Latest news with #RobertBosch
Entrepreneur
7 days ago
- Automotive
- Entrepreneur
Tata Electronics & Bosch Inks Pact For Key Tech Products
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Tata Electronics, an Indian electronics and semiconductor manufacturing company, and Robert Bosch GmbH, a global supplier of technology and services, announced a Memorandum of Understanding (MoU) to collaborate on several key areas within the electronics and semiconductor industries. The MoU is to collaborate on chip packaging and manufacturing at Tata Electronics' upcoming assembly and test unit in Assam and foundry in Gujarat. A secondary exploration field is identifying and pursuing local projects within electronic manufacturing services (EMS) for vehicle electronics with mutual benefit to both companies. This partnership will focus on key technology products for advanced automotive electronics. Dr. Randhir Thakur, CEO and MD of Tata Electronics, said, "We are excited to partner with Bosch to help Bosch create a robust and reliable supply chain for key technology products. This partnership is well-aligned with our commitment to help create a holistic semiconductor and electronics ecosystem in India, with offerings that resonate with customers around the world. Most importantly, our collaboration is yet another significant step towards creating a leadership position for the Indian electronics manufacturing sector on the global stage." "Bosch recognises the increasing demand for advanced automotive electronics and their critical role in shaping the future of mobility. To address the growing needs and foster supply chain resilience, Bosch is pleased to foster partnership with Tata Electronics, a key player and innovation leader in the Indian market. This move signifies Bosch's and Tata Electronics' commitment to local collaboration and acknowledges the strategic importance of the burgeoning automotive sector in India," said Dirk Kress, executive vice president semiconductor operations, Robert Bosch GmbH. The MoU was signed by Dr Randhir Thakur, CEO and MD, Tata Electronics, and Dirk Kress, executive vice president semiconductor operations, Robert Bosch GmbH. Tata Electronics set up its semiconductor assembly & test, foundry, and design services in 2020 as a greenfield venture of the Tata Group, the company aims to serve global customers through integrated offerings across electronics and semiconductor value chain.
Yahoo
30-05-2025
- Automotive
- Yahoo
ADAS Markets: Camera Units, LiDAR, Radar Sensors, Ultrasonic Sensors, ACC, AEB, LDW, IPA, BSD, L1, L2, L3, L4, L5 - Global Forecast to 2032
The shift towards software innovation, edge computing, AI, ML, IoT, and big data analytics are key drivers, enhancing ADAS functionality and safety. The battery electric vehicle (BEV) and passenger car segments are expected to lead, driven by policy incentives and increasing safety standards. Regions like Europe are pivotal, with stringent emission regulations shaping the market. Key players such as Robert Bosch and Continental AG dominate, with OEMs like BMW and Tesla pushing innovations. This detailed market analysis offers insights into competitive landscapes, opportunities, and trends, crucial for industry stakeholders. Dublin, May 30, 2025 (GLOBE NEWSWIRE) -- The "ADAS Market by Hardware Offering (Camera Units, LiDAR, Radar Sensors, Ultrasonic Sensors), Software Offering, System Type (ACC, AEB, LDW, IPA, BSD), Vehicle Class, Vehicle Type, EV Type, Level of Autonomy (L1, L2, L3, L4, L5), and Region - Global Forecast to 2032" has been added to offering. The ADAS market is projected to expand from 359.8 million units in 2025 to 652.5 million units by 2032, advancing at a CAGR of 8.9% The industry is undergoing strategic transformation with a rising focus on software innovation characterized by user-friendly interfaces, over-the-air updates, and data analytics to enhance system performance. Advancements in edge computing have propelled local data processing by vehicle cameras and sensors, enabling swift decision-making and uninterrupted functionality where connectivity may be constrained. Moreover, the integration of ADAS with AI, ML, IoT, and big data analytics is spurring the evolution of smarter, adaptive systems. As safety regulations tighten and consumer demand for safer transportation grows, the commercial vehicle segment is set for substantial growth, as ADAS solutions contribute to driver safety and accident reduction. The