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The future of the global highway driving assist market looks promising with opportunities in medium and luxury segments. The global highway driving assist market is expected to grow with a CAGR of 23%-25% from 2021 to 2026. The major drivers for this market are increase in road safety, reduction in fuel consumption, and maintenance of speed set by drivers.
Emerging trends, which have a direct impact on the dynamics of the industry, include advancement in ADAS and automated driving technologies, increasing semi-autonomous vehicles, and progress in automotive industry.
A total of xx figures / charts and xx tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global highway driving assist market report, please download the report brochure.
The study includes trends and forecast for the global highway driving assist market by passenger car type, electric vehicle type, component type, autonomous level, function, and region, as follows:
By Passenger Car Type [Value ($ Million) from 2015 to 2026]:
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Mid Segment
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Luxury Segment
By Electric Vehicle Type [Value ($ Million) from 2015 to 2026]:
By Component [Value ($ Million) from 2015 to 2026]:
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Camera
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Radar
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Ultrasonic Sensor
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Software Module
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Navigation
By Autonomous Level [Value ($ Million) from 2015 to 2026]:
By Function [Value ($ Million) from 2015 to 2026]:
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Adaptive Cruise Control
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Lane Keeping Assist
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Lane Centering Assist
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Collision Avoidance Assist
By Region [Value ($ Million) from 2015 to 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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APAC
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China
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India
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Japan
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ROW
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Middle East
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Brazil
Some of the highways driving assist companies profiled in this report include Continental AG, Robert Bosch GmbH, Delphi Automotive, Valeo SA, Denso Corporation, WABCO, Magna International, Mobileye, ZF Friedrichshafen AG, Autoliv Inc., Hyundai Motor Company, and Toyota Motor Corporation.
Lucintel forecasts that software modules will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to the gained traction of connected & autonomous vehicle technologies. The automotive embedded software has become a key area for innovation. The software module in automotive has been evolving owing to factors, such as an increase in demand for advanced driving assistance features, and government mandates, which are more focused toward the safety and emission norms for vehicles.
Within the global highway driving assist market, the adaptive cruise control segment is expected to witness the highest growth over the forecast period due to the use of satellites, mobile infrastructures or reflectors, and transmitters on the back of the other vehicles and the factors positively affecting the growth of adaptive cruise control are the upgrades in technology and increasing need for passenger safety.
North America is expected to remain the largest market and witness the highest growth over the forecast period due to the increasing demand for safety and comfort features for premium mid and luxury vehicles, increase in disposable income, and advancement in technologies for autonomous vehicles.
Features of the Global Electric Vacuum Pump Market
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Market Size Estimates: Global highway driving assist market size estimation in terms of value ($M) shipment.
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments.
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Segmentation Analysis: Global highway driving assist market size by various segments, such as by passenger car type, electric vehicle type, component, autonomous level and function in terms of value
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Regional Analysis: Global highway driving assist market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
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Growth Opportunities: Analysis of growth opportunities in different by passenger car type, electric vehicle type, component, autonomous level, function and regions for the global highway driving assist market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global highway driving assist market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising growth opportunities for the global highway assist market by passenger car type (medium segment and luxury segment), electric vehicle type (BEV, HEV, PHEV and FCEV), component type (cameras, radars, ultrasonic sensors, software modules, and navigation), autonomous level (level 3 and level 3 & above), function (adaptive cruise control, lane keeping assist, lane centering assist and collision avoidance assist) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity did occur in the last five years?
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Report Scope
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Key Features |
Description |
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Base Year for Estimation |
2020 |
Trend Period
(Actual Estimates) |
2015-2020 |
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Forecast Period |
2021-2026 |
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Pages |
210 |
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Market Representation / Units |
Revenue in US $ Million |
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Regional Scope |
North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil) |
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Report Coverage |
Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
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Market Segments |
Passenger Car Type (Medium Segment and Luxury Segment), Electric Vehicle Type (BEV, HEV, PHEV and FCEV), Component Type (Camera, Radar, Ultrasonic Sensor, Software Module and Navigation), Autonomous Level (Level 3 and Level 3 & Above), Function (Adaptive Cruise Control, Lane Keeping Assist, Lane Centering Assist and Collision Avoidance Assist) |
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Customization |
10% Customization without Any Additional Cost |