), a leading provider of automotive safety systems, announced the
introduction of third generation night vision system - Night
Vision Fusion System. This high definition (HD) dual-infrared
camera system has superior pedestrian and animal detection
capability. It will be featured in
) Mercedes' new S-Class sedan.
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The Night Vision Fusion System's dual-infrared camera system
combines the benefits of far infrared and near infrared cameras;
thus providing an enhanced level of safety and comfort while
driving during the night. The near infrared camera, which is
placed behind the windshield, provides HD vision of the road with
the help of the reflection from an infrared lamp. The far
infrared camera, with the heat emission detection system, helps
in detecting heat radiation from pedestrians and animals at a
distance that is four times than the reach of vehicle headlights.
After detection of any pedestrian or animal, the technology will
highlight them on the in-dash screen. If a collision is
predicted, then drivers will be notified by audible and visual
alerts and the brakes will be prefilled.
Over the years, Autoliv has focused on providing safety to
individuals. Autoliv recently announced the development of a new
adaptable seatbelt. This unique offering is expected to provide
better safety by adapting to the passenger's size.
Autoliv's new seatbelt retractor adjusts its restraining force
according to the passenger's size (children or adults) and the
crash severity. The belt does not use any sensor for this. For
adults, the seatbelt webbing is released softly after the crash,
thus reducing the rebound effect and providing additional safety
to the full-sized passengers. The new seatbelt provides load
limiting and pretensioners simultaneously, thus reducing the
pressure on the neck.
Autoliv has a stable market share in both airbag modules and seat
belts in North America, Europe and Asia. The company has
continuously expanded in low-cost countries, including Romania
and China, in order to meet local demand. However, we are
concerned about significant customer concentration risks as the
company's top-five represents about 54% of sales.
Currently, Autoliv retains a Zacks Rank #3 (Hold). In the same
Magna International Inc.
American Axle & Manufacturing Holdings Inc.
), both carrying a Zacks Rank # 1 (Strong Buy), are worth a look
at the moment.