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The Philippines ADAS market size is projected to grow at a CAGR of 15.10% between 2024 and 2032. Expansion of the automotive sector and stringent road safety rules are augmenting the market growth.
Base Year
Historical Year
Forecast Year
Philippines ADAS Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | XX |
Market Size 2032 | USD Billion | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 15.1% |
CAGR 2024-2032 - Market by Solution | Adaptive Cruise Control | 17.2% |
CAGR 2024-2032 - Market by Vehicle Type | Passenger Cars | 16.6% |
2023 Market Share by Vehicle Type | Passenger Cars | 67.5% |
The anticipated growth of electric vehicles in the country is remarkable, with projections indicating the emergence of approximately 3.6 million electric motorcycles and 300,000 private electric cars. A study conducted by Nissan revealed that 46% of Filipino participants are open to considering an electric vehicle for their next purchase, positioning the Philippines as a significant market for Nissan's electric offerings and consequently leading to the Philippines ADAS market expansion.
Furthermore, it is estimated that electric motorcycles and scooters will account for 25% of the total two-wheeler market by 2025. The Philippines is also on track to establish itself as a key player and manufacturing centre in the electric vehicle sector, capitalising on its resources and strategic location within Southeast Asia. The increasing adoption of electric vehicles is fostering a greater reliance on ADAS. As manufacturers of electric vehicles emphasise advanced, safety-oriented features, the integration of ADAS becomes crucial for improving the driving experience, enhancing safety, and increasing the attractiveness of the vehicles. This focus on autonomous capabilities resonates with consumers who are both environmentally conscious and technologically inclined.
As per the Philippines ADAS market analysis, the growing rigor of vehicle safety regulations in the Philippines is significantly boosting the demand for ADAS features. These regulations, designed to minimise accidents and enhance road safety, are making ADAS features such as automatic braking, lane-keeping assistance, and collision detection indispensable in new vehicles, thereby meeting both regulatory requirements and consumer safety standards.
CAGR 2024-2032 - Market by | Solution |
Adaptive Cruise Control | 17.2% |
Blind Spot Detection (BSD) System | 16.1% |
Adaptive Front Light | XX% |
Park Assistance | XX% |
Lane Departure Warning System | XX% |
Others | XX% |
Value in USD Billion
2024-2032
Philippines ADAS Market Outlook
*this image is indicative*
Philippines ADAS market growth can be attributed to rising road traffic due to swift urbanisation, rising road safety regulations, and expansion of the automotive sector.
The commitment by the government of the Philippines to a reduction in the number of road fatalities and increasing vehicle safety standards is an important reason driving the adoption of ADAS. Efforts toward increasing the stringency of the safety regulations push such technologies as collision avoidance and lane-keeping even more compelling for new model vehicle introduction, hence fueling the Philippine ADAS market development.
The development of urban areas and the increasing traffic density increase the need for ADAS in the Philippines. Features like adaptive cruise control and parking assistance are most important for making more secure and efficient travel in a massive city such as that of the Philippines.
As awareness of vehicle safety advantages increases, consumers are showing a growing preference for vehicles equipped with ADAS. There is a notable rise in demand for features like automatic braking, especially among middle-class buyers who seek technologically advanced and family-oriented vehicles, consequently driving up the Philippines ADAS market share.
More international automotive brands make their appearances in the region, thus allowing for increased adoption of ADAS. Automotive companies add ADAS to meet demand from consumers seeking safe and satisfying drives.
The market is experiencing significant growth, propelled by more stringent government regulations focused on enhancing road safety and minimising traffic incidents. Notable trends include an increasing consumer preference for safety features, leading to the expansion of Philippines ADAS market size. The rapid urbanisation and escalating traffic congestion in the Philippines further necessitate the adoption of vehicles equipped with ADAS, as these technologies contribute to improved safety and convenience in densely populated areas.
CAGR 2024-2032 - Market by | Vehicle Type |
Passenger Cars | 16.6% |
Commercial Vehicles | XX% |
The EMR’s report titled “Philippines ADAS Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Breakup by Solution
Breakup by Vehicle Type
Breakup by Component
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 16.6%, leading to the Philippines ADAS market development. ADAS in passenger vehicles greatly enhance driver safety and convenience by incorporating important features. These technologies reduce the risk of accidents and improve the overall driving experience, especially in heavy traffic situations.
2023 Market Share by | Vehicle Type |
Passenger Cars | 68% |
Commercial Vehicles | XX% |
Major players are focusing on the adoption of technological advancements to gain a competitive edge and improve the Philippines ADAS market outlook.
Denso Corporation, established in 1949 and located in Kariya, Japan, is renowned for its automotive components. The company specialises in cutting-edge systems such as ADAS, electrification, and vehicle automation, positioning itself as a prominent supplier in automotive technology aimed at enhancing safety and efficiency.
Founded in 1973 and headquartered in Kyoto, Japan, Nidec Corporation concentrates on electric motor technologi...
Founded in 1915 and based in Friedrichshafen, Germany, ZF Friedrichshafen AG stands as a global authority in d...
Established in 1953 and headquartered in Eindhoven, Netherlands, NXP B.V. is a specialist in semiconductor tec...
*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, Garmin Ltd., Valeo SE, Hitachi Ltd., and Aptiv Plc, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market is assessed to grow at a CAGR of 15.10% between 2024 and 2032.
The major drivers of the market are rising road safety rules and expansion of the automotive sector.
As per the EMR report, the different vehicle types are passenger cars and commercial vehicles.
The key trends in the market are rising adoption electric vehicles and stringent regulation laid by the government.
The major types of solutions in the market are adaptive cruise control, adaptive front light, blind spot detection (BSD) system, park assistance, lane departure warning system, tire pressure monitoring system, and autonomous emergency braking, among others.
The different types of components in the market are processors, sensors, and software among others.
The major players in the market are Continental AG, Robert Bosch GmbH, Denso Corp., Magna International Inc., ZF Friedrichshafen AG, NXP B.V., Garmin Ltd., Valeo SE, Hitachi Ltd., and Ouster, Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Solution |
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Breakup by Vehicle Type |
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Breakup by Component |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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