
The automobile industry is experiencing an enormous digital makeover, as most of the leading automakers are investing considerable resources on R&D of vehicle automation to meet the changing demands and to enhance the driving experience of customers. Next-generation automobiles include speech recognition, audio/video sensing, GPS and radar capabilities, advanced driver assistance system, next level security & safety and IC-integrated LED front lighting features. Today, automakers are developing and implementing complex technologies, such as wireless charging capabilities, back-up cameras, blind spot awareness, lane change assist systems and many others. Among these advanced technologies, vehicle-based intelligence systems are gaining traction among vehicle users across the globe. These factors are expected to create new business opportunities for lane change assist systems providers across the globe.