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Yole on Automotive Sensor Market

Yole Developpement releases "Automotive sensing: a mature yet highly dynamic market" report. Image sensors of all sorts is a significant part of this market:

"Despite just 3% growth in the volume of cars sold expected through to 2022, Yole expects an average growth rate in sensors sales volumes above 8% over the next five years, and above 14% growth in sales value. This is thanks to the expanding integration of high value sensing modules like RADAR, imaging and LiDAR.

Among all sensing technologies located in the car, three main sensors will drastically change the landscape: imaging, RADAR and LiDAR sensors. Imaging sensors were initially mounted for ADAS purposes in high-end vehicles, with deep learning image analysis techniques promoting early adoption. It is now a well-established fact that vision-based AEB is possible and saves lives. Adoption of forward ADAS cameras will therefore accelerate.

Growth of imaging for automotive is also being fueled by the park assist application, and 360° surround view camera volumes are skyrocketing. While it is becoming mandatory in the US to have a rear view camera, that uptake is dwarfed by 360° surround view cameras, which enable a “bird’s eye view” perspective. This trend is most beneficial to companies like Omnivision at sensor level and Panasonic and Valeo, which have become the main manufacturers of automotive cameras.

LiDAR remains the “Holy Grail” for most automotive players, allowing 3D sensing of the environment. In this report Yole’ analysts highlight the different potential usages of this technology, which will transform the transportation industry completely.

“We expect tremendous growth of the LiDAR market within the next five years, from being worth US$300 million in 2017 to US$4.4 billion by 2022,” details Guillaume Girardin from Yole. LiDAR is expected to be a key technology, but sensing redundancy will still be the backbone of the automotive world where security remains the golden rule.
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Yole on Automotive Sensor Market Yole on Automotive Sensor Market Reviewed by MCH on August 29, 2017 Rating: 5

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