Australia Advanced Driver Assistance System Market Size & Outlook

The advanced driver assistance system market in Australia is expected to reach a projected revenue of US$ 1,173.7 million by 2030. A compound annual growth rate of 13.1% is expected of Australia advanced driver assistance system market from 2024 to 2030.
Revenue, 2023 (US$M)
$496.3
Forecast, 2030 (US$M)
$1,173.7
CAGR, 2024 - 2030
13.1%
Report Coverage
Australia

Australia advanced driver assistance system market highlights

  • The Australia advanced driver assistance system market generated a revenue of USD 496.3 million in 2023 and is expected to reach USD 1,173.7 million by 2030.
  • The Australia market is expected to grow at a CAGR of 13.1% from 2024 to 2030.
  • In terms of segment, passenger vehicle was the largest revenue generating vehicle type in 2023.
  • Commerical Vehicle is the most lucrative vehicle type segment registering the fastest growth during the forecast period.


Advanced driver assistance system market data book summary

Market revenue in 2023USD 496.3 million
Market revenue in 2030USD 1,173.7 million
Growth rate13.1% (CAGR from 2023 to 2030)
Largest segmentPassenger vehicle
Fastest growing segmentCommerical Vehicle
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPassenger Vehicle, Commerical Vehicle
Key market players worldwideIntel Corp, Autoliv Inc, Denso Corp, Continental AG, Garmin Ltd, Infineon Technologies AG, Magna International Inc, Mobileye Global Inc Ordinary Shares - Class A, Robert Bosch Engineering & Business Solutions, Valeo SA


Other key industry trends

  • In terms of revenue, Australia accounted for 1.5% of the global advanced driver assistance system market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China advanced driver assistance system market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,604.9 million by 2030.

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Advanced Driver Assistance System Market Scope

Advanced Driver Assistance System Market Companies

Name Profile # Employees HQ Website

Australia advanced driver assistance system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced driver assistance system market will help companies and investors design strategic landscapes.


Passenger vehicle was the largest segment with a revenue share of 89.36% in 2023. Horizon Databook has segmented the Australia advanced driver assistance system market based on passenger vehicle, commerical vehicle covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Australia advanced driver assistance system market , including forecasts for subscribers. This country databook contains high-level insights into Australia advanced driver assistance system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia advanced driver assistance system market size, by vehicle type, 2018-2030 (US$M)

Australia Advanced Driver Assistance System Market Outlook Share, 2023 & 2030 (US$M)

Australia advanced driver assistance system market size, by vehicle type, 2018-2030 (US$M)

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