A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
11-Nov-2019
Global
Frost Radar
Most technologies used in the automotive solutions market are well established and some are near the maturity phase of their life cycle. Newer solutions include lidar, laser NIR, FIR, and radar, and these are in the growth stage. They are gradually penetrating into applications based on the advantages they offer.
Speed, position, and pressure sensors are near market maturity, and life cycle maturity is distinguished by high demand and higher price competition as consumption nears commodity status. Most sensors are likely to maintain stage status quo throughout the forecast period of 2020 to 2024.
The current study of the total automotive sensors market is based on the analysis of 7 core sensor technologies:
• Pressure sensors, including MEMS, strain gauge, and ceramic pressure sensors
• Position sensors, including multi-axis, angular, and linear sensors
• Temperature sensors, including thermocouple, thermistor, MEMS, resistance temperature detector, IC temperature, and infrared temperature sensors
• Motion sensors, including ultrasonic, microwave, IR, tomographic, and dual technology sensors
• Speed sensors, including active, active hall effect, active magneto resistive, and passive sensors
• Lidar sensors, including MEMS, non-MEMS, solid-state (optical phased array), and flash lidar sensors
• Radar based on the 24 GHz or 77 -79GHz frequency band
Of the more than 100 companies in this space, 20 have been identified with commendable performance under the 7 core sensor technologies analyzed by capitalizing on the positive trends impacting the market. They can be broadly categorized into 3 groups:
• All companies scoring very high on both growth and innovation are well-known industry leaders that have a history of being at the forefront of innovation.
• Companies scoring high on innovation but delivering lower growth appear in the bottom right of the Radar. They are on the brink of witnessing higher growth due to a significant focus on innovation. These include known leaders as well as relative newcomers.
• The third group of companies include those implementing some level of innovation that results in growth, but not to the level seen in the other groups.
The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders, predominantly in the Innovation index for this market are recognized as best practice recipient.
Author: Mariano Kimbara
Industry Overview
Industry Overview (continued)
Industry Overview (continued)
The Frost Radar
Frost Radar—Description of Companies Plotted
Frost Radar—Description of Companies Plotted (continued)
Robert Bosch GmbH
Infineon Technologies AG
Sensata Technologies Inc.
Melexis NV
Analog Devices Inc
Allegro MicroSystems, LLC
On Semiconductor Corporation
Delphi Technologies
Continental AG
NXP Semiconductor N.V.
Texas Instruments Inc.
TE Connectivity Inc.
Denso Corporation
STMicrolectronics NV
TDK-Micronas GmbH
Bourns, Inc.
Velodyne Lidar Inc.
Quanergy Systems Inc
Ouster Inc
Metawave Corporation
The Last Word—Key Takeaways
Legal Disclaimer
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)
Frost Radar—C2A
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Mariano Kimbara |
| Industries | Electronics and Sensors |
| WIP Number | K3E1-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9405-A5,9594 |