Automotive

The Chinese automotive market is likely to shift into a higher intelligence level by 2025. The L1 and L2 autonomous vehicles are currently available in the market, with a total sales of 0.3 million units in 2018. Going forward, the market is likely to experience a positive compound annual growth rate (CAGR) of 28.4%, reaching 1.5 million unit shipm...

Frost & Sullivan's research service on the regulatory framework towards autonomous driving in heavy-duty truck provides detailed market and technology trends, challenges, and forecasts from 2017 to 2025 at a global level. The study identifies and analyzes the key goals and progression needed to realize autonomous semi-trucks by 2025. It outlines th...

Once in a while, a new market participant will emerge in an industry and disrupt its technological and business landscape entirely. In the automobile industry, the entry of Tesla created this dramatic shift and began to transform the sector. Tesla’s fully self-reliant business model has disrupted conventional ways of doing business, as traditiona...

The autonomous driving (AD) market in Japan experienced strong growth in 2016 with the first AD-Level 2 commercialized in passenger car market. The Japanese automotive market is now declining in terms of new vehicle sales due to depopulation, demotorization, and an aging society, especially in urban areas. As countermeasures against these this decl...

Regional economic integration, free trade agreements, e-Commerce, and digitalization are some of the key drivers expected to transform the logistics industry in the South East Asian region. With high growth projected for Indonesia, Thailand, Vietnam, and the Philippines, trade and domestic demand growth will drive the growth of the transportation a...

The global automotive product to service market will be driven by mobility, connected services, and value-added upgrades. New business model disruptions are expected and they will extend the automotive service revenue pool up to $ 1.3 trillion. Car companies are evolving from the business of merely manufacturing and selling cars, to providing relat...

19 May 2017  |  Asia Pacific  |  Market Research

Strategic Analysis of Autonomous Cars in China, 2010–2025

Autonomous Cars Likely to be Commercialized among OEMs in China by 2030

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China is the largest passenger vehicle marketplace in term of sales and production volume in the world. Strong capitalization and the fast-growing automotive industry in China are likely to create high development opportunities in the global autonomous car market. The Chinese automotive industry is moving into autonomous car development. It is at t...