Home › News Updates › MarketsandMarkets Insights for Trends in Advanced Driver Assistance System (ADAS) Market Cited by NASDAQ
MarketsandMarkets was recently revealed as a prime source by NASDAQ in their article on ADAS market, explaining the current and future challenges and opportunities.
Over a passage of time, the dynamics of the global automotive industry has witnessed a rapid change, owing to the advancements in technology, rising concerns regarding safety among consumers, and government regulations and mandates pertaining to passenger as well as pedestrian safety. This has resulted in a huge demand for advanced safety features in vehicles. The global ADAS market is projected to be valued at $42.40 Billion by 2021, growing at a CAGR of 10.44% during the forecast period from 2016 to 2021.
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Report mentioned in the above news is,
ADAS Market by Type (ACC, HUD, TPMS, LDWS, Blind Spot Detection, Adaptive Front Lights, Electronic Brake Assist, Park Assist, Night Vision, Pedestrian Detection, Road Sign Recognition, Drowsiness Monitor), Sensor Technology (Ultrasonic, Image, RADAR, LIDAR, Infrared), Vehicle Type, & by Region - Forecast to 2021
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