Market for ADAS grows though drawbacks remain

On Behalf of | Jul 28, 2020 | Personal Injury

Texas drivers, especially those who own a newer vehicle, are no doubt familiar with advanced driver-assistance systems, or ADAS. These systems alert drivers to an impending crash and, in the event that drivers do not react in time, apply the brakes automatically. Studies have shown the positive effects of having collision warning and automatic emergency braking engaged.

In general, vehicles with ADAS are involved in 27% fewer bodily injury claims and 19% fewer property damage claims according to LexisNexis Risk Solutions. More people are catching on to the safety benefits because the global market for ADAS is growing. From $27 billion in 2020, it will likely reach $83 billion by 2030, says the market research firm MarketsandMarkets.

ADAS can come with many features. Adaptive cruise control keeps drivers safe by preventing tailgating while lane departure warning, beneficial for drowsy or distracted drivers, helps avoid lane drifting. The system can also detect cars in blind spots and tell drivers about upcoming traffic signs.

Still, there are some flaws with ADAS. The automatic braking may kick in at the wrong times, for example. Many drivers are hesitant about adding ADAS, too, because of the high cost and because most auto insurers are not planning to offer discounts for ADAS vehicles anytime soon.

Another thing to keep in mind is that ADAS can indirectly contribute to car accidents by lulling drivers into a false sense of security. ADAS can only assist drivers, not replace them, but some drivers lose sight of this. In any event, those who are injured at the hands of a negligent driver, even one who had the ADAS engaged, may be able to file a claim. Hiring a lawyer may be beneficial, particularly during the negotiation stage.