LONDON--(BUSINESS WIRE)--Technavio has announced the top 16 vendors for the global automotive light detection and ranging (LiDAR) sensors market in their latest research report. In terms of automotive applications of LiDAR sensors, the report covers ADAS and autonomous driving.
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“The global automotive LiDAR sensors market is expected to grow at a CAGR of 34.22% during the forecast period. The LiDAR sensors deployed in automobiles cater to the autonomous driving needs and the ADAS offerings. The majority of these will be attributed to high-end cars throughout the forecast period. It is certain that the autonomous driving capabilities will be enabled only in the high-end segment during the forecast period. In addition, a predominant share of LiDAR-enabled ADAS will be equipped only onto the high-end cars segment,” said Siddharth Jaiswal, one of Technavio’s lead analysts for automotive electronics.
Additional Insights: Why LiDAR technology is truly necessary
Top four leading vendors in the global automotive LiDAR sensors market:
Continental
Continental offers 3D Flash LiDAR in the ADAS business segment of chassis and safety business unit, under passenger car vehicle category. The product is a portfolio extension of continental's automated driving offerings.
LeddarTech
The company's technology enables LiDAR-based ADAS and autonomous driving solutions for both passenger vehicles and commercial vehicles (buses and trucks). Leddar detection and ranging technology, because of its compact and flexible Leddar modules, enables the development of low-cost LiDAR solutions that can be integrated into automotive components such as rear lamps, head lamps, and side view mirrors.
Quanergy Systems
Quanergy Systems is a privately held company that develops smart sensing solutions for real-time 3D mapping and object detection, tracking, and classification. It was founded in 2012 and is headquartered in California. The start-up raised a total of over USD 30 million through venture capital funding as of 2014. Quanergy Systems has offices in Europe, the Middle East and North Africa (MENA), China, and Japan.
Velodyne LiDAR
Velodyne is a leader in the global automotive LiDAR sensors market. The company excels in autonomous vehicle technologies and is recognized worldwide for developing high-definition LiDAR sensors for autonomous vehicles, 3D mapping, and surveying. The company's LiDAR sensors are used by almost all car manufacturers and Tier-I suppliers worldwide in their research and integration with self-driving cars.
The 12 other prominent vendors in the global automotive LiDAR sensors market are:
Bosch
Bosch is one of the largest suppliers of automotive components. The company has announced that it would sell laser-based radar known as LiDAR by 2020 to meet market demand for high-tech sensors.
Delphi
Delphi is a leading global supplier of technologies for the automotive and commercial vehicle market. The company is working with Quanergy to develop solid-state LiDAR systems designed for self-driving cars priced less than $1,000 per car.
Denso
Denso is a leading supplier of advanced automotive technologies, systems, and components for the world's major automakers. The company has developed in-vehicle LiDAR for automotive applications.
First Sensor
Develops and produces customer-specific solutions for applications in the industrial, medical, and mobility target markets. Develops products such as chips, components, sensors, and entire sensor systems.
Hella
The company develops and manufactures lighting and electronic components and systems for the automotive industry. Hella's numerous ADAS are based on camera, ultrasonic, infrared LiDAR, and 24 GHz radar technology.
Ibeo Automotive Systems
Ibeo develops combined laser scanner and software systems for ADAS applications. The systems are installed on-board a vehicle and support a driver in certain driving situations. Ibeo. ADAS products generate real-time knowledge of the current driving situation and can suggest specific actions or perform an action.
Novariant
Provides precision positioning technologies, intelligent sensor and control systems, advanced steering hardware, and applications software that combine to deliver integrated machine control solutions. The company caters to agriculture, automotive, and construction markets, among others.
Phantom Intelligence
Develops LiDAR technology sensors aimed at anti-collision applications. Phantom Intelligence is among the finalists of TU Automotive Awards 2016 for the category "Newcomer of the Year".
PulsedLight
PulsedLight has developed LiDAR-Lite 2 as a LiDAR solution that has a 40-meter range capability with 1 cm resolution. Its small size, low-power consumption, and lightweight combine to offer superior performance when integrating with sUAS. Cost for the total system is only USD 115.
Teledyne Optech
Designs, develops, and manufactures advanced LiDAR instruments The company's Optech Lynx MG Mobile Mapper generates rich mapping-grade LiDAR and image data from a vehicle at cruising speeds.
Trilumina
TriLumina is a semiconductor laser technology company that develops, manufactures, and integrates semiconductor laser solutions. TriLumina infrared emitters are capable of high power illumination for laser radar (LiDAR) depth sensing.
Valeo
Valeo is a multinational automotive supplier. It has developed a LiDAR sensor that offers an aperture angle of 140°, enabling it to use in automated driving schemes like a parking lot assistant that autonomously drives the vehicle to a parking lot.
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