Narrative: 2025 Q1 Advanced Driver Assistance Systems 2022-2031
Explore the growing ADAS market, driven by legislation, NCAP standards, and industry demand, with a projected CAAGR of 11.8% from 2023 to 2028.
This Advanced Driver Assistance System (ADAS) market forecast shows strong growth, driven by legislation, NCAP regimes and an industry push towards more automated driving. The market for ADAS technologies is thus now expected to grow at a CAAGR of 11.8% over 2023 to 2028, with content-per-vehicle increases boosting demand significantly more than the growth in vehicle production. This Narrative looks at the key changes in this update, which have mainly been influenced by the underlying vehicle production forecast and identifies high growth areas, as well as some of the challenges that lie ahead due to architecture change.