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  • ADAS sensor market expected to attain valuation of $40.8 billion by 2030: Report

    ADAS sensor market expected to attain valuation of $40.8 billion by 2030: Report

    2020-10-23
    Advanced Driver Assistance System (ADAS) Sensor Market Research Report: By Type (Radar, LiDAR, Camera, Ultrasonic), Vehicle Autonomy (Semi-Autonomous Vehicle, Fully-Autonomous Vehicle), Vehicle Type (Passenger Car, Commercial Vehicle), Application (ACC System, AEB System, BSD System, LKAS, AFL System, CTA System, DMS, IPA System, NVS) - Industry Size, Trend, Growth and Demand Forecast to 2030. NEW YORK, March 04, 2020 (GLOBE NEWSWIRE) -- From $11.5 billion in 2019, the advanced driver assistance system (ADAS) sensor market is predicted to grow to $40.8 billion in 2030, at an 11.7% CAGR between 2020 and 2030 (forecast period). Among all sensor types, radar sensors dominated the market during 2014–2019, in value terms. During the forecast period, the light detection and ranging (LiDAR) category would observe the fastest progress, on account of the increasing sale of fully autonomous vehicles. A key trend in the ADAS sensor market share is the increasing research and development (R&D) activities in the automotive sector, which have made possible the production of better autonomous vehicles. For instance, the U.S. government sanctioned $100 million for autonomous vehicle R&D, in 2018, and supplemented it with another funding, of $60 million, the next year, for a project to test the feasibility and safety of such automobiles. The most prominent growth driver for the ADAS sensor market is the various government regulations being introduced that encourage the manufacturing and sale of autonomous cars. Every year, an increasing number of such regulations are being passed and policies introduced. While 33 U.S. states introduced such bills in 2017, an additional 15 tabled a total of 18 bills in 2018. Similarly, the Spanish Directorate General of Traffic partnered with Mobileye NV to create infrastructure and regulatory policies for the usage of autonomous cars in the country, in 2017. Fully autonomous cars would experience higher CAGR in the ADAS sensor market, based on vehicle autonomy, during 2023–2030. This is because compared to level 1,2, and 3 semi-autonomous cars, level 4 and 5 fully autonomous cars require ADAS sensors more. The passenger car category, under the vehicle type segment, dominated the market in 2019, as such cars account for a higher production volume than commercial vehicles. Additionally, any automotive technology is first experiment on passenger cars, which is another reason for their leading position. Adaptive cruise control (ACC) is predicted to be the largest application category during the forecast period, as the system has increased in demand, with a decline in its costs. During the historical period, Europe was the largest ADAS sensor market. Asia-Pacific (APAC) would grow the fastest during the forecast period, with China witnessing the highest CAGR in the region. The robust growth of the Chinese market is attributed to its heavy automobile production volume and constant evolution in the automotive technology, which i...
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  • Global ADAS & Autonomous Driving Technology Market Report

