Is Lidar On Its Way Out, Camera’s Market Size From 76% To 79% Within 10 Years, Says Idtechex

Autonomous mobility is the key value proposition for many robots, and autonomous driving has gained significant momentum across the robotics industry. Traditionally, autonomous mobility has relied heavily on LiDAR, but with the successes of Tesla and John Deere’s autonomous vehicles using cameras only, the tide is shifting, and cameras are poised to take over. IDTechEx’s research shows that the market share of LiDAR in the robotics industry will decrease, while the market share of cameras is expected to increase.