Advanced Driver Assistance Systems Market

The Advanced Driver Assistance Systems (ADAS) market consists of technologies designed to assist drivers, forming the foundational components for autonomous vehicles. Key customers are automotive original equipment manufacturers (OEMs) and the aftermarket for a range of vehicles including passenger cars, trucks, and buses. Growth is primarily driven by the increasing adoption of autonomous vehicles, the integration of cloud and vehicle-to-everything (V2X) communication, and government regulations mandating advanced safety features.

CAGR

9.5%

Compound Annual Growth Rate

Current Value

$43.0B

Estimated 2026

Projected Value

$88.9B

By 2034

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