Presently most of the sales of LiDAR sensors in automotive industry is coming from testing of LiDARs by various auto car manufacturers. Research and development and testing of LiDARs would present the major chunk of sales; as most of the high end cars using LiDARs presently are imported in China. Further, in coming years, ADAS would present a major opportunity for the automotive LiDAR sensors. However, once automated driverless cars are permitted by the government this market is anticipated to witness high growth rate.
At present, the key issue to determine whether an installation or retrofit falls within the ambit of a refitting is whether it would change the registered structure, construction, or features of the vehicle. However, this is rather a broad description as well as open to interpretation as to what establishes “structure, feature or construction” of a vehicle. No detailed application guidance has been provided. As such, interpretation and enforcement will likely to continue to be the inconsistent and vary from various place to place.Segment Overview
Various governments across the world are focusing on use of various sensors for ADAS; but, the way for self-driving cars seems far difficult. Common sensors for ADAS include video, radar, LIDAR, ultrasonic and infrared (IR).Regional Overview
Based on the discussions with numerous vehicle administrative authorities, the installation or retrofitting of Warning Function in Aftermarket Solutions will constitute a permitted refitting will largely turn upon whether such installations or retrofitting changes the appearance of the vehicle. However, a change in technical parameters or performance may also be a factor considered by the authorities.
The importance of LiDAR sensor technology is also shown by Intel’s acquisition of Mobileye for USD15.3 billion — the largest ever acquisition of Israeli hi-tech company. The acquisition illustrates that not just that hi-tech internet and computer companies have various automotive ambitions but are also the importance of ADAS for the autonomous driving. ADAS which is one of fastest-growing sectors in automotive field in recent years.Competitor overview
In 2016, Velodyne announced the VLP-32A, which offers a 200-meter range in a 600-gram package. With a target cost of USD 500 (at automotive scale production). In August 2016, Ford and Chinese search giant Baidu jointly invested USD 150 million in Velodyne. The goal of these investments is to make a USD 100 automotive LiDAR sensor available within the next couple of years.Key Players
- Velodyne LiDAR Inc.
- Continental AG
- LeddarTech, Inc.
- Can 360 Probe
- Cant 360 Probe
By End User
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- Rest of LAMEA