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...
ADAS Market Size, Share, Trends & Global Forecast by 2030
According to a research report “ADAS Market by Offering (Hardware (Camera, Radar, LiDAR, Ultrasonic, ECU), Software (Middleware, Application Software & OS)), System Type, Vehicle Type (PC, LCV, HCV), Level of Autonomy, Vehicle Class, EV type and Region – Global Forecast to 2030″ published by MarketsandMarkets, the global ADAS market size is projected to grow from 334 Million...
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...