LEDinside: LiDAR Laser Market Scale Will Achieve USD 191 Million in 2023

According to the latest report, titled “LEDinside 2019 Infrared Sensing Application Market Report- Mobile Sensing, LiDAR and Optical Sensing,” various IR products have kept developing, bringing about unlimited business opportunities. LEDinside focuses on the applications as follows, including security surveillance, biometric recognition on mobile device (iris, 2D facial, under display fingerprint recognition- optical and ultrasonic, 3D facial recognition- structured light, ToF, stereo vision), digital medical care (pulse, oximetry, glucose sensing), spectral sensing, automotive sensing (facial and gesture) and automotive LiDAR, drone, automated guided vehicle, proximity sensor, optical communication, and more. Market scale, opportunities, challenges, product specification and supply chain are discussed and analyzed in this report to help readers grasp an insight about the infrared application markets.

According to Joanne Wu, research manager of LEDinside, LiDAR laser market value is expected to reach USD 191 million in 2023. The main applications include automotive sensing, intelligent transportation system, automated guided vehicle, measurement, robotic vacuum cleaner and automatic lawn mower. 3D mapping and route planning are provided. Amongst those, automated guided vehicles and automotive LiDAR are the major and the potential LiDAR market applications.

Automated guided vehicle are used in factories and warehouses. As large-scale warehouses continue to introduce automated guided vehicles, the market is expected to grow steadily in the future.

Regarding automotive market (Traditional OEM and Robocars), observing the overall market status in 2018, the imaging automotive LiDAR market has not started yet. Although Audi A8 used Valeo SCALA LiDAR laser scanner system to reach level three autonomous driving assistance and provide auto emergency braking (AEB), at present, the main application of LiDAR laser is in Robocars market. The manufacturers are Waymo and Uber.


Source: Audi

According to LEDinside, the world’s major LiDAR manufacturers are up to 30. Among them, Velodyne, Quanergy Systems, Inc., Continental, Valeo, Omron, ibeo, Innoviz Technologies Ltd, and Luminar Technologies are the main manufacturers developing LiDAR.

Currently, LiDAR technologies include Scanning LiDAR and Flash LiDAR. Scanning LiDAR adopts the three technologies such as mechanical rotation, MEMS and optical phased array. Flash LiDAR can realize high speed repetitive movement, however, each pulse output of the light source has to be higher than the output of scanning LiDAR. Yet, flash LiDAR’s specifications such as detecting distance and FOV are lower than scanning LiDAR. The advantages of MEMS and Flash LiDAR products are small size, fast sensing speed and low cost. Their market demand will continue to increase.

According to LiDAR laser component requirements, including field of view, optical power, pixel size and temperature stability, LEDinside analyzes the advantages and disadvantages of EEL and VCSEL for automotive LiDAR. The advantages of EEL are high power, small pixel size, high resolution and high temperature stability. It is more suitable for long-distance sensing.

 

2019 Infrared Sensing Application Market Trend- Mobile Sensing, LiDAR and Optical Sensing

Release Date: 01 January 2019
Languages: Traditional Chinese / English
Pages: 181

Taipei:

 

 

Joanne Wu         
joannewu@trendforce.com
+886-2-8978-6488 ext. 912

Grace Li
graceli@trendforce.com
+886-2-8978-6488 ext. 916

 

 

 

 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE