Global L2+ADAS Market Growth (Status and Outlook) 2025-2031

The global L2+ADAS market size is predicted to grow from US$ 4161 million in 2025 to US$ 9595 million in 2031; it is expected to grow at a CAGR of 14.9% from 2025 to 2031.

Level 2+ Advanced Driver Assistance Systems (ADAS) add additional features and higher levels of vehicle control to Level 2 automation to perform multiple driving tasks under certain conditions, such as lane keeping, adaptive cruise control, and automatic lane changes under driver supervision. But a semi-autonomous driving system still requires the driver to be ready to take control at any time. These systems are designed to reduce the driver's operating burden and improve driving safety and comfort by improving the vehicle's environmental awareness, decision making and response speed.

United States market for L2+ADAS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for L2+ADAS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for L2+ADAS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key L2+ADAS players cover MulticoreWare, Inc, Bosch, Continental AG, ZF Friedrichshafen AG, Aptiv, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “L2+ADAS Industry Forecast” looks at past sales and reviews total world L2+ADAS sales in 2024, providing a comprehensive analysis by region and market sector of projected L2+ADAS sales for 2025 through 2031. With L2+ADAS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world L2+ADAS industry.

This Insight Report provides a comprehensive analysis of the global L2+ADAS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on L2+ADAS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global L2+ADAS market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for L2+ADAS and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global L2+ADAS.

This report presents a comprehensive overview, market shares, and growth opportunities of L2+ADAS market by product type, application, key players and key regions and countries.

Segmentation by Type:
Navigate on Autopilo
HighWay Assist
Traffic Jam Assistant
Others

Segmentation by Application:
Commercial Vehicle
Passenger Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MulticoreWare, Inc
Bosch
Continental AG
ZF Friedrichshafen AG
Aptiv
Veoneer
Hyundai Mobis
Magna
Denso
Yihang AI
Jingwei Hengrun
Desay SV
Hongjing Zhijia
MAXIEYE
HAOMO AI
ZhiXing Technology
Momenta
Neusoft
Baidu
HUAWEI
MINIEYE

Please note: The report will take approximately 2 business days to prepare and deliver.