Advanced Driver Assistance Systems Stocks List

Related ETFs - A few ETFs which own one or more of the above listed Advanced Driver Assistance Systems stocks.

Advanced Driver Assistance Systems

An advanced driver-assistance system (ADAS) is any of a groups of electronic technologies that assist drivers in driving and parking functions. Through a safe human-machine interface, ADAS increase car and road safety. ADAS use automated technology, such as sensors and cameras, to detect nearby obstacles or driver errors, and respond accordingly. ADAS can enable various levels of autonomous driving, depending on the features installed in the car.
As most road crashes occur due to human error, ADAS are developed to automate, adapt, and enhance vehicle technology for safety and better driving. ADAS are proven to reduce road fatalities by minimizing human error. Safety features are designed to avoid crashes and collisions by offering technologies that alert the driver to problems, implementing safeguards, and taking control of the vehicle if necessary. Adaptive features may automate lighting, provide adaptive cruise control, assist in avoiding collisions, incorporate satellite navigation and traffic warnings, alert drivers to possible obstacles, assist in lane departure and lane centering, provide navigational assistance through smartphones, and provide other features.According to a 2021 research report from Canalys, approximately 33 percent of new vehicles sold in the United States, Europe, Japan, and China had ADAS features. The firm also predicted that fifty percent of all automobiles on the road by the year 2030 would be ADAS-enabled.

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