battery electric vehicle (BEV) is projected to hold the largest share of the ADAS market by electric vehicle type during the forecast period The BEV segment, expected to lead in market share by volume, benefits from declining EV battery costs, range enhancements, and the rapid growth of global EV charging infrastructure. Governments in India, China, the US, and Europe are encouraging this shift through subsidies and incentives for EV purchases and charging infrastructure development. Such measures include tax rebates, EV infrastructure grants, and reduced import duties. Prominent OEMs like BMW, BYD, Mercedes-Benz, Audi, and Ford are introducing electric vehicles with enhanced safety and driver assistance features. Notably, Ford's 2025 Capri EV includes lane departure warning, lane keeping assist, blind spot detection, traffic sign recognition, and automatic parking features. In February 2025, BYD (China) launched its 'God's Eye' driving assistance system, elevating BYD vehicles with advanced technologies, emphasizing BEVs as a cornerstone of future mobility. The passenger car segment is projected to lead the ADAS market by vehicle type during the forecast period. Growth in the passenger car segment during the forecast period is driven by the increasing trend of self-driving technologies and advancing in-car technologies. Luxurious vehicles in high demand globally often come equipped with dominant features like driver monitoring systems, intelligent park systems, and pedestrian detection systems. The 2025 Genesis G90, for instance, offers remote smart parking assist, smart cruise control with stop-and-go, hands-on detection, safe exit assist, and blind-spot collision-avoidance, among others. OEMs such as Toyota, Hyundai, Tesla, Ford, Mercedes, BMW, Jaguar, and General Motors are significantly investing in higher autonomy vehicles, with Hyundai Motor Company announcing a USD 21 billion investment in the US from 2025 to 2028, including USD 6 billion targeted at autonomous driving technologies. Europe is projected to have a significant market share in the ADAS market during the forecast period. Stringent emission regulations and zero-emission objectives play a critical role in the region's significant share within ADAS. European technological evolution, marked by driver assistance features like traffic jam assist and blind spot detection with rear cross traffic, propels market growth. Beginning July 7, 2024, the EU's second phase of General Safety Regulation II mandates stricter safety standards across new vehicle releases, requiring technologies like advanced emergency braking system, intelligent speed assistance, and driver drowsiness attention warnings in passenger cars, while buses and heavy vehicles must integrate systems including blind spot information systems and tire pressure monitoring. Transitioning towards EVs amid safety and consumer awareness boosts ADAS demand within Europe. The ADAS market commands a substantial player presence, with in-depth insights gathered via interviews: CEOs, marketing directors, and key innovation executives among them. The significant players include Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Denso Corporation, and Magna International Inc., offering integrated ADAS solutions meeting stringent regulatory and consumer demands. Key Benefits of Buying the Report: Insightful approximations of revenue figures for the ADAS market and its segments. Understanding the competitive environment and strategic advantages for better business positioning and market entry planning. Dispels insights into market dynamics, covering drivers, restraints, challenges, and opportunities. Provides trends and pricing trajectory insights for informed strategic planning. The report provides insights into the following points: Market dynamics, including drivers like vehicle safety focus, ADAS-driven comfort, regulatory standards, and emerging opportunities. Innovation Insights: New technological advancements and R&D activities in ADAS. Exhaustive Market Development: Insight into lucrative ADAS market regions and developments. Competitive Analysis: Detailed assessment of leading players like Bosch, Continental, ZF Friedrichshafen, among others. Key Attributes: Report Attribute Details No. of Pages 536 Forecast Period 2025 - 2032 Estimated Market Value (USD) in 2025 $359.8 Million Forecasted Market Value (USD) by 2032 $652.5 Million Compound Annual Growth Rate 8.9% Regions Covered