Luminar announced its partnership with Autonomous Intelligent Driving
(AID), a subsidiary of Audi to launch self-driving cars by 2021
Germany: Audi AID announced its collaboration
with lidar maker, Luminar, to provide forward-facing high fidelity & long-range
LiDAR technology and accelerate plans towards AID’s first fully autonomous
deployments in 2021. AID is the self-driving technology supplier for the
Volkswagen group, including Audi, Porsche and VW. AID uses proprietary software
and deep machine learning-based approaches and has already started testing its
fleet in Munich with Luminar sensors.
CTO of AID stated “The aim of
the company is to work with the best brands within the industry to accelerate the
vision that will be realized across the entire VW Group. Perception remains a
bottleneck today for autonomous mobility and the company quickly worked to find
the most powerful sensors to make the perception task easier. That’s where
Luminar comes in as the technology is clearly above the pack in terms of range
and density, which is important for solving the most challenging problems in
autonomy.”
CEO of Luminar further added
that “AID is an ideal partner for Luminar with the backing and resources of the
world’s largest OEM, while maintaining a fresh software-minded spirit of a
high-growth startup. Together, our teams are able to achieve rapid development
with an agile, hands-on approach - combining hardware and software expertise to
enable autonomous mobility service by 2021. According to TechSci Research, the partnership
between Luminar and AID will assist in the development of autonomous mobility
technologies. The procurement will provide AID unit of the Audi with forward-facing
lidar hardware, which will be used to improve the system's navigation
capabilities.”
According to the recently
published report by TechSci Research, “Global
Semi & Fully Autonomous Vehicle Market, By Automation Level
(Level 0, Level 1 & Others), By Component (Embedded Systems, Cameras &
Others), By Vehicle Type, By Region, Competition Forecast & Opportunities,
2016–2030”, the global semi & fully autonomous
vehicle market is projected to exhibit a CAGR of over 21% to reach $ 64 billion
by 2030. Growing focus of automotive OEMs on enhancing safety features and
increasing government support for developing driverless vehicles are the major
factors anticipated to aid the growth of global semi & fully autonomous
vehicle market during the forecast period. Moreover, foray of technology giants
such as Google and Intel, among others, in autonomous vehicle market, is
further encouraging adoption of autonomous vehicles, thereby positively
influencing the global semi & fully autonomous vehicle market.
According to another TechSci Research report, “Europe
Semi & Fully Autonomous Vehicle Market, By Automation Level (L0,
L1, L2, L3 & L4/L5), By Component (Embedded System, Camera, etc.), By
Vehicle Type (Passenger Car & Commercial Vehicle), By Country, Competition
Forecast & Opportunities, 2016-2030”,
Europe semi & fully autonomous vehicle market stood at $ 1.1 billion in
2016 and is projected to reach $ 16 billion by 2030. Anticipated growth of the
market is led by growing government support for developing driverless vehicles
to ensure safe driving. Moreover, over the last few years, automobile
manufacturers have been constantly focusing on enhancing the safety features in
the vehicles, which is further anticipated to positively influence Europe semi
& fully autonomous vehicle market in the coming years. Additionally,
growing interests of technology giants such as Google, Intel, etc., is
encouraging companies worldwide to focus on the concept of autonomous vehicles.
Furthermore, increasing research & development in self-driving concept is
anticipated to fuel growth in the market in the coming years.
According to the recently
published report by TechSci Research, “Global
Autonomous Car Technology Market, Forecast and Opportunities, 2035”, the global autonomous
car technology market is currently dominated by ADAS segment, which is expected
to maintain its dominance over the next decade as well. The dominance of this
segment can be attributed to anticipated increase in government regulations
pertaining to integration of ADAS technologies in passenger cars. Region-wise,
North America has emerged as the largest contributor in the market for
autonomous car technology, followed by Europe, Asia-Pacific (APAC) and Middle
East North Africa (MENA).
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