Global Advanced Driver Assistance Systems and Autonomous Driving Industry, Outlook 2023

Global Advanced Driver Assistance Systems and Autonomous Driving Industry, Outlook 2023

Eyes-off Driving and Automation in Parking Solutions Augmenting the Future Growth Potential of the Autonomous Driving Industry

RELEASE DATE
03-May-2023
REGION
North America
Deliverable Type
Market Outlook
Research Code: MGDF-01-00-00-00
SKU: AU02525-NA-MO_27618
AvailableYesPDF Download
$4,950.00
In stock
SKU
AU02525-NA-MO_27618

Global Advanced Driver Assistance Systems and Autonomous Driving Industry, Outlook 2023
Published on: 03-May-2023 | SKU: AU02525-NA-MO_27618

Need more details?
$4,950.00
DownloadLink
Need more details?

Though the automotive industry is recovering from the COVID era and reaching pre-COVID forecasted vehicle sales, it still faces many challenges—regulatory hurdles, semiconductor shortages, and geopolitical chaos. Original equipment manufacturers 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 2023, Frost & Sullivan expects a few premium original equipment manufacturers to launch vehicles in eyes-off driving systems in their flagship vehicles in the US, Japanese, Chinese, Korean, and European markets, while mass market original equipment manufacturers like GM will extend hands-off driving to urban roads in North America.

In this annual autonomous driving outlook study, Frost & Sullivan analyzes the global advanced driver-assistance system and automated vehicle forecast, the global and regional regulatory overview, advanced driver-assistance system and autonomous driving feature penetration, regional analysis, notable collaborations, partnerships, mergers and acquisitions, and critical predictions. The report also lists all major trends influencing the autonomous driving market in 2023 and discusses the top five trends in detail.

The key trends discussed in this study are:
• Wider Launch of Eyes–off Driving L3 Autonomous Driving
• Automated Parking Solutions
• Collaborative Approach to Accelerate AD
• Augmented Driver Monitoring System Growth
• Growing Need for Automated Driving Maps

Author: Varun Krishna Murthy

Research Scope

Key Findings—A Recap of 2022

Autonomous Vehicle (AV) Regulations Overview—Global

ADAS and Autonomous Vehicle Market Overview

Key Findings—Top 5 Predictions for 2023

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Autonomous Driving Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Top 5 Global Economic Highlights of 2022

Top 5 Global Economic Highlights of 2023

Global GDP Growth Expectations

Recessionary/Slowdown Expectations for Major Economies

Global GDP Growth Snapshot

Advanced Market Predictions for 2023

Emerging Market Predictions for 2023

2023 Regional Risks and Policy Direction

Vehicle Segmentation

SAE International Definition for Levels of Driving Automation

Market Segmentation

ADAS and AD Regulations Overview—Europe

ADAS and AD Regulations Overview

AV Regulations and Testing Landscape Overview—North America

Notable Mergers and Acquisitions in ADAS and AD in 2022

Notable Collaborations in ADAS and AD in 2022

Notable Collaborations in ADAS and AD in 2022 (continued)

Notable Collaborations in ADAS and AD in 2022 (continued)

Emerging Competitors In Related Markets

Top Trends Driving the Global ADAS and AD Market

Trend 1—Wider Launch of Eyes-off Driving L3 AD

Case Study—Growing Deployment of Mercedes-Benz Drive Pilot

Trend 2—Automated Parking Solutions

Case StudyContinental’s Autonomous Parking Solutions

Trend 3—Collaborative Approach to Accelerate AD

Case StudyCollaborative Approach to Accelerate AD

Trend 4—Augmented DMS Growth

Smart Eye’s DMS

Trend 5—Growing Need for Automated Driving Maps

TomTom HD Maps For AD

Market Assumptions

Technology Assumptions

Forecast by Autonomy Level

ADAS and Autonomous Vehicle Sales Forecast

L4 Autonomous Vehicle Sales Forecast

Analysis by Region—North America

Analysis by Region—Europe

Analysis by Region—APAC

Growth Opportunity 1—Eyes-off Driving in Europe, North America, and APAC, 2023

Growth Opportunity 1—Eyes-off Driving in Europe, North America, and APAC, 2023 (continued)

Growth Opportunity 2—Growth of Advanced Perception Sensors

Growth Opportunity 2—Growth of Advanced Perception Sensors (continued)

Growth Opportunity 3—Collaborations, Mergers and Acquisitions

Growth Opportunity 3—Collaborations, Mergers, and Acquisitions (continued)

Abbreviations and Acronyms

Your Next Steps

Why Frost, Why Now?

List of Exhibits

Legal Disclaimer

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.

Though the automotive industry is recovering from the COVID era and reaching pre-COVID forecasted vehicle sales, it still faces many challenges—regulatory hurdles, semiconductor shortages, and geopolitical chaos. Original equipment manufacturers 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 2023, Frost & Sullivan expects a few premium original equipment manufacturers to launch vehicles in eyes-off driving systems in their flagship vehicles in the US, Japanese, Chinese, Korean, and European markets, while mass market original equipment manufacturers like GM will extend hands-off driving to urban roads in North America. In this annual autonomous driving outlook study, Frost & Sullivan analyzes the global advanced driver-assistance system and automated vehicle forecast, the global and regional regulatory overview, advanced driver-assistance system and autonomous driving feature penetration, regional analysis, notable collaborations, partnerships, mergers and acquisitions, and critical predictions. The report also lists all major trends influencing the autonomous driving market in 2023 and discusses the top five trends in detail. The key trends discussed in this study are: • Wider Launch of Eyes–off Driving L3 Autonomous Driving • Automated Parking Solutions • Collaborative Approach to Accelerate AD • Augmented Driver Monitoring System Growth • Growing Need for Automated Driving Maps Author: Varun Krishna Murthy
More Information
Deliverable Type Market Outlook
Author Varun Krishna Murthy
Industries Automotive
No Index No
Is Prebook No
Keyword 1 adas autonomous driving
Keyword 2 driver assistance system market
Keyword 3 autonomous vehicles industry report
Podcast No
WIP Number MGDF-01-00-00-00