Illustrations and data from Yole Developement
Text extracts from Global market Insights Report
Lidar is a technology which has already for a long time been used in various application areas. The technology varies from geographic applications like space, topography or wind mapping to consumer orientated applications like sensing of the surrounding for robotic or automotive vehicles.
Relevant technologies enabling LiDAR and main application fields. |
Solid state lidar technology is expected to accelerate the large-scale autonomous vehicle commercialisation over the next ten years. In automotive, market size is expected to exhibit lucrative growth over this period due to the growing popularity of autonomous vehicles and the huge investment from the automotive sector for developing and commercialising autonomous vehicle technology.