Group 1 - The core viewpoint of the article is that the implementation of mandatory AEBS (Advanced Emergency Braking System) standards in China marks a significant transformation in automotive safety, transitioning from voluntary to compulsory installation for various vehicle categories [1][3][4] - The new regulations will expand the scope of AEBS to include N1 class light commercial vehicles, covering approximately 30% more vehicles than before [3] - The market for AEBS is expected to grow dramatically, with the installation rate projected to rise from less than 60% to 100%, and the market size anticipated to increase from 38 billion yuan in 2024 to 120 billion yuan by 2026 [1][7] Group 2 - The new AEBS standards will require all relevant vehicles to be equipped with the system, with a phased implementation timeline set for 2026 to 2028 [3] - The AEBS system is crucial for active vehicle safety, utilizing a three-module approach: perception, decision-making, and execution, to prevent accidents caused by driver inattention or fatigue [5] - The new standards introduce stricter performance requirements, including the ability to recognize vulnerable road users such as pedestrians and cyclists, and incorporate simulation testing into the evaluation process [5][6] Group 3 - The current AEBS market in China shows a "dumbbell" distribution, with a significant disparity in installation rates across different vehicle price segments, indicating a substantial market gap for lower-priced models [6] - Following the new regulations, the AEBS market is projected to experience explosive growth, driven by the inclusion of N1 class vehicles and the increased installation rates for entry-level models [7] - The AEBS industry chain consists of three main components: perception (sensors), decision-making (algorithms/chips), and execution (braking systems), all of which are expected to benefit from the new regulations [9][10] Group 4 - The perception layer of AEBS, primarily composed of cameras and millimeter-wave radars, is essential for the system's functionality, with significant growth expected in the market for these components [9] - The decision-making layer, which processes sensor data, is led by companies like Horizon Robotics, which holds a 28% market share in this segment [9] - The execution layer, consisting of electronic braking systems, is also seeing increased penetration in the market, with projections indicating a rise from 50.8% in 2024 to 65% by 2025 [10]
AEBS新规解读：从“推荐”到“强制”，中国汽车安全标准迎来历史性跨越
21世纪经济报道·2025-05-18 14:54