Valeo’s positioning in Autonomous Driving
Valeo saw revenues rise by 5% in 2021 to €17.26 billion, from €16.44 the year before. For 2022, Valeo expected revenues to rise by 11% to €19.2 billion.
Valeo’s Comfort & Driving Assistance Systems Business Group (CDA), which is responsible for the company’s ADAS as well as its Comfort portfolio, recorded sales of 3.39bn in 2021, up from 3.2bn in 2020. In 2021, CDA’s sales accounted for 19.7% of Valeo’s revenues up from 2017 (€3.59bn and 19.4% of the Group’s total sales).
The company claims they are the only player providing a complete technology portfolio for Automated, Connected and intuitive HMI solutions. They claim they are 1st worldwide in Driving Assistance realizing more than €4bn cumulated Order Intake.
Valeo offers one of the automotive industry’s widest range of sensors, comprising ultrasound sensors, cameras, LiDAR and radars. World-first runs by Valeo autonomous vehicle demonstrators include 24 hours around the Paris beltway and tours of Europe and U.S. To further enhance its AI expertise, Valeo announced the launch of Valeo.ai, a global research center in AI and deep learning dedicated to automotive applications.
Auto2x assesses that Valeo is the leader in ultrasonics in Europe and has strong presence in corner radars. We assess that Valeo’s strong portfolio and scalable approach can continue to ensure best cost to benefit ratio for OEMs. Also, its partnership with Mobileye on the vision solution and their joint project on laser scanner will be an advantage on the time-to-market vs Euro peers.
Table of Contents
- Positioning in Software-Defined Vehicles
- Positioning in ADAS
- Positioning in Connectivity
- Technology and portfolio of products
- Outlook in ADAS and product roadmap
- Overall Assessment of Valeo’s Readiness in Technology, Market Positioning and Strategy Execution