StradVision is a Korean self-driving software development company that makes AI-based camera perception solutions for autonomous vehicles and ADAS systems. The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. StradVision patents focus on autonomy
Stradvision develops camera-based software technologies to equip automotive manufacturers with robust and flexible ADAS and making self-driving vehicles approachable, reliable, and viable to everyone. The company is currently valued at $42.2 million with its offices operational in the USA and South Korea. It is currently working on a number of
Tesla Motors is ranked as the world’s best-selling plug-in and battery electric passenger car manufacturer. It owns a market share of 16% of the plug-in segment (which includes hybrids) and 23% of the total electric segment 2020 sales. Apart from electric cars and batteries, through its subsidiary SolarCity, Tesla develops
Argo AI develops sensors, software, cloud infrastructure, and high-definition maps for autonomous vehicles. The start-up was established in 2016 in Pennsylvania by Brian Salesky (previously director of hardware development at Waymo) and Peter Rander (previously engineering lead at Uber ATG). In 2017, within 6 months of its inception, Ford Motors
The global vehicle control unit (VCU) market is forecasted to grow at 17.1% CAGR to reach $10.4 billion in 2027 from $2.1 billion in 2019. Advancement in-vehicle electronics technologies are going to drive the market which will create opportunities for players in the market to expand their revenue and market.
The U.S is one of the Biggest Market for Automotive industry. As per Mordor intelligence, there will be 20 million autonomous vehicles by 2030 in operation in the U.S. There is a lot of competition in front of US automobile players. European and Japanese players like Audi, Toyota, and BMW are
The North American market is the largest automotive ancillary market followed by the APAC region. Patent filings in the US automotive ancillary industry have been following an uprising trend since 2010 after a dip due to the 2008 recession. Growing demand for high energy density batteries, low copper brake pads,
Stringent regulations by government and increasing environmental awareness of consumers are shifting demand toward propulsion systems other than ICEs. Though green propulsion is going to be the future, due to a sense of security and control, consumers’ preferences are still aligned to internal combustion engines. Automakers, hence, are working on
Foreign vehicle manufacturers are producing and selling more vehicles than their American domestic counterparts. Not only has this, their imports and contribution to the patent filing been increasing as well. In the last 5 years, domestic automotive players are contributing less than 45% in the total patent filings. Meanwhile, the
The top 10 patent filers for the automotive industry have been the same from 2007-16. This indicates their strong foothold on the market and also the fact that innovation in the automobile industry has been aggressive. All the top 10 Automotive Industry patent filers have increased their patent portfolio by
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