ADAS Market Size: Growth, Trends & Future Outlook
The ADAS market size is witnessing remarkable growth, driven by the accelerating adoption of automotive safety technologies worldwide. As consumer demand for safer, smarter vehicles rises alongside stringent government regulations, the ADAS market size is set to expand rapidly over the coming decade. According to MarketsandMarkets, the global ADAS market size is expected to grow from approximately...
Advanced Driver Assistance System (ADAS): Technological Revolution Fueling Market Growth
The Global Advanced Driver Assistance System (ADAS) Market is projected to reach USD 74.9 billion by 2030, from USD 27.2 billion in 2021, at a CAGR of 11.9%. The growth of the market is driven by the growing demand for driver assistance systems and stringent safety mandates for a safer driving experience.
Upcoming safety mandates and increasing focus on sophisticated driving assistance features would...
Who will be Dominating the Driver Assistance Systems Market
Global automobile market is growing at a significant rate. This growth is evident in the technological advancements and rising demand for vehicles. The increasing size of auto industry is pushing various governments and automakers to concentrate on road safety. Assistance in interpretation of the vehicle surroundings is an advanced and highly beneficial technology for road safety. Advanced driver assistance...