October 24, 2020

Automotive ADAS Market in China Will Showcase Negative Impact During 2020-2024 | Growing Importance of Crash Test and NCAP Ratings to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive advanced driver assistance system (ADAS) market in China and it is poised to grow by $ 2.30 billion during 2020-2024, progressing at a CAGR of about 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aptiv Plc, Continental AG,

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