The top five companies listed by rank include Bosch, Harman, Continental,
"Bosch tasked thousands of engineers to develop next-generation ADAS solutions like DualView display and NeoSense," says Susan Beardslee, senior analyst at ABI Research. "As Human Machine Interaction, or HMI, electrification, and predictive analytics further evolve, Bosch's investments, acquisitions, and partnerships, like its ones with Mercedes, Porsche, and TomTom, will continue to place it as a leading market share vendor."
Bosch is one of a few suppliers to extend its footprint into non-hardware services, such as mobility services, active parking lot management, and IoT software. Its in-vehicle electronics include hybrid powertrain and electrification, as well as the Bosch Body Computer Module. The company sits sixteen points ahead of Harman and more than twenty ahead of Continental in the competitive analysis. While Continental is an ADAS market leader, Harman pioneers in its development of virtual reality modelling that blends different camera images to generate a full surround view.
"The industry will see continued transformation through strategic acquisitions, partnerships, and disinvestments as suppliers converge and shift toward software, services, and security," concludes Beardslee. "Examples of this include Visteon's recent purchase of AllGo Embedded Systems and its decision to sell its automotive interiors facility, Valeo's announcement to provide low-cost, solid-state LiDAR with LeddarTech to support ADAS, and industry disruptor Gentex's decision to grow its connected electro-optical business by working with OEMs like GM and Nissan."
Research ranks Bosch, Harman, and Continental as leading Tier One connected car vendors
ABI Research ranks Bosch as the leader among 20 Tier One connected car suppliers considered in its latest competitive analysis. Harman and Continental received second and third place, respectively. Bosch's explosive sales growth last year, significant capital expenditures to fund future development, cadre of strategic partnerships, and commitment to advanced driver assistance systems (ADAS) solutions place it in a strong position to pioneer the continuing evolution of the automotive industry.
Location Based Systems / September 8, 2016
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