Research and Markets: Global & Chinese Advanced Driver Assist Systems (ADAS) Industry 2015
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/c69xbj/global_and) has announced the addition of the “Global & Chinese Advanced Driver Assist Systems (ADAS) Industry – 2015” report to their offering.
The global market for advanced driver assistance systems has grown substantially in recent years, the market size has grown from USD 1.05 billion in 2010 to about 4.3 billion in 2014.
Currently most major ADAS technologies attracting less than 10% penetration rates, but in the near future, park assist system (PAS), lane departure warning system (LDWS) and Blind-Spot Detection (BSD) would be the first three ADAS applications to reach more than 10% penetration rates. In terms of different areas, in 2014 the largest penetration rates of ADAS was still in Europe with a penetration rates around 9.86%.
Globally ADAS manufacturers concentrated in Europe, America and Taiwan. Denso, Delphi, Bosch and Continental are the leaders in this market. Leading manufacturers mainly invest in ACC and BSD, and Hella spend the most on BSD. In 2014, Continental ranked 1st in the global ADAS market with a market share over 17%.
The before market of Chinese ADAS market rose just in recent years. Currently all major automobile companies have models equipped with ADAS. Most of the automobile joint ventures in China still using foreign companies’ mature technologies. In 2014, the market size of Chinese ADAS market was about USD 1200 million, and LCA and PAS obtained the highest configuration rate.
In recent years some traditional automotive electronics manufacturers in China have introduced their own ADAS products, but most of these products were aim at aftermarket, only 4 of them entered the before market. INVO Automotive Electronics is a leading ADAS manufacturer in China. More than 60% of its revenue comes from LDW & anti-collision products. INVO is the LDW supplier of Changan Automobile and BAIC Motor and the Panorama Assist supplier of GAC Group.
Key Topics Covered:
1.1 Overview of ADAS
1.2 Correlative Regulations Worldwide
1.3 Major ADAS Systems
1.4 ADAS: mid-term outlook
2. Global ADAS Market
2.1 Market Situation
2.3 Worldwide ADAS Development
3 Chinese ADAS Market
3.1 Development of ADAS in China
3.1.1 Development History
3.1.2 Advantages of Local Manufacturers
3.1.3 Industry Chain
3.2 Market Situation
4. Major ADAS Companies Worldwide
4.7 Continental AG
4.8 Robert Bosch
5. Chinese ADAS Manufacturers
5.1 INVO Automotive Electronics
5.3 Hirain Technologies
5.4 Jinheng Automotive Safety System
For more information visit http://www.researchandmarkets.com/research/c69xbj/global_and
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Sector: Telematics and Vehicle Electronics