Sensors Clean, The Market Is Vast

This paper discusses advanced driver assistance systems (ADAS) and its development in intelligent driving. ADAS uses a variety of sensors to collect environmental data inside and outside the car, and through object recognition, detection and tracking and other processing technologies, provides drivers with the fastest detection of potential hazards, thereby improving driving safety. With the rapid development of intelligent driving, cars are moving towards securely connected autonomous robots that enable environmental awareness and planning decisions, and ultimately reach their destination safely. This paper introduces the mainstream sensor products, including LiDAR, millimeter wave radar, ultrasonic radar and camera, and points out that the integration of ADAS will drive the development of the sensor market. The authors point out that with the increase of ADAS penetration, the sensor market size will further expand. In addition, the article also discusses that the arrival of L3+ autonomous driving will drive the growth of the sensor cleaning product market, because L3 level autonomous vehicles require more sensors, and therefore the cleaning demand for sensor lenses is stronger. Finally, the authors predict the potential size of the market for intelligent driving sensor cleaning products when global L3+ vehicle sales reach a certain level. Taken as a whole, the ADAS and intelligent driving sectors offer tremendous opportunities and growth for the application and development of sensor technology.

Advanced Driver Assistant System (ADAS), referred to as ADAS, is the use of a variety of sensors installed on the car, in the first time to collect environmental data inside and outside the car, static, dynamic object identification, detection and tracking and other technical processing, Active safety technology that allows drivers to detect possible hazards in the fastest time to attract attention and improve safety.With the development of intelligent driving, the car is rapidly evolving into a secure, networked autonomous driving robot, making environmental awareness, planning decisions, and ultimately achieving a safe destination. 

At present, the mainstream sensor products used in environmental perception mainly include Lidar, millimeter wave radar, ultrasonic radar and camera.ADAS is driving the sensor market by integrating multiple sensors. With the increasing proportion of smart cars in the future, the ADAS market will accelerate growth. According to Goldman Sachs Global Investment Research, the daily penetration rate in Europe and the United States is only 8% to 12%. According to the estimation of Geishi Automotive Research Institute, the penetration rate of ADAS in China is about 2%-5%; Judging from the life cycle, ADAS has realized the leap from the introduction period to the growth period. Overall, under the wave of intelligent driving and driverless driving, the level of automobile electronization and intelligence continues to improve, and ADAS has great room for growth. With the increase of ADAS penetration, the market size of sensors in the future will be further expanded.The large number of applications of sensors will also give rise to new industrial progress.In the near future, L3+ autonomous driving is about to land, which will give birth to tens of billions of market space for sensor cleaning products. Compared with L2, L3 has the following characteristics: 1) L3 level of automatic driving. Higher; 2) The L3 system provides a wider range of perception and a higher level of driver assistance functions; 3) Less driver involvement in L3 systems. 4) L3 level sensor usage is more. 

Generally, the L2 level is equipped with 5-8 cameras, and the L3 level is equipped with 8-16 cameras and 1-3 liDAR.L3 level sensor usage is more, the demand for lens cleaning will be more vigorous, intelligent driving sensor cleaning system is expected to become a new growth point. The value of intelligent driving sensor cleaning products is about 1000 yuan, and the core components are intelligent cleaning pumps, for example: traditional car cleaning pumps are usually single-pass or double-pass cleaning pumps, which are only used for front and rear windscreens and headlights cleaning, and a single value is about 100 yuan; L3 level self-driving cars generally have 10-12 external sensor Windows that need to be cleaned, and the price of a single intelligent cleaning pump is about 200-300 yuan.According to Sinolink Securities, when the global L3+ car sales reach 53.19 million, the corresponding global intelligent driving sensor cleaning product market space is about 19.4 billion yuan. At present, the industry is in its infancy, the domestic and foreign market space is broad, domestic enterprises have begun the research and development of intelligent driving sensor cleaning system, and the head enterprise has entered the small batch sample delivery and road test stage