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China Passenger Car ADAS Domain Controller Industry Report 2023: Master Chip Market Data and Supplier Research Report

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DUBLIN, Feb. 15, 2024 /PRNewswire/ — The “China Passenger Car ADAS Domain Controller,Master Chip Market Data and Supplier Research Report, 2023Q1” report has been added to ResearchAndMarkets.com’s offering.

Quarterly Report on ADAS Domain Controllers: L2+ and above ADAS Domain Controller Master Chip Market Structure

This report highlights the passenger car L2+ and above (including L2+, L2.5 and L2.9) ADAS domain controller market data, the ADAS domain controller master chip market data, the status quo and layout of major suppliers, the latest industry development trends, and the market size forecast for the next six quarters and the next five years.

In 2023Q1, the sales of passenger cars (excluding imported ones) equipped with L2+ and above autonomous driving functions hit 360,000 units in China, a like-on-like upsurge of 68.2%. These 360,000 L2+ and above cars carried a total of 656,000 ADAS master chips, of which: Tesla’s self-developed FSD chips swept 41.7%; Nvidia’s chips, most of which offer high computing power, were about 190,000 pieces, taking a 29.0% share.

According to expert interviews, this report also answers the following questions:

Currently what is the purchase price of a mainstream intelligent driving SoC and the domain controller based on this SoC?What are the advantages and disadvantages of the current mainstream ADAS SoCs?The average intelligent driving domain controller packs a functional safety chip. Examples include TC397 and TC497, and what is their respective approximate purchase price? Is there any Chinese product to replace the TC Family, and what is the approximate purchase price of the domestic product?Currently what is the proportion of the intelligent driving domain controller to the entire intelligent driving system (including sensor and decision systems and excluding the execution system)? What is the average proportion of the intelligent driving system to the cost of a vehicle?Tesla (as well as NIO, Huawei, etc.) insists on charging for the intelligent driving system, while the NOA system of Li Auto is free. Which one do you think represents the future trend?We see that there are still increasing high-compute chip companies trying to enter the intelligent driving chip market, such as Cambricon Singgo, Chipletgo (chiplet technology), Rhino, and Houmo.AI (the first computing in memory chip). Do you think they still have a market opportunity? If so, who do you prefer, and why?We have seen that leading high-compute chip companies like Qualcomm, Horizon Robotics and Nvidia have large software teams working on basic software and algorithms such as middleware, visual perception algorithm, driving and parking algorithms, and NOA algorithm, and they obviously squeeze the living space of conventional Tier 1 suppliers. ADAS Tier 1 suppliers also try to multiplex algorithms provided by mainstream chip companies in a bid to launch driving-parking integrated or NOA solutions as fast as they can. Will this blunt the competitive edges of ADAS Tier 1 suppliers?NIO, Xpeng and Li Auto independently develop intelligent driving domain controllers. Competitive OEMs like SAIC, Geely, Great Wall Motor, BYD and Chery all build their own autonomous driving team to self-develop intelligent driving domain controllers. Will this narrow the living space of Tier 1 suppliers engaged in intelligent driving domain controllers? How should intelligent driving Tier 1 suppliers respond?Which type of intelligent driving domain controller companies perform well at present, and what’s the reason? Please give an example.Which type of intelligent driving domain controller companies are unsuccessful in the business development, and what’s the reason? Please give an example.Some listed cockpit companies like ThunderSoft, Desay SV and Foryou have set up an autonomous driving department or branch, and also deploy cockpit-driving integration. What do you think of the intelligent driving domain controllers developed by them? Do you think they will gain an upper hand in the implementation of cockpit-driving integration?In the development of driving-parking integrated domain controllers (or cockpit-driving integrated domain controllers), OEMs split the task into two or more to suppliers, or some outsource it to one supplier. Which model do you prefer, and why?Single-chip driving-parking integrated domain controllers that can bring a lower cost are becoming an important direction. Do you think they can become mainstream, and why?Many driving-parking integrated domain controllers use the TDA4 and J3 combination. What is the purpose of this and what do they complement each other?Now cutting-edge autonomous driving companies have switched to BEV algorithms. What impact will it have on the design of autonomous driving domain controllers?It is said that quite a few start-ups have engineering difficulties in their driving-parking integrated domain controller projects. Although their products have been designated, they fail to achieve engineering implementation and mass production. What’s the main reason? Does this mean that ADAS companies without a Tier 1 background will face big challenges in OEM mass production even if they are proficient in algorithms? How to solve this problem?

