, one of the segments analyzed and sized in this study, displays the potential to grow at over 17.2%.
Musk's dismissal of the technology has its roots in the return on interest of the financing poured into LiDAR
's development and subsequent manufacturing.
Starting on page 14, Andy Extance explores the various approaches companies are taking in the design of their lidar
systems--including the choice of wavelength and scanning techniques--to achieve the best performance at the right price point.
"As a certification body, it is our goal to support the wind industry in enabling cost-effective and reliable measurement of TI based on LIDAR
solutions for autonomy and driver assistance.
Teledyne Optech is a provider of high-accuracy lidar
3D survey systems, integrated cameras, and productivity- enhancing workflows.
The bathymetric LiDAR
market is projected to grow a CAGR of over 30% over the forecast timeline.
Blackmore had a competing lidar
sensor from Velodyne (it was disclosed to me that the sensor they had wasn't Velodyne's top-of-the-line model and it wasn't an even comparison) to provide a side-by-side visual of how Blackmore's sensors differ from their competitors.
Aurora's purchase of Blackmore was made for an undisclosed amount and will allow the company to integrate lidar
systems to navigate through traffic by measuring a vehicle's distance from obstacles such as cars, drones, and more, (https://www.cnbc.com/2019/05/23/autonomous-vehicle-pioneer-doubles-down-on-technology-trashed-by-musk.html) CNBC reported.
and BMW are expected to deploy sensors from well-funded lidar
startups Velodyne and Innoviz on their initial self-driving cars over the next two years.
Velodyne believes the relationship will advance the timeline for manufacturing and mass production of lidar
for the autonomous and advanced safety global market.