The primary objective behind ranging (LiDAR) and light detection is based on the time taken by an object to come back to its original position. The LiDAR technology has evolved by getting inspired from the way sound waves are utilized by bats. LiDAR technology witnessed an upsurge in demand upon the creation of autonomous vehicles. Whether it is some electronic gadget or a self-driving car, LiDAR technology has become indispensable for the technological future. Because of its growth aspects, the
global LiDAR market is expected to go great guns in the upcoming future.
Demand for LiDAR Technology Skyrocketed
The cost factor has always been the main obstacle when it comes to inventing autonomous cars. Thus, the latest invention of Toshiba, a compact silicon photo-multiplier or SiPM, has proved to be extremely efficient in reducing the additional costs while maintaining the high-resolution capability of LiDAR. An automotive LiDAR utilizes radar data integrated with GPS to form a virtual 3D map of the region to drive the vehicle smoothly by avoiding all obstacles. Furthermore, Toshiba’s SiPM targets to enhance conventional technology with the help of a light sensor using a SPAD or single-photon avalanche diode. The SiPM holds numerous SPADs that are controlled by an AQC or active quenching circuit.
LiDAR systems have already become an essential component of all self-driving vehicles. However, they are bulky as well as expensive for automotive applications. Therefore, a new silicon chip has been developed by the researchers at the University of Colorado that overcomes the drawbacks of conventional technology. The study reveals that a silicon chip with moving parts or electronics would result in its widespread adoption.
With the developments in LiDAR technology and a rise in the number of researches to invent upgraded LiDAR-based devices, the leading market players established in the LiDAR industry would face lucrative opportunities. Undoubtedly, the future is driven by the notion of complete autonomy, and to accomplish those advancements in LiDAR technology is instrumental. Furthermore, increasing demand for 3D imaging and 3D printing is bound to shoot up the demand for advanced LiDAR technology.