LIDAR as a Future Game Changer in the Automotive Industry
LIDAR will be the most preferred sensor suite once Original Equipment Manufacturers (OEMs) begin to focus on conditional to highly automated vehicles
Automotive LIDAR Market: Implications of LIDAR in Level 4 and 5 Automated Vehicles, Europe and North America, 2014–2021
Several North American states have passed legislations permitting the operation of high to fully automated vehicles (within defined environments). Hence, key OEMs view North America as a launching pad for active participants keen on making market advancements.
Many global OEMs are working on automated vehicle demonstrations using LIDAR. However, they will have to catch up with German luxury automotive OEMs that will be introducing conditionally automated vehicles in the market within the next three to five years.
Automotive-grade LIDAR is more expensive than existing ADAS* sensors, thus making most OEMs apprehensive about using LIDAR in their overall sensor suite.
Most LIDAR sensors (part of an ADAS sensor suite) will be deployed for active safety functions while high to fully automated driving will only require % of LIDAR sensors available in the market by 2022.
ADAS sensors cleverly coupled with LIDAR have produced improved the necessary data points to enable automated driving functions.
About this report
This study discusses LIDAR as a part of a sensor suite in Advanced Driver Assistance Systems (ADAS) in next-generation automated passenger vehicles. It analyses which type of LIDAR would best enable active safety and automated driving functions, especially as Original Equipment Manufacturers (OEMs) are now accepting LIDAR as integral for partial to fully automated driving vehicles. It also discusses the penetration of LIDAR-based solutions in the passenger vehicle market and highlights OEMs with large revenue potential for the same. Suppliers catering to such OEMs have been compared to pinpoint which can best cater to OEM needs. Finally, the study also presents estimated price points of techno-commercially viable LIDAR by 2021.
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