Proof Point
LIDAR sensor prices have dropped from $80,000 in 2017 to an expected $100 by 2020
LiDAR Technology Price
2007 – 2020F (US$ logarithmic scale)
Proof Point Findings
- LiDAR – Sensor mapping car’s surroundings in 3D by bouncing light off objects to obtain distance and density, allowing driverless cars to avoid obstacles
- Significant Decline – Price dramatically fell by 99.5% in 10 years, from $80,000 in 2007 to $375 in 2017
- Expected Price – TechNavo expects price to reach $100 by 2020
- Key Drivers – Include continuous innovation of LiDAR technologies and manufacturing processes, increasing number of entrants in autonomous car market, advancing of autonomous vehicle technologies, deployment of semi-autonomous driving features in current cars, and easing government regulations to test driverless vehicles on public roads
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Accelerator |
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Sector |
Information Technology, Transportation and Logistics
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Source |
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Date Last Updated |
January 18, 2018
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