Global Automotive LiDAR Sensor Market to Rise at a CAGR of 39.0%, and Reach Up to $2,436.3 Million by 2026

According to Research Dive, creation of 3D image of the object is the key factor driving the Global Automotive LiDAR Sensor Market

PUNE, India, March 24, 2020 /PRNewswire/ — A new report published by Research Dive states that the global automotive LiDAR market is set to rise at a CAGR of 39.0% during the forecast period from 2019 to 2026. The global market is anticipated…

According to Research Dive, creation of 3D image of the object is the key factor driving the Global Automotive LiDAR Sensor Market

PUNE, India, March 24, 2020 /PRNewswire/ — A new report published by Research Dive states that the global automotive LiDAR market is set to rise at a CAGR of 39.0% during the forecast period from 2019 to 2026. The global market is anticipated to generate a revenue of $2,436.3 million by 2026. The market has been segmented on the basis of type, vehicle type, and region. The report provides detailed insights on drivers, vital segments, restraints, opportunities, and top market players. As per our analysts, the rapid growth in the advancements in autonomous vehicles all over the globe is predicted to drive the automotive LiDAR sensor market. However, rise in concern for fuel economy, greenhouse gas, and stringent emission norms have encouraged automotive manufacturers to employ technological advancements, thereby propelling the global market.

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Solid State to be Most Lucrative

On the basis of type, the global automotive LiDAR sensor market is segmented into mechanical and solid-state LiDAR. The market share for mechanical LiDAR was largest with 57.8% in 2018, and is anticipated to generate a revenue of $87.9 million during the period of forecast. This is majorly due to the advanced features exhibited by the mechanical LiDAR such as 360-degree along with the widest field of view (FOV) to all the advanced driver assistance systems technologies. On the other hand, solid-state segment is projected to register the highest growth rate during the forecast period growing at a 40.0% CAGR. This is mainly due to rapid growth in the preferences by the OEM’s to differentiate between moving objects and the stand still objects.

Autonomous Vehicle Segment to Continue its Dominance

Based on vehicle type, the global market for automotive LiDAR sensor is segmented into autonomous and semi-autonomous vehicles. Among these, the market for autonomous vehicles held the largest market share in 2018 with $79.0 million and is projected to reach up to $1,248.2 million by 2026. This is majorly due to the various technological benefits as the LiDAR has the ability to detect the surrounding by sending and receiving numerous signals every second with the speed of light. On the other hand, the semi-autonomous vehicle type segment is likely to grow at 39.3% CAGR and generate a revenue of $1,188.1 million during the forecast period.

North America Market to Have Enormous Opportunities

Geographically, the global market for automotive LiDAR sensor is segmented into North America, Europe, Asia-Pacific, and LAMEA. The market size for North America automotive LiDAR sensor accounted for $86.6 million in 2018, and is projected to rise at 38.8% CAGR by the end of 2026. This dominance is primarily due to the rapid growth in the adoption rate of autonomous vehicles and rise in the technological advancements in this region. Along with North America, the Europe automotive LiDAR sensor market is expected to rise at a rapid rate during the period of forecast. This Europe market is projected to grow at 40.3% CAGR and reach up to $ 552.3 million by 2026.

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Top key players and Recent Development in automotive LiDAR sensor market include:

1.  Continental AG

2.  Robert Bosch GmbH

3.  First Sensor AG

4.  Denso Corp

5.  Hella KGaA Hueck & Co.

6.  Novariant, Inc.

7.  Laddartech

8.  Quanergy Systems, Inc.

9.  Phantom Intelligence

10.  Velodyne LiDAR, Inc.

These key players are continually increasing their efforts to implement several strategies such as mergers, product development, acquisitions, and joint ventures, to rise the company position in the global market.

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LiDAR Market Size Worth $3.7 Billion By 2027 | CAGR: 13.2% : Grand View Research, Inc.

SAN FRANCISCO, March 24, 2020 /PRNewswire/ — The global LiDAR market size is expected to reach USD 3.7 billion by 2027, expanding at a CAGR of 13.2% over the forecast…

SAN FRANCISCO, March 24, 2020 /PRNewswire/ — The global LiDAR market size is expected to reach USD 3.7 billion by 2027, expanding at a CAGR of 13.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing acceptance in environmental mapping, automobile safety application, construction and architectural sectors for monitoring, and 3D-modeling applications arenas is expected to boost the market growth. Furthermore, increasing development and adoption of self-driving cars and trucks is expected to boost the market growth, as Light Detection and Ranging (LiDAR) is one of the key sensing technologies that is required to enable hybrid to full autonomous driving.

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Key suggestions from the report:

  • The LiDAR market is estimated to grow significantly due to automation in industries, leading to reduced human efforts and increased efficiency. Technological superiority of LiDAR in engineering projects of large magnitude is estimated to trigger the demand further
  • Airborne systems are expected to remain the dominant product segment over the forecast period on account of the surging adoption of aerial mapping devices
  • North America is expected to emerge as one of the leading regional markets owing to rising R&D spending coupled with high adoption in the automotive sector and environmental scanning and modeling operations
  • Growing demand in emerging economies, such as India, Japan, and China, is driving the industry growth in the Asia Pacific region. The surge in the demand across the automotive industry is one of the reasons boosting the market demand
  • The key industry participants include Velodyne LiDAR, Inc.; Leica Geosystems Holdings AG; Faro Technologies Inc.; Trimble Navigation Limited; and RIEGL USA Inc.
  • The current market environment is witnessing an intense competition between the key players for achieving the market domination via product differentiation and enhancement of quality.

