Segway showcasing single-wheel electric self-balancing One S1 at CES 2017
Pioneer Valley Transit Authority acquires three Proterra electric buses

Tractica forecasts ADAS component shipments to hit 1.2B units by 2025, $89.3B annual revenue by 2025

According to a new report from market intelligence firm Tractica, advanced driver assistance systems (ADAS) component shipments will increase at a healthy pace over the next decade, rising from 218.1 million units shipped in 2016 to 1.2 billion units by 2025. By that time, the market intelligence firm forecasts that the ADAS component market will reach $89.3 billion in annual revenue.

MD-ADAS-4Q16-chart

Advances in a number of fields, including camera and imaging technology, high power, low energy consumption processing, advanced neural networks and data processing, and others, have shifted the focal point of technology innovation from the computer in the 1990s, to the mobile handset in the 2000s, and in the current decade, to the automobile.

—Keith Kirkpatrick, principal analyst

Kirkpatrick added that, while fully connected and autonomous vehicles are likely a decade away from hitting the roads en masse, the stepping-stone technologies that will be refined and improved upon for the driverless cars of the future are rapidly being integrated into the vehicles of today.

Tractica’s report, “Advanced Driver Assistance System Market Forecasts”, provides market sizing and forecasts for 27 types of advanced driver assistance systems, as well as 9 component types. System forecasts include unit shipments and attach rates, and component forecasts include unit shipments, attach rates, average selling prices, and revenue. All forecasts are segmented by world region and cover the period from 2016 through 2025.

Comments

Account Deleted

People don't want gimmicks they want fully self-driving cars.

Alain

Obviously,
and we want them with a full-electric range of 1000 miles, and cheaper than the cars of today, and combined with solar cells with a 40%-efficiency, at 0.1 $/watt.

While this will somewhere in the near future be the case, meanwhile, small advances can save us a lot of troubles already.

Account Deleted

Tesla is selling fully self driving capable vehicles and if they can do it now so can all the old automakers. There is no magic going on at Tesla they just work harder and more intelligently than the rest of the industry.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)