Cars Becoming More Computer-Like will be Complicated
June 4, 2021—The value of electronics in modern vehicles is expected to double over the next decade, scratching at $500 billion come 2031.
That's just one of the takeaways from Semiconductor Engineering's report on the increasing computing power in vehicles, supply chains, and the challenges of keeping everything up to date.
"Electronics are a major selling point for new cars and trucks, and it’s evident in the bills of materials," the report says. "What’s less obvious is these devices have been steadily taking over operations that involve vehicle safety. Whenever you use the cruise control on the freeway, back up while checking the dashboard camera, or are warned that somebody is approaching you from a blind spot, electronics are in action. Semiconductors sense, monitor, manage, and control almost every operation within the vehicle."