Advanced Driver Assistance System (ADAS) Market Growth by 2030- Industry Analysis, Size, Share, Trends, Key Vendors, Drivers and Forecast

Market Industry Reports (MIR) has published a new report titled “Advanced Driver Assistance System (ADAS) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the Advanced Driver Assistance System (ADAS) market is estimated to account for over US$ 29.5 billion in 2019. It is anticipated to grow at a CAGR of approximately 20% from 2019 to 2030.
The growth of the ADAS market can be attributed to several factors such as the growing trend for autonomous & semi-autonomous vehicles coupled with the rising need for passenger comfort. The growing demand for safe, efficient, & convenient driving experiences is further contributing to the market growth of ADAS.
Some of the prominent players in the global Advanced Driver Assistance System (ADAS) market include:
Robert Bosch GmbH, DENSO CORPORATION., ZF Friedrichshafen AG, Delphi Technologies, Continental AG, Valeo, NVIDIA Corporation, Magna International Inc., HYUNDAI MOBIS, and HELLA GmbH & Co. KGaA, among others

Comments

Popular posts from this blog

How Have AI and Machine Learning Reshaped the Fire Alarm and Detection System Industry in 2024?

How is Quantum AI Accelerating the Drug Discovery Process?

How Do Signal Generators Impact the Automotive and Wireless Sectors?