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Top 10 Lidar Manufacturers in World

<p><em>Image source: Velodyne Lidar</em></p><p>The global market for <a href="https://www.designnews.com/sensors/tech-tidbit-what-lidar/36730886763147">Laser Imaging, Detection And Ranging (LIDAR) systems</a> was $1.3 billion in 2018, according to a <a href="https://www.marketresearchreports.com/blog/2019/04/22/top-10-lidar-manufacturers-world">report by Market Research Reports, Inc.</a>, and the industry is on track to reach $5.5 billion in sales by 2024.</p><p>Lidar is crucial for emerging mapping and autonomous vehicle applications, with automotive uses accounding for $2.5 billion of the market in 2024, the report states. The research also identified the world's top 10 lidar manufacturers, which follow:</p>
They will contribute to a $5.5 billion industry by 2024.

Dan Carney is a Design News senior editor, covering automotive technology, engineering and design, especially emerging electric vehicle and autonomous technologies.

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