Bosch Expects Driver Assistance Systems To Reach 2 Billion Euro Sales In 2019

As vehicles get smarter with more sophisticated emergency braking, lane assist and distance control systems, auto supplier Bosch expects sales to rise to 2 billion euros this year, Chief Executive Volkmar Denner said on Tuesday.

Sales of radar sensors alone will grow 20 per cent in 2019 and those of video sensors by 30 per cent, Denner said at the Frankfurt Motor Show.

"For the next levels of automated driving we will invest 4 billion euros up to 2022. The next step is freeway assistants to allow drivers to take their hands off the wheel," Denner explained.

Bosch is developing systems which allow for a so-called level 2 autonomy for Asian and U.S. markets, Denner said.