TrendForce’s latest report, “2025 Infrared Sensing Application Market and Branding Strategies,” reveals that LiDAR is gaining traction in automotive markets—including passenger vehicles and robo-taxis—as well as in industrial applications such as robotics, factory automation, and logistics. Propelled by advancements in Level 3 and higher autonomous driving systems and logistics solutions, the global LiDAR market is forecast to grow from US$1.181 billion in 2024 to $5.352 billion in 2029, achieving a robust CAGR of 35%. Under increasin...

Over one thousand lidar sensors scheduled to be shipped through 2024 May Mobility is set to launch driverless operations later this year May Mobility autonomous vehicle outfitted with Ouster lidar sensors. (Photo: Business Wire) SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (NYSE: OUST), a leading provider of high-performance lidar sensors, and May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, announced today expansions to their supply agreements to provide lidar sensors for May Mob...

Ouster’s Alpha Prime™ sensors will be the long-range lidar for Motional’s all-electric IONIQ 5 robotaxis SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (NYSE: OUST), a leading provider of high-performance lidar sensors, announced today that Motional, a global leader in driverless technology, has selected Ouster as the exclusive provider of long-range lidar sensors for its all-electric IONIQ 5-based robotaxis. The serial production agreement will see Ouster supply Motional with Alpha Prime™ VLS-128 sensors throu...

Ouster’s mission is to increase the safety of our world and improve quality of life by bringing affordable, high-performance digital lidar technology to multiple markets. The automotive industry specifically is at the center of the autonomous revolution. Autonomy is a paradigm shift that will bring new levels of life-saving technology to the cars we drive. Affordable, mass-manufactured lidar sensors are one of the key enabling technologies for this progress. And commercializing lidar that can bring about that paradigm shift is the immense challenge Ouster has undertaken. T...

LiDAR sensor producer Ouster reported that it has raised US$42 million of new investment to fund product development and further accelerate worldwide sales. After launching its second generation of high-resolution LiDAR sensors in January, Ouster’s 12-month revenue has grown by 62%, with third quarter bookings up 209% YoY. The company unveiled two new LiDAR sensors earlier this year. By adopting its semiconductor-based technology, Ouster replaces complex legacy analog architecture and enables cost-effective sensing solution. (Image: Ouster) Ouster now...

CES 2020 officially kicked out on yesterday in Las Vegas with more than four thousands companies all over the world presenting their novel applications and technologies. Automotive applications covering autonomous driving technologies are one major field targeted by worldwide technology builders. After SONY demonstrated the conceptual electronic vehicle Vision S at its press conference, several LiDAR companies also revealed their new LiDAR sensors at CES with a wide range of applications. (Image: Velodyne) Velodyne Lidar introduced Velabit™, the co...

Driven by the prospering development of autonomous driving technology, LiDAR companies across the world continue to expand their business and present new products. Many LiDAR builders reported their updates in both technology and business progresses in 2019. Following these news, LEDinside would like to share with our readers updates of the LiDAR industry in the past year. (Image: Ouster/NVIDIA) Velodyne Lidar Partners Hyundai Mobis for ADAS and Supports Varied Applications In 2019, the mechanical LiDAR expert has introduced several new ...

Following the global autonomous driving technology development, LiDAR companies worldwide are speeding up their business expansion in different part of the world. Germany-based LiDAR sensor maker Ibeo announced the establishment of its U.S. subsidiary and Ouster reported its expansion into Europe and Asia-Pacific regions. In June 2019, Ibeo Automotive Systems has established a wholly owned subsidiary in Detroit, USA. This step allows Ibeo to cater to the growing demand for LiDAR technology in the U.S. and expand its business segment into one of the most i...

LiDAR sensor provider Ouster announced its partnership with food delivery firm Postmates. The LiDAR company will provider its Ouster OS1 LiDAR sensor for use in Postmates’ latest autonomous delivery rover, Serve. The Ouster OS1 LiDAR is a 64-channel sensor based on complementary metal-oxide-semiconductor (CMOS) technology, enabling Serve to seamlessly and safely navigate sidewalks, detect pedestrians, and interact with the community. Combining Postmates’ patented Socially-Aware-Navigation system with Ouster’s multi-beam flash lidar ...

Ouster, a San Francisco-based developer of high-performance LIDAR technology emerged from stealth, announces the launch of the company's new OS1 model LIDAR, and $27 million in Series A funding, led by Cox Enterprises.