Global LiDAR for Cars and Light Trucks Market Forecast to 2023 with Competitive Landscape and Key Companies Profile

Researchmoz added Most up-to-date research on “LiDAR for Cars and Light Trucks Market Size, Shares – Industry Trends, Strategies, and Forecasts, Worldwide, 2017 to 2023” to its huge collection of research reports.

The LiDAR for Cars and Light Trucks market report [6 Year Forecast 2017-2023] focuses on Major Leading Industry Players, providing info like company profiles, product type, application and regions, production capacity, ex-factory price, gross margin, revenue, market share and speak to info. Upstream raw materials and instrumentation and downstream demand analysis is additionally administrated. The LiDAR for Cars and Light Trucks market business development trends and selling channels square measure analyzed. From a global perspective, It also represents overall LiDAR for Cars and Light Trucks industry size by analyzing qualitative insights and historical data.

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LiDAR sensors are extensively used in automated cars and light trucks as they help in safe navigation by detecting obstacles and avoiding them. As most of the original equipment manufacturers (OEMs) and tier-1 players within the global automobile industry are working towards automated driving, the global market for LiDAR will witness a high growth in the years to come. The demand for LiDAR technology is high as they help in achieving level 3 and level 4 in automation of vehicles. While level 3 still requires drivers for cars and light vehicles to function, all the safety critical functions relating to the environment or traffic can be shifted to the vehicle. Level 4 vehicles can monitor roadway conditions for the entire trip and perform all the safety-critical driving functions. With an increasing number of car manufacturers striving to expand the autonomous driving concept and the shift towards unmanned vehicles, the market for LiDAR has huge potential for growth.

Worldwide markets are poised to achieve significant growth as LiDAR sensors for cars and light trucks permit users to implement automated driving. Fleet vehicles from Uber, Google and similar users are likely to be the early adopter groups, creating vehicles that do package delivery and ride sharing. Tesla, Mercedes, and Audi are among the vendors with a leadership position in the personal luxury vehicle artificial intelligence LiDAR car markets. These cars provide performance and cater to individual preference in feature function packages and styling.

LIDAR stands for light detection and ranging which is remote sensing. LIDAR does not require electromagnetic radiation but it requires laser pulses that strike the object and return back to the sensor. The laser pulse measures the distance from the sensor to the object by determining the time between the release to reception of the reflected pulse.

3D scanning market and imaging are expected to propel growth. Major technological developments include emergence of optically extended MEMS scanning mirror for low-altitude and light weight flying platforms. Long term reliability of number of key laser components drive the LiDAR market. Key components include optical coatings, optics, and diodes in vacuum and radiation environment of space.

Every car maker seeks to participate in this Artificial Intelligence (AI) personal vehicle market leveraging LiDAR. The ability to do so depends on implementing next generation technology that is very expensive to get working. Vendors ae seeking to work together to set standards and develop shared modules that provide basic functionality. Cameras, sensors, artificial intelligence software, and LiDAR are among the modules being developed.

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Companies Profiled

Market Leaders

Pioneer

Valeo

Continental

Velodyne

3DEO

MIT Lincoln Lab

Market Participants

3d Laser Mapping Specialists, Airborne Lidar And Imagery, Avent Lidar Technology, AImotive, Alphabet, Waymo: Google, Google / Intel Target Driverless Cars with LiDAR, Waymo Deal with Fiat Chrysler Automobiles, Alps Electric, Argo AI, Autoliv, Beijing Beike Technology Co., Ltd (isurestar) (China), BMW, Bosch Group, Continental, Daimler AG/Mercedes-Benz, Delphi Automotive, Denso, DigitalWorld Mapping, Eaton, ECA LiDAR, Faro Technologies, Firmatek Llc, Fiat Chrysler, Ford, Ford Argo AI Artificial Intelligence Company, General Motors, GM Investment in Lyft, Geniarp Group, Geniarp Group / Mosaic 3d, Geophysical Survey Systems, Inc. (GSSI), GMR Group / Geokno India Pvt. Ltd. (India), Harris, Here, Honda, Hyundai, Infineon Technologies AG, Intel Corporation, Intel Buys Mobileye, Intermap Technologies, Knorr-Bremse Group, Mesa LiDAR, MIT Lincoln Lab, MIT Agreement with Geophysical Survey Systems, Inc. (GSSI), Mitsubishi, Nissan, NVIDIA, NXP, Pix4D, Pioneer, Qualcomm, Quantum Spatial, (Aerometric, Inc.) (U.S.), Renishaw Plc, Riegl Laser Measurement Systems GmbH (Austria)\, Riegl USA, Scanese, Siemens and Infineon LiDAR, Softbank, Softbank Arm, Softbank Personal Brain “IBM Watson”, Tesla, Toyota / Lexus, Uber, Valeo, Valeo Acquisition of FTE, Vecna Technologies, Velodyne LIDAR Sensor, Volkswagen, Porsche SE, Volkswagen / Audi, Volvo, Visteon, YellowScan (France), ZF, ZTE

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