Vendors to focus on the development of connected all-terrain driving systems
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global automotive HDC market in their latest research report. This report also lists two other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the geographic presence and product portfolios of the vendors in the market space.
This Technavio report, under the automotive electronics vertical, is based on the synthesis, analysis, and interpretation of information about the global automotive HDC market collected from specialized sources. The analysts have also derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The global market for automotive HDC consists of a few established players who have included HDC systems in the DAS package being provided to the automotive manufacturers. The competition in the market is expected to intensify in accordance with the stringent safety norms set by regulatory bodies across the globe and the rising awareness about vehicle safety among people. Developed economies like Europe, the Americas, and Japan will post the highest adoption rate owing to strict norms regarding the installation of ESC system, with HDC being an integral part of ESC. Developing economies are expected to show promising growth as the market penetration of ABS is increasing in the near future.
“At present, connected driving systems make use of dedicated short-range communications (DSRC) for vehicle-to-vehicle communications. However, the application of DSRC for vehicle-to-vehicle communication is limited due to inter-device compatibility issues. DSRC systems across the globe use different frequencies to communicate, ranging from infrared to almost 6 GHz frequency. This causes compatibility issues in vehicles from different geographical regions like the US, Europe, and Japan,” says Siddarth Jaiswal, a lead analyst at Technavio for automotive electronics.
Top five vendors in the global automotive HDC market space
Bosch
Bosch, a German multinational engineering and electronics company, is the world’s largest supplier of automotive components. The company’s core product offerings include automotive components, industrial products, and building products. Automotive components contribute to 60% of the company’s total revenue. Bosch has more than 350 subsidiaries and plants located all over the world, the majority being in Germany
Key products: Active safety, DAS, Flex fuel port fuel injection, and Driver information systems.
Continental AG
Continental AG is a German automotive manufacturing company that specializes in tires, brake systems, automotive safety, powertrain, and chassis components. The company is structured in five divisions which include chassis & safety, powertrain, interior, tires, and ContiTech. In 2012, Continental AG was the third largest seller of automotive parts in the world. The company operates in several countries across Europe, North America, and South America. The company performs R&D work at 127 locations across 27 countries worldwide.
Key products: Hi-Res 3D flash LiDAR, Emergency brake assist (EBA), Visual display systems, and Sensors and actuators.
ZF TRW
ZF TRW is the largest producer of ABS globally. The company manufactures HDC systems for many automakers including Audi and Porsche. The company engages in the design, manufacture, marketing, and sales of automotive systems, modules, and components to automotive OEMs and related aftermarkets. ZF TRW operates as a subsidiary of ZF Friedrichshafen AG since May 2015.
Key products: Active safety systems, Radio frequency systems, Transmission pumps, and Foundation brakes.
Hyundai Mobis
The company is an automotive supplier that manufactures chassis, cockpit, and front-end modules; safety products, including airbags, headlights, ABS, and ESC; steering parts; multimedia systems; UVO systems; injection-molded plastic parts such as instrument panels, carriers, and bumpers; and steel wheel rims and decks. Hyundai Mobis is the world’s sixth-largest automotive supplier. The company sharpened its global after-sales service by strengthening communication with overseas branches during May 2016.
Key products: Integrated Mobis Electronic Brake (iMEB).
WABCO Vehicle Control Systems
WABCO Vehicle Control Systems a provider of technologies and services intended for improving the safety, efficiency, and connectivity of commercial vehicles. The company offers ADAS, braking, stability control, suspension, transmission automation, and aerodynamics to commercial truck, bus, trailer, car, and off-highway manufacturers across the globe.
Key products: Hill hold control, Electronic braking system (EBS), ABS, and ADAS.
Other prominent vendors in this market include Murata and Delphi.
A more detailed analysis is available in the Technavio report, ‘Global Automotive Hill Descent Control Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
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