LiDAR On Its Way Out? Camera’s Market Size From 76% To 79% Within 10 Years

Autonomous mobility is the key value proposition for many robots. Thanks to the successes of self-driving systems in commercial vehicles from companies like Tesla Inc (NASDAQ:TSLA) and John Deere. Autonomous driving has gained significant momentum across the robotics industry. Autonomous driving for robots is nothing new, and autonomous mobility has traditionally heavily relied on LiDAR, thanks to their simplicity and ease of use. However, LiDAR presents a number of limitations, such as high upfront costs, low resolution, and lack of object recognition ability. Q4 2022 hedge fund letters, conf…

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