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ADAS Calibration Tool Market

ADAS Calibration Tool Market Size, Share, and Analysis, By Type (Radar Calibration Tool, Diagnostic Scan Tool, Camera Calibration Tool, Alignment Machine, and Others), By Application (Commercial Vehicle, and Passenger Vehicle), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

Published on: Aug-2024
Report Code: FG AU 02104
No. of Pages: 170-350
Report Format: PDF

ADAS Calibration Tool Market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 0.3 billion and is projected to reach USD 0.9 billion by the completion of 2034.

Product Overview

Advanced Driver Assistance Systems (ADAS) are technologies designed to help drivers operate their vehicles safely. ADAS relies on sensors and cameras in features like automatic emergency braking, adaptive cruise control, and lane departure alert, which help identify obstacles or errors and take action to enhance automotive and road safety. To ensure ADAS functions properly, special devices and software known as ADAS calibration tools are used. Over time, sensors in vehicles can become misaligned or inaccurate, compromising the safety of any ADAS system. Thus, calibration tools are crucial for automobile mechanics to ensure all cameras and sensors in vehicles are working correctly, whether before delivering new vehicles or after repairing or replacing ADAS components.

Market Highlights

ADAS Calibration Tool Market is anticipated to grow at a robust rate, with projections indicating a 11.9% compound annual growth rate (CAGR) between 2024 and 2034

ADAS Calibration Tool Market is expected to reach USD 0.9 billion during the forecast period, driven by the rapid adoption of ADAS in automobiles and features like lane departure alert and adaptive cruise control. Strict government safety regulations are boosting the demand for ADAS systems, further propelling the growth of the ADAS calibration tool market. Additionally, technological advancements in cameras and sensors, which require precise calibration tools to function correctly, are contributing to market expansion. As consumers become more aware of vehicle safety ratings and the importance of safety features, the demand for ADAS calibration tools is also increasing.

Source: Fatpos Global

ADAS Calibration Tool Market Segmentation

Camera Calibration Tool segment is anticipated to lead owing to its accuracy and reliability

ADAS Calibration Tool Market is segmented based on Type into Radar Calibration Tool, Diagnostic Scan Tool, Camera Calibration Tool, Alignment Machine, and Others. The Camera Calibration Tool segment is anticipated to lead the market due to its accuracy and reliability. This segment is essential for ensuring the proper functioning of camera-based features such as traffic sign detection and lane departure warning. With continuous advancements in camera technology, including improved sensors and higher image quality, the need for advanced calibration tools is rising. Automakers and service providers are investing significantly in specialized calibration tools to enhance ADAS performance and safety standards, particularly for camera sensors.

Passenger vehicle segment will dominate the industry due to the higher adoption of ADAS

ADAS Calibration Tool Market is classified based on Application into Commercial Vehicles, and Passenger Vehicles. The Passenger vehicle segment is expected to dominate the ADAS Calibration Tool Market due to the higher adoption of ADAS in passenger vehicles. Safety features such as adaptive cruise control, lane departure warning, and automatic emergency braking are increasingly common in passenger cars, making driving safer and easier. This has led to a growing demand for ADAS calibration tools in this vehicle segment. Proper calibration of ADAS systems in passenger vehicles is critical for ensuring these safety features function accurately, which involves aligning sensors, cameras, and other components to detect and respond to road conditions and potential risks. Given the greater variety of ADAS features in passenger vehicles compared to commercial vehicles, there is a need for a variety of calibration tools tailored to these systems.

Source: Fatpos Global

Market Dynamics

Growth Drivers

Technological Advancements are Critical to Boost the Adoption of ADAS Calibration Tools

Technological advancements are crucial for the growth of the ADAS calibration tool market. As sensors and cameras improve, advanced calibration tools are necessary to align and adjust these sensors accurately for optimal ADAS performance. ADAS systems today use complex software to make quick decisions, so calibration tools must be compatible with this new software for proper tuning and setup, driving market growth. Furthermore, as cars become more connected to digital technology, calibration tools must seamlessly communicate with the car's electronics and ADAS components. These technological developments not only help meet safety standards but also make products more competitive in the market and meet the growing demand for automobiles with ADAS capabilities.

Increasing Adoption of ADAS in Vehicles Will Aid the Market

The rise in ADAS adoption in vehicles is fueling growth in the ADAS calibration tool market. As more vehicles are built with features like adaptive cruise control and collision warning systems, the need for accurate tools to calibrate these systems is increasing. Due to the aging or repair of ADAS-equipped vehicles, sensors and cameras must be continuously calibrated to ensure their accuracy, leading to an increased need for calibration tools. Additionally, strict global safety requirements mandate the use of ADAS to enhance vehicle safety, further driving demand for calibration tools. Consumers are increasingly prioritizing vehicle safety features, leading to a higher demand for solutions that ensure optimal ADAS operation.

