BIS Research - Emerging Technology Market Intelligence

ADAS and Autonomous Driving Components Gaining Momentum with the Rise in the Number of ADAS Vehicles

Oct 11, 2017 7:18:30 AM / by BIS Research posted in adas market analysis, adas market forecast, ADAS Market, ADAS market size, adas system, advanced driver assistance system, advanced driver assistance systems market, autonomous driving market size, Automotive, Autonomous Driving Components Market, global adas market

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The technological advancements in the automotive industry are increasing in number with every step towards the future. The consumer preference is rapidly shifting towards products that provide luxury, safety, and comfort. Advanced Driver Assist Systems (ADAS) has gained traction over the last 2-3 years, with the European Union and the United States making it mandatory for all the vehicles in the respective regions to be equipped with autonomous emergency-braking systems and forward-collision warning systems by 2020. Governments of developed economies are focusing on crash avoidance rather than crash survival, hence, stringent regulations are being made to tackle the rising number of accidents.

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