LiDAR for Automotive Patent Landscape 2022
The LiDAR-related patent landscape is very dynamic, with numerous newcomers Over the last 7 years, the automotive industry has strongly believed that LiDAR would be one of the key sensors to develop high-level Advanced Driver Assistance Systems (ADAS) and 3D mapping solutions, unlocking the door to autonomous vehicles and robo taxis. Today, the market for LiDAR in automotive is divided between ADAS and robotic vehicles. Both applications show a high expected compound annual growth rate (CAGR) of 111% and 33%respectively over the 2020-2026 period, according to Yole Dévelopment’s report. Players that can provide automotive-grade LiDAR with advanced 3D mapping would be in a good position to take a nice slice of the million-dollar cake. Being able to protect their position with strong intellectual property (IP) can be a big asset in this highly competitive industry.
In this context, Knowmade is releasing a new patent landscape report covering the whole supply chain of LiDAR for automotive applications, from electronic components, optical systems and LiDAR devices to systems using LiDAR and computing. Patent landscape analysis the perfect complement to market research, to fully comprehend the competitivelandscape and technology roadmap, keep up with new technology developments, anticipate future technology adoption, and understand the different competitors’ strategies. This kind of patent landscape report reveals the companies, technical solutions and strategies not identified through standard market analysis.
The intellectual property (IP) landscape also confirms the strong enthusiasm for LiDAR. Indeed, since 2018 we have witnessed the entrance of many LiDAR pure players that contribute to the very strong acceleration in patenting activity. Furthermore, the low number of academics among patent applicants attests to the maturity of the technology. These players are today competing against well-established tier one suppliers that benefit from their early activity related to low-level ADAS systems back in the 2000s.
The strong competition has already led to significant changes in the LiDAR-related patent landscape over the last 2 years. Indeed, Denso lost its leading IP position to Bosch. Chinese LiDAR pure players Hesai Technology and Robosense became the new IP challengers, while many smaller IP players just entered the game or closed the gap. In addition, as the LiDAR automotive market is just beginning to grow, many collaborations are occurring, and mergers and acquisitions (M&A) may happen to consolidate the players’ market and IP position.
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