Lidar: The Key to Unlocking the Future of Autonomous Vehicles, Says IDTechEx

Key Facts

The automotive lidar market is expected to grow to US$8.4 billion by 2033, driven by the increasing adoption of AVs and advanced driver assistance systems (ADAS), as predicted by IDTechEx in their report "Lidar 2023-2033: Technologies, Players, Markets & Forecasts."
Technology Choices, Challenges and Limitations of Lidar The automotive industry's high investment in lidar technology has attracted many players to the field.
In addition, there are many challenges to solve for lidar systems, including but not limited to the probability of false detection, performance under adverse weather conditions such as rain, snow, and fog, long-range detection, uniform angular resolution, and point cloud density, modular design for various field of view coverage needs, high cost, automotive grade reliability, manufacturability, ease of calibration and product lifetime.
The report contains a comprehensive analysis of 95 players developing 3D lidar for the ADAS and autonomous vehicles market, which includes a detailed assessment of technology innovations and market dynamics.