Mobileye To Fuel Intel’s Stake In Autonomous Vehicles Market

Intel acquired Israeli company, Mobileye to escalate competition Advanced Driver Assisted Systems (ADAS) market.

United States: Intel acquired Autonomous vehicles camera and sensor maker Mobileye for USD13.3B. Both companies have collaborated many times during the past, and recently came together to aid BMW build Autonomous cars, and by the year 2021 put the cars on the road.

A leader in semiconductor chips, Intel has suffered from decreasing demand for PCs and others, which has forced the company to undergo a massive layoff program, leaving over 12,000 people without a job. This has leading the company towards investing in the Next Best Thing and to focus on capturing a vital part of Advanced Driver Assisted Systems (ADAS) market before it becomes stagnate with presence of too many players.

Intel acquisition of Mobileye will help the company in integrating software and vision silicon with its CPUs to boost the development of HUD for ADAS and self-driving cars, and will also intensify competition in the Artificial Intelligence market as Intel’s counterparts NVIDIA, Xilinx and Qualcomm are already providing machine learning and sensor fused devices coupled with the CPUs of the respective companies to automobile manufacturers.

TechSci Research depicts that the acquisition strategies being implemented by global giant such as Intel for adding visual sensors, etc. to their operational capabilities is increasing the intensity of competition in the HUD display market worldwide and is expected to drive the market in the next few years. In addition, the companies investing in the development of autonomous driving cars and machine learning in US is expected to fuel the market of AI in the country.

According to report published by TechSci Research, “Global Head-up Display Market By Technology, By Component, By End User, Competition Forecast and Opportunities, 2011 - 2021”, global head-up display market is projected to grow at a CAGR of over 20% during 2016-2021. Defense and automotive sectors were the major demand generators for head-up displays across the globe, owing to rising demand for deploying latest technology in military aircrafts and increasing need for road safety among passengers.

According to report published by TechSci Research, “United States Artificial Intelligence Market, By Application, By Region, By End User Competition Forecast & Opportunities, 2011-2021”, the market for artificial intelligence in the US is projected to grow at a CAGR of around 75% during 2016 - 2021. Growing trend of integration of video surveillance with artificial intelligence for video analysis, coupled with rising government spending on cyber security solutions integrated with real time analytics and artificial intelligence is expected to boost artificial intelligence market in the United States over the next five years.