Topology, a division of TrendForce predicts that autonomous vehicles will enter mass production by 2020. A million self-driving cars are expected on the road by 2035 reports their IoV (Internet of Vehicles) research.
Analyst, Eric Chang believes self-driving cars will need sensors for reading biological or environmental data, communication technology, and a driver decision-making system.
Topology predicts 75% of the world’s cars will be connected by 2020 and produce $2.94 billion in revenue. Although most services focus on safety, consumers, however, are mainly interested in the convenience
Many big automakers and component manufacturers (Bosch, Delphi, Denso) and semiconductor manufacturers (Texas Instruments and Infineon) are engaging in research and development of automated driving systems.
Advances in automated driver systems will also drive developments in smart cars’ driving assistance systems and IoV technologies. Topology expects these products and services will become mainstream in the auto market during the period of 2015 to 2020.
Advanced Driver System (ADAS) will be in the majority of vehicles.
ADAS that alerts the driver of accidents are likely to become standard in all entry-level vehicles. Products that offer the ability to take over control of the cars, on the other hand, will be optional add-on feature..
Collaboration among different sectors will speed self-driving car growth. These collaborators include automakers, semiconductor companies, governments, ITS-related services providers and telecom operators.
“The realization of a driverless car depends on ADAS that provides excellent safety features and IoV that gives smart cars the ability to learn,” reported Chang, “and only then can a truly automated driving system be put on the road.”
An important step for companies working on automated driving systems is to have ADAS and IoV equipped in mass-produced vehicles.