Solid State Automotive LiDAR Market trends research and projections for 2018-2024 - PowerPoint PPT Presentation

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Solid State Automotive LiDAR Market trends research and projections for 2018-2024

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More Information @ 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. – PowerPoint PPT presentation

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Title: Solid State Automotive LiDAR Market trends research and projections for 2018-2024


1
Solid State Automotive LiDAR Industry analysis
research and trends report for 2018-2024 Global
Market Insights Inc.
2
Regional Analysis of Solid State Automotive
LiDAR Market
  • 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.

3
Application Analysis of Solid State Automotive
LiDAR Market
  • 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.
  • 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.

4
Browse Full Market Research Report On Solid
State Automotive LiDAR Market _at_
https//bit.ly/2K0MasB Request for an
in-depth table of contents for this report _at_
https//www.gminsights.com/request-toc/upcoming/25
19
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Market research reports Key analytical components
6
Competitive Market Share of Solid State
Automotive LiDAR Market
  • The companies operating in the solid-state
    automotive LiDAR market are aggressively involved
    in technology innovation to commercialize
    next-generation LiDAR systems in the automotive
    sector. For instance, In January 2018, Innoviz
    Technologies, an Israel-based technology company
    involved in development of sensing solutions for
    automotive applications, launched the InnovizPro,
    a stand-alone, solid-state, MEMS-based scanning
    LiDAR solution which offers a long detection
    range of up to 150 meters. Similarly, in
    September 2017, AEye Inc, a technology company
    involved in the development of advanced vision
    hardware and software solutions announced the
    completion of a successful live demo of its 360
    Solid State LiDAR System for autonomous vehicle
    application. It is a first commercial solid-state
    LiDAR system capable of 360 coverage and
    real-time software configurability. 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.

7
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