TAIPEI, Taiwan–(BUSINESS WIRE)–Sep 22, 2020–
Despite stagnant growth in the automotive global market, new technologies for self-driving cars, electric cars, and carsharing are bound to have a significant impact on the auto industry in the near future. Besides the needs of individual drivers, governments in various countries have set up regulations for energy conservation, better environmental protection, and smart safety. This has led to the increasing development and use of electronics in the automotive industry. According to Strategy Analytics, Automotive Electronics systems will represent up to 50% of the vehicle cost by 2030.
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Figure 1: BSD has gradually become required automotive equipment. (True universal BSD indicator from Cub)
Increasing Demand in the ADAS Market
Due to intelligence and network trends in recent years, the global automotive industry has been fervently investing in the development of driver assistance systems. According