Commercial Vehicle ADAS Market in Europe 2023-2030

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    COMMERCIAL VEHICLE ADAS MARKET IN EUROPE

     

    INTRODUCTION

    Human mistake is the root cause of nearly all car accidents, which may be avoided by Advanced Driver Assistance Systems (ADAS).

     

    The role of ADAS is to reduce the frequency of automobile accidents and the severity of those who can be prevented in order to prevent fatalities and injuries.

     

    These life-saving systems, which include the most recent interface standards and run numerous vision-based algorithms to enable real-time multimedia, vision co-processing, and sensor fusion subsystems, are critical to the success of ADAS applications.

     

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    Automobiles are the cornerstone of other generations of mobile-connected gadgets, with autonomous cars making significant progress.

     

    Autonomous application technologies are divided into multiple chips known as SoCs (systems on a chip). These chips use connectors and high-performance ECUs to connect sensors to actuators (electronic controller units).

     

    Self-driving vehicles utilise a combination of various technologies and applications to provide 360-degree vision, both close (in the vehicle’s immediate area) and distant.

     

    Significant advances in car safety in the past (e.g., tear glass, three-point seatbelts, airbags) were passively safety features aimed to reduce injuries during an accident.

     

    Today, ADAS systems proactively increase safety by lowering the incidence of accidents and injuries to occupants through the use of embedded vision.

     

    The installation of cameras in the vehicle necessitates the development of a new AI functionality that employs sensor fusion to recognise and analyse things.

     

    Sensor fusion, which works in the same way as the human brain does, merges enormous volumes of data with the use of image processing software, ultrasonic sensors, LIDAR, and radar.

     

     

    COMMERCIAL VEHICLE ADAS MARKET IN EUROPE DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1                

    With its new generation LiDAR, Valeo makes autonomous mobility a reality

    Valeo, the global leader in driving assistance systems (ADAS), today presented its third generation scanning LiDAR, set to make its market debut in 2024. This new technology, which offers significantly enhanced performance, makes autonomous mobility a reality and provides previously unseen levels of road safety. Global Scale This would enhance better Technologies and production

     

    COMMERCIAL VEHICLE ADAS MARKET IN EUROPE DYNAMICS

    ADAS sees the environment around it using sensors in the car such as radar and cameras, and then either delivers information to the driver or takes autonomous actions are based on what it observes.

     

    Whenever these observations are combined with technology involved further than a basic warning, ADAS transforms into an active safety system, which means the car will “actively” regulate brakes or steering.

     

    ADAS also incorporates propulsion operations like navigation systems, which alters velocity to keep a vehicle a respectable distance from the car in front of it.

     

    Factors such as rising need for safety features and increased desire for relaxation when driving fuel the growth of the ADAS industry.

     

    Furthermore, strict safety norms and regulations are expected to drive market expansion. However, the high initial cost and sophisticated construction, as well as decreased efficiency in severe weather conditions, limit the scale of the ADAS market.

     

    Furthermore, technical developments in advanced driver assistance systems and multifunctional system manufacture are expected to present a significant potential for the ADAS Market.

     

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    Advanced driver assistance systems provide a variety of benefits, including reduced property and life loss, a lower accident rate, and etc.

     

    ADAS is made up of safety functions that are intended to improve pedestrians and occupant safety by reducing the number and severity of motor vehicle accidents.

     

    Advanced driver assistance systems advise the driver of potential dangers and support the operator in remaining in control in order to avoid accidents or decrease its severity if feasible.

     

    COMMERCIAL VEHICLE ADAS MARKET IN EUROPE SEGMENTATION

    The Commercial Vehicle ADAS Market in Europe can be segmented into following categories for further analysis.

