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Hardly Any Reception Consolidation in the Sensor Industry

From Dirk Kunde | Translated by AI 7 min Reading Time

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FAULHABER Drive Systems

The sensor set consisting of lidar and radar is not a sure-fire success in the supplier industry. Car manufacturers are too hesitant in their approach to Level 3 driving. Suppliers and start-ups are suffering as a result.

Suppliers and start-ups are constantly improving sensor technology. But much of it does not make it into series production(Image: Steve Fecht)
Suppliers and start-ups are constantly improving sensor technology. But much of it does not make it into series production
(Image: Steve Fecht)

Velodyne merges with Ouster in the USA. The Japanese conglomerate Koito takes over Cepton. Microvision takes over three companies in the consolidation phase—the latest candidate is Luminar. For 33 million dollars, Microvision was awarded the contract by the insolvency court in the USA at the beginning of February. Luminar's market capitalization in 2020 was around six billion US dollars. The company was the most glamorous name in the lidar industry. Founder Austin Russell was just 17 years old when it was launched. With Luminar, he became the youngest self-made millionaire in stock market history.

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