AVAS Market Size Worth USD 1.7 billion by 2030
The global AVAS market is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%. The AVAS market is driven by the increasing adoption of electric vehicles and hybrid electric vehicles, which, while beneficial for reducing emissions, are often too quiet at low speeds, posing a risk to pedestrians, especially those who are visually impaired. Regulatory mandates...