Visiongain says “Automotive Adas Market Expected To Reach $38.4 Bn In 2018”
27 July 2018
Visiongain’ has launched a new automotive report Top 20 Automotive Advanced Driver Assistance Systems (ADAS) Companies 2018 : Leading Suppliers of Sensors & Semiconductors to OEMs for ADAS Applications (ACC, AEB, AFL, BSM, DMS, FCW, HUD, ISA, LDW, NVS, PDS, PA, RSR, SVC) & Sensors (LIDAR, IR, SRR-MRR, LRR, Cameras (Stereo, Mono, RVC, SVC), Ultrasonic)
The future of road transportation, a future of no road accidents, zero fuel emissions and smart-connected vehicles lies in autonomous, self-driving vehicles. And even though autonomous vehicles are not expected to arrive before 2021, many pieces of the puzzle are already in place in 2018. An ADAS system can aid the driver in adverse road conditions and situations by providing more lighting or display via night vision, rear camera, adaptive front lights and surround view system by utilising mono cameras, infrared cameras and laser lights. The development of the required technology goes hand in hand with that of Advanced Driving Assistance Systems (ADAS) while the final piece, regulation, is making substantial steps forward as more and more car manufacturers obtain licences to tests their autonomous driving technologies.
The Visiongain report analyst commented “The Automotive ADAS Market in 2018 is characterised by strong competition among the top four players with their market shares being close to each Although there is a strong competition among the top four players, we observe strong competition among the rest of the companies present in the market. Despite the fact that the remaining top 16 companies do not hold such large market shares, in order to compete with the large players, mid-tier companies holding shares above 6% are likely to find their ADAS revenues under pressure due to the strong competition. We assess that the increase in many of the leading companies’ R&D expenditures for ADAS will have a huge impact in the marketplace leading the changes in the automotive ADAS market over the following years.”
Leading companies featured in the report who are developing ADAS sensors and applications are Aisin Seiki Co., Autoliv AB, Bosch Group, Continental AG, Delphi Automotive, Denso Corporation, Freescale, Gentex Corporation, Harman International, Hella KGaA Hueck & Co., Hyundai Mobis, Magna International Inc., Mobileye N.V, NVIDIA, Panasonic Corporation, Renesas Electronics, Takata Corporation, Texas Instruments, TRW Automotive and Valeo SA.
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