Falling costs push pedestrian detection to a $17 billion market

  • 25-Feb-2011 02:41 EST

According to a new study from ABI Research, lower costs will increase the amount of vehicles with pedestrian detection systems. “We project that by 2016 the lower costs will play a big part in increasing volumes and push the global pedestrian detection market value to more than $17 billion,” said ABI Research principal analyst David Alexander. For high-speed crash avoidance, the core component is still the radar sensor. With Freescale Semiconductor’s announcement in November that its Xtrinsic chipset is going into production, sensors will start to benefit from the efficiency of the latest manufacturing techniques, and cost is expected to fall even as functionality is improved. Other suppliers are likely to follow. Collision-warning systems are also expected to become increasingly available and affordable on higher volume models. ABI Research still sees no government plans for financial incentives to encourage investment in active-safety systems, but large sums are being provided to promote electric-vehicle technology. A subsidy of 5-10% of that amount would make a huge difference to the number of vehicles on the road with collision mitigation, which in a few years would probably result in a significant reduction in the overall number of traffic accidents. ABI Research’s new “Collision Warning and Mitigation Systems” study provides an analysis of global market trends, cost, and technological evaluations of different key components and discussion of existing product announcements.

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