The road to self driving cars drives ADAS market for a robust growth
Advanced driver assistance systems (ADAS) is becoming an important growth opportunity for electronics and semiconductor companies such as STMicroelectronics, Texas Instruments, Analog Devices, Fujitsu, Renesas Freescale and such broad product range expertise chip companies.
The most important factor driving advanced driver assistance systems is safety and security when a person is driving, so that driving becomes stressfree, which is becoming a priority in these days. Finally it leads to driverless cars, it looks more like transition to self driving concept than a sudden switchover, but most probably a rapid transition, depending on the market strategies, customers acceptance and regulatory approvals. Basically the system which need to take care of safety need to be even more robust in terms of quality and reliability. Some of the leading and older semiconductor companies have proven that their products are more reliable when it comes to extreme usage and also long-lasting. That makes them more eligible to supply semiconductor ICs and software for safety critical applications.
Though there are plenty of start-up semiconductor companies most of them are fabless, there is no proven track record of these companies having supplied such highly reliable components markets such as aerospace and defence. Whereas some of the semiconductor companies listed above have that exper...
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