Huawei has 3% of the overall LiDAR market: Report

The aim of Huawei dominating the automotive industry from behind the curtains, indirectly lead to growing its Lidar market. This Chinese tech giant accounts for 3% of the global lidar market, say a lidar adoption report of Yole Developpement.

Light Detection and Ranging is the abbreviation for Lidars which are the most important components when it’s come to self-driving cars. They are responsible for remote sensing methods using lasers, scanners, and GPS receivers. In other words, it fulfills the needs of a rapid, accurate, and complete comprehension system in a driverless vehicle.

Coming back to the Lidar adoption report, the major lidar companies’ revenue has declined in 2020 with the emersion of other small firms. As a smartphone-focused company, Huawei’s performance in the lidar market catches the attention of researchers.  Let’s check the main highlight of the report. 

• Valeo is the biggest supplier accounting for 28% share
• RoboSense acquired 10% of the market
• The third position has been shared between Luminar, Livox, Denso, Continental, Cepeton, and one more with 7% shares each
• Ibeo and Innoviz are in the fourth position with 4% shares 
• Being a non-focused Lidar company, Huawei is on fifth with 3% alongside Hesai and Velodyne

(image from LiDAR for automotive and Industrial Applications report)

Huawei’s Lidar Technolgy:

Huawei has been recognized in the automotive industry for its smart car solution and autonomous technology. The HBT model launched in the 2021 Shangaing Auto show witness company’s three types of lidar technology.

In particular, it includes a 96-line medium and long-range, a 6 millimeter-wave, and 13 ultrasonic radars alongside 9 cameras, and Huawei chips with 352 Tops of computing power. Moving ahead, the company is working on Level 4 autonomous vehicle technology incorporation with GAC Group and the car-hailing service organization Didi in Mainland.

Future Scope of Lidar Market:

A senior researcher of Yole Developpement has forecasted that by 2021 LiDAR market will reach US$5.7 billion to US$ 1.8 billion. The market is growing bigger day by day, traditional mechanical scanning represents 69% in today’s market. However, the MEMS (micro-electromechanical system) and Flash LiDAR are also making their way into automotive but still take more time as the compositions is really small.

(Via-Ithome)