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.
Subscribe to:
Post Comments (Atom)
0 Response to "Magna Forecasts Automotive Camera Market to Reach $10B in 2020"
Post a Comment