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Automotive LiDAR Market by Application (Advanced Driver Assistance System (ADAS), Automatic Emergency Braking, and Adaptive Cruise Control), Product Type (Terrestrial/Static, Aerial, Mobile, and Short-range), and Components (Laser, Inertial Navigation System, Camera, GPS/GNSS Receiver, and Micro Electro Mechanical System) - Global Opportunity Analysis and Industry Forecast, 2020-2027
Automotive LiDAR system uses pulsed laser light to measure the distance between two vehicles by illuminating the desired target and measuring the reflected pulses using a sensor. Automotive system utilize LIDAR to automatically control vehicle speed and braking systems in response to sudden changes in traffic conditions. Earlier, sonar & radar systems were used in the automotive industry; however, automotive LiDAR have replaced them in automated systems. This is to accomplish the data requirements, owing to increase in the level of automation in vehicles and benefits such as higher accuracy and capturing of real-time data.
The global automotive LiDAR market is driven by factors such as increase in the number of automated vehicles and decrease ...  Read More
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