Global Automotive ADAS Sensor Market Outlook & Forecast 2023-2024 and 2029: High Demand for Safety Features and Rising Demand for Luxury Vehicles Propelling Growth - ResearchAndMarkets.com
The global automotive ADAS sensors market is characterized by a high degree of fragmentation, featuring numerous local and international players.
- The global automotive ADAS sensors market is characterized by a high degree of fragmentation, featuring numerous local and international players.
- APAC holds the largest global automotive ADAS sensors market share, accounting for over 38% in 2023.
- The integration of automotive ADAS sensors has been pivotal in enhancing these vehicles' performance, safety, and features.
- Several factors contribute to the growing demand for ACC in the global automotive ADAS sensors market, including a high focus on road safety.