    Global ADAS & Autonomous Driving Technology Market Report

    2020-10-07
    By the end of 2020, the global passenger vehicle demand is predicted to plunge by 11% due to Covid-19 pandemic and commercial vehicle industry is expected to witness a fall in the demand for the first time in the decade. All the major markets are estimated to witness sharp decline, while, the countries including the U.S., Italy, India, France, South Korea, Japan, China, United Kingdom, and Spain are expected to witness fall of more than 10%. From a more optimistic perspective, the year 2021 could see a positive growth- curve in terms of passenger cars demand; however, the auto industry would at least need minimum of 5 years' time to regain the sales volumes of 2019. The publisher predicts that passenger vehicle demand is expected to grow by 1.9% between 2020 to 2030 with more than 56 million cars equipped with some level of autonomy. The penetration rate of level 1 and level 2 autonomy would be highest during these years; while, level 3 autonomy will take slower pace. Besides, as per the current industry developments from tech companies and traditional OEMs, level 4/5 AVs for ride-hailing or car sharing are likely to be on streets by 2025. The trend shows that AVs for shared mobility would see larger scale deployment from 2025, across big cities with connected infrastructure and with high population density. The current effect of COVID-19 on auto sales, development of autonomous driving technologies and its future impact have been considered in the market analysis of the study. The autonomous shuttles and good-delivery autonomous vehicles have been deployed in few countries during this pandemic time which is expected to further give a push to this market. A separate analysis on these autonomous commercial vehicles and the competition between the players have been included in the study. Autonomous Mobility-as-a-Service (MaaS) has been a trending topic and automakers are promoting driverless ridesharing as low-cost transit option that has potential to change the transportation system. Car sharing is great opportunity particularly for the companies having hands-on autonomous vehicles such as Tesla, Daimler, Waymo, and others. Driverless ridesharing is expected to become future of intelligent transportation. The early deployment of robotaxis is expected in the countries of Western Europe, the U.S., China, and Japan. However, post 2030, the deployment in Chinese market is anticipated to overtake the Western markets of the U.S. and Europe. The study has also focused on these potential markets and anticipated the demand for this way of commute in near future. By 2025, the commercial vehicle industry is expected to get disrupted largely by autonomous and connected vehicle technology. This penetration of autonomous driving in trucking industry is expected to bring multiple changes in the operations of OEMs and tech players. ——Source:finance.yahoo.com
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  • Augmented Reality HUDs Will Make Vehicles Safer, But There’s a Catch

    Augmented Reality HUDs Will Make Vehicles Safer, But There’s a Catch

    2020-09-11
    It’s only a matter of time before people view augmented reality (AR) as an expected, even irreplaceable, part of vehicle operation. That’s because the auto industry is continuously striving to make the car safer and save lives, not only for the driver and passengers, but for pedestrians, cyclists, animals and the occupants in oncoming vehicles. The move toward semi-autonomous and fully autonomous vehicles will even further accelerate the need for AR-based safety features. If you think advanced technology can’t become a necessity, consider that only half of all U.S. car models had rear-facing safety cameras in 2012. By 2018 they were required equipment. AR has the ability to enhance the driving experience in ways that other technologies simply cannot match. From hazard avoidance to location-based updates, augmented reality is unequaled for the speed and relevance in which it can deliver important driver information. What’s more, HUDs are the natural place for AR to make its mark. A few vehicles offer some form of AR in the dashboard, but this can be problematic if it distracts from driving. For most drivers, information presented in their direct line of sight is far safer. Important design principles are required for AR-enhanced HUDs. Some developers have imagined entire windshields as canvases for AR information, but this is not a good idea. It’s possible to overstimulate the driver with advisories, warnings, readouts and the like. Excessive information density requires a degree of mental effort that can overwhelm decision-making and actually decrease reaction time. The correct discipline when designing AR in HUDs lies in managing cognitive load. Driving is a complex task, with input coming from dozens of sources. As information density increases, so does the cognitive load. Information cannot be allowed to interfere with the normal demands of driving. AR-enhanced HUDs require the responsible incorporation of techniques that manage the driver’s cognitive load. Cueing, for example, allows a designer to increase information while simultaneously lowering task load and reaction time. Three-dimensional route cues in the HUD quickly indicate which way to turn, and how soon. This has an Eyes-on-the-Road Benefit (ERB), eliminating the time required to target a turn compared with looking at SatNav in the dashboard area. AR cueing can also be used to highlight obstacles (e.g., an unexpected pedestrian in the car’s path). When milliseconds count, such cueing can make all the difference. AR HUDs must also be contextually aware; in other words, they must be aware they are “drawing” in the real-world space. Graphical signifiers should be presented only when needed in critical situations, hidden when not needed and expressed using a familiar design language (i.e., shapes, colors, even sounds) operators are conditioned to recognize. Multi-modality, another design concept, ensures drivers have multiple ways in which to interact with what is in the HUD. Voice reco...
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  • China announces NEV development plan

