The Beginning of Autonomous Vehicles
Ever since we have started thinking of the far future, autonomous vehicles have been top of the list of technologies that we envision. Even back in the 1960s people imagined a world where we could be driven around by our cars instead of driving the car ourselves. With modern technology, not only is that already a reality, it is becoming more advanced and efficient every year. It is no longer a hope for the future, autonomous vehicles are now a reality of the present.
Israel’s Contributions to Autonomous Vehicles
Year over year growth of autonomous technologies and the sensors behind it, is continuing to increase. The market size of sensors and autonomous technology in Israel is expected to reach over $140 million in 2024. This is just the beginning of this advancement in the Israeli economy. Not only are they already a major contributor to the global market, they will continue to be for the foreseeable future with an expected “annual growth rate (CAGR 2024-2030) of 13.75%, resulting in a market volume of US$303.70m by 2030.” Below are some of the companies contributing to this expected growth:
- Recently acquired by Intel, Mobileye is a technology company that specializes in the development of vision-based advanced driver-assistance systems (ADAS) providing warnings for collision prevention and mitigation.
- Carteav is a developer of electric low-speed vehicles, designed for golf courses. The company offers autonomous driverless vehicles, which reduce complexity, cost and regulatory issues that can be resolved to enable safety, autonomous wireless charging of vehicles at golf courses.
- BrightWay Vision is developing a night-vision technology to make driving easier and safer by monitoring the forward environment facing the vehicle, allowing the driver, with assistance from the active safety systems, an opportunity to avoid an accident.
- Cognata is a developer of a virtual reality-based driving validation platform, designed to transform the autonomous vehicle industry. The company’s platform uses computer vision and deep learning algorithms to automatically generate a detailed city simulator at scale, enabling autonomous car manufacturers to run thousands of different scenarios, based on various geographic locations, driver behavior and road sharing in less time.
- Helping lead the way into autonomous driving, RadSee developed the first 4D imaging radar for the automotive industry delivering outstanding performance AND low cost. The radar’s unique architecture uses off-the-shelf components and patented technology to provide industry-leading performance and the flexibility to fit into existing Tier 1 and OEM systems, at a cost that allows for large-scale adoption into ADAS and autonomous driving systems.
For more information please reach out to Pablo.Avaria@israeltrade.gov.il
israeltrade.org.au 