Market Share of North America ADAS Industry
The North American ADAS market is highly fragmented. The market is characterized by considerably large global players, medium-sized local players, and some startups that have forged partnerships with the global automobile OEMs. These players also engage in joint ventures, mergers and acquisitions, new product launches, and product development to expand their brand portfolios and cement their market positions.
Some major players dominating the global market are Bosch Mobility Solutions, Continental AG, Aptiv Plc, Visteon Corp., and MobilEye, an Intel Corporation subsidiary. Key players are engaging in mergers and acquisitions and launching new products to secure their market position and stay ahead of the market curve. For instance
- October, 2022: Cradlepoint Solutions, Bosch Mobility Solutions, T-Mobile, and Curiosity Labs at Peachtree Corners announced a collaboration to develop and deploy advanced IoT connectivity solutions for autonomous vehicles, robotics, and AR/VR, using 5G Wireless WAN technology on T-Mobile's 5G network.
- October, 2022: Mercedes Benz and Luminar Technologies Inc. announced a collaboration to accelerate the development of future vehicle automated technologies for passenger vehicles. The partnership aims at ensuring optimal access to new technologies and global competencies.
North American ADAS Market Leaders
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Continental AG
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Aptiv Plc
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Visteon Corp.
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MobilEye
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Bosch Mobility Solutions
*Disclaimer: Major Players sorted in no particular order
