Ελληνικά

The estimated output value of the LiDAR market in 2029 is expected to reach 5.352 billion US dollars

1172
2025-01-22 14:14:49
Δείτε τη μετάφραση

Market research firm TrendForce Consulting released an industry insight report today, stating that currently LiDAR is mainly used in the automotive market for passenger cars and unmanned taxis, while in the industrial market it supports applications such as robotics, factory automation, and logistics.

The report points out that driven by Level 3 and more advanced auto drive system system and logistics transportation, it is estimated that the output value of the lidar market will grow from 1.181 billion US dollars in 2024 (IT Home notes: about 8.665 billion yuan at present) to 5.352 billion US dollars in 2029 (about 39.267 billion yuan at present), with a compound annual growth rate of 35%.

Market output value of automotive LiDAR from 2024 to 2029



Market output value of industrial LiDAR from 2024 to 2029

Faced with market competition pressure, automobile manufacturers not only actively adopt advanced technologies such as adaptive headlights and through type taillights, but also continue to introduce laser radar technology into passenger cars to achieve advanced driving assistance systems and Level 3 autonomous driving functions, mainly promoting car manufacturers such as Volvo, General Motors, Audi, Volkswagen, BMW, Hyundai, Hongqi, Changan, Ideal, Wenjie, NIO, Toyota, Nissan, etc.

Lidar can assist traffic detection systems, helping traffic regulatory authorities collect accurate lane usage data in real-time to identify solutions to improve traffic flow and enhance pedestrian safety. Household appliances such as robotic vacuum cleaners and companion robots have also adopted LiDAR technology to achieve synchronous positioning and map construction (SLAM).

Source: Laser Manufacturing Network

Σχετικές προτάσεις
  • Laser Photonics wins a large order from Lufthansa Technologies subsidiary

    Recently, American laser cleaning system developer Laser Photonics announced that the company has successfully secured an order for a cleaning technology laser cleaning system from Lufthansa Technik Puerto Rico, a technology subsidiary of Lufthansa, the largest aviation group in Europe.Lufthansa Technik is the world's largest independent provider dedicated to providing maintenance, repair, and com...

    2023-12-19
    Δείτε τη μετάφραση
  • Scientists use tiny nitrogen defects in the atomic structure of diamonds as "color centers" to write data for storage

    Scientists at the City University of New York use tiny nitrogen defects in the atomic structure of diamonds as "color centers" to write data for storage. This technology is published in the journal Nature Nanotechnology and allows for encoding multiple bytes of data into the same nitrogen defect at multiple optical frequencies, without confusing the information content.The common laser based techn...

    2023-12-07
    Δείτε τη μετάφραση
  • IPG Q1 revenue of $252 million, co-founder and new CEO of Jiaobang

    Recently, IPG Photonics, a high-performance fiber laser supplier in the United States, released its first quarter financial report as of March 31, 2024.The financial report shows that IPG Photonics revenue in the first quarter was 252 million US dollars, a year-on-year decrease of 27%; The net profit was 19 million US dollars, a year-on-year decrease of 75%. The change in foreign exchange rate res...

    2024-05-07
    Δείτε τη μετάφραση
  • Laser manufacturer DIT signs KRW 20.52 billion agreement

    Recently, DIT, a well-known semiconductor and display equipment manufacturer in South Korea, announced that the company has signed an agreement worth 20.52 billion Korean won to supply wafer processing equipment to SK Hynix. After the announcement, DIT's stock price rose for five consecutive days, entering the 16000 Korean won range. Then on the 22nd, it rose 2580 Korean won from the previous day'...

    02-15
    Δείτε τη μετάφραση
  • Shanghai Institute of Optics and Fine Mechanics has made significant breakthroughs in the study of laser damage performance of mid infrared anti reflective coatings

    Recently, the Thin Film Optics Research and Development Center of the High Power Laser Component Technology and Engineering Department of the Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences, collaborated with researchers from Hunan University and Shanghai University of Technology to make new progress in the study of laser damage performance of mid infrared anti reflect...

    04-07
    Δείτε τη μετάφραση