Frequently Asked Questions
Major automakers have halted production in infected regions owing to the COVID-19 pandemic. Original equipment manufacturers have phased out the production of major facilities as the decline in vehicle demand and problems with the supply of automotive components.
North America accounted for the most heightened share in the global advanced driver assistance systems (ADAS) market.
The growing consumer preference for comfort and safety features and the rising demand for luxury and premium vehicles are driving the growth of the advanced driver assistance systems (ADAS) market. Government initiatives to improve passenger safety and falling system and component costs are also anticipated to increase demand for the ADAS market during the forecast period.
The radar sensors segment had a major global market share in 2021.
In 2021, the passenger car segment had a major global market share.