Solid State Automotive LiDAR Market by Key Players: Innoviz, Quanergy, LeddarTech, Innovusion, Infineon Technologies, Velodyne LiDAR, Continental AG, Delphi Automotive, AEye, Benewake, Cepton, Luminar and Robosense

Market Overview: -

Solid State Automotive LiDAR Market size is expected to exhibit lucrative growth over the forecast period due to the growing popularity of autonomous vehicles and the huge investment from the automotive sector for developing and commercializing autonomous vehicle technology. The automotive industry has been disrupted by game changing technologies over the last decade which include driverless car prototypes and Automotive ECU (Electronic Control Units). Solid state LiDAR technology is expected to accelerate the large-scale autonomous vehicle commercialization over the next ten years.

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Top Key Players: -

Some of the companies operating in the solid-state automotive LiDAR market are, Innoviz, Quanergy, LeddarTech, Innovusion, Infineon Technologies, Velodyne LiDAR, Continental AG, Delphi Automotive, AEye, Benewake, Cepton, Luminar and Robosense.

Market share calculation in this report is not done based on companies covered in it. The calculation of solid-state automotive LiDAR market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

Europe, being a hub for numerous global automotive manufacturers is expected to lead the solid-state automotive LiDAR market over the forecast timeline. German automotive companies such as BMW and Audi are increasingly focusing on incorporating advanced LiDAR technology in their vehicles to facilitate enhanced safety of the passengers. In March 2018, BMW i Ventures, a venture capital fund which focuses on finding and supporting next-generation technology companies invested in Blackmore Sensors and Analytics, Inc., a U.S.-based technology company involved in developing LiDAR technology for the automotive industry. The funds will be used to increase the production of Blackmore's FMWC LIDAR sensor that are used for advanced driver assistance systems.

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LiDAR (Light Detection and Ranging) is a remote sensing technology which emits a laser pulse beam onto the target with defined intensity and focus and measures the arrival time of the reflected beam by photodiodes within the receiving sensor. The technology is being explored for a wide range of applications in the automotive sector including fully automated driving, parking assistance, forward collision warning and automatic emergency braking. Some of the major drawbacks of early LiDAR systems are high cost, weather sensitivity and bulky size. Also, LiDAR systems consist of moving parts such as rotating mirrors. Solid-state LiDAR systems, as the name suggests, contain no moving parts and score high on the robustness level required by stringent automotive standards. New solid-state LiDARs are being designed by manufacturers to solve the cost, reliability, size, and complexity issue of mechanical scanning LiDARs. Due to their low cost, it is possible to combine two or more sensors to cost-effectively enhance the field-of-view coverage.

Read More @ https://www.element14.com/community/people/shankar123k/blog/2018/08/13/global-solid-state-lighting-market-to-surpass-85-bn-by-2024


Some of the potential advantages of solid-state LiDAR systems for the automotive applications are automated tolling, vehicle measurement and profiling, vehicle to infrastructure communication, speed enforcement and monitoring and real-time traffic monitoring and control. The evolution of early LiDAR systems into solid-state LiDAR technology is primarily drive by next-generation sensors that contain no moving parts on the micro and macro scale. This ensures highest level of longevity, dependability, reliability, performance, and cost efficiency.

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