Will automotive change the LiDAR market?
More information on that report at https://www.i-micronews.com/report/product/lidars-for-automotive-and-industrial-applications-2018.html
19. Today, companies like Waymo, Uber, Lyft,
Baidu, and Mercedes-Benz are integrating an
average of $200,000 worth of sensors into
hundreds of conventional cars, seeking to
transform them into fully autonomous vehicles
(“robotic cars”) that operate on streets
worldwide. Waymo, for example, is already
offering its services to a select number of
users, integrating sensors like LiDAR, radar,
cameras, inertial measurement units, and
GPS. As a whole, the robotic cars market is
expected to exceed 100,000 units by 2023 and
surpass 1M by 2032.
The current worldwide automotive market
comprises 100M units annually. Little by little
though, autonomous functions are reaching
new models. Last year, Audi was the first
automaker to introduce a commercial car,
the Audi A8, with LiDAR. The system was
developed and produced by Valeo, the leading
French auto parts maker.
LiDAR technology, which is already used
in diverse industries such as aerospace,
archaeology, construction, and wind farms,
has two huge opportunities ahead: industrial-
grade LiDAR for robotic cars, which is
happening now; and automotive-grade LiDAR
for consumer cars, which will happen in a few
years. Yole Développement (Yole) expects the
global automotive LiDAR market (system) to
reach a market value of $5B by 2023 and $28B
by 2032.
This comprehensive report covers market
volume and value, from system to components.
Also included is a deep understanding of how
the market will evolve, and an analysis of the
potential business opportunities for each
player on the industrial chain.
LIDARS FOR AUTOMOTIVE AND INDUSTRIAL APPLICATIONS 2018
Market & Technology report - May 2018
AUTONOMOUS DRIVING IS A HUGE OPPORTUNITY FOR LIDAR
Will automotive change the LiDAR market?
KEY FEATURES OF THE REPORT
Get the sample of the report
on www.i-Micronews.com
• Market forecast for automotive
LiDAR through 2032
• Market forecast for industrial
through 2023
• Market forecasts per type of
LiDAR (mechanical, MEMS, OPA,
etc.), by components (laser sources,
mirrors, etc.)
• Description of LiDAR applications
in automotive, industrial, and
scientific segments
• Description of LiDAR technologies
OBJECTIVES OF THE REPORT
• Market trends and forecasts
• Key players for LiDAR and LiDAR
components
• Applications in the automotive,
industrial, and scientific segment
• Technology trends
(Yole Développement, May 2018)
Automotive and industrial LiDAR system market forecast
AUTOMOTIVE LIDAR’S IMPRESSIVE DIVERSITY
In the past two years, more than $800M
has been invested in LiDAR companies.
Some companies, despite being created
only a few years ago, have received millions
in investments. For example, Blackmore,
founded in 2016, recently received $18M from
BMW and Toyota. And Quanergy, launched
in 2012, received $180M in 2017. Such
investments testify to LiDAR technologies’
immature. Start-ups, industrial players, Tier-
1s, and automotive OEMs are all investing in
different approaches with no guarantee of
success - but this is the price they must pay
for a chance to be part of the automotive-
grade market for LiDAR technologies, seen by
many as the “Holy Grail”.
On the technology side, the range of offers
is equally impressive. Most current products,
20. such as those proposed by Velodyne, use a
macro-mechanical scanning of laser beams at
wavelengths between 830 - 940 nm. However,
MEMS scanners are expected to be the next
evolution of automotive LiDAR, promising to
be smaller and cheaper. The next step after this
should be the optical phased-array, as proposed
by Quanergy, in which no moving part is present
- thus becoming even cheaper, smaller, and
safer. This technology stems from optical fiber
communications.
Some players like Continental and Xenomatix
propose flash LiDAR, in which the whole scene
is illuminated simultaneously with no moving
part. Other players propose different solutions:
Cepton and Luminar have revealed mechanical
scanning technologies, while Neptec employs
Risley prisms.
Although many players use a wavelength from
830 - 940 nm because corresponding optical
components are more widespread, some are
investigating the 1550 nm wavelength for which
a higher laser power can be used, because the
laser maximum’s permissible exposure is roughly
100x higher and also because dust robustness
is better. These players include Blackmore,
Neptec, Aeye, and Luminar.
And the diversity continues, with
most LiDAR development companies
using a direct LiDAR type called pulse
LiDAR, in which a pulse of light is
sent to the target; the time it takes to
return to the photodetector confirms
the distance. A few companies are
investigating continuous-wave ranging
methods which allow for heterodyne
detection, and therefore much higher
sensitivity. IFM and Benewake are
investigating the phase-shift ranging
method, while Blackmore and Oryx
are investigating the frequency-
modulation ranging method.
This report provides a technological
analysis of each approach, along with
a roadmap, cost breakdown, and
penetration estimate for each one.
Also include are market forecasts in
units and value, per technology type.
LIDARS FOR AUTOMOTIVE AND INDUSTRIAL APPLICATIONS 2018
WILL LIDAR REACH THE AUTOMOTIVE MASS-MARKET?
