Table of Contents
Seven of the Top-13 OEMs to Drive 8-fold Growth of LIDAR Revenue Potential by 2021
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.
Summary Of Technological Trends
LIDAR is more effective than most ADAS sensors in terms of accurately profiling static or dynamic objects approaching at average velocity over large distances. In addition, the ability to fairly lower the chances of false or missed alerts make LIDAR sensors more reliable.
As LIDAR is challenged by bad weather operations, complementing it with cameras, V2X, and radar can help minimize manual interference by reducing human error.
Post-processing software is an integral part of automated systems developed as per the specific requirements of OEMs. This software processes data required for embedded object tracking, autonomous emergency braking, and free space detection.
Given the massive potential for LIDAR demand in the future, several automotive suppliers are trying to develop a LIDAR portfolio. Suppliers with a LIDAR portfolio for other industries are coming up with automotive-grade products to make use of this opportunity.
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