Market by Vehicle Type, Components, Level of Automation, Solutions, and Region | Forecast 2019-2027
The Latin America market for advanced driver assistance systems (ADAS) has been predicted to depict growth in revenue, while expanding with a CAGR of 18.04% in the forecast years 2019-2027, states a report by Triton Market Research. The market is also estimated to show a growth in volume at 16.60% CAGR in the forecasting years.
The countries reviewed in the report on the advanced driver assistance systems market in Latin America are:
• Brazil
• Mexico
• Rest of Latin America
Mexico is one of the leading automobile producers in Latin America and follows the United States and Brazil to be the third-largest in the western hemisphere. Around 75% of the vehicles produced in the country are exported to the US. The top ten of the world’s vehicle assembly companies in the world, such as General Motors, Chrysler, Ford, Nissan, Volkswagen, Honda, Toyota, BMW, Mercedes-Benz, and Volvo, are present in the country. The growing demand for advanced driver assistance systems from the United States is expected to raise the demand for Mexico’s ADAS market. Free trade between Mexico and Argentina has been restored owing to the relapse of the deal that imposed import-export restrictions between the two countries. This would help Mexico in gaining the market share from Brazil, which is currently the largest automobile exporter to Argentina. The market for luxury cars is fast progressing in the country, owing to rising disposable incomes. This factor is expected to significantly drive Mexico’s ADAS market.
Moreover, Mexico City is grappling with issues of traffic congestion. With the congestion levels reaching an unbearable high, a significant change was needed in the city. The authorities thus took initiatives to make transport reforms and tackle the issue of on-street parking. This move will raise the demand for parking assist systems, which will thereby raise the demand for ADA systems. The growing demand for advanced driver assistance systems fuels the growth of Mexico’s ADAS market.
Continental AG manufactures and supplies automotive parts, such as brake systems, tires, vehicle electronics, rubber & plastic-based products, chassis & safety parts, actuators, powertrain products, and interior products to vehicle manufacturers, assemblers, and suppliers. It markets its products under brands such as Phoenix, ATE, Barum, Benecke-Kaliko, Mabor, Euzkadi, ContiTech, VDO, General Tire, Paguag, Matador, Uniroyal, and Continental. The company operates across Latin America, Asia, Europe, and North America. Continental AG continues to take various strategic initiatives to make new acquisitions to expand its business and enhance its capabilities.
1. LATIN
AMERICA ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. INTRODUCTION
TO ADVANCED DRIVER ASSISTANCE SYSTEMS (ADAS)
2.2. MARKET
DEFINITION
2.3. KEY
INSIGHTS
2.4. PORTER'S
FIVE FORCES ANALYSIS
2.5. MARKET
ATTRACTIVENESS MATRIX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
PLAYER POSITIONING
2.8. MARKET
DRIVERS
2.8.1. RISING
VEHICULAR PRODUCTION ACROSS THE WORLD
2.8.2. GROWING
NUMBER OF AUTOMOBILES THEFTS
2.8.3. INCREASED
ADOPTION OF SAFETY STANDARDS IN NEW VEHICLES DUE TO ROAD ACCIDENTS
2.8.4. INCREASING
AWARENESS OF ADAS SYSTEMS
2.8.5. STRINGENT
CRASH TEST REGULATIONS BY NUMEROUS GOVERNMENTS
2.9. MARKET
RESTRAINTS
2.9.1. TECHNOLOGICAL
LIMITATIONS
2.9.2. HIGH
COST OF THE ADAS SYSTEMS
2.10.
MARKET OPPORTUNITIES
2.10.1. INCREASED
ADOPTION OF ADAS IN LOW-COST CARS
2.10.2. GROWING
CONCERNS ABOUT PASSENGER SAFETY
2.11.
MARKET CHALLENGES
2.11.1. DEPENDENCY
ON HUMANS
2.11.2. INTENSE
COMPETITION
3. LATIN
AMERICA ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET OUTLOOK – BY VEHICLE
TYPE (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: MILLION UNITS)
3.1. PASSENGER
CARS
3.2. LIGHT
COMMERCIAL VEHICLES
3.3. HEAVY
COMMERCIAL VEHICLES
4. LATIN
AMERICA ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET OUTLOOK – BY COMPONENTS
(IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: MILLION UNITS)
4.1. PROCESSOR
4.2. SENSORS
4.2.1. IMAGE
4.2.2. ULTRASONIC
4.2.3. LASER
4.2.4. RADAR
4.2.5. INFRARED
4.2.6. LIDAR
4.3. SOFTWARE
4.4. OTHER
COMPONENTS
5.
