(The content of this article was produced by our advertising partner.)
While the global automobile industry pivots towards the transformation of smart vehicles and with the tendency to acceleration towards autonomous driving, the world market for advanced driver systems (ADAS) and autonomous driving solutions (AD) prosperous. Founded in 2015 and guided by its vision of the empowerment of each passenger vehicle with intelligent driving solutions, Horizon Robotics (9660.HK) has become a leading supplier of intelligent driving solutions for passenger vehicles.
On October 24, Horizon Robotics was officially enrolled in the main board of directors of the Hong Kong Stock Exchange at a program price of $ 3.99 HK. This first public offer has drawn significant attention to investors who are drawn to the main competitive advantages of Horizon, namely its main expertise on the Chinese market, the entirely integrated suite of software and hardware solutions, a robust base of loyal customers First -order, the prosperous ecosystem and scalability on the commercial model.
Investors of high -level cornerstone, notably Alibaba and Baidu, have further strengthened market confidence, highlighting the strong horizon value proposal. The flexible and evolving business model of the company creates a significant value of consumers and is able to systematically meet the market development needs, positioning of the horizon for long -term growth.
Innovative software integration: main mass production in intelligent driving
As an essential component of the intelligent vehicle value chain, the demand for increasingly effective and more effective intelligent solutions should experience substantial growth in the years to come. According to CIC (China Insights Consultancy), the global market for ADAS and AD solutions should go from 61.9 billion RMB in 2023 to RMB1.017.1 billion by 2030, reflecting an annual growth rate (CAGR) 49.2%. In China, this market was worth 24.5 billion RMB in 2023 and should grow at a TCAC of 49.4% to 407.0 billion RMB by 2030.