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Showing posts with the label Automotive Passenger Car ADAS Market forecast and outlook

Automotive Passenger Car ADAS Market Navigating Safety with Share and Overview of the $21 Billion Market

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  According to TechSci Research report, “ Global Automotive Passenger Car ADAS Market -  Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the   Global Automotive Passenger Car ADAS Market   stood at USD 21 billion in 2022 and is anticipated to grow with a CAGR of 10.5% in the forecast period, 2024-2028.   The term "advanced driver assistance system" refers to a broad category of active and passive technologies that are all intended to help the driver by improving security and safety for the driver, passengers, and pedestrians while they are on the road. ADAS is made up of several essential parts, including software, sensors, cameras, radars, and other imaging devices. Among the many technologies that make up the ADAS are autonomous emergency braking, park assist, adaptive cruise control, and lane departure warning system. Automotive technology has advanced thanks to artificial intelligence (AI). Additionally, this market is exp...