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Analysis |
Continental and Bosch lead ADAS market 2015
According to the latest Semicast analysis, Continental was the leading vendor of electronics for automotive ADAS in 2015, ahead of Bosch and Autoliv.
Collectively the top ten vendors accounted for almost ninety percent of the ADAS (Advanced Driver Assistance Systems) market.
Semicast estimates that revenues for ADAS electronics are forecast to grow to around USD 7 billion in 2022, from USD 3 billion in 2015, a CAGR of almost thirteen percent. Revenues for total automotive electronic controllers are forecast to grow to almost USD 86 billion in 2022, from an estimated USD 53 billion in 2015, a CAGR of seven percent. ADAS is thus forecast to be the fastest growing sector for automotive electronic controllers from 2015 to 2022.
Semicast’s ADAS electronics vendor share analysis
- Continental - 18% market share
- Bosch (15%)
- Autoliv (14%)
- Magna (9%)
- ZF TRW (7%).