Adas market size, forecast, share, growth 2025

1. MarketsandMarkets Presents • ADAS Market Size, Forecast, Share, Growth 2025 https://www.marketsandmarkets.com/Market-Reports/driver-assistance-systems-market-1201.html

2. The ADAS Market (Advanced Driver Assistance System Market) is estimated to be USD 20.19 billion in 2017 and is projected to reach USD 91.83 billion by 2025, at a CAGR of 20.96% from 2018 to 2025. Increasing demand for safe, efficient, and convenient driving, rising disposable income in emerging economies, and growing stringency of safety regulations across the globe are playing a key role in making ADAS popular. Get The PDF Brochure For This Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1201 Browse 108 market data Tables and 48 Figures spread through 175 Pages and in-depth TOC on "ADAS Market” https://www.marketsandmarkets.com/Market-Reports/driver-assistance-systems-market-1201.html

3. Market Dynamics • Drivers • Government regulations pertaining to vehicle safety • Rise in the demand for safer, more efficient, and convenient driving experience • Increasing demand for luxury cars • Restraints • Non availability of required infrastructure in developing countries • Opportunities • Advent of autonomous vehicles • Rising demand for electric vehicles • Challenges • Complex & expensive features • Security threats • Mutual interference between LiDAR scanners • Environment constraints pose a challenge for ADAS • Maintaining the balance between cost & quality

4. Request Sample of the report: • https://www.marketsandmarkets.com/requestsampleNew.asp?id=1201 • The ADAS market has been segmented by vehicle type into passenger cars, light commercial vehicles, buses, and trucks. Passenger car is estimated to be the fastest growing segment of the ADAS Market, by vehicle type. The number of passenger cars is growing at a significant rate in the emerging economies of the Asia Pacific region. The increasing demand for passenger cars can be attributed to the rise in GDP and population of developing countries, improved lifestyle, increased purchasing power of consumers, and development of infrastructure. ADAS is provided as a standard feature in passenger cars in several countries to prevent fatalities due to accidents. For instance, the European government mandated the installment of LDWSs and AEBSs in trucks and buses in 2015. • Critical Questions: • Where will all these developments take the industry in the mid to long term? • Will the industry cope with the challenge of the high cost of the ADAS sensor market? • What are the upcoming industry applications for ADAS sensors? • Don’t miss out on business opportunities in ADAS Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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