Read 100 page research report with ToC on «LiDAR Market Size, Share & Trends Analysis Report By Product Type (Airborne, Terrestrial), By Component (GPS, Navigation, Laser Scanners), By Application, By Region, And Segment Forecasts, 2020 – 2027» at: https://www.grandviewresearch.com/industry-analysis/lidar-light-detection-and-ranging-market

The advanced driver assistance systems (ADAS) application segment is expected to grow at a remarkable pace owing to surging incorporation in automotive safety and forward-collision avoidance systems. In U.K., the regulatory authorities have mandated installation of certain automotive safety technologies such as the collision avoidance technologies. The Euro NCAP Advanced aims to provide buyers with clear guidance regarding the safety benefits offered by technologies such as blind spot monitoring, lane support, Autonomous Emergency Braking (AEB), speed alert, attention assist, vision enhancement, and pre-crash sensing. Rising developments in 3D scanning solutions is anticipated to boost the market growth over the forecast period. For instance, in October 2018, Faro Technology, Inc. introduced new airborne LiDAR scanning in partnership with STORMBEE, in order to provide cost effective airborne 3D scanning solution.

Furthermore, growing environmental concerns have enforced governments to establish regulations over the past decade. The authorities have been implementing strategies, activities, and policies to tackle the concerns. The ability to store large LiDAR point files has been a stumbling block for new users however, the technological advancements in spatial resolution of LIDAR-based digital terrain models are providing incredible accuracy in applications such as change detection on hillsides, water runoff for agriculture or mining sites, and inland waterways.

Grand View Research has segmented the global LiDAR market on the basis of product type, application type, component type, and region:

  • LiDAR Product Type Outlook (Revenue, USD Million, 2016 – 2027)
    • Airborne
    • Terrestrial
    • Mobile & UAV
  • LiDAR Application Outlook (Revenue, USD Million, 2016 – 2027)
    • Corridor Mapping
    • Engineering
    • Environment
    • Exploration
    • Advanced Driver Assistance Systems (ADAS)
    • Others
  • LiDAR Component Outlook (Revenue, USD Million, 2016 – 2027)
    • Laser Scanners
    • GPS
    • Navigation (IMU)
    • Others
  • LiDAR Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
    • Middle East & Africa

Find more research reports on Next Generation Technologies Industry, by Grand View Research:

  • Hydroponics Market – The global hydroponics market size was valued at USD 1.33 billion in 2018 and is anticipated to expand at the CAGR of 22.52% from 2019 to 2025.
  • Waterjet Cutting Machine Market Increasing inclination towards adopting environment-friendly cutting processes and practices within industries such as automotive, mining, electronics, construction, packaging, and textile is one of the key factors attributing to market growth.
  • 3D Printing Market – The aggressive R&D in Three-Dimensional Printing (3DP) and growing demand for prototyping applications from various industry verticals, particularly healthcare, automotive, and aerospace and defense, are the factors expected to drive the market growth.

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Industrial Furnaces Market to Reach $16.99 Bn, Globally, by 2026 at 5.4% CAGR: Allied Market Research

Increase in demand for fabricated and processed metals in varied end-user industries and surge in investments and development of the industrial sector drive the growth of the global industrial furnaces market

PORTLAND, Oregon, March 23, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Industrial Furnaces Market by Furnace Type (Gas/Fuel…

Increase in demand for fabricated and processed metals in varied end-user industries and surge in investments and development of the industrial sector drive the growth of the global industrial furnaces market

PORTLAND, Oregon, March 23, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Industrial Furnaces Market by Furnace Type (Gas/Fuel Operated Industrial Furnace and Electrically Operated Industrial Furnace), Arrangement (Tube or Clamshell Type, Box Type, Bottom Loading & Car Bottom Furnace, Top Loading Furnace, and Others), and End User (Metals & Mining, Transportation, Oil & Gas, Chemical, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.» According to the report, the global industrial furnaces industry was estimated at $10.95 billion in 2018, and is expected to hit $16.99 billion by 2026, registering a CAGR of 5.4% from 2019 to 2026.

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Drivers, restraints, and opportunities

Rise in demand for fabricated and processed metals in varied end-user industries and increase in investments and development of the industrial sector drive the growth of the global industrial furnaces market. On the other hand, high initial cost, high energy consumption, and strict government regulations related to gas emissions from gas/fuel operated industrial furnaces impede the growth to certain extent. However, high-end technological advancements are expected to create multiple opportunities in the near future.

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The metals and mining segment to lead the trail by 2026-

Based on end user, the metals and mining segment accounted for nearly one-third of the global industrial furnaces market share in 2018, and is expected to retain its dominance by the end of 2026. Rise in number of metal processing factories globally and development of the metals & mining industry have driven the segment growth. The chemicals segment, on the other hand, would manifest the fastest CAGR of 7.1% during 2019–2026. This is attributed to increase in applications of industrial furnaces in the chemical industry.

The box type segment to dominate during the estimated period-

Based on arrangement, the box type segment contributed to more than two-fifths of the global industrial furnaces market revenue in 2018, and is projected to maintain the lion’s share throughout the forecast period. Factors such as simple design, rapid heat generation, and uniform temperature distribution make them a prevalent choice for large number of processes such as baking, pre-heating, and annealing which, in turn, boosts the growth of the segment. At the same time, the bottom loading and car bottom furnace segment would project the fastest CAGR of 6.4% till 2026, owing to shift of customers toward bringing their heat-treating equipment in-house.

