Automotive Lidar Technology. LiDAR solutions for autonomous vehicles. Self-driving cars are poised to revolutionize the transportation industry.
Automotive applications are expected to be the main driver for LiDAR in the next five years providing 18B growth between 2019 and 2025. Established in 1949 DENSO is a leading supplier of advanced automotive technology systems and components for major automakers. Advanced Driver Assistance System ADAS is the most prominent application in the global automotive LiDAR market.
A technology partnership between Hamburg-based automotive LiDAR specialist Ibeo Automotive Systems GmbH and SICK AG has resulted in a 3D solid-state LiDAR sensor for industrial applications.
A technology partnership between Hamburg-based automotive LiDAR specialist Ibeo Automotive Systems GmbH and SICK AG has resulted in a 3D solid-state LiDAR sensor for industrial applications. Yole predicts that the LiDAR market for automotive and industrial applications will be worth 17 billion in 2020 with growth expected at 19 and reaching 38 billion in 2025. The company sees the automotive lidar market growing to nearly 18 million units by 2025. Industrial products consumer products and OEM automotive systems components are some of its key products.
