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Tag Archives: Global Advanced Driver Assistance Systems

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ADAS Market to Exceed $90B by 2020

News Ticker, News WireBy News DeskJanuary 26, 2015Leave a comment

Market research firm ABI Research forecasts that the market for Advanced Driver Assistance Systems (ADAS) will grow from US$11.1 billion in 2014 to US$91.9 billion by 2020, passing the US$200 billion mark by 2024. ADAS packages have long been available as optional extras on luxury and executive vehicles, but recent years have seen the more…

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