Optics.org
daily coverage of the optics & photonics industry and the markets that it serves
Featured Showcases
Photonics West Showcase
News
Menu
Lidar market expectations: adjusted down
Yole's latest market outlook for the lidar sector has revised down expectations significantly. The analyst company had previously predicted a $6 billion market by 2024, but recent dramatic price falls have seen that outlook cut to only $3.8 billion. Automotive applications in ADAS and autonomous driving systems are still expected to provide most of the impetus for growth over the next five years. Image: Yole Développement.
© 2024 SPIE Europe
Top of Page