Global Market Dynamics Drivers Increased Focus on Vehicle Safety Enhanced Vehicle Safety and Driving Comfort With ADAS Increased Premium Vehicle Sales Shift Toward Autonomous Vehicles Government Regulations and Safety Standards Challenges High Cost of ADAS Integration Addressing Reliability Issues of Sensors in ADAS Opportunities Advancements in Autonomous Vehicle Technology 5G Integration in Automotive Networks Rising Incorporation of IoT EV Manufacturers Enhancing Driving Experience and Safety Future of Autonomous Ridesharing Innovative LiDAR Technology by Key Startups Case Studies Tata Elxsi Designed Robotaxi to Accelerate Autonomous Driving With Advanced ADAS Solutions Renovo Developed First Automotive-Grade, Edge-Centric Data Management Platform for Autonomous Vehicles Scenario-Based Testing Validation for ADS/ADAS With Adscene General Motors Evaluated Effectiveness of Safety Systems in GM Vehicles Momenta Showcased MPilot Parking Konrad Technologies Conducted ADAS Sensor Package and Reliability Test Nvidia Provided Open Autonomous Vehicle Development Platform ZF Released AI-Based Services for ADAS Renesas Boosted Deep Learning Development for ADAS and Automated Driving Applications Velodyne Sensors Launched AutonomouStuff'S Open Autonomy Pilot Autocruis Introduced AMD SoC-Powered ADAS and IMS for Cars Mercedes-Benz Used Ansys Optislang for ADAS Validation Through Reliable Analysis Industry Trends Not specifically mentioned under Market Dynamics Company Profiles Robert Bosch GmbH Continental AG ZF Friedrichshafen AG Denso Corporation Magna International Inc. Mobileye Aptiv Valeo Hyundai Mobis Nvidia Corporation NXP Semiconductors Autoliv Astemo Ltd. Horizon Robotics Inc. Advanced Micro Devices, Inc. Ficosa Internacional SA Aisin Corporation Renesas Electronics Corporation Infineon Technologies AG Hella GmbH & Co. KGaA Texas Instruments Incorporated Samsung Gentex Corporation Blackberry Limited Microchip Technology Inc. Veoneer US Safety Systems, LLC. Panasonic Automotive Systems Co., Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Time of India
08-05-2025
- Automotive
- Time of India
Bosch's 2024 business drags amid weakness in core markets
New Delhi: The world's leading auto supplier Robert Bosch has reported a decline in sales for 2024, falling short of its earlier growth projections. This downturn, coupled with weaker-than-anticipated margins, significantly impacted the company's EBIT margin, highlighting challenges in its performance for the year. The German company has attributed the performance shortfall to ongoing weakness in its core markets, mainly Europe and North America. At the company's annual press conference, held in Germany, on Thursday, Dr. Markus Forschner, a member of the board of management, highlighted that while automotive production, including heavy commercial vehicles, declined last year, emerging technologies like electromobility, fuel cells, and automated driving are taking longer than anticipated to gain traction. He added that the adoption of these technologies is unfolding at a slower pace and with significant regional variations. 'China is now leading the way in these areas of future importance, and is the world's biggest vehicle producer– which for the first time puts it ahead of Europe and North America combined. Our other two core markets, mechanical engineering and especially the construction industry, are also experiencing difficult times. And the heating market in Europe, Germany in particular, is still suffering from considerable distortions due to changes in government subsidies,' Forschner said at the virtual press conference. It is worth noting that Europe's automakers have been affected by weakening demand and a slower-than-expected transition to electric vehicles. In Germany, manufacturers are grappling with high costs while facing increasing competition from more affordable Chinese rivals entering the market. Also, global uncertainty amid geopolitical tension and tariff tantrums unleashed by the US President has also been adding to the woes of the auto sector. In line with the company's long-term objectives, Dr. Stefan Hartung, Chairman of the Board of Management at Robert Bosch , emphasised the need for a focused approach on business areas and cost saving measures. "Regrettably, this means that the number of jobs, particularly in Germany and Europe, will decline," Dr. Hartung said. "We have already announced structural adjustments and job cuts in various