digitization, and data-driven operational optimization is profoundly changing the global truck telematics and fleet management market. What was once a fragmented market centered primarily o...
30 Jul 2026 | Global | Market Research
Strategic Insights into AI Assistants for In-Car Personalization, Global
This study examines how automakers leverage voice AI and conversational AI to create personalized in-car experiences, focusing on OEM strategies, technology integration, and connected services.
It profiles leading premium and mass-market automotive brands, analyzing their AI assistant strateg...
30 Jul 2026 | Global | Market Research
Growth Opportunities in the Passenger Vehicle Door-Module Market, Global, 2025–2032
The global passenger vehicle door module market is undergoing a structural transformation, driven by increasing vehicle complexity, cost pressures, and the shift toward software-defined architectures. Traditionally viewed as mechanical assemblies, door modules are evolving into integrated, technolog...
29 Jul 2026 | Global | Technology Research
Next-Generation Chiplet and Advanced Packaging Architectures: Redefining Performance and Scalability in AI and HPC
This study focuses on how next-generation chiplet architectures, high-bandwidth memory (HBM), and advanced packaging technologies such as 2.5D/3D integration and fan-out wafer-level packaging are enabling the next wave of AI and high-performance computing (HPC) system architectures, rather than prov...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Outlook |
|---|---|
| Author | Thirumalai Narasimhan |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Autonomous Driving Industry Growth |
| Keyword 2 | Self-Driving Vehicle Market Insights |
| Keyword 3 | Adas Industry Forecast 2024 |
| List of Charts and Figures | ADAS/Autonomous Driving: Vehicle Sales Trends, Global, 2024 and 2030~ ADAS and Autonomous Driving: Industry Trends, Global, 2023–2030~ Autonomous Driving: ADAS and Autonomous Vehicle Sales Forecast, Global, 2023–2030~ Autonomous Driving: L4 Autonomous Vehicle Sales Forecast, Global, 2023–2030~ Autonomous Driving: Analysis by Region, NA*, 2024, 2027, and 2030~ Autonomous Driving: Analysis by Region, Europe*, 2023, 2027, and 2030~ Autonomous Driving: Analysis by Region, APAC*, 2023, 2027, and 2030~ |
| Podcast | No |
| WIP Number | PFG7-01-00-00-00 |