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DUBLIN–(BUSINESS WIRE)–Oct 13, 2020–
The “Automotive ADAS Market in China 2020-2024” report has been added to ResearchAndMarkets.com’s offering.
The automotive ADAS market in China is poised to grow by $ 2.30 billion during 2020-2024 progressing at a CAGR of 14% during the forecast period.
The 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.
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.
The research 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.
This 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.
Key Topics Covered:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Passenger cars – Market size and forecast 2019-2024
- Commercial vehicles – Market size and forecast 2019-2024
- Market opportunity by Application
Market Segmentation by Technology
- Market segments
- Comparison by Technology
- BSD – Market size and forecast 2019-2024
- PAS – Market size and forecast 2019-2024
- DMS – Market size and forecast 2019-2024
- FCW – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Technology
- Volume drivers – Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Aptiv Plc
- Continental AG
- DENSO Corp.
- Hyundai Mobis Co. Ltd.
- Intel Corp.
- Magna International Inc.
- Robert Bosch GmbH
- Valeo SA
- Veoneer Inc.
- ZF Friedrichshafen AG
For more information about this report visit https://www.researchandmarkets.com/r/dbzzl4
View source version on businesswire.com:https://www.businesswire.com/news/home/20201013005927/en/
Laura Wood, Senior Press Manager
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KEYWORD: CHINA ASIA PACIFIC
INDUSTRY KEYWORD: GENERAL AUTOMOTIVE AUTOMOTIVE MANUFACTURING MANUFACTURING AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 10/13/2020 12:18 PM/DISC: 10/13/2020 12:18 PM