LATIN AMERICA ADVANCED
DRIVER ASSISTANCE SYSTEM (ADAS) MARKET OUTLOOK – BY LEVEL OF AUTOMATION (IN
TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: MILLION UNITS)
5.1. LEVEL
1 (ADVANCED DRIVING ASSIST SYSTEMS-ADAS)
5.2. LEVEL
2 (PARTIAL AUTOMATION)
5.3. LEVEL
3 (CONDITIONAL AUTOMATION)
5.4. LEVEL
4 (HIGH AUTOMATION)
5.5. LEVEL
5 (FULL AUTOMATION)
6. LATIN
AMERICA ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET OUTLOOK – BY SOLUTIONS
(IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: MILLION UNITS)
6.1. PARKING
ASSISTANCE SYSTEM
6.2. TIRE
PRESSURE MONITORING SYSTEM
6.3. ADAPTIVE
FRONT LIGHTING SYSTEMS
6.4. LANE
DEPARTURE WARNING SYSTEMS
6.5. COLLISION
WARNING SYSTEMS
6.6. BLIND
SPOT DETECTION
6.7. ELECTRONIC
STABILITY CONTROL
6.8. ADAPTIVE
CRUISE CONTROL
6.9. ADVANCED
EMERGENCY BRAKING SYSTEM
6.10.
TRAFFIC SIGN RECOGNITION
SYSTEMS
6.11.
DRIVER DROWSINESS DETECTION
6.12.
OTHER SOLUTIONS
7. LATIN
AMERICA ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET – REGIONAL OUTLOOK (IN
TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: MILLION UNITS)
7.1. BRAZIL
7.2. MEXICO
7.3. REST
OF LATIN AMERICA
8. COMPETITIVE
LANDSCAPE
8.1. AISIN
SEIKI CO., LTD.
8.2. APTIV
(DELPHI AUTOMOTIVE PLC)
8.3. AUTOLIV,
INC.
8.4. CONTINENTAL
AG
8.5. DENSO
CORPORATION
8.6. HELLA
KGAA HUECK & CO.
8.7. HYUNDAI
MOBIS
8.8. INFINEON
TECHNOLOGIES AG
8.9. MAGNA
INTERNATIONAL, INC.
8.10.
MOBILEYE N.V.
8.11.
NXP SEMICONDUCTOR
8.12.
PANASONIC CORPORATION
8.13.
RENESAS ELECTRONICS
CORPORATION
8.14.
ROBERT BOSCH GMBH
8.15.
SAMVARDHANA MOTHERSON (SMR)
8.16.
TAKATA
8.17.
TEXAS INSTRUMENTS
8.18.
VALEO S.A.
8.19.
WABCO HOLDINGS, INC.
8.20.
ZF TRW
9. METHODOLOGY
& SCOPE
9.1. RESEARCH
SCOPE
9.2. SOURCES
OF DATA
9.3. RESEARCH METHODOLOGY
TABLE 1: MARKET ATTRACTIVENESS
MATRIX
TABLE 2: VENDOR SCORECARD
TABLE 3: COMPARISON BETWEEN
LIDAR, CAMERA AND RADAR IN AUTOMOTIVE APPLICATIONS
TABLE 4: AN OVERVIEW OF
ADVANCED DRIVER ASSISTANCE SYSTEMS (ADAS)
TABLE 5: DEFINITIONS &
CLASSIFICATION OF AUTOMATED DRIVING LEVELS
TABLE 6: DEVELOPMENTS IN
PARKING ASSISTANCE SYSTEM
TABLE 7: DEVELOPMENTS IN LANE
DEPARTURE WARNING SYSTEM
TABLE 8: DEVELOPMENTS IN
COLLISION WARNING SYSTEM
TABLE 9: DEVELOPMENTS IN
ELECTRONIC STABILITY CONTROL
TABLE 10: DEVELOPMENTS IN
ADAPTIVE CRUISE CONTROL
TABLE 11: COMPANY WISE NOMENCLATURE
OF DIFFERENT DRIVER DROWSINESS ALERT SYSTEMS
TABLE 12: COMPARATIVE ANALYSIS
OF LIDAR WITH OTHER SENSOR TECHNOLOGIES USED IN AUTOMOTIVE APPLICATIONS
TABLE 13: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, COUNTRY OUTLOOK, 2019-2027 (IN
$ MILLION)
TABLE 14: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, COUNTRY OUTLOOK, 2019-2027 (IN
MILLION UNITS)
TABLE 15: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY VEHICLE TYPE, 2019-2027 (IN
$ MILLION)
TABLE 16: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY VEHICLE TYPE, 2019-2027 (IN
MILLION UNITS)
TABLE 17: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY COMPONENTS, 2019-2027 (IN $
MILLION)
TABLE 18: LATIN AMERICA ADVANCED
DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY COMPONENTS, 2019-2027 (IN MILLION
UNITS)
TABLE 19: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY SENSOR, 2019-2027 (IN $
MILLION)
TABLE 20: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY SENSOR, 2019-2027 (IN
MILLION UNITS)
TABLE 21: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LEVEL OF AUTOMATION,
2019-2027 (IN $ MILLION)
TABLE 22: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LEVEL OF AUTOMATION,
2019-2027 (IN MILLION UNITS)
TABLE 23: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY SOLUTIONS, 2019-2027 (IN $
MILLION)
TABLE 24: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY SOLUTIONS, 2019-2027 (IN
MILLION UNITS)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: KEY PLAYER
POSITIONING IN 2018 (%)
FIGURE 3: WORLDWIDE AUTOMOTIVE
(CARS & COMMERCIAL VEHICLES) PRODUCTION, 2015-2020 (IN MILLION)
FIGURE 4: LIST OF IMPORTANT UN
VEHICLE SAFETY REGULATIONS
FIGURE 5: NEW REGULATIONS AND
