According to the latest report by LEDinside, a research division of TrendForce, titled “2020 Infrared Sensing Application Market Trend- Mobile 3D Sensing, LiDAR and Driver Monitoring System”, the market value of automotive LiDAR is expected to reach USD 127 million in 2019. International sport events such as 2020 Tokyo Olympics and 2024 Paris Olympics are the best opportunities for hosting countries to demonstrate their transportation capabilities. Thus, they have proactively involved in Robo-Taxi, autonomous bus and even air taxi development. ...

With the drives from autonomous car development, LiDAR technology has been under the spotlight. Startups which focus on the technology have also gained attentions from the related industry and continued to unveil their development and updates about the technology. Luminar, a LiDAR startup that aim to increase the accessibility of the technology, has recruited Brent Schwarz, a veteran in the LiDAR sensor industry who has experiences at Velodyne and established his own company, Tyto LiDAR. As his LiDAR startup was acquired by Otto, which was then bought by Uber...