    China announces NEV development plan

    2020-10-16
    China's state council has outlined a development plan for the country's new energy vehicle industry, aiming to accelerate technological innovation and infrastructure construction. This comes after Beijing announced new development plans for strategic industries, including electric vehicles (EVs), new energy resources and technology infrastructure, in response to the impact of the Covid-19 economic downturn and trade tensions with the US. The latest plan seeks to ensure a more orderly development of China's NEV sector, promote the establishment of a unified national market and boost industry integration and market competitiveness. Infrastructure strategy The government will encourage manufacturers to innovate and make technological breakthroughs in NEV operating systems and power batteries. Efforts to further integrate the new energy vehicle industry with the energy, transportation, information and communication sectors will also be supported. Beijing announced at the end of September that it would reward innovations in the fuel cell electric vehicle (FCEV) industry, in an effort to make breakthroughs in key technologies and build a complete industry chain in four years. The government wants to also speed up efforts to upgrade infrastructure, such as building more charging points and hydrogen refuelling stations. It will accelerate the formation of public networks to provide fast-charging services to NEV drivers near expressways and in urban and rural areas. Several major cities in China have taken the lead in developing NEV infrastructure. Shanghai plans to add 100,000-200,000 of public and private NEV charging points over the next three years. China's industry and information technology ministry announced a campaign in mid-July to promote the use of NEVs in rural areas. It added more NEV models to its campaign earlier this month, with more commercial vehicles to meet various needs. International cooperation The plan also aims to promote closer cooperation between Chinese NEV firms and international partners. European carmaker Volkswagen invested in China's major battery manufacturer Gotion (Guoxuan) Hi-Tech and domestic automobile manufacturer Anhui Jianghuai Automobile in May. US EV manufacturer Tesla is the only wholly owned foreign automaker in China, with its factory in Shanghai expected to meet a production target of 1mn units/yr in the longer term from current capacity of 200,000 units/yr. Policy support The Chinese government will come up with more supportive policies to promote the use of NEVs in the public service sector, according to the latest plan. It is aiming for at least 80pc of such vehicles to be used in areas such as public transport, taxi services and logistics in the country's "ecological civilisation" pilot zones, as well as in key regions to prevent and control air pollution. China at the end of June revised its NEV credit score programme for 2021-23 to reshuffle the country's automotive manufacturing industry by encouragin...
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  • How to avoid collisions in automatic driving? Scientists study locusts to find answers.

    How to avoid collisions in automatic driving? Scientists study locusts to find answers.

    2020-10-08
    Now the automotive technology has entered the era of semi-automatic driving, and full-automatic driving or unmanned driving is close at hand. In the development and research of full-automatic driving, how to ensure that all vehicles can run safely and actively avoid accidents is the primary task of major research institutions. Pennsylvania State University found that locusts have special anti-collision sensing ability It is possible to find out how automatic driving can prevent collision. Even if locusts flying in groups are very close to each other, they will not collide. This advanced ability is quite special. The R & D team believes that this ability can be applied to the active safety system of vehicles. By studying the locust avoidance mechanism, the car can also have the ability of locust like and reduce vehicle accidents. There is a special neural structure in locusts, which can be used as sensitive sensors. The operating principle is very simple. When two locusts fly too close, or the flight path may collide, the locust's eyes will reflect the approaching body and send out stimulus signals. The closer they get, the more intense the stimulation will be. At this time, the nerve will calculate the Avoidance Trajectory as a dodge Predict and make actual response. Pennsylvania State University uses the characteristics of locust neurons to develop sensors. This sensor will sense the approaching objects and send out responses. Then, the driving computer can quickly calculate the strain mode to avoid danger. Although the response of the sensor is very fast, it will take time to accurately sense various objects, people or animals. If the research and development is completed, it will be from semi-automatic driving at present to fully automatic driving in the future. There may not be a serious accident caused by the failure of the system to predict in time. ——Source: setn.com
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  • Porsche is upbeat on China sales as automakers bet on luxury electric vehicles