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Europe, followed by Asia-Pacific and North America, to rule the roost-

Based on geography, Europe, followed by Asia-Pacific and North America, garnered the largest market share in 2018, holding more than one-third of the global industrial furnaces market, owing to huge demand for industrial furnaces in the food & beverage, laboratories, and aviation industries. Simultaneously, the Asia-Pacific region would showcase the fastest CAGR of 6.6% during the study period. The growth in electronics, aviation, and oil & gas industries is expected to lead toward the development of the market.

Frontrunners in the industry-

  • ANDRITZ AG
  • Thermal Product Solutions
  • Gasbarre Products, Inc.
  • International Thermal Systems LLC
  • Ipsen International GmbH
  • NUTEC Group
  • SECO/WARWICK S.A.
  • Epcon Industrial Systems, LP
  • Carbolite Gero Limited
  • Thermcraft Incorporated

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Hyundai Mobis develops ‘in-cabin systems’ utilizing the state-of-the-art autonomous driving sensors one after another

SEOUL, South Korea, March 23, 2020 /PRNewswire/ — Hyundai Mobis (KRX:012330) said on March 22 that it successfully developed the system for detecting rear-seat passengers with a ‘radar’ (ROA, Rear Occupant Alert), and it is planning to propose the system to global automakers.

The ROA is a device for preventing passengers from being left unattended in rear seats. In the past, the weight sensor of children’s car seats or the ultrasonic sensor were used in general….

SEOUL, South Korea, March 23, 2020 /PRNewswire/ — Hyundai Mobis (KRX:012330) said on March 22 that it successfully developed the system for detecting rear-seat passengers with a ‘radar’ (ROA, Rear Occupant Alert), and it is planning to propose the system to global automakers.

The ROA is a device for preventing passengers from being left unattended in rear seats. In the past, the weight sensor of children’s car seats or the ultrasonic sensor were used in general. Hyundai Mobis vastly improved detection accuracy by replacing them with the radar sensor. It is expected to greatly help prevent heatstroke accidents caused every summer by children being left unattended in vehicles and other safety accidents.

«The core of the passenger detection system, developed based on the radar which has been mostly acted as a sensor for autonomous driving, is the design of the software algorithm that discerns the micromovements of passengers,» said Mr. Jang Jae-ho, Director of the EE Research Center, Hyundai Mobis. «As the radar can penetrate clothes and measure various biosignals, e.g. micromovements of passengers’ chests and blood flow, it can detect the presence of passengers in rear seats more accurately. It overcame the weakness of the camera sensor, which cannot recognize babies covered in blankets. So far, there is no known case of application to global automakers.»

If a passenger is left in the rear seat, the passenger detection system alerts the driver with the sound made when the door is closed, or through the instrument panel or smartphone. The system, developed by Hyundai Mobis, is known to have secured electromagnetic reliability so that it works normally near high-voltage lines and railroad tracks, and be precise enough to distinguish adults, infants and pets. Hyundai Mobis is planning to develop a radar capable of measuring the heartbeats of passengers and expand the biometric function this year.

About Hyundai Mobis
Hyundai Mobis is the 7th largest leading automotive supplier. Founded in 1977 and is headquartered in Seoul, South Korea. Mobis is to become a lifelong technology partner for vehicles and people.

It is excellent in sensors, sensor fusion in controllers and software design capabilities in safety control. As Hyundai Mobis internalized all core auto component technologies, it has various product groups in ADAS based on its state-of-the-art technologies which combined sensors and these technologies. Its products also includes core modules (chassis, cockpit and front), brakes, suspension, airbags, lights and automotive electronics.

Mobis currently has more than 30,000 employees and has been manufacturing in more than 30 regions in 10 countries including South Korea, China, Germany, India and the United States. In addition to its R&D headquarters in South Korea, Mobis has 4 technology centers in Germany, China, India and the United States.

 

Pioneer’s New 2020 Z-Series Receivers Bring the Hi-Res Audio and Big Screen Revolution to Every Car

BANGKOK, SINGAPORE and JAKARTA, Indonesia, March 23, 2020 /PRNewswire/ — Pioneer, a leader in aftermarket car audio, today announced four new multimedia receivers: the DMH-ZF9350BT, DMH-ZS9350BT, DMH-Z6350BT, and DMH-Z5350BT. This new range brings Hi-Res Audio, Alexa Auto, Wireless Apple CarPlay™, and Android Auto™[1] to every driver, offering superior audiovisual performance in a streamlined, modern package.

BANGKOK, SINGAPORE and JAKARTA, Indonesia, March 23, 2020 /PRNewswire/ — Pioneer, a leader in aftermarket car audio, today announced four new multimedia receivers: the DMH-ZF9350BT, DMH-ZS9350BT, DMH-Z6350BT, and DMH-Z5350BT. This new range brings Hi-Res Audio, Alexa Auto, Wireless Apple CarPlay™, and Android Auto™[1] to every driver, offering superior audiovisual performance in a streamlined, modern package.

New Pioneer 1-DIN DMH-ZF9350BT

«Drivers today are deeply connected with technology and demand higher quality experiences. Still, conventional hardware has yet to keep up, often sacrificing quality for convenience,» said Mr. Ronald Lee, General Manager of Sales and Marketing Division, Pioneer Electronics Asia Centre. «We designed our new Z-series multimedia receivers with both world-class audio hardware and snap-quick software features so that everyone can fully enjoy their entertainment while staying focused on their journey.»

