Automotive ADAS Market in China 2020-2024
Automotive ADAS Market in China 2020-2024
Researcher has been monitoring the automotive ADAS market in China and it is poised to grow by $ 2.30 billion during 2020-2024 progressing at a CAGR of 14% during the forecast period. Our reports on automotive ADAS market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current china market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing importance of crash test and NCAP ratings, declining price of sensors is making automotive ADAS products affordable and growth of automotive industry in China. In addition, growing importance of crash test and NCAP ratings is anticipated to boost the growth of the market as well.
The automotive ADAS market in China market analysis include segments.1.
Researcher's automotive ADAS market in China is segmented as below:
By Technology
• BSD
• PAS
• DMS
• FCW
• Others
• Passenger cars
• Commercial vehicles
This study identifies the growing development of AI-enabled adas solutions as one of the prime reasons driving the automotive ADAS market in China growth during the next few years. Also, integration of map contents in ADAS technologies and adoption of V2X technology to enhance ADAS performance will lead to sizable demand in the market.
"Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive ADAS market in China covers the following areas:
• Automotive ADAS market in China sizing
• Automotive ADAS market in China forecast
• Automotive ADAS market in China industry analysis"
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive ADAS market in China vendors that include Aptiv Plc, Continental AG, DENSO Corp., Hyundai Mobis Co. Ltd., Intel Corp., Magna International Inc., Robert Bosch GmbH, Valeo SA, Veoneer Inc., and ZF Friedrichshafen AG. Also, the automotive ADAS market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Researcher has been monitoring the automotive ADAS market in China and it is poised to grow by $ 2.30 billion during 2020-2024 progressing at a CAGR of 14% during the forecast period. Our reports on automotive ADAS market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current china market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing importance of crash test and NCAP ratings, declining price of sensors is making automotive ADAS products affordable and growth of automotive industry in China. In addition, growing importance of crash test and NCAP ratings is anticipated to boost the growth of the market as well.
The automotive ADAS market in China market analysis include segments.1.
Researcher's automotive ADAS market in China is segmented as below:
By Technology
• BSD
• PAS
• DMS
• FCW
• Others
By Application
• Passenger cars
• Commercial vehicles
This study identifies the growing development of AI-enabled adas solutions as one of the prime reasons driving the automotive ADAS market in China growth during the next few years. Also, integration of map contents in ADAS technologies and adoption of V2X technology to enhance ADAS performance will lead to sizable demand in the market.
"Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive ADAS market in China covers the following areas:
• Automotive ADAS market in China sizing
• Automotive ADAS market in China forecast
• Automotive ADAS market in China industry analysis"
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive ADAS market in China vendors that include Aptiv Plc, Continental AG, DENSO Corp., Hyundai Mobis Co. Ltd., Intel Corp., Magna International Inc., Robert Bosch GmbH, Valeo SA, Veoneer Inc., and ZF Friedrichshafen AG. Also, the automotive ADAS market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
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