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13 Aug 2014 | Asia Pacific | Market Research
Analysis of the Chinese Market for Passenger Car Advanced Driver Assistance Systems
Strong Potential with Market Revenue Expected to Grow Fivefold by 2020
Despite being the largest automotive market in the world, the ADAS market is in its nascent stage in China with most major ADAS technologies attracting less than 10% penetration rates in the market. However, the future looks positive with clear market potential with the regional ADAS market expected to grow six fold in revenue by 2020. Vehicle safe...
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