Double Down on Big Screens and Hi-Res Audio with the DMH-ZF9350BT

Leading the new Z-series line-up is the DMH-ZF9350BT, a 1-DIN receiver with a huge 9-inch display, equipped with a ‘floating’ design that enables drivers to slide and tilt the 24-bit True Colour capacitive touchscreen to a variety of ergonomic positions. With Alexa Auto, Wireless Apple CarPlay, Android Auto and a new browser application at their fingertips, drivers can now enjoy their in-car entertainment their way, in industry-leading luxury and comfort.

The DMH-ZF9350BT was engineered with top-of-the-line audio components which enables Hi-Res Audio playback and support for lossless formats such as FLAC. When paired with complementary Hi-Res Audio products such as Pioneer’s Z-Series speakers and subwoofers, drivers can enjoy their favourite music in a wider, distortion-free soundstage, with crystal clear accuracy – just the way the artiste intended. Thanks to Pioneer’s advanced sound retriever audio enhancement software, 13-band graphic equalizer and time alignment features, drivers can also easily tweak their in-car audio experience to achieve the crisp treble and deep bass they desire.

World-class In-Car Entertainment, Your Way

New Pioneer 2-DIN DMH-ZS9350BT

Pioneer has also brought these same incredible features to various form factors so that everyone can enjoy a world-class in-car entertainment experience. While drivers familiar with a traditional form factor can look forward to the DMH-ZS9350BT with a fixed 9-inch screen – a perfect fit for cars with a 9-inch double-DIN slot space, those preferring a compact receiver will enjoy the DMH-Z6350BT’s 6.8-inch display. Also available is the value-oriented 2-DIN DMH-Z5350BT with a 6.8-inch screen, offering Wired Apple CarPlay, Android Auto, and WebLink at an attractive price.

DMH-ZF9350BT

DMH-ZS9350BT

DMH-Z6350BT

DMH-Z5350BT

Size

1-DIN

2-DIN

Display

9-inch ‘Floating Design’ Capacitive Touchscreen

9-inch
Capacitive Touchscreen

6.8-inch
Capacitive Touchscreen

6.8-inch

Capacitive

Touchscreen

Audio Features

Hi-Res Audio Output Capabilities (192KHz / 24bit) & native FLAC Support

Specialised Audio Parts

3 X 4V RCA Preouts
13-Band Graphic Equalizer
Time Alignment
Advanced Sound Retriever

Specialised Audio Parts

3 X 4V RCA Preouts
13-Band Graphic Equalizer
Time Alignment

Advanced Sound Retriever

Connectivity

Bluetooth
(Pair up to 5 Devices)

USB, HDMI, AUX

Bluetooth
(Pair up to 5 Devices)

USB, AUX

Alexa Auto

Supported (Only in India as of March 2020)

Not Supported

Apple CarPlay

Wireless & Wired

Wired

Android Auto

Wired

Camera Inputs

Front & Rear

Front & Rear

Front & Rear

 

Front & Rear

Other Features

New Browser Function
Faster Smartphone Charging (3A) over USB-C

Weblink

The new receivers will be available at Pioneer’s authorised dealers in the second quarter of 2020. As actual product availability varies by country, please contact your local Pioneer office for more information.

High-res product images can be downloaded here: https://drive.google.com/drive/folders/1mD9JFmxjBIvIS04m4dYenZTdhHETeLYn?usp=sharing 

For more updates on these products, please visit the Pioneer Car Entertainment Facebook page at www.facebook.com/PioneerCarEntertainment/.

[1] Alexa Automotive only available in India as of March 2020. Wireless Apple CarPlay only available on DMH-ZF9350BT, DMH-ZS9350BT, and DMH-Z6350BT

Additional notes:

I. Never use Pioneer system while driving if doing so will compromise safety. Always observe safe driving rules. In some countries, operating certain devices while driving may be illegal. Where such regulations apply, they must be obeyed.

ii. Product specifications and features may vary by region. For more information, contact local Pioneer authorised dealer.

iii. Pioneer Multimedia Receivers are compatible with selected Android and iPhone smartphones only.  

iv. Alexa Auto is only available in India as of March 2020.

v. Apple CarPlay over a wireless or wired USB connection requires an iPhone 5 or later running iOS 7.1 or higher, and a Lightning to USB cable. For availability in specific country, please visit http://www.apple.com/ios/carplay/.

vi. Bluetooth® functionality requires a compatible Bluetooth-enabled device. Features may not be supported by all compatible Bluetooth-enabled devices or may be limited in certain devices or by certain wireless carriers.

vii. Pioneer does not guarantee compatibility with all USB mass storage devices and assumes no responsibilities for any loss of data on media players, smartphones, or other devices while using the receiver.

viii. Android Auto requires an Android device running Android 5.0 (Lollipop) or higher with a data plan. Availability of Android Auto may vary depending upon country and phone model. Please visit http://www.android.com/auto for more information.

ix. Regarding USB Type-C™ –  drivers should connect phones to receivers featuring Android media playback and control via AOA and/or MTP only through the CD-CU50, a certified USB Type-A to USB Type-C™ cable (preferably under 1 m in length) or through a Type-A extension cable supplied by Pioneer. In some cases, establishing a connection with a conventional USB Type-C cable may be dysfunctional.

x. Android and Android Auto are trademarks of Google Inc

xi. Apple, iPod, iPhone, Siri, CarPlay and the CarPlay logo are trademarks of Apple Inc., registered in the U.S. and other countries.

xii. BLUETOOTH is a registered trademark of Bluetooth SIG, Inc.

xiii. WebLink is a registered trademark of Abalta Technologies.

xiv. Alexa Auto, Alexa, Echo, Amazon, and all other related terms and logos are trademarks of Amazon.com, Inc. or its affiliates

xv. All other brands, product names, or logos may be trademarks or registered trademarks of their respective holders.

