Advanced driver assistance systems (ADAS) United States: Mobileye featuring key players.

(Advanced Driver Assistance Systems, ADAS), is expected to become self-driving car in the history of the most powerful trends in the trend? United States seem not think so, also named Israel bumper car camera system developers Mobileye NV which will play a central role.

ADAS scale is expected to move toward the $ 15 billion

Barron's.com reports, Citigroup analyst Itay Michaeli will Mobileye initial investment rating to "buy," target price was $ 48. Mobileye 4 hearing rose 3.99%, to close at $ 43.48; compared with August 1 listing closing day ($ 37) rose 17.51 percent.

Michaeli pointed out that so far, most of the auto security solutions are still a passive, or only semi-automatic. Although the car has improved safety record indeed, but the United States each year there are 30,000 people were killed in a car accident. With an aging population, the situation will certainly become worse. According to statistics, more than 90 percent of car accidents are due to human error lead. In view of this, Citi believes Mobileye solve all these problems will be the core of the key players in the next 5-10 years.

Michaeli wrote in the report, only $ 4.5 billion Mobileye ADAS market size is currently focused on the future of the company is expected to continue to scale up to $ 15 billion toward the "autopilot (autonomous driving)" automobile industry forward. He believes, ADAS is a breakthrough innovation and technology, the automotive industry may be "iPhone", that people really tried to wait until the ADAS, will feel that there is indeed a need for this technology, and then never go back .

Michaeli and pointed, Mobileye has two advantages, so including Bosch, Continental, and other ADAS competitors far behind. He said, Mobileye will verify the information and products for sale in the past are retained in the database, miles beyond the 7 million kilometers, while the addition of such a large scale, these databases also covering accurate data from global OEM's.

Mobileye published in US stocks before November 20 plate 2014 third quarter (July-September) earnings: revenue increased 70 percent year to $ 3,470 ten thousand; this industry earnings per share amounted to $ 0.04, the same as last year. Reuters survey, analysts had expected Mobileye Q3 revenue, earnings per share in each of the industry was $ 3,030 million or $ 0.04. Full-year outlook, Mobileye raised annual revenue forecast by $ 139 million to $ 141 million US dollars, higher than the analyst estimate of $ 134 million; earnings per share were $ 0.20, also better than the market estimate of $ 0.19. Source: Moneydj.com