Advanced Driver Assistance Systems (ADAS) Market (By System Type: IPA, LDW, RSR, TPMS, NVS, AEB, ACC, AFL, BSD, CTA, DMS, FCW and Others; By Sensor Type: Image Sensor, LiDAR Sensor, Radar Sensor, Ultrasonic Sensor, Infrared (IR) Sensor and Laser Sensor; By Vehicle Type: Passenger Car, Light Commercial Vehicle, Truck and Bus) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027
The global advanced driver assistance systems (ADAS) market size was valued at USD 32.3 billion in 2019 and expected to reach US$ 142 bn by 2027, growing at a compound annual growth rate (CAGR) of 11.6% from 2020 to 2027.
The growth of advanced driver assistance systems (ADAS) market is mainly attributed to increasing consumers’ pr