David Hall

“The market for LiDAR in automotive and industrial applications is expected to reach US$5.7 billion (€4.80 billion) in 2026, showing a significant 21% CAGR between 2020 and 2026,” asserts Alexis Debray, PhD., senior technology & market analyst, photonic, sensing & semiconductor at Yole Developpement.

Velodyne LiDAR Inc., the provider in 3D real-time perception systems for autonomous vehicles, announced its selection by Mercedes-Benz Research & Development as a critical sensor supplier for the VLP-32C Ultra Puck™ for further development of fully automated and driverless vehicles.