I. Development Status of ADAS Industry
At present, the ADAS industry is booming around the world. The development of foreign enterprises in this field is relatively mature, and there are a number of well-known enterprises such as Bosch, Continental and Delphi. They have made remarkable achievements in ADAS technology research and development, product innovation and marketing. At the same time, local ADAS enterprises in China are gradually emerging. Although a large-scale enterprise group has not yet been formed, the scale of enterprises is gradually taking shape, laying a solid foundation for the development of the industry.
Second, the market size and growth potential of ADAS.
In recent years, with the improvement of consumers' requirements for automobile safety performance and the support of policies for intelligent driving technology, the market scale of ADAS has shown a rapid growth trend. In 2020, the market size of China ADAS industry has reached 84.4 billion yuan, which is already considerable. It is predicted that the market scale of ADAS will continue to grow rapidly in the next few years with the technological progress and the increasing market demand. It is predicted that by 2025, the market size of China ADAS industry is expected to reach 225 billion yuan, showing great growth potential.
Third, the progress and innovation of ADAS technology.
The development of ADAS technology is inseparable from the continuous innovation of key technologies such as sensors, algorithms and data processing. At present, radar, camera, lidar and other sensor technologies are relatively mature, which provide ADAS with rich environmental awareness information. At the same time, the development of deep learning, computer vision and other algorithms has greatly improved the intelligent level of ADAS system, enabling the system to better identify and deal with various complex driving scenes. In addition, with the popularization of communication technologies such as 5G and V2X, ADAS system can realize real-time communication with other vehicles and infrastructure, further improving road safety performance.
Fourth, the future development trend of ADAS industry
Looking forward to the future, ADAS industry will continue to maintain a rapid development trend. On the one hand, with the continuous progress of technology, the intelligent level of ADAS system will continue to improve, which can better meet the needs of consumers for automobile safety performance. On the other hand, with the expansion of market scale and the intensification of market competition, ADAS enterprises will continue to increase R&D investment and promote product innovation and technological upgrading. In addition, with the popularization and application of new generation information technologies such as 5G and Internet of Things, ADAS system will be deeply integrated with more fields to form richer application scenarios.