Restraints

High Cost can Limit the Growth of the ADAS Calibration Tool Market

High cost of ADAS calibration tools poses significant challenges for the market. The expense of purchasing advanced calibration tools can be prohibitive for auto repair shops and service providers, particularly smaller ones with limited budgets, restricting their adoption of these tools. Additionally, skilled workers with proper training are required to operate these calibration tools, adding to the overall expenses and hindering market growth. With technological advancements, calibration tools and software need regular updates for accurate results. The cost of software updates increases the financial burden on ADAS calibration tool manufacturers, limiting market growth. Moreover, these expenses may result in higher service rates for consumers, reducing demand.

Recent Developments

  • In 2023, Hunter Engineering Company is likely to have continued integrating ADAS calibration capabilities into their wheel alignment machines. This integration aims to provide a comprehensive solution for repair shops already utilizing Hunter equipment, simplifying the calibration process.
  • Bosch potentially launched cloud-based software tailored for their ADAS calibration tools in 2023. This software might provide features such as remote updates, access to current calibration procedures, and potentially streamline the technician's workflow.
  • Bosch launched the DAS 3000 calibration tool in 2021, specifically designed to calibrate ADAS sensors like cameras, radar, and LiDAR. This tool was developed to address the growing need for accurate calibration in today's vehicles.
  • Denso Corporation expanded its ADAS calibration tool portfolio in 2020 with the release of a new diagnostic tool that supports a wide variety of vehicle models. This expansion was intended to boost their position in the calibration tool market.
  • In 2017, Hella Gutmann Solutions introduced a complete ADAS calibration system featuring updated software and training modules for technicians. This system aimed to ensure precise calibration across diverse vehicle models.

ADAS Calibration Tool Market

Key Players:

  • Bosch
  • Hunter Engineering Company
  • Denso Corporation
  • Delphi Technologies
  • MAHLE GmbH
  • Topdon
  • Autel Intelligent Technology Corp.
  • Beissbarth GmbH
  • Continental AG
  • TEXA S.p.A.
  • Fluke Corporation
  • Hella Gutmann Solutions
  • AVL DiTEST
  • Snap-on Incorporated
  • Launch Tech Co., Ltd.
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Regional Analysis

ADAS Calibration Tool Market is segmented based on regional analysis into five key regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The North American region is anticipated to dominate the ADAS Calibration Tool Market as the region's strong automotive industry, with major manufacturers like Ford and General Motors, develops and integrates ADAS features, increasing the need for calibration tools. North America has taken the lead in the adoption of ADAS systems in passenger automobiles. Due to its early acceptance, many automobiles require regular calibration, resulting in a robust market for these tools. Additionally, the countries in this region have strict rules and regulations imposed by the government that require the use of ADAS technologies to improve vehicle safety and reduce accidents, resulting in an increased demand for calibration tools to make sure ADAS systems meet safety standards. In addition, large infrastructure investments support advanced driver assistance functions, creating a larger market for calibration tools in the North American region.

Source: Fatpos Global

Impact of COVID-19 on the ADAS Calibration Tool Market

COVID-19 pandemic had a dual impact on the ADAS Calibration Tool Market. Initially, lockdowns and supply chain issues slowed the production of new cars with ADAS features, which lowered the immediate need for calibration tools. Factory shutdowns, movement restrictions, and transport delays led to shortages of components and finished products. Many repair shops were closed or operated with reduced staff, making it more difficult to conduct ADAS calibrations, which significantly affected the market. However, as restrictions were gradually eased, the market began to recover. The increased demand for vehicles and maintenance services, as well as a renewed focus on safety and regulatory compliance, helped to propel the market. Additionally, the pandemic accelerated the use of digital technologies in calibration services, further strengthening the market.

ADAS Calibration Tool Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

ADAS Calibration Tool Market Scope and Segments:

ATTRIBUTE

  DETAILS

Study Period

2018-2034

Base Year

2023

Forecast Period

2024-2034

Historical Period

2019-2022

Growth Rate

CAGR of 11.9% from 2024-2034

Unit

Value (USD Billion)

Segmentation

Main Segments List

By Type

  • Radar Calibration Tool
  • Diagnostic Scan Tool
  • Camera Calibration Tool
  • Alignment Machine
  • Others

By Application

  • Commercial Vehicle
  • Passenger Vehicle

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ):

ADAS Calibration Tool Market size was valued at USD 0.3 billion in 2023 and is projected to reach the value of USD 0.9 billion in 2034, exhibiting a CAGR of 11.9% during the forecast period.

The ADAS Calibration Tool Market refers to the global industry segment focused on tools and equipment used to calibrate and maintain the functionality of ADAS features in vehicles.

The Camera Calibration Tool segment and the Passenger Vehicle segment accounted for the largest ADAS Calibration Tool Market share.

Key players in the ADAS Calibration Tool Market include Bosch, Hunter Engineering Company, Denso Corporation, Delphi Technologies, MAHLE GmbH, Topdon, Autel Intelligent Technology Corp., Beissbarth GmbH, Continental AG, TEXA S.p.A., Fluke Corporation, Hella Gutmann Solutions, AVL DiTEST, Snap-on Incorporated, Launch Tech Co., Ltd., and Other Prominent Players.

The technological advancements and increasing adoption of ADAS in vehicles are the factors driving the ADAS calibration tool market.

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