Advanced driver assistance systems market

The global advanced driver assistance systems (ADAS) market reached a value of about USD billion in The market is further expected to grow at a CAGR of 17% in the forecast period of to reach a value of approximately USD 65 billion by The market is driven by the increasing awareness regarding vehicle safety and reducing component costs . The global Advanced driver assistance systems (ADAS) market is segment based on system type, sensor type, vehicle type, and region. Based on system type, the ADAS market is divided into tire pressure monitoring system (TPMS), drowsiness monitoring system, intelligent parking assist system (IPAS), adaptive cruise control system, blind spot object detection .

The global advanced driver assistance systems (ADAS) market reached a value of about USD billion in The market is further expected to grow at a CAGR of 17% in the forecast period of to reach a value of approximately USD 65 billion by The market is driven by the increasing awareness regarding vehicle safety and reducing component costs owing to the extensive use of cameras and radars. (Market Insight Reports) -- Market Study Report has released a new research study on Advanced Driver Assistance System (ADAS) market Analysis inclusive of one or more. The global Advanced driver assistance systems (ADAS) market is segment based on system type, sensor type, vehicle type, and region. Based on system type, the ADAS market is divided into tire pressure monitoring system (TPMS), drowsiness monitoring system, intelligent parking assist system (IPAS), adaptive cruise control system, blind spot object detection system, lane departure warning system, adaptive front lighting system, and others.

Vehicle manufacturers are realizing the true value of advanced driver assistance systems (ADAS). In the EU, USA and China, this fast-moving market is. 6 Advanced Driver Assistance Systems (ADAS) Market is projected to grow at a CAGR of % from USD billion in to USD 29 In fact, ADAS is one of the fastest-growing sectors in the automotive industry, with expectations that the ADAS market will see a compound.