About Pioneer Electronics AsiaCentre (PAC) Pte. Ltd.

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The regional headquarters of Pioneer Corporation since 1992, Pioneer’s core business is in car audio visual. Pioneer aims to be a leading aftermarket manufacturer and supplier to leading car brands, providing comprehensive infotainment solutions for in-car, by developing next-generation devices and innovative cloud services for the growing connected car market. For more information, please visit www.PioneerCarEntertainment.com.

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AUTOCRYPT Officially Joins 5GAA (5G Automotive Association) as an ITS Security Expert

SEOUL, South Korea, March 23, 2020 /PRNewswire/ — AUTOCRYPT, South Korea’s pioneer in security operations for C-ITS highways, its first testbed, and licensing facility autonomous vehicles joined 5G Automotive Association (5GAA). 5GAA is a global, cross-industry organization of companies from the automotive technology and telecommunications industries (ICT) to develop 5G-based intelligent transport services and end-to-end solutions for future mobility and…

SEOUL, South Korea, March 23, 2020 /PRNewswire/ — AUTOCRYPT, South Korea’s pioneer in security operations for C-ITS highways, its first testbed, and licensing facility autonomous vehicles joined 5G Automotive Association (5GAA). 5GAA is a global, cross-industry organization of companies from the automotive technology and telecommunications industries (ICT) to develop 5G-based intelligent transport services and end-to-end solutions for future mobility and transportation services. 

AUTOCRYPT

The Association, founded in 2016, unites a large member base including 8 founding members which are AUDI AG, BMW Group, Daimler AG, Ericsson, Huawei, Intel, Nokia, and Qualcomm Incorporated. The members are committed to defining, developing the next generation of connected mobility and automated vehicle solutions, and testing integration into smart cities and intelligent transportation. 

By taking a big step with the members of the 5GAA towards making transportation safer, greener, and more enjoyable, AUTOCRYPT is ready for the development of road safety and prioritization of C-ITS technology. With its Key Management features, AUTOCRYPT offers an extensive suite of security solutions to solve vulnerabilities across connected and autonomous vehicle environments. The Public Key Infrastructure (PKI) and Vehicle-to-Anything (V2X) components provide essential certificate management and encryption across smart road environments, from back-end server infrastructure to endpoints. These security solutions will further develop C-ITS and the provision of V2X, V2X communications, and connected mobility solutions collectively. 

«What’s most important in the autonomous driving environment is the technologies that can guarantee the safety of communications between intelligent transport services,» said Daniel ES Kim, CEO of AUTOCRYPT. «We believe 5GAA and AUTOCRYPT together can play an enormous role in the development of 5G-V2X, which will eventually ease the global rollout of connected mobility and automated vehicles.» 

Recent milestones of 5GAA include running joint C-V2X demonstrations and launching testing events in Europe, supporting and addressing the importance of V2X and its requirements. It also aims to accelerate various development projects that lead to integrated solutions and deployments across Europe, the United States, and Asia. 

About AUTOCRYPT

As a pioneer in transportation security technologies, AUTOCRYPT has been working towards providing a secured transportation experience for connected vehicles. AUTOCRYPT’s development initially started under Penta Security in 2007. A decade later in 2019, it spun off as a separate entity and expanded its global presence. Recognized as the Best Auto Cybersecurity Product/Solution by TU-Automotive, AUTOCRYPT has been aiding in installing modules through various projects to deploy secure V2X, RSU based communications, and PKI for connected vehicles security. Moreover, AUTOCRYPT has developed to face the challenges of in-vehicle security and EV charging through Plug&Charge (PnC), a simplified communications solution, and mobility data platform and fleet management system. For more information on AUTOCRYPT, visit www.autocrypt.io. For partnership inquiries, email marketing@autocrypt.io.

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US$1M professional racing prize up for grabs for mobile gamers as World’s Fastest Gamer returns

LONDON, March 22, 2020 /PRNewswire/ —

US$1M professional racing prize up for grabs for mobile gamers as World’s Fastest Gamer returns

LONDON, March 22, 2020 /PRNewswire/ —

After turning a Dutch gamer into a Formula 1 simulator driver and making the racing dreams come true for a British gamer – Torque Esports Corp will again raise the bar for the third edition of World’s Fastest Gamer with a ground-breaking prize worth more than US$1 million.

 

  • WFG to provide welcome distraction from lack of real racing
  • Gamers can qualify for free for $1M prize
  • Free to Play game available to download now
  • Previous winners now professional simulator and racing drivers
  • New season to again feature global TV and streamed content
  • View teaser video at: https://youtu.be/bjJlThuPHiY

After turning a Dutch gamer into a Formula 1 simulator driver and making the racing dreams come true for a British gamer – Torque Esports Corp (TSXV: GAME) (OTCQB: MLLLF) will again raise the bar for the third edition of World’s Fastest Gamer with a ground-breaking prize worth more than US$1 million.

To show support of gamers at home, fans can qualify for this huge prize by downloading the racing game Gear.Club for free on all app stores.

For the third edition of the #RacerToGamer competition, Torque Esports plans to dig even deeper and open the competition even wider to find the contestant with virtual racing skills that can transfer to real-world competition.

Thousands of potential World’s Fastest Gamer winners watched round two of The Race All-Star Esports Battle live streamed on YouTube today – inspired by gamers taking on some of the biggest names in world motorsport.