    Porsche is upbeat on China sales as automakers bet on luxury electric vehicles

    2020-10-12
    BEIJING – Luxury and electric vehicles emerged as bright spots at this year’s Beijing Auto Show, which kicked off this weekend in the aftermath of the coronavirus pandemic with about 200 fewer vehicles than previous shows. China is the world’s largest auto market, but car sales have slumped in the last three years amid a nationwide slowdown in growth. The economic shock of Covid-19 earlier this year further hit the auto industry, which in 2018 accounted for about 10% of China’s retail sales and one-sixth of jobs, according to official figures. Now in a sign of some recovery, global and domestic automakers alike are reporting increased demand – at least in the high-end or electric vehicle segment. Despite a 60% year-on-year drop in sales in February, German luxury brand Porsche predicts its sales in mainland China and Hong Kong this year can at least match that of 2019, or even set a record, China CEO Jens Puttfarcken told CNBC. Porsche said China sales climbed 8% in 2019 to a record high of over 86,000 vehicles. Covid-19 has affected consumer psychology, increasing the popularity of private transport while prompting many Chinese to splurge, Puttfarcken said. He added that consumers are now spending more on luxury cars instead of travel. He expects demand to remain strong through at least the first half of next year. Orders in the country already hit a monthly record in June of nearly 10,000 and have since held above 9,000, Porsche said. China is the brand’s largest market, accounting for 34% of global sales in the first half of the year. Rapidly growing EV market Like many international automakers at the Beijing Auto Show, Porsche is also getting into the Chinese electric vehicle market. The company’s China offerings in the segment have so far held in the high price range of well over 1.1 million yuan, or about $160,000. By the end of the year, Porsche plans to offer a base version of its electric sportscar Taycan for 888,000 yuan. That’s closer to the price range of Tesla vehicles in China. “The electrical market in general is, like the whole automotive market, is a highly competitive market,” Puttfarcken said, “especially here in China where we see here a lot of brands that are unknown to the rest of the world, building up very interesting products and very highly sophisticated technologies.” When the coronavirus outbreak stalled, the Chinese government quickly announced support for electric vehicles, which are strategically key for national innovation. “This market is going to grow fast because in the end, the EV penetration in China is going to rise, (and) the high-end segment is going to be the first to be penetrated,” said Jing Yang, director of corporate research at Fitch Ratings. She pointed out that battery cost needs to come down further before electric vehicles can really become a mass market product. New York-listed Chinese start-up Nio claims its battery rental plan, which was launched in August, already makes operating its electric ...
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  • Crowds in face masks pack out China auto show after COVID-19 delay

    Crowds in face masks pack out China auto show after COVID-19 delay

    2020-09-28
    BEIJING: Crowds packed a mega motor show in Beijing on Saturday (Sep 26) – the only major international auto event this year – as manufacturers hope to boost the world's biggest car market despite the coronavirus battering demand. Delayed for five months because of the pandemic, the 10-day event opened as China has largely brought the virus outbreak under control, although travel restrictions mean most overseas executives appeared virtually to introduce their new motors. But this did not stop a packed audience in mandatory face masks from cheering as new cars were driven on stage to be shown off. The fact the glitzy gathering was going ahead marked "a symbol of hope" in the industry, BMW China CEO Jochen Goller told the crowds on Saturday morning. Tickets were limited this year in a bid to reduce crowds, although crowds surged through the exhibition centre shoulder-to-shoulder. China's auto industry is showing signs of recovery after passenger car sales collapsed by around 80 per cent in February, when consumers stayed home and the economy came to a near-standstill to curb the virus outbreak. Sales have picked up after a painful first quarter, up 8.8 per cent year-on-year last month according to the China Passenger Car Association. Saturday's sprawling displays of almost 800 vehicles include 82 world premieres, with automakers jostling to gain market share and revive consumer interest after a long slump predating the pandemic. In a year where global auto sales are expected to fall by 20 per cent, rating agency S&P expects China may be the only market to catch up with 2019 volumes in the next two years. Electric vehicles were also a prominent feature of the China show as Beijing pushed the sector and targets a 25 per cent adoption of energy-saving vehicles by 2025. There were 160 on display on top of concept cars from makers including luxury brand Audi, Japanese giants Honda and Nissan and Chinese electric vehicle start-ups like Nio and XPeng. China's electric vehicle firms have seen a surge in interest from investors as they search for the next Tesla – also hosting a stand drawing large crowds – with XPeng and Li Auto both going public in the US this year. Meanwhile, established players like Volkswagen and BMW made commitments to their own electric future, with all-electric models to be produced in China. Although China's auto sales are still expected to fall by up to 9 per cent this year overall, new energy vehicles are likely to pick up in the second half, S&P predicted. ——Source:channelnewsasia.com
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  • Tesla announces ‘tabless’ battery cells that will improve range of its electric cars

