Global Automotive Traffic Sign Recognition Market 2017-2021

  • ID: 4430351
  • Report
  • Region: Global
  • 71 pages
  • TechNavio
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FEATURED COMPANIES

  • Autoliv
  • Continental
  • Delphi Automotive
  • Elektrobit
  • Itzel
  • Mobileye
  • MORE
About Automotive Traffic Sign Recognition

Traffic sign recognition allows vehicles to recognize traffic signs and signals and updates the driver about information such as speed limits. It uses the same camera as the advanced driver assistance system (ADAS) and has a high-performance software that recognizes traffic signs. The system senses the traffic signs through the image data captured by the camera and displays them on the dashboard or display panel. It can also compare the speed indicated on the recognized traffic sign with that of the vehicle through a controller area network (CAN) and alert the driver.

The analysts forecast the global automotive traffic sign recognition market to grow at a CAGR of 32.03% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive traffic sign recognition market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Automotive Traffic Sign Recognition Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • Continental
  • Daimler
  • Delphi Automotive
  • Mobileye
  • ZF Friedrichshafen
Other prominent vendors
  • Autoliv
  • DENSO
  • Elektrobit
  • Ford Motor Company
  • Itzel
  • Magna International
  • Toshiba
Market drivers
  • Adoption of autonomous vehicle
  • For a full, detailed list, view the full report
Market challenges
  • Reading the signboards in harsh weather and obstruction before traffic signs
  • For a full, detailed list, view the full report
Market trends
  • Use of HDR cameras and Ethernet-based ADAS
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Autoliv
  • Continental
  • Delphi Automotive
  • Elektrobit
  • Itzel
  • Mobileye
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Automotive traffic sign recognition
  • Regulatory framework
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Market overview
  • Global automotive traffic sign recognition market by passenger cars
  • Global automotive traffic sign recognition market by commercial vehicles
PART 07: Geographical segmentation
  • Automotive traffic sign recognition market in EMEA
  • Automotive traffic sign recognition market in Americas
  • Automotive traffic sign recognition market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Use of HDR cameras and Ethernet-based ADAS
  • Price fall in ADAS subsystems to help OEMs and consumers
  • Integration of traffic sign recognition with autonomous vehicles
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Bosch
  • Continental
  • Daimler
  • Delphi Automotive
  • Mobileye
  • ZF Friedrichshafen
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global automotive traffic sign recognition market: Overview
Exhibit 02: Global automotive traffic sign recognition market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global automotive traffic sign recognition market segmentation by application 2016
Exhibit 05: Global automotive traffic sign recognition market segmentation by application 2021
Exhibit 06: Global automotive traffic sign recognition market segmentation by application ($ billions)
Exhibit 07: Global automotive traffic sign recognition market for passenger cars 2016-2021 ($ billions)
Exhibit 08: Global automotive traffic sign recognition market for commercial vehicles 2016-2021 ($ billions)
Exhibit 09: Global automotive traffic sign recognition market segmentation by geography 2016 (%)
Exhibit 10: Global automotive traffic sign recognition market segmentation by geography 2021 (%)
Exhibit 11: Global automotive traffic sign recognition market segmentation by geography 2016-2021 (%)
Exhibit 12: Automotive traffic sign recognition market in EMEA 2016-2021 ($ billions)
Exhibit 13: Global automotive traffic sign recognition market in Americas 2016-2021 ($ billions)
Exhibit 14: Global automotive traffic sign recognition market in APAC 2016-2021 ($ billions)
Exhibit 15: Bosch: Business segmentation by revenue 2016 (%)
Exhibit 16: Bosch: Geographic segmentation by revenue 2016 (%)
Exhibit 17: Bosch: Recent developments
Exhibit 18: Continental: Business segmentation by revenue in 2016 (%)
Exhibit 19: Continental: Geographic segmentation by revenue 2016 (%)
Exhibit 20: Continental: Recent developments
Exhibit 21: Daimler: Business segmentation by revenue 2016 (%)
Exhibit 22: Daimler: Geographical segmentation by revenue 2016
Exhibit 23: Daimler: Recent developments
Exhibit 24: Delphi Automotive: Geographical segmentation by revenue 2016 (%)
Exhibit 25: Delphi Automotive: Recent developments
Exhibit 26: Mobileye: Business segmentation by revenue 2016 (%)
Exhibit 27: Mobileye: Geographical segmentation by revenue 2016
Exhibit 28: Mobileye: Product portfolio
Exhibit 29: Mobileye: Recent developments
Exhibit 30: ZF Friedrichshafen: Geographical segmentation by revenue 2016
Exhibit 31: ZF Friedrichshafen: Recent development
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FEATURED COMPANIES

  • Autoliv
  • Continental
  • Delphi Automotive
  • Elektrobit
  • Itzel
  • Mobileye
  • MORE
New Report Released: - Global Automotive Traffic Sign Recognition Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive traffic sign recognition market: Bosch, Continental, Daimler, Delphi Automotive, Mobileye, and ZF Friedrichshafen.

Other Prominent Vendors in the market are: Autoliv, DENSO, Elektrobit, Ford Motor Company, Itzel, Magna International, and Toshiba.

Commenting on the report, an analyst from the research team said: “One trend in the market is use of HDR cameras and Ethernet-based ADAS. A traffic sign has various emitter segments that operate at various frequency levels. Sometimes capturing the composite images by cameras that are installed in automotive vehicles may be difficult. This may arise due to capturing successive frames when the vehicle is in motion.”

According to the report, one driver in the market is adoption of autonomous vehicle. Companies such as Continental, Bosch, Audi, Google, Delphi, and Mercedes-Benz are working toward enhancing the autonomous driving concept. Self-driving cars can be a reality toward the end of the forecast period. The author believes that the move toward self-driving or autonomous vehicles will fuel the automotive traffic sign recognition market. The adoption of autonomous vehicles can save users' travel time, which can be put into other activities. The global average commute time one way has increased from 40 minutes in 2005 to 50 minutes in 2015.

Further, the report states that one challenge in the market is reading the signboards in harsh weather and obstruction before traffic signs. The visibility of traffic signs may be affected during harsh weather, such as fog and snow. This can also bring down the efficiency of traffic sign recognition. The lighting conditions may also vary in different regions and throughout the day as per the time of the year and weather conditions. This poses a challenge to traffic sign recognition and hinders precise detection. Also, factors such as faded signs, motion blur, lousy lighting geometry, and the presence of obstacles in front of traffic signs can fail the purpose of traffic sign recognition. Sometimes, trees or buildings near traffic signs may hide them fully or partially and act as obstacles to recognition.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Bosch
  • Continental
  • Daimler
  • Delphi Automotive
  • Mobileye
  • ZF Friedrichshafen
  • Autoliv
  • DENSO
  • Elektrobit
  • Ford Motor Company
  • Itzel
  • Magna International
  • Toshiba
Note: Product cover images may vary from those shown
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