ADAS Market Size on the Rise, Research Group Says

A Global Market Insights (GMI) report supports what many auto glass replacement technicians have already observed: the Advanced Driver Assistance Systems (ADAS) market is on the rise.

GMI said the ADAS Market size was worth $38.1 billion in 2023. The organization projects it will register a compound annual growth rate (CAGR) of 17% between 2024 and 2032.

GMI largely credits more affordable ADAS technology for the market growth since it makes vehicles with ADAS capabilities accessible to a broader consumer market. GMI says the growing popularity of electric vehicles (EVs), which frequently incorporate ADAS technology, also contributes to market growth.

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