Advanced Driver Assistance System (ADAS) Market Expected To Fuel Industry Growth With $58.7 Billion By 2030: Grand View Research Inc.
%20Market.png)
San Francisco, 31 July 2023: The Report Advanced Driver Assistance System (ADAS) Market Size, Share & Trends Analysis Report By Solution Type (Adaptive Cruise Control, Blind Spot Detection, Park Assistance), By Component Type, By Vehicle Type, By Region, And Segment Forecasts, 2022 - 2030 The global advanced driver assistance system market size is projected to reach USD 58.7 billion by 2030, registering a CAGR of 18.2% from 2022 to 2030, as per the study conducted by Grand View Research, Inc. The growing government initiatives toward deploying driver assistance systems to mitigate road accidents are anticipated to contribute to the market growth. The surge in the adoption of advanced driver assistance system (ADAS) in small cars is anticipated to further boost the growth of the market over the forecast period. Increasing levels of technological innovation and surge in the initiatives undertaken toward self-driving cars and vehicle automation have elevated the dema...