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Forums > Demi Lovato > Advanced Driver Assistance Systems (ADAS) Market Report and Forecast 2020-2025
Advanced Driver Assistance Systems (ADAS) Market Report and Forecast 2020-2025   New Post
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maxsmith059
Club Points: 11
Novice

10/15/20 06:36 AM
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#1
The global Advanced Driver Assistance Systems (ADAS) Market size is projected to grow from USD 27.0 billion in 2020 to USD 83.0 billion by 2030, at a CAGR of 11.9%. Compliance with upcoming safety mandates and increasing demand for semi-autonomous driving systems will drive the market for ADAS. The COVID-19 pandemic has led to the suspension of vehicle production and supply disruptions, which have brought the automotive industry to a halt. Lower vehicle sales will be a major concern for automotive OEMs for the next few quarters. According to experts, there is a slim chance of vehicle sale recovery in 2020.
Edited by maxsmith059 on 10/15/2020 10:38:42 AM

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