Dutchman Rudy van Buren was the first winner of World’s Fastest Gamer in 2017 – beating more than 30.000 contestants to earn the «dream job» for a gamer. Van Buren became a simulator driver for the McLaren Formula 1 team and three years later remains in demand as an expert in his field, taking on the same role for the Mahindra Racing Formula E team.

Van Buren won today’s event staged on a virtual Indianapolis Motor Speedway road course – not only beating his fellow gamers but defeating Formula 1, IndyCar and Formula E stars including Juan Pablo Montoya, Tony Kanaan, Nico Hulkenburg, Antonio Felix Da Costa and Felix Rosenqvist.

Last year James Baldwin was put through a 12-day torture test of real-world and virtual racing events against nine other top line gamers to win the second edition of World’s Fastest Gamer.

Van Buren was able to pass on the right advice for Baldwin as a mentor of the Dutchman’s «Team Orange» while Formula 1 legends Juan Pablo Montoya and Rubens Barrichello were part of the judging team that selected the winner.

Upon the recommencement of racing in Europe later this year, Baldwin will begin his racing career driving a McLaren 720s for the team co-owned by 2009 F1 World Champion, Jenson Button – Jenson Team Rocket RJN.

Season one of World’s Fastest Gamer was shown throughout the world in a four-part documentary series seen on major networks including ESPN, Sky, CNBC and Fox Sports – reaching more than 400 million viewers.

Season two’s six-part documentary debut date will be announced soon and is expected to reach an even larger audience.

«We are in a very unfortunate situation at the moment with race events cancelled across the world due to the COVID-19 situation,» Torque Esports President and CEO, Darren Cox said:

«While we are unable to confirm the timing for our finals tour and what the grand prize will be in 2020 with all the current cancellations and restrictions, we’re going to start the search to find the best of the best.

«As part of the ‘stay at home economy’ – more and more people are turning to gaming as other forms of entertainment are cancelled. Our gaming studio Eden Games is reporting a 216% increase in players racing on our Gear.Club platform while Torque Esports’ data analysis experts Stream Hatchet are monitoring dramatic increases across all streaming platforms in the gaming genre.

«If we really want to dig deep and find that hidden talent that has those incredible skills that can transfer across to the real-world motorsport – then this is the time to do it.»

A number of qualifying events will be announced in the coming weeks including the first Gear.Club mobile-based entry mechanism. Mobile gamers Henrik Drue and Riley Gerster both impressed judges and defeated several PC and console gamers during the World’s Fastest Gamer elimination process in #WFG1 and #WFG2.

Season three of World’s Fastest Gamer was revealed today during The Race All-Star Esports Battle broadcast. The online race series debuted last week as the biggest-ever streamed esports racing event.

«We’ve shown that the skills used in the online version of motorsport can transfer across to the real thing and we’re continuing to blur the lines between virtual and reality in the sport,» Cox said.

«This is just the first of many big announcements we have coming up for World’s Fastest Gamer. We’re very excited about the chance to make a gamer’s dreams come true.»

About Torque Esports
The company focuses on three areas – esports data provision, esport tournament hosting and esports racing. Torque aims to revolutionize esports racing and the racing gaming genre via its industry-leading gaming studio Eden Games which focuses on mobile racing games and its unique motorsport IP, including World’s Fastest Gamer (created and managed by wholly-owned subsidiary IDEAS+CARS, Silverstone UK). With simulator company AiS recently added – Torque offers gamers everything from Free to Play mobile games to the highest end simulators. Building on the leading position of Stream Hatchet, a wholly-owned subsidiary, Torque also provides robust esports data and management information to brands, sponsors, and industry leaders. Its tournament organizing arm, UMG, has recently added a digital tournament platform to its portfolio of assets in its ever-growing ecosystem.

For more information, visit www.torqueesport.com.

(PRNewsfoto/Torque Esports Corp.)

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V2X (Vehicle to Everything) and CVIS (Cooperative Vehicle Infrastructure System) Industry 2019-2020 Development Trends, System Solution Providers Report by ReportsnReports

5G+V2X CVIS will be a strong driver for highly automated driving

PUNE, India, March 20, 2020 /PRNewswire/ — The V2X industry is thriving with advances in automotive connectivity, to which great importance has been attached by car producing powers worldwide, and it is vigorously promoted and deployed about which the development plans, laws & regulations, technical criteria and pilot construction are in full swing in different countries.

Till 2025, the intelligent vehicles with…

5G+V2X CVIS will be a strong driver for highly automated driving

PUNE, India, March 20, 2020 /PRNewswire/ — The V2X industry is thriving with advances in automotive connectivity, to which great importance has been attached by car producing powers worldwide, and it is vigorously promoted and deployed about which the development plans, laws & regulations, technical criteria and pilot construction are in full swing in different countries.

Till 2025, the intelligent vehicles with conditional autonomy will be spawned in China, LTE-V2X and other networks will be regionally viable, 5G-V2X will be progressively available on expressways and in some cities, and the high-precision spatial-temporal datum service network will be fully covered, according to the Strategy for Innovative Development of Intelligent Vehicles circulated by National Development and Reform Commission (NDRC) in February 2020. An intelligent vehicle system with Chinese standards will be established between 2035 and 2050.

Browse Complete Report with 290 no. of pages research at https://www.reportsnreports.com/reports/3053745-v2x-vehicle-to-everything-and-cvis-cooperative-vehicle-infrastructure-system-industry-report-2019-2020.html 

Two V2X technology roadmaps prevail worldwide, i.e., IEEE802.11p (DSRC) and C-V2X (Cellular-V2X). Application layer standards are drafted differently by countries.

