UK Markets open in 1 hr 11 mins
  • NIKKEI 225

    -200.31 (-0.67%)

    +122.40 (+0.51%)

    -9.80 (-0.55%)
  • DOW

    +338.48 (+1.00%)

    -1,297.83 (-4.02%)
  • CMC Crypto 200

    +49.07 (+4.72%)
  • Nasdaq

    +150.45 (+1.02%)
  • ^FTAS

    +52.80 (+1.31%)

Global L2+ Advanced Driver Assistance System (ADAS) Growth Opportunities

·1-min read

The automotive industry value chain is transitioning from its traditional pyramidal form to one that is flat. Technology companies work with original equipment manufacturers (OEMs) and tiered suppliers to develop, validate, supply, and integrate advanced driver-assist technologies to enhance the comfort and convenience of the driver in the vehicle.

New York, Aug. 30, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Global L2+ Advanced Driver Assistance System (ADAS) Growth Opportunities" -
The L2 advanced driver assistance system (ADAS) market was initially driven by emerging OEMs offering features such as hands-off highway driving assist systems in the US market. The competitive intensity has compelled traditional OEMs to introduce ADAS features by offering hands-off driving features in their L2+ vehicles. The L2 ADAS market is currently driven by premium and mass-market OEMs, especially their expensive and flagship vehicles that feature ADAS systems such as adaptive cruise control (ACC) and lane-keep assist (LKA). These offerings are expected to be updated to L2+ hands-free assists over the three to five years.This study of the global L2+ market highlights its technology and competitive landscapes. This study also includes analyses of the market’s business models, product strategies, and growth opportunities, with forecasts until 2025.
Author: Varun Krishna Murthy
Read the full report:

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.


CONTACT: Clare: US: (339)-368-6001 Intl: +1 339-368-6001

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting