Frost & Sullivan Releases Global Autonomous Driving Industry Outlook for 2019
August 21, 2019
Blog
By 2030, one in four cars sold globally is expected to be automated (L3 and above).
Frost & Sullivan released its Global Autonomous Driving (AD) Industry Outlook, 2019, which underlines future industry and technology trends for automotive. Research focuses on platform level developments to add redundancies, fuse sensory data and building the essential computational ecosystem in the technology sector.
This year, the industry is experiencing much progress in driverless technology in the way of improved sensor solutions, L2+ deployment and tele-operations. The development and distribution of L4 and L5 vehicles is still further down the road, but OEMs and Tier 1 suppliers are expected to accelerate L2+ features by supplementing the value proposition in the ADAS market. The report also states that one in four cars sold (18 million) globally is expected to be automated (L3 and above), with L4 leading the growth by 2030.
OEMs plan to accelerate growth by:
- Investing in start-ups focused on autonomous software and service sectors
- Focusing on safety and ADAS features
- Working on platforms that concentrate on sensor fusion and AI
- Concentrating on L2+ features deployment
- Advancing OEMs and supplier collaboration, improving solution scalability and decreasing development cost
“Sensor fusion will be a major aspect of autonomous vehicle development. The transition from discrete sensor processing to sensor fusion will be through either raw sensors or smart sensors based on E/E architecture,” said Frost & Sullivan’s Mobility Senior Research Analyst, Ayan Biswas. “Meanwhile, the introduction of L2+ and L3 features will create opportunities for the integration of multicore advanced driver-assistance systems (ADAS) domain controller. This will reduce the architectural complexity and weight on the chassis by decreasing the amount of wiring and facilitating high-speed communication and data transmission.”
More information about Frost & Sullivan’s Global Autonomous Driving (AD) Industry Outlook, 2019 is available here.