Uploaded on Aug 21, 2020
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.
Advanced Driver Assistance System (ADAS) Market
Global Advanced Driver
Assistance System (ADAS)
Market Trends, Growth
Forecast 2020-2027
Segment: 2
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 2020-2@ C0onfi2anza7 Ma.rket Research & Consultancy. All Rights
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Statistics: 3
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.
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Drivers: 4
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.
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Region: 5
Asia Pacific is the leading ADAS hardware
manufacturer and exporter, thus holds
considerable global market share.
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About Us 7
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