There is no doubt that automotive LiDAR is
progressing rapidly today, but alternatives exist.
Tesla announced it will not use LiDAR for its
autonomous functions, and TuSimple, a Chinese
company, is developing autonomous trucks
without LiDAR. Also, the recently-released
Cadillac Super Cruise relies heavily on maps.
On the technology side, automotive radar is
beginning to gain imaging capabilities thanks to
beam steering. Vision processing and artificial
intelligence are helping cameras to better detect
and classify objects and therefore understand
three-dimensional space. Infrared cameras might
also play a role for night vision. All of these
technologies are improving at an impressive
rate, creating a tough competitive space for
LiDAR players. As such, it is too early to
determine which technologies will feature
in autonomous cars, but we’re certain that
redundancy and complementarity between
sensors will be mandatory for ADAS cars
and robotic vehicles to reach their potential.
LiDAR’s expansion into new applications is
not limited to automotive. The technology
is increasingly used in construction and
geographical information systems, and is
also a key component for automated guided
vehicles, like those that help automate
warehouses. Moreover, LiDAR is finding
applications in wind measurement, which
is mandatory for the development and
operation of wind farms. Tens of thousands
of megawatts of wind power are added each
LiDAR: from technologies to applications
(Yole Développement, May 2018)
Autonomous driving: LiDAR comparison with other automotive
sensing technologies - Who is ‘good enough’?
(Yole Développement, May 2018)
21. MARKET TECHNOLOGY REPORT
year, and with wind turbines reaching over 100
m in height, a safe and simple wind velocity
measurement solution is needed.
First imagined in the 1930s by E.H. Synge,
LiDAR is now available on all scales, from
a few grams to several tons. In the future,
it might also be available at a mass-market
scale in robot-taxis and in our cars, offering
to machines the type of 3D perception that
brings them closer to human beings, and instills
in them the ability to function autonomously
within our world.
Automotive LiDAR technologies roadmap
(Yole Développement, May 2018)
Find more
details about
this report here:
COMPANIES CITED IN THE REPORT (non exhaustive list)
Aeye, Argo AI, ASCar, Ball Aerospace, Beijing Surestar Technology, Benewake, Blackmore
Sensors and Analytics, Blickfeld, Bosch, Cepton Technologies, Continental, Daimler,
Denso, Espros Photonics, Excelitas Technologies, Hamamatsu Photonics, Hesai Photonics
Technologies, Ibeo Automotive Systems GmbH, ifm electronic, Innoluce BV, Innoviz
Technologies,LeddarTech,LeicaGeosystems,LeiShenIntelligentSystem,Leosphere,Lockheed
Martin, Lumentum, Luminar Technologies, Micro Photon Devices, Neptec Technologies,
Ocular Robotics, Omron, Opsys Tech, Oryx Vision, Ouster, Phantom Intelligence, Philips
Photonics, pmdtechnologies AG, Princeton Optronics, Quanergy Systems, Riegl, RoboSense,
sdPhotonics LLC, SensL Technologies, SG Micro (SGMICRO), Sick AG, Spectrolab,
STMicroelectronics, Strobe, Teledyne Optech, TetraVue, Thorlabs, Topcon, TriLumina,
Trimble, Valeo, Velodyne LiDAR, Waymo, XenomatiX, ZF Friedrichshafen, and more!
Table of contents 2
Definitions and generalities 4
Introduction 13
Executive summary 28
Patent landscape 39
Overview of teardown of LiDAR 43
Technology 47
Mapping of players
Chinese landscape
Lasers
Image formation
Photodetectors
Processing and computing
Concurrent technologies
Market trends and applications 107
Global market forecasts
Automotive
Industrial
Scientific
Supply chain 161
Cost, average selling prices 164
Investment and MA activity 169
Conclusions 173
Yole Développement presentation 179
TABLE OF CONTENTS (complete content on i-Micronews.com)
AUTHORS
Dr. Alexis Debray is a Technology
Market Analyst at Yole Développement
(Yole). As a member of the MEMS
Sensors Business Unit, Alexis is
today engaged in the development of
technology market reports as well
as the production of custom consulting
projects dedicated to the imaging
industry.
After spending 2 years at the University
of Tokyo to develop an expertise focused
on MEMS technologies, Alexis served as
a research engineer at Canon Inc. During
15 years he contributed to numerous
projects of development, focused on
MEMS devices, lingual prehension, and
terahertz imaging devices.
Alexis is the author of various scientific
publications and patents. He is graduated
from ENSICAEN and holds a PhD in
applied acoustics.
Dr. Guillaume Girardin works as
Director, Photonics, Sensing and Display
at Yole Développement (Yole), the
«More than Moore» market research
and strategy consulting company.
Guillaume holds a Ph.D. In Physics and
Nanotechnology from Claude Bernard
University Lyon 1 and a M.Sc. in
Technology and Innovation Management
from EM Lyon School of Business.
• LeddarVu8: The first off-the-shelf
solid state high-definition LiDAR
module from LeddarTech
• Sensors for Robotic Vehicles 2018
• Radar Technologies for Automotive
2018
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