With the advancement of advanced computer vision technology and radar sensor chips, lidar is gradually becoming an increasingly important part of the autonomous driving technology system. However, lidar systems are also penetrating into a variety of other applications, including industrial automation, robotics, and drones. Advanced map mapping is another fast-growing market for lidar. Considering that map mapping is the first application of the laser pointer scene in lidar technology, this is not surprising.
However, driven by the latest lidar technology, mapping functions have become more powerful and complex. In fact, Lidar was used to find a Maya metropolis hidden in the jungles of Guatemala for centuries, including thousands of buildings and streets full of commercial atmosphere.
These ever-expanding application scenarios and continuous improvement of LiDAR technology herald a bright future for the LiDAR market. By 2027, the market value of automotive LiDAR will reach nearly $ 13 billion. Relevant markets will also benefit from the growth of LiDAR. It is predicted that the compound annual growth rate of GaN power devices will reach 79% in the next five years, reaching a market size of 460 million US dollars by the end of 2022. Power GaN technology is well-suited for high-performance and high-frequency applications. “LiDAR, wireless charging, and envelope tracking are all high-end low / medium voltage applications, and GaN is the only laser pointers technology in the prior art that can meet its requirements.