Strategy Analytics forecasts show that safety systems will provide the greatest growth in automotive electronic system dollar demand. The development of advanced sensing systems based on radar, optical and other technologies has opened up a whole new range of possible safety-oriented applications for passenger vehicles.
"Consumers want increased car safety and car manufacturers need new ways to differentiate their products. Furthermore, there is increasing legislative pressure regarding safety systems," notes Ian Riches, Service Director from the Strategy Analytics Automotive Electronics Service (AES). "Combined, these factors will help to drive the market for blindspot monitoring systems."
"RADAR technologies will underpin the development of blindspot monitoring systems," observes Asif Anwar, Director of the Strategy Analytics GaAs service. "Lower-cost approaches such as optical solutions will provide competition to RADAR-based systems. Looking further ahead, infrared systems are also being developed."
The two reports, "Automotive Blindspot Monitoring Systems: A Market Poised for Growth" and "RADAR Underpins Automotive Blindspot Monitoring Systems" are available from Strategy Analytics' Automotive Electronics and Gallium Arsenide services, respectively.
About Strategy Analytics
Strategy Analytics, Inc. - a global research and consulting firm - provides timely insights and strategic business solutions to companies operating at the convergence of information, communications and entertainment technologies. With worldwide headquarters in Boston, MA. and principal offices in England, France and Germany, Strategy Analytics focuses on market opportunities and challenges in the areas of Automotive Electronics & Multimedia, Digital Consumer, Wireless Strategies and Enabling Technologies. For more information, see www.strategyanalytics.com