Getting to know LiDAR Sensor Business

Trending in the world, smart cars are becoming more and more popular now. Many investors therefore see that investing in electric vehicles and unmanned systems is hot and interesting. Because this trend makes Tesla's shares soar almost 700%, why is the LiDAR Sensor business even higher? This article has answers.

So what is LiDAR?

LiDAR is a necessary part of an electric vehicle or autonomous vehicle. to use light to detect objects It detects objects in the real world and then simulates a 3D image. The function of LiDAR is to emit a laser and measure the time it takes for the light to return to the sensor. The LiDAR market is expected to reach $110 billion in 2025.

As for investments in LiDAR group companies, there are not many, if only counting those listed on the stock market, including:

Velodyne LiDAR (NASDAQ : VLDR) is the First Mover on the market as LiDAR is also used in robotics and drones.

Luminar Technologies (NASDAQ: LAZR) is the second market player. when joining the first company It created a duopoly status in America ever.

Valeo (EPA : FR), a French auto parts company, is starting to turn to this kind of business more. to enter the big market

Veoneer (NYSE : VNE), a Swedish company Manufacturers and users of LiDAR components, the company's recent partnership with Velodyne, also began developing short-range components.

ON Semiconductor (NASDAQ : ON) is a company that produces intelligent sensing solutions in automotive and image sensor, radar and LiDAR technologies in partnership with Korean company SOS LAB Startup.

Innoviz, in conjunction with the new Business Combination with Collective Growth Corporation (CGRO) ticker, is INVZ, an Israeli company focused on developing solid-state LiDAR sensors.

Aeva, in conjunction with SPACs InterPrivate Acquisition Corp (IPV) new ticker as AEVA, has developed an exciting new technology, 4D LiDAR.

Ouster, in conjunction with the new SPACs Colonnade Acquisition (CLA) ticker as OUST, has created Digital LiDAR technology, which the company claims is more efficient and cheaper.

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