C-V2X springs up and wins the hearts of industry insiders since it is far superior to DSRC. C-V2X, encompassing LTE-V2X and 5G-V2X, gets energetically promoted in China.

In December 2019, Federal Communications Commission (FCC) passed a resolution with one accord that most spectrums of 5.9GHz band will be reallocated and they will be dedicated for the unlicensed spectrum technology and the C-V2X technology. Over the past two decades, 75MHz in the 5.9GHz band was used for DSRC, but FCC seeking to revise the rules pointed it out that DSRC is at a standstill for many years, particularly in April 2019 when Toyota stopped using DSRC V2X technology.

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5G NR based V2X will boost the development of fully automated vehicles.

C-V2X (incl. LTE-V2X, 5G-V2X) is based on 3GPP specifications. LTE-V2X evolves towards 5G-V2X.

3GPP R14 standards supporting LTE-V2X was issued in 2017; 3GPP R15 standards that support LTE-V2X enhanced (LTE-eV2X) were formally completed in June 2018; 3GPP R16+ standards supportive for 5G-V2X started to be studied in June 2018.

LTE-V2X is designed mainly to enable driver assistance, improve road safety, efficiency and comfort. NR-V2X, a fusion of communication technologies, big data, artificial intelligence, among others, suffice autonomous driving and other new features better. 5G NR V2X standards are rapidly under way and physical layer specifications plan to be nailed down in March 2020.

Among the 25 projects about Rel-17 that were established at the 3GPP RAN Meeting held in Spain in December 2019, a standardization project — 5G new radio sidelink enhancement — will be a souped-up version of Rel-16 NR-V2X sidelink. Also, the technology roadmap of 3GPP 5G 3rd edition (Rel-17) was made explicitly during the Meeting. Noticeably, Chinese operators initiated and joined many projects of criteria constitution about 3GPP RAN R17.

Get Discount on V2X (Vehicle to Everything) and CVIS (Cooperative Vehicle Infrastructure System) Industry Report at https://www.reportsnreports.com/contacts/discount.aspx?name=3053745 

Progress in C-V2X deployment

It is put forward in the Strategy for Innovative Development of Intelligent Vehicles to build a full-fledged intelligent vehicle infrastructure system, including (1) to build smart roads and next-generation national traffic control network, to expedite 5G construction and combination with telematics; (2) to study the licensing of special spectrums for automotive wireless communications, to hasten construction of wireless communication network for automotive use; (3) to accelerate construction of a unified national high-accuracy spatial temporal datum service capabilities by giving full play to the existing Beidou satellite positioning reference station network; (4) to develop the intelligent vehicle maps with unified standards, to build a perfect geographic information system containing road network information, to offer real-time kinematic (RTK) data services; (5) the existing facilities and data resources will be leveraged to build a national intelligent vehicle big data cloud-enabled platform.

5G+V2X, as a crucial infrastructure to autonomous driving, is booming with policy support. V2X started from 2019 to be piloted successively and will be more popular with 5G deployments in 2022. Meanwhile, 5G NR V2X is being tested and certified, setting the stage for large-scale application of intelligent vehicles with higher autonomy in 2025.

The traditional automotive terminals like T-Box are on the brink of a revolution. The automotive TCU (Telematics Control Unit) integrates 4G/5G module, C-V2X module, onboard navigation module and so forth, which means the opportunities and challenges to the providers of both cockpit electronics and conventional telematics.

Huawei Technologies rolled out the C-V2X T-Box compatible with both 4.5G and 5G; PATEO launched 4.5G C-V2X T-box; Neusoft released T-Box 3.0 combining C-V2X, 5G, Ethernet and other technologies; Samsung Harman announced the availability of TCU in-built with cellular NAD and Autotalks’ 2nd-Gen chipset, offering C-V2X capabilities.

Telematics evolves from initially TSP platform to intelligent connectivity platform and then to autonomous driving cloud-enabled platform (cooperative vehicle infrastructure system). 5G T-Box, a portal for big data of intelligent vehicles in future, will be the core product for smart hardware producers. Automakers also have collaborations with Tier 1 suppliers and plan to have the to-be-launched models configured with 5G+V2X successively.

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Perfection of C-V2X industry chain in China

C-V2X industry chain involves communication chip, communication module, terminals & equipment, vehicle manufacturing, test & certification, operation services, etc., where there are many players such as chip vendors, equipment manufacturers, OEMs, solution providers and telecom carriers. In October 2019, C-V2X ‘Four Crosses’ (cross-chip module, cross-terminal, cross-vehicle, cross- safety platform) connectivity demonstrations were successfully held, a full interpretation of C-V2X complete chain technology competences and facilitating further C-V2X deployments at home.

Huawei make great strides in C-V2X and has unveiled C-V2X chip, gateway, T-Box, RSU (Road Side Unit) to end-to-end solutions. In 2019, Huawei launched 5G in-car module MH5000 which is highly integrated with 5G and C-V2X technologies and is packed with 5G baseband chip Balong 5000 with such features as one-core multi-mode, high rates, downlink-uplink decoupling, support of SA (5G standalone) and NSA (5G non-standalone) dual-mode network, support of C-V2X, to name a few.

