In a recent report, Technavio highlighted the top five suppliers in China's automotive Advanced Driver Assistance Systems (ADAS) market. According to the analysis, by 2021, Bosch, Continental, Delphi Automotive, DENSO, and Mobileye were expected to dominate this rapidly growing sector. These companies are leading the charge in providing ADAS technologies to original equipment manufacturers (OEMs), driven by increasing demand for safer vehicles.
Technavio’s research indicated that the Chinese ADAS market is projected to grow at a robust compound annual growth rate of nearly 35% from 2017 to 2021. This growth is fueled by a small number of established players who have already developed mature ADAS solutions for OEMs. As vehicle safety regulations become stricter and consumer awareness of safety features increases, competition in the market is expected to intensify.
A key driver of this growth is the implementation of the C-NCAP 2018 program by the Chinese government, which is anticipated to push automakers to integrate more advanced safety systems into their vehicles. Additionally, the requirement that all new cars must include ADAS systems by 2018 has further accelerated market expansion.
Bosch, Continental, Delphi Automotive, DENSO, Mobileye, and Valeo are among the primary suppliers in the Chinese ADAS market. These companies have made significant investments in R&D to reduce ADAS costs and improve adoption rates across different vehicle segments.
Ganesh Subramaniam, chief analyst at Technavio’s automotive electronics market division, emphasized that the Chinese market holds immense potential and remains largely untapped. He noted that government support plays a crucial role in shaping the automotive industry. With advancements in sensor and camera technology, future ADAS components are expected to operate with near-zero error, significantly enhancing road safety.
The following major suppliers are identified in the report:
**Bosch**
Bosch is a global leader in automotive parts, offering a wide range of products such as brakes, control devices, electric drives, electronic systems, fuel systems, generators, and steering systems. The company operates through four business units: Mobility Solutions, Industrial Technology, Consumer Products, and Energy and Building Technology.
**Continental**
Based in Hanover, Germany, Continental is a leading automotive supplier specializing in tires, brake systems, automotive safety, powertrain, and chassis components. The company is organized into five divisions: Chassis & Safety, Powertrain, Interiors, Tires, and ContiTech Technology.
**Delphi Automotive**
Delphi provides innovative solutions for both passenger and commercial vehicles, focusing on safety, environmental sustainability, and cost efficiency. Its business units include Electrical/Electronic Architecture, Powertrain Systems, Electronics & Safety, and Thermal Systems.
**DENSO**
As one of the largest automotive component suppliers, DENSO specializes in advanced automotive technologies, systems, and components. It operates through two main business units: Automotive, Industrial, and Consumer Goods. DENSO also has a strong presence in the EMS market.
**Mobileye**
Mobileye is renowned for its vision-based ADAS systems that help prevent accidents and reduce injuries. The company's EyeQ chip saw a significant increase in sales, rising from 182,000 units in 2010 to 4.4 million units in 2015.
**Valeo**
Valeo is a global supplier of automotive systems and components, working closely with major automakers. The company focuses on developing smart and sustainable solutions aimed at reducing carbon emissions and improving vehicle performance.
With continued technological innovation and regulatory support, the Chinese ADAS market is set to become one of the most dynamic and competitive in the world.
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