A high-growth market
BeLink Solutions is active in the 1.0 and 2.0 automotive sectors, as well as drones, trucks, buses, trains, agricultural machinery, industrial robots and electric vehicles.
Global market worth €10 billion
The value of the global market for sensors required in self-driving vehicles (in € billion here) by 2020 (Source: Continental/CCFA 2015)
Revenues of €55 billion
Revenues estimated by CAR, the automotive research institute, and earned in 2020 from driver assistance systems and self-driving systems. This could amount to €300 billion by 2030 (Source CAR – Booz & Corporation)
90 million connected cars
90 million connected cars sold in Europe over the next five years (Source: Volkswagen/2015)
50% Cars derived from electronics
The share of a car’s added value derived from electronics by 2020 (this is currently estimated at 30%) (Source CCFA/2015)
The connected car market is the third largest in the world for growth, just after the tablet and smartphone markets.
The market for industrial vehicles and HGVs is not far behind. Between 2015 and 2020, the connected vehicle market will have increased four-fold to reach €115.2 billion in revenue across the world!*
*(source Strategy &)
This boom will mainly benefit three technology segments:
➜driver assistance, ISO/TS 16949:1999
➜ energy efficiency
There is a very clear trend towards increasingly connected vehicles.
The car of the future and industrial vehicles will constantly communicate with their environment, with other vehicles and with the home.
This kind of progress means massive growth potential for automotive manufacturers..
The communicating train will form part of a truly interactive fleet management ecosystem.
It is based on three main components:
- On-board communicating equipment using sensors to collect information.
- A network set-up to receive and emit information securely.
- IS processing applications to analyse information and make use of it.
While receiving and emitting information, the communicating train also offers:
3 major real-time functions:
geolocation, automatic passenger counting, and remote diagnoses/self-maintenance.
Thanks to these new functions and good use of the data the smart train transmits, costs can be optimised and services improved.
Gains can be seen at two main levels: operational performance and service quality.
Development of the agricultural equipment industry in France and Europe is fuelled by the need to facilitate decision-making for precision agriculture, irrigation and livestock farming (geolocation, DST and sensors).
Technology takes off
The global drone market is currently worth $6.4 billion and should rise to $12 billion by 2025*. Strong growth on France’s drone market can be explained by soaring leisure drone sales.
*Teal Group estimate
However, corporate drone use is also booming and for many analysts, this is what will really drive market growth.
Non-existent just three years ago, this market is now apparently worth €50 million.
The French industrial robotics fleet counts an estimated 31,000 units.
The overall robotics market is set to grow by an average 30% a year over the next four years, bolstered by service robotics.
BeLink Solutions is a natural partner for the high-potential start-ups and other players on the French robotics market.
3.8 million electric and hybrid cars by 2020; 7.7 million charging points across the world in 2017.
The Pike Research institute predicts that electric car sales will account for a 5.7% share of the European automotive market by 2020.
In 2020, the European electric car market could see sales of 827,000 vehicles. According to Pike Research, these sales will enjoy continued and sustained growth while sales of conventional combustion-engine cars fall. Europe will be the most favourable economic zone for electric vehicles, mainly due to the large market share for diesel-power vehicles that are subject to strong competition from electric hybrids. However, rising fuel prices, the end of tax breaks for diesel and greater awareness of the impact on public health could make electric cars more competitive.