LiDAR is used in many applications in different industries for imaging and scanning to determine elevation and mapping. LiDAR has gained traction among automobile OEMs as it helps in object detection and assists in gauging the distance of the target in a moving vehicle. LiDAR is transforming the transportation mode with heavy assistance in driving and safety measures.

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The trend is shifting toward reliance on IoT-based sensors and connected vehicles. The sensors are used in accumulating various data pertaining to car equipment and surroundings. Analytics software is being used to evaluate multiple parameters and showcase important findings in the dashboard.

Owing to the growing need to make road transportation easy and convenient, automakers are implementing the LiDAR-integrated vehicle system. Trimble, Velodyne LiDAR, Faro Technologies, and Leica Geosystems are few of the companies leading in the market. There is a need for governments to take significant steps to approve the use of LiDAR and to what extent as per the condition of roads and infrastructure. Safety measures are key concerns in ADAS and LiDAR-based systems of vehicles.

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The significant developments in LiDAR are witnessed from the dynamic use of laser technology that supplements the function of cameras. The autonomous cars are one of the most discussed topics among tech leaders and require the involvement of various government bodies. The market is relatively new in Asia Pacific; however, it has great potential to move ahead with use cases of assisted driving and convenient driving experiences, but implementation of driverless cars looks a distant dream as of now. New technologies are emerging, making more powerful ADAS and infotainment systems using sensors and LiDAR systems. Most of the automakers are concentrating on making 90% of the vehicles connected by 2020, which is boosting the LiDAR market.

– Swarup Bhowal
ICT – Research Analyst
Infoholic Research