Automotive laser radar will usher in the stage of large-scale development

Lidar technology is one of the key core technologies of driverless vehicles. It has the advantages of high range accuracy, strong directionality, fast response, no influence from ground clutter, and can effectively provide information needed for vehicle decision-making and control systems. It has become the most effective solution for current unmanned environment sensing.

According to the analysis of foreign research institutions, the global automotive laser radar market is about 62 million US dollars in 2015. It is estimated that the global market will reach 270 million US dollars by 2020. From 2016 to 2020, it will grow at a compound annual growth rate of 34%.

Lidar costs are greatly reduced

Whether laser radar can be used on a large scale in driverless cars depends on cost and effect. If the low-cost laser radar solution can achieve the desired effect of the automotive industry, it will greatly promote the launch of the driverless car, and the laser radar penetration rate will rise.

At present, the biggest problem with laser radar is the high price. The most advanced laser radar used on driverless cars costs more than $80,000, and the relatively inexpensive 32- and 16-line laser radars are priced at $30,000 and $8,000, respectively.

In order to achieve the goal of universal application as soon as possible, it can be sold to the mass market. Lidar manufacturers are struggling to reduce the price of laser radar through various technological innovations.

Thanks to the first-mover advantage, Velodyne has been in the leading position in the automotive laser radar market for many years. Last December, Velodyne heard good news that the company has designed a new laser sensor. This new product uses a new solid-state technology. After mass production, the price of the product is expected to drop to $50.

At the 2016 CES show, Velodyne released the world's largest competitor, Quanergy Systems, which claims to be the world's first solid-state lidar sensor S3. The company's chief technology officer, Jeff Owens, said the cost of each S3 is about $200. The relevant person in charge of Quanergy told the media at the time that if the order quantity exceeds 10,000 units, the cost of each laser radar is expected to be controlled below $100.

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