Nascent Lidar Sensor Shipments for Coming Autonomous Cars to Rise, Reports ABI
More than 69 million light detection and ranging (lidar) sensors will ship in 2026, ABI Research reported Wednesday. Declining hardware costs and carmakers' need to ship vehicles with multiple sensors for 360-degree vehicle coverage will drive growth, said ABI. Analyst…
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James Hodgson said Velodyne received a $150 million infusion from Ford and Baidu in 2016 and will develop a sub-$50 solid state system for widespread implementation: "Universal focus on low-cost solutions to enable autonomous functions on high-volume models will accelerate lidar shipments.”