Advanced Driver Assistance Systems Market Value, Size, Share
The global advanced driver assistance systems market is projected to reach USD 52.7 billion in 2023, registering a Compound Annual Growth Rate (CAGR) of 18.4% during the forecast period 2024-2030. The growth of the market is majorly driven by the increased production of technologically advanced vehicles. Cars with advanced driver assistance systems (ADAS) are equipped with technological parts that make driving safer. These systems include picture, ultrasonic, radar, infrared, laser, and LiDAR sensors.
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