Automotive And Transportation

The increasing demand for a safe, efficient, and convenient driving experience as well as the rising demand for luxury vehicles across the globe are the key factors driving the growth of the global ADAS market. Furthermore, government regulations that aim to minimize road accidents and loss of passenger lives, is favoring the market’s growth.

United States (US) electric commercial vehicles market is characterized by the growing environmental sustainability movement, government subsidies for electric vehicle adoption, and the growing concern for carbon emissions caused by gasoline vehicles.