     

    By Application

    • Commercial Vehicle Transportation
    • Light Commercial Vehicle Transportation
    • Freighter Transportation
    • Trucking Transportation

     

    By Product Type

    • Tire Pressure Monitoring System (TPMS)
    • Drowsiness Monitor System
    • Intelligent Parking Assist System (IPAS)
    • Adaptive Cruise Control System
    • Blind Spot Object Detection System
    • Lane Departure Warning System
    • Adaptive Front-lighting System

     

    By Technology Focus Type

    • Image Sensor
    • Lidar Sensor
    • Ultrasonic Sensor
    • Infrared (IR) Sensor
    • Radar Sensor
    • Laser

     

    By Architecture Type

    • Rotary Wing Architecture
    • Fixed Wing Architecture

     

    By Regional Classification

    • Austria
    • Belgium
    • Bulgaria
    • Croatia
    • Republic of Cyprus
    • Czech Republic
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Greece
    • Hungary
    • Ireland
    • Italy
    • Latvia
    • Lithuania
    • Luxembourg
    • Malta
    • Netherlands
    • Poland
    • Portugal
    • Romania
    • Slovakia
    • Slovenia
    • Spain
    • Sweden

     

    RECENT TECHNOLOGICAL TRENDS IN COMMERCIAL VEHICLE ADAS MARKET IN EUROPE

    The majority of ADAS safety features include sensors such as radar sensors, LiDAR, laser scanners, cameras, infrared sensors, and various actuators.

     

    These sensor nodes scan surfaces in all directions to assure the vehicle’s, driver’s, passengers’, and pedestrians’ safety. The system’s operation is influenced by a variety of circumstances, including weather and traffic.

     

    Inadequate fail-safe measures may risk occupant safety. For ADAS to function safely, a precise mix of automation and manual override is required.

     

    There has been a mix of features and technologies being integrated within the market for ADAS systems focused on commercial vehicles.

     

    The Active speed intervention has been one of the latest addition in the commercial vehicle space of ADAS systems. If the truck surpasses the legal speed limit, ASI delivers visible and audible alerts to inform the driver.

     

    Whenever the alert is detected, ASI will de-throttle both engine for three seconds, alter Adaptive Cruise Control (ACC) to the maximum speed limit, or disable ACC, determined on how much more the car is beyond the speed limit.

     

    LKA with Auto Stop, which is only available with the Freightliner Cascadia, mechanically brings the trailer to a safe halt rather than allowing it roll to a stop in the instance of an unconscious driver or whether the driver’s hands are now off wheel for further than 60 seconds.

     

    When the Auto Stop feature is activated, LKA keeps the vehicle centred in its lane while safely and progressively breaking all the right down to 0 MPH.

     

    After coming to a complete stop, the car doors open automatically and the interior lighting flash in an S.O.S. sequence, notifying other vehicles that help is wanted.

     

    COMMERCIAL VEHICLE ADAS MARKET IN EUROPE COMPETITIVE LANDSCAPE

    As the volume of on-road passenger vehicles increases year after year, so do traffic capacity issues. The rising quantity of traffic on the roadways, particularly during peak hours, greatly increased travellers’ time spent travelling by vehicle.

     

    Most nations’ present road infrastructure are incapable of handling peak-hour traffic without requiring commuters to wait in the queue.

     

    This not only wastes citizens’ time, but also puts governments in jeopardy. Furthermore, rising on-road passenger car volumes that use fossil fuels pollute the environment significantly.

     

    Bosch Systems International is involve in integration within the commercial vehicles systems. Sensors specifically developed for heavy duty vehicles by Bosch, such as the multifunctional camera, front radar, and cornering radar, serve as the foundation for driver – assist features that improve safety, efficiency, comfort, and convenience in these vehicles.

     

    The Bosch front radar has a great range, excellent angular resolution, as well as a broad beam spread angle. It can precisely determine locations, relative speeds, and directions of motion for many objects using its cutting-edge modulating approach.

     

    The multipurpose camera consistently identifies and analyses entities and infrastructure such as automobiles, people, or street signs by combining traditional image processing algorithms with AI technologies. This serves as the foundation for a full scenario analysis.

     

    FICOSA is also part of the commercial vehicle systems integration in the market. The growing use of video monitoring systems instead of several mirrors also greatly reduces vehicle air resistance, thereby contributing to the avoidance of CO2 emissions.

     

    FICOSA already provides camera-based sensor technologies for active and passive driving assistance. The complete traffic condition around the car is caught by image processing cameras, then analysed and sent to the operator as a caution or picture information for prompt response.

     

    As a result, FICOSA driver assistance technologies contribute actively to traffic safety.

     

    COMMERCIAL VEHICLE ADAS MARKET IN EUROPE COMPANIES PROFILED

    Sl no Topic                                       
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix