Global Semi Autonomous And Autonomous Vehicle Market Trends

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Global Semi Trends

  • Automotive
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

“Growing Adoption of Advanced Driver Assistance Systems (ADAS)”

  • The integration of ADAS features, such as Adaptive Cruise Control, Lane Assist, and Automatic Emergency Braking, is driving demand for semi-autonomous vehicles, particularly in Level 1 and Level 2 automation
  • These features enhance driver safety and convenience, appealing to consumers in urban areas with heavy traffic, such as in the U.S. and Japan
  • Automakers such as Toyota and Volvo are embedding advanced ADAS in their mid-range and premium models, boosting market penetration
    • For instance, Tesla’s Full Self-Driving (FSD) suite includes advanced ADAS capabilities, positioning it as a leader in semi-autonomous technology
  • The rise of electric vehicles (EVs) with integrated ADAS, such as those from Rivian and BYD, is further accelerating adoption due to synergies with autonomous driving systems
  • Dealerships are increasingly offering ADAS-equipped vehicles as standard or optional packages, especially in North America and Europe