Advanced Driver Assistance Systems Market Size, Share, Growth | Industry Trends Report, 2021-2026
Advanced Driver Assistance Systems Market Size, Share, Growth | Industry Trends Report, 2021-2026
Published by IMARC Services Private Limited
Posted on October 6, 2021
According to the latest report by IMARC Group, titled “Advanced Driver Assistance Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global advanced driver assistance systems market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global advanced driver assistance systems market to grow at a CAGR of around 13% during 2021-2026.
Advanced driver assistance system (ADAS) is an intelligent electronic system integrated with sensors, cameras, radars, and related software. It assists in establishing effective communication between vehicles, vehicle infrastructure systems, and transportation management centers. It also aids in providing vital information about traffic, road closures, and blockages, and congestion levels to drivers. As they offer comfort, safety, and improved vision, their demand is escalating around the world.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Due to increasing traffic congestions and the growing instances of road accidents, there is a significant rise in the sales of vehicles with ADAS across the globe. Moreover, there is an increase in the demand for vehicles with improved safety and security features. This, along with the thriving automotive sector worldwide, is creating a favorable market outlook. Furthermore, socioeconomic factors like the rising global population and inflating income levels are also bolstering the growth of the market.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “Advanced Driver Assistance Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global advanced driver assistance systems market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global advanced driver assistance systems market to grow at a CAGR of around 13% during 2021-2026.
Advanced driver assistance system (ADAS) is an intelligent electronic system integrated with sensors, cameras, radars, and related software. It assists in establishing effective communication between vehicles, vehicle infrastructure systems, and transportation management centers. It also aids in providing vital information about traffic, road closures, and blockages, and congestion levels to drivers. As they offer comfort, safety, and improved vision, their demand is escalating around the world.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Due to increasing traffic congestions and the growing instances of road accidents, there is a significant rise in the sales of vehicles with ADAS across the globe. Moreover, there is an increase in the demand for vehicles with improved safety and security features. This, along with the thriving automotive sector worldwide, is creating a favorable market outlook. Furthermore, socioeconomic factors like the rising global population and inflating income levels are also bolstering the growth of the market.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800