Automotive LIDAR Market Top Key Players – Veoneer, Infineon AG, Bosch, Continental, ZF, Velodyne Lidar Inc, Texas Instruments, Inc, LeddarTech Inc

The Global Automotive Lidar market is estimated at $XX Million in 2020, growing at –% CAGR till 2026. Advent of autonomous vehicles will reshape the entire Automotive Lidar Market in one decade. Solid state Lidars are expected to have a significant growth for the market owing to its high-resolution and cheaper solutions.

LIDAR – also called laser scanners or laser radar is a sensing method that detects objects and maps their distances. The technology works by illuminating a target with an optical pulse and measuring the characteristics of the reflected return signal. This pulse width varies from few nanoseconds to microseconds.

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AUTOMOTIVE LIDAR MARKET DYNAMICS

Since LiDAR is a safety-critical system for autonomous vehicle technology, it goes without saying that LiDAR sensor reliability is of utmost importance. US automotive LiDAR market dominated the global market in 2020 and is anticipated to maintain its leading position during the forecast period.

Automotive Lidar market in Europe is expected to be the fastest growing regional market during the forecast period. Lidar Modules and sensor fusions will account for lion’s share of semiconductor that goes into ADAS equipped cars.

RECENT PRODUCT DEVELOPMENT IN AUTOMOTIVE LIDAR MARKET

• BMW has selected Innoviz company’s flagship product, InnovizOne in Japan for use in its fully electric iX, upcoming autonomous car model.

• At Auto Shanghai 2021, Velodyne has showcased latest sensor technologies which are designed for advanced driver assistance systems (ADAS), autonomous vehicles, robotics, smart city infrastructure, delivery, industrial and more.

Velodyne’s Alpha Prime, Vellaray H800, M1600, Vella and Velabit are some of the latest range of products exhibited at the meet.

o Alpha prime is a lidar sensor that utilizes Velodyne’s 360-degree surround view perception technology to power safe autonomous mobility.

o Vellaray H800 designed based on Micro-Lidar Array Architecture (MLA) and it is combined with long-range perception and a broad field of view also the sensor is designed for safe navigation and collision avoidance in ADAS and autonomous mobility applications

• LeddarTech will provide their industry-leading LiDAR hardware and software components into Osram’s Percept LiDAR platform

• Velodyne Lidar and China based Trunk Tech will collaborate in developing next-generation autonomous heavy trucks and to accelerate commercialization of driverless trucks in China’s logistics market.

• Knightscope, Inc., a developer of advanced physical security technologies has selected Velodyne Inc to power its future 5th Generation Autonomous Security Robots.

AUTOMOTIVE LIDAR MARKET SEGMENTATION
By Geography
• China
• US
• Europe
• India
• Japan
• Latin America
• ROW

By Lidar Type
• Mechanical
• Solid-State
• Microelectromechanical Systems
• Flash Lidars
• Optical Phase Array
• Frequency Modulated Continuous Wave (FMCW)

By Component
• Lasers
• Integrated Circuit
• Optical Elements
• Photodetectors
• Others

By Location
• Bumper & Grille
• Headlight & Taillight
• Roof & Pillars
• Others

By Application
• ADAS
• Autonomous Vehicles
• Robotics & Industrial Applications
• Others

COMPETITVE LANDSCAPE
Some of the leading players in the automotive lidar technology are Continental AG (Germany), ZF Friedrichshafen AG (Germany), Infineon Technologies AG (Germany), Velodyne LiDAR, Inc. (U.S.), Texas Instruments, Inc. (U.S.), Leddartech, Inc. (U.S.), Quanergy Systems, Inc. (U.S.), and Innoviz Technologies, Ltd. (Israel).

The Lidar industry is dependent on software providers as technology partners for maximum utilization and improvement of the hardware.

COMPANY PROFILES

Veoneer
Infineon AG
Bosch
Continental
ZF
Velodyne Lidar Inc
Texas Instruments, Inc
LeddarTech Inc
Quanergy Systems Inc
Innoviz Technologies
Mitsubishi Electric

Read More Information: https://mobilityforesights.com/product/automotive-lidar-market/

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This release was published on openPR.