Study Describes Future of Auto Electronics

August 20th, 2011
in econ_news

Econintersect: A Chicago Fed forum at the eighteenth annual Automotive Outlook Symposium (AOS) looked at the future of auto electronics.  Currently the average new automobile includes more than 40 electronic controllers, five miles of wiring, and more than 10 million lines of software code.

The forum members predicted:  

Follow up:


  • The share of electronic content in vehicles would continue to grow for some time. The number of processors in cars would double over the next five years in applications such as — vehicle-to-vehicle communication that reduces the chance of collisions; advanced navigation systems that adjust a car’s engine to features of the terrain according to information on the route traveled; and systems that find and reserve parking, as well as place vehicles into tight parking spaces. Ultimately, cars may drive themselves (one possible application of this capability would be “platooning,” where self-driving vehicles travel in tightly spaced groups on highways).
  • Electronic applications offer a large potential for automakers to differentiate their products from the competition.
  • The growing presence of electronics in vehicles will likely lead to changes in the automotive supply chain.   Automakers have already started to interact directly with computer hardware and software providers, circumventing their traditional parts supplier networks.

And the panel that made these predictions? - Thomas Kurfess, professor and BMW Chair of Manufacturing at Clemson University; James Buczkowski, Henry Ford Technical Fellow and director of electrical and electronics systems research and advanced engineering at Ford Motor Company; Michael Smitka, professor of economics at Washington and Lee University; and Thomas Klier, senior economist at the Federal Reserve Bank of Chicago.


source: Chicago Fed

 









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved