The Advanced Driver Assistance System (ADAS) Testing Equipment Market is
projected to attain a valuation of US$ 56.4 billion in 2023 and is expected to
accumulate over US$ 202.7 billion by 2033, trailing a CAGR of 13.6% from 2023
to 2033.
The integration of advanced driver assistance systems (ADAS) in passenger cars,
driven by the growing awareness of safety and comfort, has fuelled market
growth. Government mandates in countries like the United States, Japan, China,
and Germany, emphasizing the implementation of ADAS for passenger safety,
have further propelled market expansion.
Notably, India has set a target to incorporate autonomous emergency braking
(AEB) and electronic stability control (ESC) in cars between 2022 and 2023 to
mitigate the risk of accidents.
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The adoption of cars is being driven by rapid urbanization, improving living
standards, and increasing per-capita income. This, in turn, is leading to the high
incorporation of advanced driver assistance systems. Additionally, the demand
for luxury cars in developed nations is contributing to the growth of the advanced
driver assistance system market, with key players like Volkswagen, Audi AG,
and Mercedes Benz playing a significant role.
The ADAS industry is fuelled by growing safety awareness and the rising
incidence of accidents. There is a high demand for advanced systems like
emergency braking, night vision, and road sign recognition, driven by
technological advancements in vehicles. Additionally, the increasing acceptance
of autonomous or self-driving vehicles is a significant driver for market growth.
Vehicle electrification is presenting significant growth prospects in the field of
vehicle automation, prompting market leaders to make substantial investments in
autonomous vehicle technology. The integration of advanced driver assistance
systems (ADAS) is a fundamental prerequisite for vehicle automation. By
incorporating various ADAS sensors such as Radar, LIDAR, and cameras,
companies aim to achieve a near-precise level of vehicle automation.
Sophisticated driver assistance systems leverage artificial intelligence and
advanced features to support drivers, reducing distractions and alleviating their
workload. Further, the advancements in technology, including software
algorithms, mapping, CPUs, cameras, and sensors, have enabled the
implementation of these systems in a wide range of vehicles.
Manufacturers are increasingly incorporating driver-aid systems in vehicles to
reduce fatalities and injuries from accidents. As the automotive sector continues
to develop highly efficient and safe features, the demand for ADAS is expected
to rise.
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Key Takeaways:
 The United States advanced driver assistance system (ADAS) testing
equipment industry is projected to expand with a CAGR of 12.8% during the
forecast period.
 The demand for advanced driver assistance system (ADAS) testing equipment
in China is anticipated to increase at a promising CAGR of 13.3% from 2023
to 2033.
 By product type, the hardware segment is projected to secure a CAGR of
14.4% in the forthcoming years.
 The United Kingdom is expected to secure an impressive CAGR of 10.2%
throughout the forecast period.
Advancements in the automotive sector and the introduction of highly efficient
and safe features in vehicles are expected to drive market growth during the
forecast period, anticipates FMI Analyst.
Competitive Landscape:
The market for advanced driver assistance system (ADAS) testing equipment is
highly competitive, with numerous prominent industry players making
substantial investments in increasing their manufacturing capabilities.
Key Companies Profiled:
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
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Konrad GmbH
AB Dynamics plc
National Instruments Corporation
TKH Group NV
Oxford Technical Solutions Ltd.
Racelogic Ltd.
Recent Developments in this Market:
 Robert Bosch collaborated with Hycan Automobile Technology in 2021 to
develop automated valet parking technology. This technology is expected to
be integrated into the Hycan Z03 vehicle.
 In March 2021, AB Dynamics, a provider of testing systems and measurement
products, completed its acquisition of Vadotech Group, which includes
Vadotech and Zynit. This acquisition enables AB Dynamics to achieve
strategic goals, including expanding its presence in China market and
strengthening its position as a global technical service provider in the
automotive industry.
 Continental AG and Beijing Horizon Robotics Technology R&D Co., Ltd.
announced a Joint Venture (JV) contract in September 2021. The JV aims to
offer integrated solutions for advanced driver assistance systems and
autonomous driving, encompassing both software and hardware components.
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Key Segments Profiled for this Market:
By Product:
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Hardware

Software
By End-User Type:
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Automotive OEMs

Tier-1 Suppliers

Labs and Other Institutes
By Region:

North America
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Latin America
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Europe
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East Asia

South Asia

The Middle East and Africa (MEA)
Explore Wide-ranging Coverage of FMI’s Automotive Landscape
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research organization and a member of Greater New York Chamber of
Commerce) provides in-depth insights into governing factors elevating the
demand in the market. It discloses opportunities that will favor the market growth
in various segments on the basis of Source, Application, Sales Channel and End
Use over the next 10 years.
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