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Worldwide Automotive Sensors Industry to 2030 - Rising Demand for ADAS Systems and Autonomous Vehicles Presents Opportunities
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Automotive Steering Angle Sensor Market Forecast to 2027 - Delphi Auto Parts, Hella GmbH and Co. KGAA, Hirain Technologies Co., NXP Semiconductors, Robert Bosch GmbH
iCrowd Newswire
04 May 2021, 21:09 GMT+10
An automotive steering angle sensor is a critical part of ESC as it measures the steering position angle and rate of turn. The growing popularity of autonomous vehicles and advancements in technologies are the major factors that are expected to drive the growth of the automotive angle steering sensors market. The automotive angle steering sensor market is highly competitive with the presence of some of the prominent players operating in the market, such as Robert Bosch GmbH, TE Connectivity, and Delphi, among others.
Shares of
CF Finance Acquisition III (NASDAQ:CFAC) were trading lower on Wednesday after the special purpose acquisition company (SPAC) announced that it has struck a deal to merge with lidar maker AEye.
As of noon EST, CF Finance Acquisition III s shares were down about 17.1% from Tuesday s closing price.
So what
Here s the background. California-based AEye was started in 2013 by Luis Dussan, an engineer who had worked for years on targeting systems for military fighter jets. Of note, these are artificial intelligence-based systems that have to be able to see, identify, and respond to objects very quickly.
Dussan (now president and chief technology officer) and his team have applied that kind of thinking to lidar-based systems for cars. AEye s offering isn t just lidar hardware, it s a whole machine-learning sensor system that is designed for vehicles using advanced driver-assist systems and (in time) autonomous vehicles as well.