As the automotive industry continues to evolve, the role of regulation in shaping the landscape of Advanced Driver Assistance Systems (ADAS) has become increasingly significant. With the introduction of new regulations such as the General Safety Regulation (GSR) II, set to commence in July 2024, mandatory ADAS features will become a standard requirement for new vehicles.
The European automotive industry stands as one of the most heavily regulated sectors, navigating through a complex web of over 150 EU regulations and 30 directives. In this intricate regulatory environment, collaboration between industry and regulators is paramount to ensure coherence and competitiveness on a global scale.
Sigrid de Vries, Director General of the European Automobile Manufacturers’ Association (ACEA), highlights the industry’s commitment to smarter regulation in the pursuit of a greener, more competitive future. Rather than drowning in a sea of legislation, the focus is on streamlining regulations to unlock the industry’s full potential, particularly in the development and implementation of Advanced Driver Assistance Systems (ADAS).
As the automotive industry prepares for the implementation of GSR II and the mandatory inclusion of ADAS technologies, collaboration between regulators, manufacturers, and other stakeholders will be essential. By working together, they can ensure that the transition is smooth and that the benefits of ADAS technologies are maximized for all road users.
Additionally, according to the report on the Global Advanced Driver Assistance System (ADAS) Market by ResearchAndMarkets.com, the industry is projected to reach $60.1 billion by 2028. This surge is attributed to the widespread adoption of advanced safety features in vehicles, underscoring the pivotal role of ADAS technologies in shaping the future of automotive innovation and competitiveness.
While the implementation of mandatory ADAS technologies may initially impact vehicle costs, there is optimism that over time, as technology advances and economies of scale are realized, the costs associated with ADAS systems will decrease. As with any new technology, initial costs are often higher, but as adoption increases and manufacturing processes improve, prices tend to become more accessible.
This transition to mandatory ADAS features underscores the industry’s commitment to innovation and safety. By aligning regulatory requirements with technological advancements, regulators and industry stakeholders are working together to create a safer, more sustainable future for mobility.
