Bosch expects annual growth of driver assistance systems by 1/3 by 2017

    23 September 2013. Recently, Volkmar Dunner, chairman of the board of directors and R&D of Bosch Co., Ltd., announced the performance of Bosch and its future development plan. Sales of Bosch Automotive Technology Division are expected to increase by 5 in 2013. %, achieving a 6% pre-tax return; Bosch Group is expected to achieve 2%-4% sales growth this year.

    Bosch expects global automotive production to grow by an average of 3% annually in the coming years. Bosch has increased its business investment in emerging markets. From 2011 to 2013, its total investment in the Asia-Pacific region reached approximately 2.8 billion euros (about 22.7 billion renminbi). At the same time, Bosch expects the market size of driver assistance systems to increase by one-third each year between 2013 and 2017. At present, driver assistance systems and security systems bring Bosch sales of 5 billion euros each year, and Bosch has a total of 5,000 engineers working on research in this area.
     

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