Lidar 2023-2033: Technologies, Players, Markets & Forecasts
The lidar market for automotive applications will grow to US$8.4 billion by 2033. The demand for lidars to be adopted in the automotive industry drives the huge investment and rapid progression of lidars, with the innovations in beam steering technologies, performance improvement, and cost reduction in lidar transceiver components. These efforts can enable lidars to be implemented in a wider application scenario beyond conventional usage and automobiles. IDTechEx leverages its experiences such as in laser physics, semiconductors, optics, sensors, optoelectronics, and transportation, to provide a comprehensive analysis on technologies and products. 10 year market forecasts on lidar units and market value with a focus on automotive have been provided. IDTechEx also tracks the development and activities of 95 global players, with unbiased research and appraisal.