areas, and have been in ongoing discussions with employee representatives about these changes." In December, Deputy Supervisory Board Chairman Frank Sell revealed that staff reduction plans have put between 8,000 and 10,000 jobs at risk in Germany. Outlook Bosch's forecasts for the 2025 business year present a tough challenge amid these uncertain and volatile times. The company expects growth this year to be 1 to 2 percentage points higher, while maintaining its target margin of 7 per cent for 2026. Hartung noted that, unfortunately, a clear turnaround does not seem likely this year. To navigate these challenges, Bosch emphasised its focus on further expanding its regional strategy globally, which will help strengthen its supply chains. By 2030, the German auto supplier aims to achieve average annual growth of at least 6 per cent and a margin of at least 7 per cent. 'Given the current turbulence, this goal presents an extremely challenging task, especially with the increasing competition, particularly from Chinese suppliers,' it said. Looking ahead, Bosch sees the markets in Asia and the Americas as remaining attractive for German companies. In particular, the company plans to accelerate its growth in North America and India, aiming to grow significantly faster in these regions than in previous years. Investments Hartung noted that the demand for the latest generation of combustion engines is providing some support during the transitional phase. However, he acknowledged that the company's e-mobility facilities, in which it has invested heavily, are not being used to full capacity. Despite these challenges, Hartung remains confident that, in the medium and long term, electromobility and hydrogen fuels are the technologies of the future. Additionally, Bosch is placing its bets on software-defined vehicles (SDVs) as another key area for growth and innovation. In 2024, Bosch made investments totaling approximately €13 billion, with €5.1 billion allocated for capital expenditure and €7.8 billion for research and development. The company's goal is to "at least maintain" its global market position while further expanding its presence in regions like North America and India, which present 'considerable potential' for additional growth.
Yahoo
08-05-2025
- Automotive
- Yahoo
Bosch sees 2025 organic sales up 1%-3%, tempered by weak markets
(Reuters) -German automotive supplier Robert Bosch said on Thursday it expects 2025 sales to grow a currency-adjusted 1% to 3%. Volatility in global trade makes the forecast fraught with uncertainty, the company said, also citing a difficult business environment in its main markets but also possible tailwinds from state infrastructure investment programmes."The consequences of additional tariffs and possible economic effects from European and German infrastructure investments also make an assessment more difficult," it added. In the first quarter of 2025, Bosch sales rose 4% compared with the same period last year. In contrast, German peer Schaeffler on Wednesday posted a first-quarter revenue decline of 2.9%, citing general softness in the industry. Bosch confirmed its operating margin target of 7% for 2026, though calling it "an extremely challenging". Bosch added that it expects the number of jobs at the company to decline further, particularly in Germany and Europe.
Reuters
08-05-2025
- Automotive
- Reuters
Bosch sees 2025 organic sales up 1%-3%, tempered by weak markets
May 8 (Reuters) - German automotive supplier Robert Bosch [RIC:RIC: said on Thursday it expects 2025 sales to grow a currency-adjusted 1% to 3%. Volatility in global trade makes the forecast fraught with uncertainty, the company said, also citing a difficult business environment in its main markets but also possible tailwinds from state infrastructure investment programmes. "The consequences of additional tariffs and possible economic effects from European and German infrastructure investments also make an assessment more difficult," it added. In the first quarter of 2025, Bosch sales rose 4% compared with the same period last year. In contrast, German peer Schaeffler ( opens new tab on Wednesday posted a first-quarter revenue decline of 2.9%, citing general softness in the industry. Bosch confirmed its operating margin target of 7% for 2026, though calling it "an extremely challenging". Bosch added that it expects the number of jobs at the company to decline further, particularly in Germany and Europe.
