Advanced Driver Assistance System (ADAS) Market: Understanding the Key Product Segments and their Future
Transparency Market Research has published a new report on the global advanced driver assistance system (ADAS) market for the forecast period of 2019–2027. According to the report, the global advanced driver assistance system market is projected to reach ~ US$ 154 Bn by 2027, expanding at a CAGR of ~ 13% during the forecast period. Global Advanced Driver Assistance System (ADAS) Market: Overview According to the report, the global ADAS market is anticipated to be driven by a surge in the demand for enhanced vehicle safety and comfort while driving Automotive equipped with advanced driver assistance systems, which are considered as the mainstay of autonomous vehicles and driverless cars, offer more safety to the vehicle and aids the driver in tackling hazardous road conditions, especially during long-route journeys and traffic congestion. Key automakers such as Audi, BMW, Volvo, Daimler, Toyota, General Motors, Honda, and FCA are offering vehi...