Autonomous Vehicles Will Drive Automotive Sensor Market Growth, Finds IDTechEx Research
With level 2 vehicles only requiring a single forward-facing radar, level 3 clearly creates a big opportunity for the automotive radar market.
- With level 2 vehicles only requiring a single forward-facing radar, level 3 clearly creates a big opportunity for the automotive radar market.
- IDTechEx's report "Automotive Radar 2024-2044: Forecasts, Technologies, Applications" finds that 70% of new vehicles are shipped with a forward-facing radar.
- This seismic change in radar technology unlocks new performance and new value for this sensor with a long-established presence in the automotive market.
- The automotive LiDAR market is currently very small, with only a handful of vehicles deploying this futuristic sensor.