Another Related Research Report «The V2X (Vehicle-to-Everything) Communications Ecosystem: 2019 – 2030 – Opportunities, Challenges, Strategies & Forecasts» – The «V2X (Vehicle-to-Everything) Communications Ecosystem: 2019 – 2030 – Opportunities, Challenges, Strategies & Forecasts» report presents an in-depth assessment of the V2X ecosystem including market drivers, challenges, enabling technologies, application scenarios, use cases, business models, key trends, standardization, spectrum availability/allocation, regulatory landscape, V2X deployment case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts from 2019 till 2030. The forecasts cover four submarkets, two air interface technologies, 10 application categories and five regions. Order a Copy of this Research Report at https://www.reportsnreports.com/purchase.aspx?name=2058475 

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Changan automobile UNI-T stunningly debut with astonishing design and high-intelligent technology

CHONGQING, China, March 19, 2020 /PRNewswire/ — Recently, China-based automaker Changan Automobile’s new model UNI-T made its formal worldwide debut, leveraging several futuristic technologies in tandem with a unique, avant-garde look. The model aroused heated debates with its AI-chip intelligent vehicle system, L3 autonomous driving system, which further demonstrates the carmaker’s adoption of futuristic technologies and provide consumers with a smarter and superior…

CHONGQING, China, March 19, 2020 /PRNewswire/ — Recently, China-based automaker Changan Automobile’s new model UNI-T made its formal worldwide debut, leveraging several futuristic technologies in tandem with a unique, avant-garde look. The model aroused heated debates with its AI-chip intelligent vehicle system, L3 autonomous driving system, which further demonstrates the carmaker’s adoption of futuristic technologies and provide consumers with a smarter and superior driving experience.

Changan UNI-T instantly stunned the car industry as soon as its debut at the live launch. In terms of aesthetics, the UNI-T has broken the boundary of the traditional look and feel, creating an exciting «fashion-forward» design for the front of the vehicle by way of a borderless grid. The trapezoid-cut diamond look of the front end forms the basic concept around which the silhouette of the entire vehicle evolves, forming an integrated whole. The handles are hidden on the front and rear doors, perfectly blending into the motion and tension of the body curve, and the V-shape tail wing yields an eye-catching design that combines both aesthetics and functionality.

Changan UNI-T also balances technologies with simplicity in the interior design. The integrated dual 10.25-inch high-definition touch screen, along with the simple button layout and smart central control line, delivers an aesthetically pleasing interface for the operation. The horizontal shift handle, modeled on the design of the spaceships of the future, gives a full scientific styling mixed with advanced principles.

Changan UNI-T’s intelligent vehicle system, equipped with an AI chip coupled with the fatigue and facial recognition system for the driver, enables a more precise, efficient and comfortable human-computer interaction. Based on a deep understanding of driver expectations, it gives everyone the feeling of futuristic science fiction, which will appeal to the new-generation young consumers.

Once autonomous driving becomes a reality in China, Changan plans to fully introduce the L3 self-driving system into the UNI-T model and expects to lead the way in going intelligent across China’s auto industry.

Changan UNI-T, one of the most intelligent and technologically advanced SUVs in the Chinese auto markets, with a high level of expectation that will prove to be highly popular among young consumers.

Goodix’s Innovative Automotive Fingerprint Authentication Solution Achieves Large-Scale Commercialization

SHENZHEN, China, March 18, 2020 /PRNewswire/ — Today Goodix’s fingerprint authentication solution for automobile makes its first public appearance with the commercialization on Lynk & Co 05. Based on the forward-looking trends in automotive applications, Lynk & Co demonstrates various premium high-tech designs on its all-new coupe SUV. Among which, Goodix’s automotive fingerprint authentication solution enables secured identification in the vehicle with a one-press log-in and access to…

SHENZHEN, China, March 18, 2020 /PRNewswire/ — Today Goodix’s fingerprint authentication solution for automobile makes its first public appearance with the commercialization on Lynk & Co 05. Based on the forward-looking trends in automotive applications, Lynk & Co demonstrates various premium high-tech designs on its all-new coupe SUV. Among which, Goodix’s automotive fingerprint authentication solution enables secured identification in the vehicle with a one-press log-in and access to customized driver profiles, settings, and smart locks. Further applications of this innovative solution are expected in Internet of Vehicles (IoV), car alarm system, and more as the evolutions of technologies in automobiles continue.

Goodix’s automotive fingerprint solution enables a smarter driver experience in Lynk & Co 05. On one hand, it allows a one-touch identification in the infotainment system to automatically adjust rearview mirrors, seats, lighting, air conditioning, digital cockpit, security, and system parameters to a combination of preset settings, which delivers a seamless personalized experience for drivers by eliminating the traditional cumbersome adjustment process. On the other, the fingerprint authentication serves as a secure access to the glove compartment and trunk, prioritizing users’ privacy and security concerns. This solution also supports multiple user accounts to meet the needs of different car sharing scenarios.

Quality technological innovations for automobiles meet stringent requirements on their reliability. With years of R&D in the field of automotive electronics, Goodix is able to offer a complete hardware and software fingerprint authentication solution for automobile and original equipment manufacturers. Qualified for industry standard specifications AEC-Q100 and IATF 16949 in chip design, production, and packaging testing, Goodix’s solution can ensure quality and stable fingerprint authentication performance in spite of severe environmental impacts of temperature, humidity, electromagnetic, and more.  

«Automobile intelligence is a rising trend,» says Dr. Bo Pi, CTO of Goodix. «We will continue to leverage our leading technological advantages in the fields of human interface, biometrics, and the Internet of Things to jointly innovate with renowned automobile customers. Together we will advance innovative applications for connected and smart vehicles, serving to deliver more secure, convenient, and intelligent driving experiences to global consumers.»

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