Posted: July 22, 2019

According to BIS Research, the automotive LiDAR market was estimated at $353M USD in 2017, and is anticipated to reach $8.32B by 2028. The LiDAR market is set to become one of the most competitive segments of the automotive industry. LiDAR manufacturers, automotive OEMs, and semiconductor companies are partnering together now to establish widespread market presence.  TechInsights has torn down the innovative Velodyne LiDAR Puck.  We chose this device because:

• Velodyne LiDAR is the first company to use ToF principles for automated driving use-case
• Velodyne LiDAR is the highest-volume supplier for LiDAR sensors in the automotive space
• The mechanical LiDAR from Velodyne provides 360-degree horizontal field of view
• VLP-16 Velodyne Puck has 16 lasers vertically stacked and the packaging is consistent with 32 laser and 64 laser devices offered by Velodyne

If you are a product manager, strategic planner, engineer, or procurement professional in the automotive space, you may be interested in learning more about this report or about subscribing to our Automotive Lidar Teardown Channel.  We can help define your next great product, assess market wins, select the components that best meet your requirements and ensure you are paying the best price.