The Asia-Pacific is the fastest growing regional market for advanced driver assistance systems (ADAS). In 2020, the market for the whole region was worth an estimated 4.3 billion U.S. dollars. By 2023, this number will more than double to some 9.7 billion U.S. dollars. The market growth is driven by an increased level of vehicle automation in some of the world's largest passenger car markets.
Size of the ADAS market in the Asia-Pacific between 2015 and 2023
(in billion U.S. dollars)
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Netscribes. (December 1, 2020). Size of the ADAS market in the Asia-Pacific between 2015 and 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1198574/asian-adas-market-size/
Netscribes. "Size of the ADAS market in the Asia-Pacific between 2015 and 2023 (in billion U.S. dollars)." Chart. December 1, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1198574/asian-adas-market-size/
Netscribes. (2020). Size of the ADAS market in the Asia-Pacific between 2015 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1198574/asian-adas-market-size/
Netscribes. "Size of The Adas Market in The Asia-pacific between 2015 and 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Dec 2020, https://www.statista.com/statistics/1198574/asian-adas-market-size/
Netscribes, Size of the ADAS market in the Asia-Pacific between 2015 and 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1198574/asian-adas-market-size/ (last visited November 21, 2024)
Size of the ADAS market in the Asia-Pacific between 2015 and 2023 (in billion U.S. dollars) [Graph], Netscribes, December 1, 2020. [Online]. Available: https://www.statista.com/statistics/1198574/asian-adas-market-size/