I, ADAS industry development status
At present, the ADAS industry in the global context presents a booming trend. Foreign companies in the field of development is more mature, with a number of well-known companies such as Bosch, Continental, Delphi, etc., they have achieved significant results in ADAS technology research and development, product innovation and marketing. At the same time, China's local ADAS enterprises are also gradually emerging, although not yet formed a large-scale enterprise groups, but the scale of the enterprise is gradually formed, laying a solid foundation for the development of the industry.
Two, ADAS market size and growth potential
In recent years, with the improvement of consumers' requirements for automobile safety performance and policy support for intelligent driving technology, the ADAS market scale has shown rapid growth. 2020, China's ADAS industry market size reached 84.4 billion yuan, which is already a considerable figure. It is expected that in the next few years, with the continuous improvement of technological progress and market demand, the ADAS market size will continue to maintain high growth. It is predicted that by 2025, the market size of China's ADAS industry is expected to reach 225 billion yuan, showing great growth potential.
Three, ADAS technology progress and innovation
The development of ADAS technology can not be separated from the continuous innovation of sensors, algorithms, data processing and other key technologies. At present, radar, camera, LiDAR and other sensor technologies have been relatively mature, providing rich environment perception information for ADAS. At the same time, the development of deep learning, computer vision and other algorithms has also greatly improved the level of intelligence of the ADAS system, enabling the system to better recognize and respond to a variety of complex driving scenarios. In addition, with the popularization of 5G, V2X and other communication technologies, ADAS systems can also realize real-time communication with other vehicles and infrastructure, further enhancing road safety performance.
Four, the ADAS industry's future development trend
Looking to the future, the ADAS industry will continue to maintain a rapid development trend. On the one hand, with the continuous progress of technology, the level of intelligence of the ADAS system will continue to improve, and can better meet the needs of consumers for automotive safety performance. On the other hand, with the expansion of the market scale and the intensification of market competition, ADAS enterprises will also continue to increase R&D investment to promote product innovation and technology upgrading. In addition, with the popularization and application of new-generation information technology such as 5G and Internet of Things, ADAS systems will be y integrated with more fields to form richer application scenarios.