Market Revenue Advanced Driver Assistance Systems (ADAS) Industry

Advanced Driver Assistance Systems (ADAS) Industry Status and
Prospect, Market Overview From 2014-2025
“Advanced Driver Assistance Systems (ADAS) Market is expected to reach USD
67.43 billion by 2025. Advance Driver Assistance Systems (ADAS) implies a set
of systems used in vehicles to offer a comfortable and an intelligent driving
involvement.”
Advanced Driver Assistance Systems (ADAS) Market is expected to reach USD 67.43 billion by 2025. Advance
Driver Assistance Systems (ADAS) implies a set of systems used in vehicles to offer a comfortable and an
intelligent driving involvement. Rise in demand for progressive system as night vision, road sign recognition,
drowsiness system is projected to influence the overall manufacturing in the forecast period. The Advanced
Driver Assistance Systems market size is expected to grow at a 19.0% CAGR in the upcoming period as the scope,
product types, and its applications are increasing across the globe.
The demand for old-style ADAS system as autonomous emergency braking, adaptive cruise control system is
projected to develop exponentially due to stringent rules to improve road safety and decrease in road accidents.
In addition, the factors propelling the market include impending need for comfort, growing focus on consumer
safety, and increase in governments’ rules that ensure the security of the ADAS market development. On the
other hand, the lack of consciousness among medium and low-end customers, high cost of installation
concerning the functionality and importance of these organizations in improving driver safety could restrain the
Advanced Driver Assistance Systems (ADAS) development of late. Advanced Driver Assistance Systems (ADAS)
Market size may be explored by solution type, component type, interior design, and geography. Advanced Driver
Assistance Systems (ADAS) may be explored by solution type as Autonomous Emergency Braking, Park
assistance, Adaptive Front Lights, Blind Spot Detection System, Adaptive Cruise Control, Tire Pressure
Monitoring System, Lane Departure Warning System, Others.
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