LIDAR is a key technology addition to the current suite of advanced driver assistance system (ADAS) sensors in helping car OEMs to implement safety functions (collision warning, automatic emergency braking) and autonomous vehicles.
IHS Markit projects automotive LIDAR system revenues will reach $2.5 billion in 2026 from $230 million in 2016; and LIDAR semiconductor revenues to reach $1.8 billion in 2026 from $103 million in 2016.
Senior Analyst, Automotive Electronics & Semiconductors
Akhilesh Kona covers the area of automotive semiconductor, with focus on advanced driver assistance systems (ADAS) and body electronics. He is responsible for market research on sensors and semiconductor content including various technology trends in the field of ADAS.