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The global advanced driver assistance system (ADAS) market was estimated at USD 29.85 Billion in 2019 and it is anticipated to reach USD 128.52 Billion by 2027 as per the new intelligence report published by Confianza market research & consultancy.
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Global Advanced Driver Assistance System (ADAS) Market Trends, Growth Forecast 2020-2027
Segment: Advanced Driver Assistance System (ADAS) Market Size Share & Trends Analysis Market By System Type (Adaptive Cruise Control, Autonomous Emergency Braking, Lane Departure Monitoring System, Adaptive Front Lights, Blind Spot Detection, Tire Pressure Monitoring System, Park Assistance) Component Type (Processor, Sensors), Vehicle Type (Passenger Car, Light Commercial Vehicles, And Heavy Commercial Vehicle) by 2020-2027. @ Confianza Market Research & Consultancy. All Rights Reserved
Statistics: The global advanced driver assistance system (ADAS) market was estimated at USD 29.85 Billion in 2019 and it is anticipated to reach USD 128.52 Billion by 2027, this market is expected to grow at a CAGR of 13.5 % over the forecast period. @ Confianza Market Research & Consultancy. All Rights Reserved
Drivers: Growing demand for driving safety and stringent government regulations to reduce on-road accidents is expected to boost the ADAS market growth between 2020 to 2027. @ Confianza Market Research & Consultancy. All Rights Reserved
Region: Asia Pacific is the leading ADAS hardware manufacturer and exporter, thus holds considerable global market share. @ Confianza Market Research & Consultancy. All Rights Reserved
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