Data Forecast and Trends

Trends and Dynamics

Current Purchase Prices of the Mainstream Intelligent Driving SoC and the Domain Controller Based on the SoCAdvantages and Disadvantages of Current Mainstream ADAS SoCsPurchase Price of Functional Safety Chips and Replacement of Foreign Products in ChinaMarket Opportunities for New High-compute ADAS Chip EntrantsWill the Living Space of Conventional ADAS Tier 1 Suppliers Be Squeezed by ADAS Chip Companies and OEMs?Which Type of ADAS Domain Controller Companies Perform WellWhich Type of ADAS Domain Controller Companies Fail to Develop the BusinessWhere Are the Opportunities for Listed Cockpit Companies to Deploy ADAS Domain ControllersThe Development Outsourcing Model for Driving-parking Integrated Domain Controllers (or Cockpit-driving Integrated Domain Controllers)What Impact BEV Algorithms Have on the Design of Autonomous Driving Domain ControllersEngineering Challenges Faced by Start-ups in Driving-parking Integrated Domain Controller Projects

Data Forecast

Sales of Above L2+ ADAS Domain Controllers, 2022Q1-2024Q4EInstallations of Masters Chips in Above L2+ Vehicle Models, 2022Q1-2024Q4EPenetration of L2+/L2.5/L2.9, 2022Q1-2024Q4ESales of Above L2+ ADAS Domain Controllers, 2021-2028EInstallations of Masters Chips in Above L2+ Vehicle Models, 2021-2028EPenetration of L2+/L2.5/L2.9, 2022-2028EAbove L2+ ADAS Domain Controller Market Size, 2021-2028EMarket Size of ADAS Master Chips for Above L2+ Vehicle Models, 2021-2028E

Companies Mentioned

Desay SVFreetechAptivHong Jing DriveVeoneeriMotionBoschZFJingwei HirainNvidiaMobileyeHorizon RoboticsTI

For more information about this report visit https://www.researchandmarkets.com/r/amy7vm

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Real Star Umbrella: An Umbrella That Opens for the World

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YIWU, China, Nov. 2, 2024 /PRNewswire/ — Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. According to statistics from Yiwugo, “umbrella” is one of the most popular categories on Yiwu’s market, ranking within the top 20 search keywords on the platform as of October 2024. Real Star Umbrella, a market leader both of this industry and on Yiwugo, has gained renewed vitality with the addition of fresh talent.

With a legacy of three generations and a commitment spanning half a century, Ms Zhang Jiayuan, the inheritor of Real Star Umbrella, is bringing fresh perspectives to the company by assisting her mother with daily business operations, infusing the shop with a unique new energy.

Starting from her grandparents, Real Star rose to prominence from the Umbrella City in Shangyu, Shaoxing, and has long engaged in international trade. Its products are now popular across Spain, Germany, Dubai, South America, and Asia. Ms. Zhang Jiying, Jiayuan’s mother and the previous owner, transformed Real Star into a leading enterprise in Yiwu’s umbrella market and was among the first to embrace e-commerce in the region.

As the daughter stepped into the business, new e-commerce models like livestreaming surged, the domestic market gained momentum, and brand-oriented strategies became essential. She started exploring a branding path by strengthening the company’s unique style, enhancing fashionability of its products, and establishing an ingenious brand image.

