Advanced Driver Assistance Systems Industry The global advanced driver assistance system market size was valued at USD 30.61 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 11.0% from 2023 to 2030. The growing demand for advanced driver assistance systems (ADAS) in compact passenger cars is projected to be a prime factor driving the market growth. Increasing...

Advanced Driver Assistance Systems Industry The global advanced driver assistance system market size is expected to reach USD 66.56 billion by 2030, expanding at a CAGR of 11.0% from 2023 to 2030, according to a new report by Grand View Research, Inc The growing government initiatives toward deploying driver assistance systems to mitigate road accidents are anticipated to...

The global market for advanced driver assistance systems (ADAS) was valued at approximately USD 30.61 billion in 2022, with projections indicating a compound annual growth rate (CAGR) of 11.0% from 2023 to 2030. This notable growth is largely driven by an increasing demand for ADAS in compact passenger vehicles, as more consumers prioritize safety and convenience features....