Chip manufacturers are actively contributing to the actualization of self-driven vehicles.
FREMONT, CA: People might believe that it will take longer to own a truly self-driving car. However, chipmakers might have a different plan altogether. According to Electronic Design, actualizing the vision of the self-driving car is one of the most ambitious research and development undertakings of the semiconductor industry. The largest suppliers of semiconductors for the automotive industry are lacing up with the latest technologies as part of the preparation for autonomous vehicles. Here is an evaluation of how the semiconductor industry will contribute to the battle for autonomous vehicles.
Chipmakers are the ‘working minds’ behind self-driving cars right now. Thus, the automotive sector is becoming a new agenda for semiconductor players. The analysis conveys that the number of chips going into cars is gradually increasing and it could explode with the proliferation of 5G connectivity, and the advent of self-driving cars. According to an estimate, the automotive semiconductor industry has totaled $37.5 billion in the previous year and will touch $58 billion in 2024.
The increasing numbers of internet-connected functionalities in self-driving cars are contributing to the demand for more chips. Experts say that virtualization will classify the winners for system design in autonomous vehicles. Autonomy depends on the ability of vehicles to gather information from sensors and make key decisions quickly and accurately. Therefore, the integration of modern semiconductor technology is an essential aspect for the industry to move ahead.
The autonomous features of vehicles can be attributed to chips that provide the vehicle with eyes in the form of sensors and cameras. Key players in chip-manufacturing are also contributing to this application of semiconductors in autonomous vehicles to provide self-driving cars with a camera that can account for full self-driving and advanced driver-assistance systems. Meanwhile, the evolving artificial intelligence (AI) chips are also propelling the advancements of autonomous vehicles. Although AI chips are not much advanced at present, they are expected to leverage semiconductors to enhance the performance of self-driving cars in the near future.