Skip to main content

Connected and self-driving cars ‘poised for growth’

Autonomous vehicles will enter mass production by 2020 as more and more major auto makers in recent years have committed to their R&D, according to Topology, a division of TrendForce. Furthermore, the scale of the market will likely surpass a million vehicle mark by 2035. Eric Chang, analyst for Topology, stated the future development of autonomous vehicles will depend on the following technologies: sensors for reading biological data inside vehicle and environmental data outside; communication technology;
April 13, 2015 Read time: 3 mins
Autonomous vehicles will enter mass production by 2020 as more and more major auto makers in recent years have committed to their R&D, according to Topology, a division of TrendForce. Furthermore, the scale of the market will likely surpass a million vehicle mark by 2035. Eric Chang, analyst for Topology, stated the future development of autonomous vehicles will depend on the following technologies: sensors for reading biological data inside vehicle and environmental data outside; communication technology; and driver decision-making system. Every one of these technologies is indispensable to the industry.

With infotainment systems pushing new boundaries, new car models now come with a basic system based on the Internet of Vehicles (IoV) paradigm. Based on Topology’s projection, 75 per cent of the world’s cars will be connected by 2020, and the growth of IoV will bring in around US$2.94 billion in revenue. The direction of IoV research in developed countries is currently toward driving safety technology and emergency rescue features. Consumers, however, are mainly interested in the convenience factor.

Many big auto makers launched their automated driving systems products at this year’s CES. Fuelled by the efforts made by Google in its driverless car project, traditional car makers are eager to show the results of their research to the public. Besides automotive manufacturers, component manufacturers (311 Bosch and Denso) and semiconductor manufacturers (7865 Texas Instruments and 6367 Infineon) are also aggressively engaging in R&D of automated driving systems. Their approach is to enter this field with products such as sensors and driver assistance systems.

Advances in automated driver system will also drive developments in smart cars’ driving assistance systems and IoV-related technologies. Topology expects these products and services will become mainstream in the auto market during the period of 2015~2020. By then, advanced driver systems (ADAS) will be in the majority of vehicles. ADAS products that primarily alert the driver of potential accidents are likely to become the standard in all entry-level vehicles. Products that offer the ability to take over control of the cars, by contrast, will become optional purchases. As for the IoV market, the collaboration among different sectors will accelerate its growth. These collaborators include auto makers, semiconductor companies, governments (that are building ITS-related infrastructures), providers of ITS-related services (such as ETC), and telecom operators.

“The realisation of a driverless car depends on ADAS that provides excellent safety features and IoV that gives smart cars the ability to learn,” said Chang, “and only then can a truly automated driving system be put on the road.” Thus, the important step for companies working on automated driving systems is to have ADAS and IoV equipped in mass-produced vehicles.

For more information on companies in this article

Related Content

  • AVs in the Netherlands? Don't forget the bikes
    June 11, 2019
    The Netherlands’ famous love of bicycles could be a problem when it comes to the deployment of autonomous vehicles there. And there might be other obstacles, finds Ben Spencer Of all the countries on the planet, the Netherlands is most ready to start deploying autonomous vehicles (AVs), according to a survey by KPMG earlier this year. On the face of it, this is good news: coming first out of 25 countries listed in the Autonomous Vehicles Readiness Index (AVRI) for the second consecutive year puts the Du
  • Growth of embedded car OEM telematics subscribers
    December 22, 2016
    According to a new research report by Berg Insight, the number of telematics service subscribers using embedded systems will grow at a compound annual growth rate (CAGR) of 36.4 per cent from 26.5 million subscribers at the end of 2015 to 170.2 million subscribers at the end of 2021. In addition, Berg Insight forecasts that shipments of embedded car OEM telematics systems worldwide will grow from almost 13.8 million units in 2015 at a CAGR of over 25.1 per cent to reach 52.8 million units in 2021. In Eur
  • ITSWC 2020 - LA, here we come!
    November 26, 2019
    Planning for next year’s 27th ITS World Congress in Los Angeles is well under way. ITS America president Shailen Bhatt explains what visitors can expect from the 2020 event...
  • UK to lead the way in testing driverless cars
    July 20, 2015
    The UK government has launched a US$30 million competitive fund for collaborative research and development into driverless vehicles, along with a code of practice for testing. The measures, announced by Business Secretary Sajid Javid and Transport Minister Andrew Jones, will put the UK at the forefront of the intelligent mobility market, expected to be worth US£1.4 trillion by 2025. The government wants bidders to put forward proposals in areas such as safety, reliability, how vehicles can communicat