Advanced Driver Assistance System Market Share Worldwide Industry Growth, Size, Statistics, Opportunities & Forecasts to 2024
Europe ADAS market will witness CAGR over 14% up to 2024. Government regulations mandating installation of safety systems in vehicles will support the industry growth. Institutional initiatives including Euro NCAP to promote driving assistance systems will drive the product penetration. In addition, presence of key automobile manufacturers provides a positive outlook for the regional demand.
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