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I S S U E<br />
01<br />
J a n u a r y<br />
2 0 1 5<br />
<str<strong>on</strong>g>News</str<strong>on</strong>g> <strong>on</strong> <strong>Wheels</strong><br />
MONTHLY NEWSLETTER – AUTOMOTIVE SECTOR<br />
Around 1.24 Milli<strong>on</strong> pers<strong>on</strong>s succumb in road accidents globally each year due to faulty airbag systems or as a<br />
result of absence of early-warning systems in passenger cars and other vehicles each year.<br />
Source: World Health Organizati<strong>on</strong><br />
This Issue:<br />
Technology Taking the Wheel P.2<br />
Passive & Active Safety Systems P.3<br />
In The <str<strong>on</strong>g>News</str<strong>on</strong>g>P.4<br />
Acquisiti<strong>on</strong>s & Mergers P.4<br />
ROAD MISHAPS TO TAKE BACK SEAT<br />
AS TECHNOLOGY TAKES THE WHEEL<br />
Going by World Health Organizati<strong>on</strong> (WHO) details,<br />
around 1.24 Mn pers<strong>on</strong>s succumb in road accidents<br />
globally each year. In 2010, various governmental<br />
bodies across the globe declared 2011–2020 the<br />
Decade of Acti<strong>on</strong> for Road Safety. Road safety was<br />
recognised in global envir<strong>on</strong>mental policy deliberati<strong>on</strong>s<br />
at the Rio+20 United Nati<strong>on</strong>s C<strong>on</strong>ference <strong>on</strong><br />
Sustainable Development in June 2012.<br />
Various government regulati<strong>on</strong>s are being<br />
implemented to promote road/vehicle safety. As a<br />
Currently, safety systems top the list of customer’s<br />
demands while deciding which vehicle to purchase.<br />
Systems making driving safer. Safety systems have<br />
evolved from merely protecting drivers and passengers<br />
from sustaining severe injuries in the event of an<br />
accident, to systems capable of warning drivers of<br />
potential dangers <strong>on</strong> the road in advance. Growing<br />
awareness of the various advantages these safety<br />
systems offer is growing globally, and this is <strong>on</strong>ly<br />
expected to increase exp<strong>on</strong>entially over the next few<br />
result, Original Equipment Manufacturers (OEMs) in<br />
years. Currently, safety systems top the list of<br />
2015 CES: What A Show!<br />
•Hyundai Showcases Hand-Gesture<br />
Recogniti<strong>on</strong> Technology<br />
•Delphi Releases Interactive ADAS<br />
•NVIDIA’s DRIVE PX ADAS Launched<br />
•Merc’s Gesture-operated Cars<br />
•Hand Gestures C<strong>on</strong>trol Infotainment<br />
System VW’s Golf R Touch C<strong>on</strong>cept Car<br />
•Delphi’s Interactive ADAS Makes Waves<br />
Some Upcoming Events In Automotive Sector<br />
• 85th Geneva Internati<strong>on</strong>al Motor Show, 5 – 15 March 2015, Geneva,<br />
Switzerland<br />
• FISITA Patr<strong>on</strong>age APAC 18, 10 – 11 March 2015, Melbourne, Australia<br />
• Fuel Systems for IC Engines: Inject Your Ideas, Fuel Your Technology, 10<br />
– 11 March 2015, L<strong>on</strong>d<strong>on</strong>, United Kingdom<br />
• 21st Internati<strong>on</strong>al Symposium <strong>on</strong> Alcohol Fuels 10 - 14 March 2015,<br />
Gwangju, Korea<br />
• Formula E - Miami, USA, 14 March 2015, Miami, United States<br />
To know more about us, please visit our website: www.futuremarketinsights.com<br />
For sales queries or new topics email us <strong>on</strong>: sales@futuremarketinsights.com<br />
For other queries c<strong>on</strong>tact: Hari. T (Sr. Manager - Global Business Development)<br />
Future Market Insights: 3rd Floor, 207 Regent Street, L<strong>on</strong>d<strong>on</strong> W1B 3HH<br />
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268<br />
Email: hari.t@futuremarketinsights.com<br />
Soluti<strong>on</strong>s For<br />
A Safer Drive<br />
Safety systems have evolved<br />
from merely protecting drivers<br />
and passengers from<br />
sustaining severe injuries in<br />
the event of an accident, to<br />
systems capable of warning<br />
drivers of potential dangers <strong>on</strong><br />
the road in advance.<br />
Following the Norms<br />
Stringent implementati<strong>on</strong> of<br />
specific regulati<strong>on</strong>s and roadsafety<br />
initiatives by<br />
governments of various<br />
countries is driving growth of<br />
the automotive safety systems<br />
market worldwide.<br />
the automotive sector are investing substantially in<br />
Research and Development (R&D) activities related to<br />
vehicle safety systems to ensure driver and passenger<br />
safety in vehicles.<br />
Intelligent Soluti<strong>on</strong>s<br />
New intelligent vehicle technologies have certainly<br />
made cars safer than ever before. Over the past few<br />
years, vehicle safety systems have c<strong>on</strong>tributed<br />
tremendously in reducing fatalities and injuries to<br />
drivers and passengers involved in road accidents.<br />
Electr<strong>on</strong>ic stability c<strong>on</strong>trol, warning & emergency<br />
braking systems, blind spot m<strong>on</strong>itoring and lane<br />
support systems are some technology-related safety<br />
Systems making driving safer. Safety systems have<br />
evolved from merely protecting drivers and passengers<br />
from sustaining severe injuries in the event of an<br />
accident, to systems capable of warning drivers of<br />
potential dangers <strong>on</strong> the road in advance. Growing<br />
awareness of the various advantages these safety<br />
systems offer is growing globally, and this is <strong>on</strong>ly<br />
expected to increase exp<strong>on</strong>entially over the next few<br />
years.<br />
customer’s demands while deciding which vehicle to<br />
purchase.<br />
Types of Safety Systems<br />
Safety systems can be classified into passive and<br />
active safety systems. The passive safety system<br />
helps to reduce injuries during road accidents, while<br />
the active safety system helps to avoid potential<br />
accidents. While active and passive safety systems are<br />
popular in both, the premium and luxury cars<br />
segments, penetrati<strong>on</strong> of the passive safety system is<br />
comparatively higher in mid-segment cars. Active<br />
safety systems also come with additi<strong>on</strong>al features such<br />
as lane assist, automatic parking assistance, electr<strong>on</strong>ic<br />
stability c<strong>on</strong>trol and more comfort-oriented<br />
applicati<strong>on</strong>s.<br />
Specifics and Initiatives<br />
The popularity of active safety systems is increasing<br />
globally, owing to the implementati<strong>on</strong> of specific<br />
regulati<strong>on</strong>s and road-safety initiatives being<br />
undertaken by governments of various countries. The<br />
global automotive active safety systems market is<br />
expected to grow two-fold between 2015 and 2020.<br />
Nitin Partkar, FMI