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ADAS: A Rebirth For The Car Industry?

Release Date:2020-05-13

Advanced driver-assistance systems will drive a sensor market worth $22.4 billion in 2025

Yole Développement analysts estimates that the global market for radars, cameras, LiDARs and computing advanced driver-assistance systems (ADAS) should reach $8.7 billion in 2020.

Almost half of this market revenue will be generated by radars with $3.8 billion, followed by cameras with $3.5 billion. LiDARs will account for $0.04 billion and computing ADAS will generate $1.4 billion, according to the latest 'Sensing and Computing for ADAS vehicle 2020' report.

The production of new cars is expected to decline by 30 percent compared to the 2019 production level, heavily impacted by the coronavirus crisis. Yole expects it will take three years for vehicle production to recover and get back to the same level of output after the Covid-19 crisis.

Yole says the direction of the automotive industry towards the four major megatrends of connected, autonomous, shared and electric driving is expected to remain unchanged going forward, but the speed of adoption might change due to the Covid-19 crisis. Electrification will be the main focus for OEM s as restrictions and associated penalties on CO2 emissions should remain valid.

The second target for OEMs will be related to the development of ADAS for safety and automated driving features. The development of AEB is a great step to avoid forward collisions but is still perfectible, as demonstrated by the AAA in October 2019. Automated driving features in traffic jams or on the highway will also be developed by OEMs as consumers are looking for these to ease driving.

The development of such features will be a way for OEMs to differentiate themselves. To do so, the addition of more sensors, more computing power and a new E/E architecture will be required.

source: https://compoundsemiconductor.net/article/111200/ADAS_a_rebirth_for_the_car_industry

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