LiDAR Sensors Key for Transition from Current ADAS Packages to Higher Level Autonomy

ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, forecasts 8 million consumer vehicles shipping in 2025 will feature SAE Level 3 and 4 technologies, where drivers will still be necessary but are able to completely shift safety-critical functions to the vehicle under certain conditions and SAE Level 5 technology, where no driver will be required at all.  This, in turn, will help drive the shipments of vital Light Detection and Ranging (LiDAR) sensors that underpin the technology. As many as 36 million LiDAR units are expected to ship in 2025, corresponding to a market value of $7.2 billion.