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Market Analysis

Illuminating the Future of Lidar in Automotive

Automotive, Market Analysis, Sensors /

In the rapidly evolving landscape of Advanced Driver-Assistance Systems (ADAS) and autonomous driving, sensor technologies have emerged as a pivotal force driving innovations in the automotive industry. Among these, three-dimensional (3D) Light Detection and Ranging (Lidar) stands out, offering precise mapping capabilities through laser-based remote sensing. The demand for Lidar in automotive applications is forecasted […]

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Revving Up: Building a Robust Chinese Ecosystem In the Automotive Camera Industry

Automotive, Market Analysis, Sensors, Yole Group /

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. In 2023, automotive imaging surged to US$5.7 billion, propelled by the rebound in car production, escalating demand for autonomy, and proliferation of higher-resolution product offerings. OUTLINE The image sensor and camera markets

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Mixed Messages on MaaS Market Readiness: An Analysis of New Driverless Vehicle Testing Data From the California DMV

Algorithms, Automotive, Market Analysis, Memory, Processors, Sensors, Software /

Over the last three to four years, the driverless robotaxi industry has begun to flourish. Driverless services are coming online in multiple cities across the US and China. IDTechEx‘s recent report, “Future Automotive Technologies 2024-2034: Applications, Megatrends, Forecasts“, predicts that the driverless robotaxi industry will be generating over US$470 billion annually through services in 2034.

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AI Chip Market to Grow 10x in the Next Ten Years and Become a $300 Billion Industry

Market Analysis, Processors /

The AI chip market has experienced impressive growth in recent years, driven by the surging demand for AI-powered technologies across industries. The global AI renaissance, which started last year, only fuelled the market growth, helping it to reach a staggering value in the following years. According to data presented by AltIndex.com, the global AI chip

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Decoding the Dynamics of Processors in Robotaxis, Robot Shuttles and Robot Trucks from $14M in 2023 to $1B in 2034: Which Strategy Will Baidu-Apollo, Cruise, Waymo, and AutoX Adopt?

Automotive, Market Analysis, Processors, Yole Group /

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. $1B market is expected for robotic vehicle processors in 2034 The global market for robotic vehicles is led by the United States and China, with Europe following closely. Robotaxi services are thriving

Decoding the Dynamics of Processors in Robotaxis, Robot Shuttles and Robot Trucks from $14M in 2023 to $1B in 2034: Which Strategy Will Baidu-Apollo, Cruise, Waymo, and AutoX Adopt? Read More +

Tesla’s Robotaxi Surprise: What You Need to Know

Automotive, Market Analysis, Processors, Sensors, Yole Group /

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. Level 4 autonomous driving would be difficult to implement with the EV manufacturer’s current camera-only strategy. Elon Musk’s announcement that Tesla hold a robotaxi unveiling on 8/8 was surprising, as the company

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Radar Innovation: A Bright Future

Automotive, Market Analysis, Object Identification, Object Tracking, Sensors, Yole Group /

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. From automotive to consumer, radar adoption is experiencing a surge driven by regulation and innovation. OUTLINE The radar module market is projected to reach close to US$36.5 billion by 2029, exhibiting a

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Autonomous and Sensor Technology Industry to Double and Hit $55 Billion Value by 2030

Market Analysis, Sensors /

Despite a challenging year in 2022, the autonomous and sensor technology market, the third-largest revenue stream in the global AI industry, has demonstrated its resilience. After a record high of $31.5 billion in 2021, the market size experienced a significant 45% drop. However, the industry is now on a trajectory of recovery and growth, with

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Here’s Why the SDV Market Will Be Worth $700 Billion by 2034

Automotive, Market Analysis, Software /

The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx‘s “Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034” report. That sum can be sourced from several areas, such as monthly connectivity subscriptions, commission from in-vehicle payments, and

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