Brake Override System Market Advances ADAS Technology
October 25, 2019—The global automotive brake override system market is expected to post a CAGR of more than 4 percent during the period 2019-2023.
Electric vehicle (EV) manufacturers are integrating advanced technologies to improve the safety and performance of their vehicles. For example, EV original equipment manufacturers (OEMs) are increasingly integrating brake override systems to enhance safety and vehicle efficiency. Factors such as the rising awareness about vehicle emission, expanding EV charging infrastructure, and stringent government regulations are driving the adoption of battery electric vehicles (BEVs). With the growing adoption of BEVs, the market is expected to witness a surge in the demand for brake override systems during the forecast period.
As per Technavio, advances in advanced driver-assistance systems (ADAS) technology will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.