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Solid State LiDAR Sensor Market

Solid State LiDAR Sensor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027

Solid State LiDAR Sensor Market - Introduction

LIDAR (Light Detection and Ranging) is a technique that uses pulses of light to perform distance measurements. Most LIDAR systems are based on measuring the time it takes for a laser pulse to complete a round trip between the LIDAR device and the target. After the distance to the target is calculated, the laser beam is scanned in different directions to create a 3D point cloud that provides spatial location and depth information, which can be used to identify and track objects.

Solid State LiDAR Sensor Market- Competitive Landscape

On January 2019, Innoviz Technologies and HARMAN International had signed a partnership agreement to supply Innoviz’s high-performing, solid-state and mass-producible LiDAR solutions (earlier post) available to OEMs globally. On May 2019, AMS, ZF Friedrichshafen AG and Ibeo Automotive Systems GmbH announced partnership to combined capabilities of Solid State LiDAR Sensors in the automotive industry. The three companies will partner on joint R&D efforts to ensure that this exciting technology can be quickly and safely adopted by 2021.

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Ibeo Automotive Systems GmbH

Founded in 1998, Ibeo Automotive Systems GmbH is located in Germany. Ibeo Automotive Systems GmbH develops and manufactures LiDAR sensor technology for the automotive industry. The company also develops software for environmental detection, referencing tools for highly automated driving, and autonomous driving (HAD/AD) systems, as well as highly automated driving, and mapping and localization applications.

LeddarTech Inc.

Established in 2007, LeddarTech Inc.is located in Canada. LeddarTech Inc. develops and supplies advanced detection and ranging systems based on the sensing technology that performs time-of-flight measurement using pulses from infrared LEDs processed through algorithms. LeddarTech is responsible for several innovations in cutting-edge mobility remote-sensing applications, its patented technologies enhancing ADAS and autonomous driving capabilities for automobiles, trucks, buses, delivery vehicles, robotaxis, shuttles, and more. The company is best positioned to capitalize on strong, rapidly evolving LiDAR industry fundamentals

Phantom Intelligence

Founded in 2011, Phantom Intelligence protects vulnerable road users (VRUs) and improves the safety and fluidity of travel by offering solutions that enable reliable advanced driver-assistance systems (ADAS) that are affordable. Their unique digital signal processing approach to LiDAR is at the heart of devices that can be trusted where other sensors fail. 

ABAX AS

Founded in 2003, ABAX AS is located in Norway. ABAX AS develops and supplies vehicle tracking systems, fleet management software, and equipment control technology to businesses operating company vehicles and individuals using vehicles for work in Europe. It also provides ABAX Triplog hardware solution for commercial vehicles; and ABAX Triplog application for private vehicles. In addition, the company provides customer support services.

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Solid State LiDAR Sensor Market Dynamics

Increasing application of Solid State LiDAR sensor in Automotive Industry is driving demand for Market

Automotive LiDAR Sensors are used to enhance a vehicles navigation capabilities by detection and avoidance of obstacles enroute. The Light Detection and Ranging sensors (LiDAR) are detection and survey systems to evaluate the nearness of an object. A LiDAR system principally consists of a laser, a scanner, and a specialized GPS receiver. An optical pulse is created by the laser, which is radiated and transmitted toward the target. The time taken by the light pulse to bounce back and reach the receiver is measured (utilizing the speed of light) and thus the distance of the target is calculated. The technology has emerged as the main pillar for the vision of autonomous cars as it gives a 3D mapping of the vehicles surroundings. This enable a safe navigation system for the vehicles. 

Manufacturers Focus on Innovative Techniques to Enter Developing Solid State LiDAR Sensor Market

Solid State LiDAR Sensor technology is attracting a great deal of attention due to its numerous applications in automotive field. Manufacturers in the Solid State LiDAR Sensor market are increasingly investing in the research and development activities to find new and innovative techniques to develop Solid State LiDAR Sensor. The Solid State LiDAR Sensor market is highly fragmented with the presence of several manufacturers, especially in the Europe regions. Moreover, with the increasing number of manufacturers, product differentiation has become vital to gain competitive edge in the Solid State LiDAR Sensor market.

Solid State LiDAR Sensor Market - Segmentation

Based on the LiDAR type, the Solid State LiDAR Sensor market is segmented into 

  • Phased Array
  • Micro-Electromechanically System (MEMS)

Based on the application, the Solid State LiDAR Sensor market is segmented into

  • Intelligent Machine Vision And Factory Robotics
  • Robot Assisted Surgery
  • Air Quality Monitoring
  • Spectroscopic Chemical Sensing
  • Aerial Drones
  • Autonomous Vehicles
  • Fault Analysis Equipment

Based on the end user, the Solid State LiDAR Sensor market is segmented into

  • Automotive
  • Aerospace & Defense
  • Healthcare
  • Industrial
  • Others

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