Advanced Driver Assistance System Market Analysis, Size, and Growth (2022-2028)
Advanced Driver Assistance System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 43.14 Billion |
Market Size by 2028 | US$ 183.81 Billion |
Global CAGR (2021 - 2028) | 25.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Sensor Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Recent Developments:
The companies are adopting several strategies, such as collaborations, partnerships, mergers & acquisitions, and new product developments in the global Advanced Driver Assistance System market. A few recent key market developments are listed below:
- In 2023, Continental and Ambarella partnered to develop AI-based end-to-end hardware and software solutions.
- In 2023, General Motors launched driver assistance technology, Ultra Cruise. Ultra Cruise monitors the driver's head position and eyes coordinated to the road using a combination of cameras, short- and long-range radars, LiDAR behind the windshield, an all-new processing system, and a driver attentiveness system.