    Tesla announces ‘tabless’ battery cells that will improve range of its electric cars

    2020-09-25
    Tesla unveiled plans Tuesday to develop a “tabless” battery that could improve an electric car’s range and power. The company will produce its new batteries in-house, which Tesla CEO Elon Musk predicts will help dramatically reduce costs and allow the company to eventually sell electric vehicles for the same price as gasoline-powered ones. The battery is expected to lower Tesla’s cost per kilowatt-hour, the unit of energy most commonly used to measure the capacity of the battery packs in modern electric vehicles. Many experts believe that lowering these costs would allow Tesla to dramatically lower the price of its cars, thereby making them far more accessible. The news of the new battery was announced during the company’s much-hyped “Battery Day” event in Palo Alto, California. Musk said Tesla achieved this breakthrough by removing the tab, a part of the battery that forms a connection between the cell and what it is powering. These new tabless cells, which Tesla is calling 4860 cells, will give the company’s EV batteries five times more energy capacity, make them six times more powerful, and enable a 16 percent range increase for Tesla’s vehicles. The tabless cells were among the first announcements from Tesla’s Battery Day. The new cells are bigger than Tesla’s current cells, measuring 46 millimeters by 80 millimeters (thus the name, 4680). In addition to more energy and power, the new cells will result in a 14 percent reduction in cost per kWh at the cell form factor level only, Musk said. Tesla’s new cell manufacturing system is “close to working” at the pilot plant level. During the event, Drew Baglino, Tesla’s vice president for powertrain and energy, offered more insight into the new cells. He said that Tesla’s engineers “laser patterned” the existing foils in the cell to create a “shingled spiral” that results in a shorter electrical path length of 50 mm, versus the existing 250 mm length in the current cells. “You actually have a shorter path length [for the electron to travel] in a large tabless cell than you have in the smaller cell with tabs,” Musk added. “So even though the cell is bigger, it actually has more power.” Like most car companies, Tesla sources its batteries from major producers so it can focus on its core mission: building electric cars. The company’s 2170 cells, which are currently used in Model 3 and Model Y vehicles, are produced by Panasonic at Tesla’s Gigafactory in Nevada. But those supplies have become strained. In 2018, a shortage of cells at Panasonic added to Tesla’s “production hell” woes just as it began ramping up its big push to make the Model 3. Musk has criticized Panasonic’s pace of battery production as constraining the Model 3 and the Model Y. And Panasonic CEO Kazuhiro Tsuga has predicted that its batteries will “run out” if Tesla continues to expand its business. Musk’s announcement that Tesla will begin manufacturing its own batteries is aimed at alleviating those bottlenecks. But it wasn’t exactly...
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  • Creating Something New

