Friday, March 24, 2017

Magna Forecasts Automotive Camera Market to Reach $10B in 2020

AutomotiveNews: Magna VP Joel Gibson said the total market value for camera-based driver assistance systems is “growing very quickly” and he expects it to be worth about $10b per year by 2020. “It’s a very large growth area for Magna,” he said. Magna expects its car camera business to grow to $1B from the current $450M per year.

On another automotive news, AutoSens publishes a tutorial "What is LiDAR and why is it so important to driverless cars?" explaining the LiDAR basics and its strengths and weaknesses.

In yet another automotive news, NYTimes reports a use case for an in-car camera: "In France, Valeo, another supplier of automotive technology, is developing an infrared camera system that will monitor children in the rear seat as well as the driver’s shoulder, neck and head movements, looking for deviations from the norm.

Checking body temperature and even how the driver is dressed, the system will also be able to customize the interior temperature for each driver, said Guillaume Devauchelle, the company’s innovation director.

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