To meet the high demands for fast product updates, high design expectations, and strong acceptance of premium products in the Chinese market, Real Star has collaborated with various independent illustrators in the country, in addition to its “RS” (Real Star) brand registered in over 100 countries and regions. It also recruits fresh visual arts graduates annually to maintain an active, original design team that participates in various domestic and international competitions, using these opportunities to showcase its brand to global buyers while learning from other industry experts. Additionally, the company has integrated the personal image of its owner, into product design as a fusion of company and personal branding, which has significantly strengthened its impression among both domestic and international clients, forming a unique and sustainable brand style and company culture.

Real Star umbrellas are not only highly original, with a considerable speed of new product release, but also feature targeted theme designs catering to the preferences of different cultural elements. In the Chinese market, designs reflect a love for national and traditional culture, while in the international market, there is a range of regional styles. The design team’s attention to umbrella cases and packaging helps position their umbrellas as not only a functional item but also a gift and cultural creative product, attracting orders from well-known brands and cultural organizations. In a matter of years, Real Star has transitioned from a purely export-driven enterprise to one with balanced growth, with about 30% of sales now in the domestic market.

Two years ago, influenced by the trend of Dunhuang-inspired art, Real Star’s Dunhuang-themed series became an instant hit. Other distinct original series, such as “Abundance of Prosperity,” saw over 20,000 units sold at the retail level within a month of launch, despite a high price point. Many customers chose these items as gifts for friends.

As Real Star’s creative design capabilities have become more recognized within cultural and creative fields, it has signed partnerships with institutions like the China Umbrella Museum in Hangzhou, Lishui Cultural Tourism Investment Development Co., Ltd, Ningbo Foreign Affairs School, and the Yuwangtai Park Scenic Area in Henan. The company has also maintained a longstanding relationship with China Daily, one of China’s leading media agencies.

Zhang Jiayuan shared that in addition to its strong design capabilities, Real Star’s craftsmanship honed over more than fifty years remains excellent. Take their ultra-light carbon fiber umbrellas as an example: creating a foldable umbrella that is wind-resistant and durable is challenging. While industry standards generally achieve a weight of 300g-500g for umbrella frames, Real Star has managed to create an ultra-light version that weighs around 100g without compromising wind resistance and durability, a series particularly popular with young people.

Real Star also retains a group of skilled artisans dedicated to producing high-quality umbrellas. It takes them more than six times longer to hand-sew an umbrella than with machine processes, yet the intricate craftsmanship and unique ribbing techniques rely on their expertise. Today, these artisans, together with Real Star Umbrella, are experiencing renewed vitality, supported by the e-commerce platform Yiwugo, and embodying the spirit of a flourishing modern enterprise.

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SOURCE Yiwugo.com

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KuCoin Shines at The Gateway Event, Advocating for Blockchain Innovation Through TON

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DUBAI, UAE, Nov. 2, 2024 /PRNewswire/ — KuCoin, a global leader in the cryptocurrency exchange arena, is thrilled to announce its active participation at this year’s premier TON community event, The Gateway. The annual conference, renowned for uniting key players in the TON ecosystem, aligns perfectly with KuCoin’s mission to democratize cryptocurrency and expand its reach across the globe.

Representing KuCoin at the event was Alicia, who took part in the insightful panel discussion on “Perspective Sectors on TON for VCs and Exchanges.” Her presence underscored the vibrant potential of the venture capital market within emerging blockchain technologies, particularly the TON ecosystem. Alicia’s discussion highlighted how TON’s seamless integration with Telegram presents unique opportunities for innovation and user engagement, resonating with KuCoin’s strategic initiatives to bridge social connectivity with financial transactions.

“TON’s integration with Telegram not only simplifies the user experience but also amplifies it, making it a gateway for millions to engage with Web3 technologies,” Alicia stated. She emphasized KuCoin’s commitment to leveraging this synergy to enhance secure, user-friendly trading experiences, thus furthering its mission of putting crypto in every pocket.

