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Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential
While electric powered motor vehicles (EVs) are obtaining the headlines in the automotive industry, there are two other tendencies that will reward nearer trader notice. These are driver guidance and autonomous motor vehicles. These are based on equivalent technologies – state-of-the-art sensor techniques, device discovering and AI, and interactive interfaces for the human operator – but they fill distinctive roles. For buyers, even so, these systems will offer a realm of chances the place the rubber fulfills the street. The vehicle market authorities from expenditure firm Goldman Sachs have been proper on major of these new developments in the automotive world, and have been specifically enthusiastic about LiDAR devices. These…
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Automotive LiDAR – Still Alive & Kicking
LiDAR sensors and GPS antennas are displayed on a fully autonomous Caterpillar Inc. 777 mining haul … [+] truck at the company’s booth during the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 5, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images) AFP via Getty Images Heading into 2023, LiDAR (Light Detection and Ranging – a 3D imaging technology) appeared to be struggling, given the delays in launching profitable autonomous vehicles and the ~80-90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} drop in valuations of SPAC-funded (Special Purpose Acquisition Company) LiDAR companies. LiDAR pioneers were facing severe business hurdles. Some declared bankruptcy (Quanergy, Ibeo), shut down operations…
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Automotive LiDAR Market to value USD 100 Billion by 2032: Global Market Insights Inc.
Global Market Insights Inc. Major automotive LiDAR market participants include Valeo SE, Tetravue, Inc., SICK AG, Quanergy Systems, Inc., Ouster, Inc., OMRON Corporation, LeiShen Intelligent Systems Co., Ltd., LeddarTech, Inc., Innoviz Technologies Ltd., Cepton Technologies, Inc., Benewake (Beijing) Co., Ltd., AEye, Inc., Argo AI, LLC, and Aurora Innovation, Inc., among others. Selbyville, Delaware, Dec. 05, 2022 (GLOBE NEWSWIRE) — The automotive LiDAR market is expected to record a valuation of USD 100 billion by 2032, according to a new research report by Global Market Insights Inc. The report reveals that the escalating investment in automotive technology is a prominent driver for LiDAR sensor demand. For instance, in February 2022, Germany-based…
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Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential
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