By 2023, the advanced driver assistance systems (ADAS) industry is expected to be worth between 3.1 and 3.2 billion U.S. dollars across the Latin American region. ADAS technologies include anti-lock braking systems and navigation systems. The ADAS market in Latin America is one of the fastest growing in the world, due in part to currently low rates of market penetration.
Size of the ADAS market in Latin America between 2015 and 2023
(in billion U.S. dollars)
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Market size in billion U.S. dolars
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Netscribes. (December 1, 2020). Size of the ADAS market in Latin America between 2015 and 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1198584/latin-america-adas-market-size/
Netscribes. "Size of the ADAS market in Latin America between 2015 and 2023 (in billion U.S. dollars)." Chart. December 1, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1198584/latin-america-adas-market-size/
Netscribes. (2020). Size of the ADAS market in Latin America between 2015 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1198584/latin-america-adas-market-size/
Netscribes. "Size of The Adas Market in Latin America between 2015 and 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Dec 2020, https://www.statista.com/statistics/1198584/latin-america-adas-market-size/
Netscribes, Size of the ADAS market in Latin America between 2015 and 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1198584/latin-america-adas-market-size/ (last visited July 22, 2024)
Size of the ADAS market in Latin America between 2015 and 2023 (in billion U.S. dollars) [Graph], Netscribes, December 1, 2020. [Online]. Available: https://www.statista.com/statistics/1198584/latin-america-adas-market-size/