The Global ADAS ECU Market Report is a compilation of comprehensive research studies of various aspects of the ADAS ECU Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global ADAS ECU market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global ADAS ECU market and how they will evolve in the years to come.
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In terms of revenue, the global ADAS ECU market was estimated to be US$ 2,670.4 Mn in 2022 and is expected to reach US$ 5,326.2 Mn by 2030 growing at a CAGR of 8.1% over the forecast period.. Key Players: Autoliv Inc., Hyundai Mobis Co., Ltd, ZF Friedrichshafen AG, Robert Bosch GmbH, Continental AG, and Denso Corporation.
The ADAS ECU market witnessed decent growth and is projected to experience robust growth during the forecast period. ADAS ECU is the crossing point between the actuators and the sensors that are placed on a vehicle that supports monitoring the surroundings and merging data from cameras, sensors, and radars. These components assist in the interpretation of the situation and trigger ADAS features such as blind spot detection, automatic lane change and emergency braking. ADAS ECU acts as a platform to implement the aforementioned applications and sends a command to plural actuators, brake, engine, and steering amongst others. ADAS ECU comprises of automotive safety integrity level (ASIL) C that can be integrated with ASIL D in order to enhance the raw data processing capabilities along with dynamic support scheduling. By utilizing high-speed, real-time, and on-vehicle ECU interface technology, the sonar ECU input in ADAS ECUs supports in providing input for creating maps using sensor fusion algorithms.
At present, original equipment manufacturers (OEMs) in the automotive industry have a keen focus on developing and calibrating vehicle ECUs that features numerous refined software functions that are essential to attain expectations in terms of vehicle safety, performance, drivability, responsiveness, fuel savings, and emissions. This component offers a unified control for all the functions of various advanced driving support systems, including the autonomous emergency braking (AEB) system, the adaptive cruise control (ACC) system and the lane departure warning (LDW) system amongst others within a solitary controller. In addition, the AEB systems result in avoiding collisions or reduce damage by automatically triggering the alarms whenever there is a danger of collision with pedestrians or preceding vehicles. Furthermore, the complexities associated with single ADAS ECU such as, failure in distributed processing in sensors along with downgraded automated driving functionality is pushing market participants to introduce enhanced ADAS ECUs that comprise of video amplifying, transmitting, encoding, decoding, processing, and display features.
The ADAS ECU market is expected to witness significant growth owing to the strong focus of automotive OEMs on developing semi-autonomous and fully autonomous vehicles. To design such vehicles, the ADAS ECUs act as one of the major systems that are required to run the ADAS features. Moreover, industry participants are leveraging emerging technologies such as artificial intelligence, augmented reality and machine learning to monitor both outside and in-car environment to enhance the human-machine interface. Artificial intelligence (AI) technology assists in delivering accurate and timely data to drivers along with enhancing the ability of vehicles to identify objects, scenes, and activities in unrestricted environments.
As the adoption of AI increases throughout the vehicle, innovations in on-chip AI acceleration and algorithm optimization is resulting in the reduction of resources that are required for the technology. These ECUs are currently deployed by the companies, such as Tesla, Audi AG, General Motors (Cadillac), BMW AG, Mercedes-Benz (Daimler AG) and Volvo. It applies advanced algorithms and artificial intelligence to the data gathered from multiple sensors to perform multifarious tasks including, advanced collision avoidance, automatic lane changes, turning assist, and automatic parking amongst others. This has generated opportunities for automotive component manufacturers to develop and introduce advanced ADAS ECUs that does require require human interaction. For instance, a Swedish provider of automotive technology, Veoneer Inc. developed the Zeus supercomputer, an ADAS automated driving (AD) ECU. Zeus assists in fusing data from radars, cameras, and other sensors, interpreting the situation and taking the required action to meet the requirements associated with level 4 autonomous driving. Thus, such factors are projected to propel the ADAS ECU market.
Global ADAS ECU Market:
- By Application
- Braking System
- By Sales Channel
- Original Equipment Manufacturer (OEM)
- By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Heavy Commercial Vehicle (HCV)
- Light Commercial Vehicle (LCV)
- By Geography
- North America
- United States
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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