Rising ADAS Adoption Fuels Automotive Adaptive Cruise Control Market Growth
The global automotive adaptive cruise control market was valued at USD 5.1 billion in 2022 and is projected to reach USD 8.4 billion by 2031, expanding at a CAGR of 5.4% from 2023 to 2031, driven by rising demand for advanced driver assistance systems, improved vehicle safety features, and increasing adoption of autonomous and semi-autonomous vehicles. Increase in...
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