ADAS Market Size to Reach 655 Million Units by 2030: Key Growth Drivers
The ADAS Market Size is on a remarkable growth path, projected to reach 655 million units by 2030. This expansion is fueled by the rising adoption of safety features in vehicles, including adaptive cruise control, lane-keeping assistance, and automatic emergency braking. Increasing consumer demand for enhanced driving safety, coupled with stringent government regulations mandating ADAS installations, has significantly contributed to the surge in market size. The integration of cutting-edge technologies like AI and machine learning is further advancing the efficiency and capabilities of ADAS systems, driving widespread adoption. Factors Driving the ADAS Market Size The robust growth of the ADAS market size is also attributed to advancements in sensor technologies, including LiDAR, radar, and cameras, which enable real-time data processing and decision-making. As automotive manufacturers strive to achieve higher safety ratings and differentiate their offerings, ADAS systems are be