Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
ADAS Sales to Achieve 69.4 Million Units by 2025 in China
* Required Fields
Pay by invoice
In 2017, the Advanced Driver Assistance System (ADAS) market for passenger cars recorded 15.5 million in unit sales. The market is expected to experience rapid growth at a compound annual growth rate (CAGR) of 20.6% during 2017–2025. Sales volumes are likely to increase to 69.4 million units in 2025.As an emerging market, the ADAS market for passenger cars in China had a penetration rate of 10% in 2017. Currently, most ADAS features are warning-based applications. The limited involvement of domestic suppliers and moderate-to-high ADAS costs are lowering market adoption in China.The China—New Car Assessment Program (C–NCAP) added the Automatic Emergency Braking (AEB) test with a score rating of 11%. This requirement is likely to accelerate ADAS product penetration and demand in China during the long term. Global ADAS suppliers have a strong collaboration with global automotive OEMs. For instance, the ADAS market for passenger cars in China was dominated by Robert Bosch AG, Continental AG, and Denso, with a combined market share of 62.6% in 2017. Thus, Yatai APG and Suzhou INVO Automotive Electronics Co., Ltd., (Invo) are the key domestic ADAS suppliers in China leading with a share of 7.2%, jointly.Key ADAS products are adopted by foreign automotive OEMs such as Audi AG, BMW AG and Mercedes-Benz. Domestically, Chinese automotive OEMs have started ADAS penetration. For example, Great Wall Motors and Geely Auto are offering ADAS product installation selection to buyers. This research service discusses the ADAS market for Chinese passenger cars. It evaluates the various market dynamics such as drivers and restraints, market share and competitive analysis. It also provides market forecasts and trends, supplier profiles, and growth opportunities. The study closes with conclusions and a future outlook.
The aim of this study is to research and analyze the Advanced Driver Assistance System (ADAS) market in China. Applications include adaptive cruise control (ACC), blind spot detection (BSD), forward collision warning (FCW), lane departure warning (LDW), night vision (NV) and park assist (PA). The study presents the current scenario in the passenger car market and provides a forecast of ADAS sales up to 2025.
Key Issues Addressed
Author: Chan Ming Lih
Customer-centric Automotive Retail Strategies and Innovations Along the Customer Journey in Brazil, 2018–2023
ASEAN Automotive Outlook, 2019
Global Automotive Industry Outlook, 2019
United States Urban Public Transport Vehicles Market and Dealership Analysis, Forecast to 2022
Future of Sedans in North America, 2018
Future of Global Shared Driverless Shuttle Bus Market, Forecast to 2031
Strategic Analysis of the Pakistan Automotive Market, Forecast to 2025
Passenger Vehicle Growth Perspectives in Latin America, Forecast to 2023
Passenger Rail Connectivity Market in Europe and North America, Forecast to 2025
Key Insights into the Nordic Passenger Vehicle Market, Forecast to 2025
smart grid market
fleet management market
wireless charging market
residential solar market
flexible packaging market
artificial lift market
solar panel market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.