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.

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