The Asia Pacific will dominate the ADAS Market is projected to reach 297 million units by 2030
The Asia Pacific ADAS Market is expected to grow from 122 million units in 2024 to 297 million units by 2030 at a CAGR of 16.0%. The Asia Pacific region is led by China followed by Japan and South Korea. The ADAS penetration in China was 32-38% in 2024 and set to cross 95% by 2030. Leading automakers in the region, such as BYD, Toyota, Honda, Hyundai, and Kia leverage the advantages of safety systems...
Connected Car Market Size Expected to Boom by 2030
The Connected Car Market Size is projected to reach $26.4 billion by 2030, driven by increasing demand for advanced in-car connectivity solutions and the growing adoption of smart vehicles. This rapid market growth is fueled by advancements in telematics, vehicle-to-everything (V2X) communication, and infotainment systems. As consumers demand more seamless and integrated driving experiences, automakers...