KuCoin’s participation in The Gateway event reinforces its dedication to fostering a secure, robust, and accessible trading environment, paving the way for a new era of crypto and blockchain integration.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 36 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/

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CCTV+: From Silk Road Gateway to Global Innovation Hub: Xi’an Advances Industrial Upgrades and International Cooperation

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XI’AN, China, Nov. 2, 2024 /PRNewswire/ — Xi’an, an ancient capital and starting point of the Silk Road, is growing rapidly into a cosmopolis of technological innovation, industrial transformation and international cooperation. The city is becoming a global hub for innovation and economic cooperation and a destination that converges historical heritage with modern creativity. By leveraging initiatives in New Quality Productivity, the Internet of Things, high-tech industries, culture, and international business services, Xi’an showcases its dynamic blend of past and future.

Industrial Development: Technology and Innovation Drive Emerging Industry Clusters

Aiming to establish itself as an international hub with rapid scientific and technological innovation, Xi’an is now building a comprehensive national science center and a center for science and technology innovation.

The Silk Road Technology City is now home to more than 4,000 companies and has fostered two major industry clusters, in optoelectronics and automobiles, each worth tens of billions. Leading industry giants like BYD and Samsung have established themselves here, taking advantage of Xi’an’s robust policy support for innovation-led growth. LONGi, a world leader in solar technology, is actively building Shaanxi’s 100-billion-grade silicon-based solar PV industry innovation cluster, driving industry-wide growth through R&D and supply chain expansion; while BYD’s comprehensive new energy vehicle industry chain has also positioned Xi’an as a key base for new energy technology and electric vehicles.

Belt and Road Hub: Connecting Development Across Borders

As a central hub along the Belt and Road, Xi’an recently hosted the Belt and Road Forum for International Think Tank Cooperation, fostering collaboration and advancing connected, networked development through the trans-Eurasian transport corridor. With growing trade opportunities, Xi’an is also expanding its reach into international markets, particularly in Central Asia, exporting specialty agricultural products like kiwi fruit.

Through conventions and conferences, Xi’an has demonstrated its significant potential for international economic cooperation, establishing stronger ties in Central Asia and Belt and Road countries.

New Quality Productivity: Smart Technologies and Advanced Manufacturing Fuel Growth

New Quality Productivity is driving Xi’an’s high-quality development leveraging smart technologies and intelligent manufacturing. Local enterprises like SUNNYIT are promoting innovative applications of IoT technologies to tackle industry bottlenecks, Xi’an Chinastar M&C Limited is supporting real-time urban management with products including smart manhole covers and parking monitoring systems to support urban safety and municipal services.

Industrial robots and intelligent manufacturing are also accelerating Xi’an’s industry transformation. Xi’an Aerospace Automation’s 4,000-kilogram robot, designed for warehouse logistics, highlights the city’s advancements in high-load, high-precision applications.

High-Quality Development: Digital Technology Empowers Xi’an’s Smart City Ambitions

Xi’an is progressing in smart city development, enabling companies to utilize big data and AI for comprehensive traffic analysis, enhancing traffic management efficiency, and establishing a “transportation+” multi-scenario service system to improve travel experiences.

Xi’an looks to cooperate with more companies and research institutions in fields of environmental protection, water-related affairs, education, and urban management with the goal of promoting technological breakthroughs in areas such as intelligent video analysis and large-scale AI models, empowering city management and services through digital technologies and support the development and innovation of companies in the city.

Opening Up to the World: Xi’an Shares Its Story and Strengthens Business Environment

The newly established Xi’an International Communication Center shares Xi’an’s story in multiple languages, promoting Chinese culture and positioning Xi’an as a major platform for cultural exchange. Additionally, a legal service center in Xi’an Chanba International Port now offers comprehensive legal support, fostering a fair and just international business environment..

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SOURCE CCTV+

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