Keep An Eye on These 10 Global Lidar Vision CompaniesKeep An Eye on These 10 Global Lidar Vision Companies

Cost has been the primary obstacle to widespread lidar adoption and these companies are attacking that problem from a variety of angles.

Dan Carney, Senior Editor

August 25, 2021

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Innoviz Technologies

The market for lidar laser vision sensors for Advanced Driver Assistance Systems and autonomous vehicles is exploding, as carmakers embrace this emerging technology. According to Allied Market Research, the market for these devices will balloon from $700.2 million in 2019 to $2.90 billion by 2027.

Lidar's technical advantages over radar are a key factor in its growth. "LiDAR can capture the object’s position as well as surface information with higher accuracy," notes Allied Market Research. "In addition, it can obtain the 3D topographic information of object surface with high level of accuracy."

We've spotten ten companies that look locked in to make an impact on the lidar market, so click through our gallery to get a look. Did we miss a worthy candidate? Let us know so we can take a look at them.

About the Author

Dan Carney

Senior Editor, Design News

Dan’s coverage of the auto industry over three decades has taken him to the racetracks, automotive engineering centers, vehicle simulators, wind tunnels, and crash-test labs of the world.

A member of the North American Car, Truck, and Utility of the Year jury, Dan also contributes car reviews to Popular Science magazine, serves on the International Engine of the Year jury, and has judged the collegiate Formula SAE competition.

Dan is a winner of the International Motor Press Association's Ken Purdy Award for automotive writing, as well as the National Motorsports Press Association's award for magazine writing and the Washington Automotive Press Association's Golden Quill award.

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He has held a Sports Car Club of America racing license since 1991, is an SCCA National race winner, two-time SCCA Runoffs competitor in Formula F, and an Old Dominion Region Driver of the Year award winner. Co-drove a Ford Focus 1.0-liter EcoBoost to 16 Federation Internationale de l’Automobile-accredited world speed records over distances from just under 1km to over 4,104km at the CERAM test circuit in Mortefontaine, France.

He was also a longtime contributor to the Society of Automotive Engineers' Automotive Engineering International magazine.

He specializes in analyzing technical developments, particularly in the areas of motorsports, efficiency, and safety.

He has been published in The New York Times, NBC News, Motor Trend, Popular Mechanics, The Washington Post, Hagerty, AutoTrader.com, Maxim, RaceCar Engineering, AutoWeek, Virginia Living, and others.

Dan has authored books on the Honda S2000 and Dodge Viper sports cars and contributed automotive content to the consumer finance book, Fight For Your Money.

He is a member and past president of the Washington Automotive Press Association and is a member of the Society of Automotive Engineers

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