    Creating Something New

    2020-09-01
    The world of electronics has been in contact flux for the past fifty years, with new developments in every arena. In automobiles, the situation is much the same with new technology affecting how we drive and how we interact with vehicles. Leading this charge of modernity is First International Computer, Inc. (FIC). Based in Taiwan, but with a global footprint, we look more closely at the company in the light of its award-winning success. Founded by Dr. Ming J. Chien, FIC has come a long way since selling its first PRIME computers in 1980. And in year 2004, Mr. Leo Chien, son of Dr. Ming, joined the group and contributed his master expertise as COO of FIC in 2008. Mr. Leo began to lead the group towards a new business development in 2010, with unique insights to the market trend and gradually moved the team towards a new direction of automotive electronic design manufacturing and smart building IoT system integration business. Throughout the years, he integrated the group's relevant technical capabilities and resources in order to support the new business comprehensively, and became CEO of FIC in 2016. He owns high sensitivity to the market demand and has been certain that in the future,  smart automotive including autonomous technology, smart building automations and smart traffics business will increase tremendously, hence leading the group toward the direction by providing supreme technologies to enrich people’s lives and driving experiences. With 40 years of design engineering and manufacturing experience, FIC possesses proven records as unique advantages over many of its competitors. As a true leader in the field, FIC provides automotive EDMS (Electronic Design Manufacturing Service), supply chain management and system integration solution for global Tier 1 and Tier 2 suppliers, with roughly 60% in US & European Market and 40% in Asia Market. With a broad reach, the team is able to provide clients with end-to-end automotive electronic design manufacturing solutions, from Concept and Design Development, Supply Chain Management, JDM (Joint Design Manufacturing), POC, EVT/DVT/PVT, PCB Assembly, Box-Build, System Assembly and System Integration, turnkey solutions all the way to logistic and RMA service. In order to create the best possible result, efficient communication and collaboration with customers is the key. A substantial number of FIC’s projects are jointed efforts with customers. This approach not only saves significant costs at the preliminary design stage but also creates the opportunity to quickly learn from each other’s expertise. Long-term partnership has proven vital to the success of FIC by building up close teamwork, respecting each other’s domain known-how, hence a consistent performance can be delivered.  Thanks to the vice president of the design team, Mr. Alex Dee, he has been leading the team to successfully develop various projects over the years. FIC has already achieved its great success in the field of desi...
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  • Connected car market forecast sees over 14% CAGR to 2027

    Connected car market forecast sees over 14% CAGR to 2027

    2020-09-18
    A new report from market research firm Verified Market Research finds that the global connected car market, which was valued at $72.68 billion in 2019, is projected to reach $215.23 billion by 2027 - growing at a CAGR of 14.56% from 2020 to 2027. According to the report, the increase in advanced driver-assistance systems (ADAS) features in cars is driving the connected car market as it ensures enhanced levels of safety. Other key factors contributing toward the growth of the connected car market are the rising demand for connectivity solutions, an increase in dependency on technology, and an upsurge in the tech-savvy population. In addition, technological advancements, an increase in the production of vehicles, and an increase in demand for luxury and comfort in vehicles are expected to support the growth of the market. Also, the report finds, automakers are nowadays following new vehicle safety norms to both encourage the safety of the vehicle and to make them more secure from hacking and malfunctioning, which, in turn, is also likely to foster the demand for connected car systems. The following trends, says the report, are reinforcing the shift towards a fully developed connected car industry: New technological innovation in the field of the network is accelerating at a fast rate. High-speed computers help make the car aware of surroundings, which can transform maneuvering a self-driving vehicle into an increasing reality. The Internet of Things (IoT) provides mobile services in the car with high-speed internet, enabling real-time traffic control, interaction with the car manufacturer service for remote diagnostics, and enhanced company logistics automation. The increase in demand for lightweight suspension systems and the development of technically advanced suspension systems are expected to provide a favorable opportunity for the growth of the market. The report segments the connected car market based on services, form, network, and geography. Major players in this market include Bosch, Continental AG, Delphi Technologies PLC, DENSO Corporation, Harman International Industries, Infineon Technologies AG, NXP Semiconductors N.V., Toyota Motor Corporation, Valeo, and ZF Friedrichshafen AG. ——Source:eenewsautomotive.com
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