Robert Bosch predicts that half of all new cars sold in Europe will have some level of connectivity by 2020. The world's biggest supplier expects to have a substantial share of this business. Bosch's board member for this business, Dirk Hoheisel, explained why in an interview with Automotive News Europe Correspondent Andrea Fiorello.
What is the connected car sector's potential value to the auto industry? One study estimates the value at more than 115 billion euros by 2020.
These are estimates and I don't know what is included in these numbers. Is it the software business, the service business and maybe hardware as well? Regardless, Bosch is prepared. Our aim is to reach a significant market share in the field of connectivity.
How much of your revenue comes from connected cars and technology that helps vehicles drive themselves?
In the field of advanced driver assistance systems (ADAS) – by this we mean our business for radar, video, and ultrasonic sensors, as well as driver assistance systems – our sales will exceed 1 billion euros this year.
How is the move to connected cars changing the industry?
We assume that the share of new vehicles in Europe equipped with either smartphone integration or communication boxes will rise to 50 percent by the end of the decade from 15 percent now.