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Bosch has made a major footprint on the sensors and MEMS market since the mid-nineties and is forecasting a big future with the help of new products being shown at CES 2023.
One new product is called RideCare, a combination of software and sensors hardware with a camera, wireless SOS button and cloud-based data services. Drivers in rideshare or taxis could use the device to assess accidents and, if needed, request assistance.
Another new system will use software and smart sensors to protect passengers in side collisions, said Mike Mansuetti, president of Bosch in North America, in a Wednesday press event.
Bosch and its 40,000 globally engineers are also looking ahead with work on quantum sensors that the company expects could enable measurements up to 1,000 times more precise than today’s MEMS sensors. Such devices could be useful in detecting Alzheimer’s and other neurological diseases.
The company recently launched a startup into quantum sensors and will invest $7 billion in coming years in the work, said Tanja Ruckert, a Bosch board of management member. Overall, Bosch is investing $10 billion in digitization work over the next three years. Bosch is also working on producing fuel cells and electric motors with two production facilities in South Carolina.
Bosch is already putting 22 of its MEMS inside of modern cars and estimates its products ruin in half of all smartphones in use.As self-driving technology advances, such devices will proliferate to a market size of $400 billion in 2030, the company said. Yole Group places Bosch first in global MEMS sensor production.
The company already makes radar, lidar, video and ultrasonic sensors for automated driving. Since 1995, MEMS sensors have dropped in size from 13 cm across to 1.28 mm, the size of a pinhead and with a power reduction of 100 times.
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