LiDAR for Cars and Light Trucks Information and Market Trend Size, Shares - Industry Trends, Strategies, and Forecasts, Worldwide, 2017 to 2023
"LiDAR
for Cars and Light Trucks Market Size, Shares - Industry Trends,
Strategies, and Forecasts, Worldwide, 2017 to 2023"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
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.
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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.
Autonomous vehicle technology has the potential to
institute major change in personal mobility. Autonomous cars
are the next generation of manual cars, poised to provide thrust for
a large replacement market. Autonomous vehicles are the base
for building personal car services, particularly in large cities.
Carmakers and Silicon Valley companies bring different skills to the
task of building a Artificial Intelligence (AI) car. LiDAR is a
significant sensor that supports autonomous operations.
Autonomous vehicles transform the personal transport industry.
Every person who owns a vehicle has a preference
on performance. The Tesla has gained recognition for
offering a Artificial Intelligence (AI) vehicle, but it is first and
foremost a performance vehicle. This characteristic will not
change as Artificial Intelligence (AI) vehicles come on the market.
People like the customization of features and functions in their car.
This customization aspect of vehicles does not get
talked about much, but it is a very important part of the industry.
It will not go away just because cars are run by software.
From auto racing to personal preference, ever car has its own
personality and its own comfort. Performance is part of the
package. Every car maker seeks to participate in this
Artificial Intelligence (AI) personal vehicle market with a
distinctive offering. The ability to have unique appear to
customers depends on implementing next generation technology in a
manner that works effectively and is relatively inexpensive to
implement.
As automated process leveraging LiDAR hits the
auto industry as a disruptive force, it parallels the automated
piloting of the airline industry that saw significant labor savings
implementation. Automated vehicle driving can be done anywhere
just by connecting the car to integrated adaptive cruise control,
adaptive steering and braking, and lane assist systems all working
off one central processor.
Artificial Intelligence (AI) cars and light trucks
incrementally add automated process to driving leveraging the LiDAR
sensor. As software is added to cars and light trucks it is
done in concert with modification to the steering, breaking, and
other automotive systems. Autonomous functions for vehicles are
increasingly adopted.
Change is incremental, we do not have fully
functioning LiDAR navigated Artificial Intelligence (AI) cars
immediately, rather, steering, collision avoidance, parking, test
driving, series of camera and radar based monitoring systems, lane
assist, and adaptive cruise control are being implemented, presaging
rapid adoption of Artificial Intelligence (AI) cars and light trucks
as the various functions mature and work in the real world.
According to Susan Eustis, team leader for the
preparation of the study, “The market for LiDAR for cars and light
truck vehicles is anticipated to expand in parallel with the
deployment of appropriate roadway controls funded by government
programs. The large public investments for Artificial
Intelligence (AI) vehicles so far has been for development of
technology that works for military purposes. The extension of
this type of automated system to commercial fleet vehicles will be
rapid after 2019.”
The Artificial Intelligence (AI) car designs
amalgamate a group of features to represent an automated process
solution. These include the hardware, the software middleware,
the steering system, adaptive cruise control, numerous software
applications, an integrated systems approach, and related services.
Significant investments in research and development are necessary as
the emerging Artificial Intelligence (AI) cars and light trucks
industry builds on incremental technology roll outs.
LiDAR for autonomous autos and small trucks /SUVs
market at $13 million in 2016 is expected to reach $9.9 billion by
2023. This is in the context of a $3 trillion market for the
autonomous vehicles. LiDAR represents one sensor in the
autonomous navigation system. It is used to give more
reliability than is available from cameras and other sensors and it
compliments those capabilities. Spectacular growth is a result
of various moves toward autonomous vehicles that can go across the US
by themselves, provide automated navigation,, integrated braking and
steering. Most auto vendors have gone beyond the testing stage
to offer vehicles that have strong navigation capability.
Safety modules are complimented by mapping
vehicles that provide navigation. The Tesla and other vehicles
provide driver alerts but fall sort of complete Artificial
Intelligence (AI).
Market driving forces relate primarily to the need
for increased safety and personalization for autos. Car
manufacturers are positioning with LiDAR sensors for cars to meet
demand at the high end, and in every category of car and light
truck. Many Artificial Intelligence (AI) vehicle car vendors
are making automation for personal vehicles and light trucks a
reality.
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
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