NCAP RATINGS FOR ADAS
FIGURE 6: ADAS FEATURES,
ACTUAL PRICE VERSUS CUSTOMER WILLINGNESS TO PAY (IN USD)
FIGURE 7: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY PASSENGER CARS, 2019-2027
(IN $ MILLION)
FIGURE 8: WORLDWIDE SALES OF
PASSENGER CARS, 2005-2016 (IN MILLION UNITS)
FIGURE 9: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LIGHT COMMERCIAL VEHICLES,
2019-2027 (IN $ MILLION)
FIGURE 10: WORLDWIDE SALES OF
COMMERCIAL VEHICLES, 2005-2016 (IN MILLION UNITS)
FIGURE 11: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY HEAVY COMMERCIAL VEHICLES,
2019-2027 (IN $ MILLION)
FIGURE 12: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY PROCESSORS, 2019-2027 (IN $
MILLION)
FIGURE 13: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY SENSORS, 2019-2027 (IN $
MILLION)
FIGURE 14: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY IMAGE SENSORS, 2019-2027
(IN $ MILLION)
FIGURE 15: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY ULTRASONIC SENSORS,
2019-2027 (IN $ MILLION)
FIGURE 16: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LASER SENSORS, 2019-2027
(IN $ MILLION)
FIGURE 17: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY RADAR SENSORS, 2019-2027
(IN $ MILLION)
FIGURE 18: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY INFRARED SENSORS, 2019-2027
(IN $ MILLION)
FIGURE 19: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LIDAR, 2019-2027 (IN $
MILLION)
FIGURE 20: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY SOFTWARE, 2019-2027 (IN $
MILLION)
FIGURE 21: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY OTHER COMPONENTS, 2019-2027
(IN $ MILLION)
FIGURE 22: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LEVEL 1, 2019-2027 (IN $
MILLION)
FIGURE 23: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LEVEL 2, 2019-2027 (IN $
MILLION)
FIGURE 24: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LEVEL 3, 2019-2027 (IN $
MILLION)
FIGURE 25: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LEVEL 4, 2019-2027 (IN $
MILLION)
FIGURE 26: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LEVEL 5, 2019-2027 (IN $
MILLION)
FIGURE 27: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY PARKING ASSISTANCE SYSTEM,
2019-2027 (IN $ MILLION)
FIGURE 28: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY TIRE PRESSURE MONITORING
SYSTEM, 2019-2027 (IN $ MILLION)
FIGURE 29: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY ADAPTIVE FRONT LIGHTING
SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 30: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY LANE DEPARTURE WARNING
SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 31: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY COLLISION WARNING SYSTEMS,
2019-2027 (IN $ MILLION)
FIGURE 32: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY BLIND SPOT DETECTION,
2019-2027 (IN $ MILLION)
FIGURE 33: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY ELECTRONIC STABILITY
CONTROL, 2019-2027 (IN $ MILLION)
FIGURE 34: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY ADAPTIVE CRUISE CONTROL,
2019-2027 (IN $ MILLION)
FIGURE 35: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY ADVANCED EMERGENCY BRAKING
SYSTEM, 2019-2027 (IN $ MILLION)
FIGURE 36: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY TRAFFIC SIGN RECOGNITION
SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 37: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY DRIVER DROWSINESS
DETECTION, 2019-2027 (IN $ MILLION)
FIGURE 38: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY OTHER SOLUTIONS, 2019-2027
(IN $ MILLION)
FIGURE 39: LATIN AMERICA
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, REGIONAL OUTLOOK, 2018 &
2027 (IN %)
FIGURE 40: BRAZIL ADVANCED
DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, 2019-2027 (IN $ MILLION)
FIGURE 41: MEXICO ADVANCED
DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, 2019-2027 (IN $ MILLION)
FIGURE 42: REST OF LATIN
AMERICA ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, 2019-2027 (IN $
MILLION)