As cars progress in capability from advanced driver assistance systems (ADAS) to autonomous driving, LIDAR is expected to play a major role in the future.
Today, LIDAR is a primary choice for redundant sensing in supporting cameras and radars with object recognition, distance estimations and dynamic mapping. In addition, LIDAR offers 3D map localization and high-resolution cloud-point images serving as a key to the development of automated driving technology.
According to IHS Markit, automotive LIDAR system revenues will reach around $2.5 billion in 2026 from $230 million in 2016 and LIDAR semiconductor revenues will reach $1.8 billion in 2026 from $103 million in 2016.
This complimentary ebook provides a detailed view into LIDAR with a deep focus on key technologies and market dynamics:
- Why LIDAR?
- Technology overview
- Key players and the supply chain
- The future of LIDAR
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