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ADAS market set to reach $211.71 billion by 2034

Author: Chris Anthony Comments: 0
The Autonomous Emergency Braking (AEB) segment within ADAS is projected to obtain a market share of 56.3 per cent in 2024 (Photo: Bailey Hall, Unsplash)

The value of the global automotive ADAS (Advanced Driver Assistance System) market is expected to rise from US$64.04 billion in 2024 to US$ 211.71 billion by 2034. That estimated growth is expected to be driven by a steady Compound Annual Growth Rate (CAGR) of 12.7 per cent in ADAS market over the next decade.

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