Philip Floyd, senior engineering technician for the Insurance Institute for Highway Safety (IIHS), demonstrates a front crash prevention test on a 2018 Tesla Model 3 at the IIHS-HLDI Vehicle Research Center in Ruckersville, Virginia, U.S., July 22, 2019. REUTERS/Amanda Voisard
RUCKERSVILLE, Virginia: Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control.
The global market for advanced driver assistance systems, known in the industry as ADAS, is expected to reach more than US$67bil (RM276bil) by 2025, growing more than 10% each year. A group of 20 carmakers has pledged to outfit almost every new vehicle with forward collision warning and city-speed automatic emergency braking by 2020.
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