Electronic enthusiasts 'news [compilation / David]: In view of the rapid increase of Chinese customers' demand for automobile convenience and safety, the Chinese automotive ADAS (Advanced Driver Assistance System) market will soar from US $ 970 million in 2013 to US $ 31 The capacity has more than tripled, optimistic about the prospect market trend.
Turning our attention to the current market, although looking at the vast majority of current ADAS products, the installed capacity of automobiles in China is still very low. In fact, the application and promotion of ADAS has been suppressed by high costs. At present, it is only emerging in China's luxury car and lightweight high-end car camps.
Forecast of China's ADAS market profit growth rate
Nevertheless, most ADAS-related manufacturers still have high hopes for the Chinese auto market. Some analysts also pointed out that in 2019, regardless of the shipment volume or the actual installed number of ADAS, the Chinese auto market is expected to achieve a double harvest.
ADAS conforms to the future trend of automobile development. As consumers and car manufacturers continue to increase their awareness of safe driving, navigation system control, blind spot recognition, and automatic parking systems are expected to be the first to be popularized.
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