Latin America ADAS Market Share

Market Share of Latin America ADAS Industry

The Latin America Advanced Driver Assistance Systems (ADAS) Market is fragmented with international and regional players such as Autoliv AB, Bosch Group, Continental AG, Delphi Automotive, Harman International, Hella KGaA Hueck & Co, and Hyundai Mobi. Although to have the edge over its competitors, the major ADAS companies are making joint-ventures, partnerships with car manufacturing companies to launch newer products.

For instance, Mexico has become one of the most promising ADAS markets for the automotive industry. For example, Kia, Audi, and Ford have planned the construction of new car manufacturing plants with a total investment of over USD 4 billion. This will further push the growth for the ADAS market is the Latin America region.

Latin America ADAS Market Leaders

1. Autoliv AB

2. Bosch Group

3. Ford Motor Company

4. General Motors

5. BMW AG

*Disclaimer: Major Players sorted in no particular order