Europe ADAS Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

Europe ADAS Market Growth

In 2023, Europe witnessed nearly 3.2 million new electric car registrations, marking an increase of approximately 20% compared to 2022. Within the European Union, sales reached 2.4 million, reflecting similar growth trends. In 2022, the northern regions of Europe, such as Flevoland in the Netherlands, recorded the highest proportions of electric passenger cars, with 12.8% of registrations, followed by Utrecht, also in the Netherlands, at 6.6%, consequently expanding the Europe ADAS market size.

The rising demand for electric vehicles is driving the adoption of ADAS, as these vehicles often prioritise connectivity, safety, and advanced driving technologies. Features of ADAS, including adaptive cruise control and lane-keeping assistance, resonate with the expectations of electric vehicles drivers for high-tech and safe vehicles, thereby facilitating the shift towards autonomous and environmentally friendly transportation.

As per the Europe ADAS market analysis, the European Commission has put forward revised standards for driving licences and enhanced cross-border enforcement of road traffic regulations in 2023. The implementation of stringent road safety measures is driving the adoption of ADAS, as governments require features such as lane departure warnings, automatic emergency braking, and pedestrian detection in newly manufactured vehicles. These technologies contribute to a decrease in accidents and improve the responsiveness of drivers, thereby making roads safer and bolstering the overall safety of public transportation.

Key Trends and Developments

Europe ADAS Market Trends

The market for ADAS is experiencing significant growth, propelled by stringent safety regulations, an increasing consumer preference for vehicle safety, and advancements in technology. The rising interest in autonomous vehicles is also contributing to the demand for ADAS, as these systems are critical for both semi-autonomous and fully autonomous vehicles, leading to the expansion of Europe ADAS market size. Additionally, the expansion of electric vehicles throughout Europe is further promoting the adoption of ADAS, as manufacturers of electric vehicles emphasise the importance of advanced safety features to improve driver assistance and connectivity.

Europe ADAS Industry Segmentation

Europe ADAS Market Share

Based on vehicle type, the market is segmented into passenger cars and commercial vehicles. The passenger cars segment is projected to dominate the market, representing a CAGR of 14.0% during the4 forecast period, consequently leading to the Europe ADAS market development. The adoption of ADAS in passenger vehicles is increasing as consumers prioritise safer driving experiences. Features such as lane-keeping assistance, adaptive cruise control, and collision avoidance contribute to enhanced safety and convenience, rendering them highly sought after in both luxury and mainstream automobiles, thereby promoting safer road conditions and a decrease in accidents.

Leading Companies in the Europe ADAS Market

Major players are focusing on the adoption of technological advancements to gain a competitive edge in the market and improve Europe ADAS market outlook.

ZF Friedrichshafen AG

Established in 1915 and located in Friedrichshafen, Germany, ZF Friedrichshafen AG is renowned for its expertise in driveline and chassis technology, with a particular emphasis on ADAS and autonomous driving solutions. The company's innovations play a crucial role in enhancing vehicle safety and efficiency on a global scale.

NXP B.V.

Founded in 1953 and headquartered in Eindhoven, Netherlands, NXP B.V. stands as a leader in the semiconductor ...

Garmin Ltd.

Established in 1989 and based in Olathe, Kansas, United States, Garmin Ltd. is a key player in GPS and navigat...

Valeo SE

Founded in 1923 and headquartered in Paris, France, Valeo SE is a leading supplier of automotive technology, p...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players in the market are Continental AG, Robert Bosch GmbH, Denso Corp., Magna International Inc., Hitachi Ltd., and Ouster, Inc., among others.