The automotive industry continues to be a hotbed of patent innovation. Innovation in LiDAR point cloud processing is driven by growing demand for autonomous vehicles, advancements in LiDAR sensor technology, government regulations, and the increasing availability of high-quality data. This is driving the development of real-time object detection, 3D scene reconstruction, and high-definition mapping for autonomous vehicles, enabling safer navigation and more accurate mapping for various applications. The automotive industry is utilizing LiDAR point cloud processing technologies for real-time object detection, 3D scene reconstruction, high-definition mapping, and semantic segmentation. These technologies aid in autonomous vehicle navigation, obstacle avoidance, and improved accuracy in tasks such as lane keeping assistance and adaptive cruise control. In the last three years alone, there have been over 1.7 million patents filed and granted in the automotive industry, according to GlobalData’s report on Artificial intelligence in automotive: LiDAR point cloud processing. Buy the report here.
However, not all innovations are equal and nor do they follow a constant upward trend. Instead, their evolution takes the form of an S-shaped curve that reflects their typical lifecycle from early emergence to accelerating adoption, before finally stabilizing and reaching maturity.
Identifying where a particular innovation is on this journey, especially those that are in the emerging and accelerating stages, is essential for understanding their current level of adoption and the likely future trajectory and impact they will have.
300+ innovations will shape the automotive industry
According to GlobalData’s Technology Foresights, which plots the S-curve for the automotive industry using innovation intensity models built on over one million patents, there are 300+ innovation areas that will shape the future of the industry.
Within the emerging innovation stage, autonomous on-demand logistics, end-to-end learning models, and adaptive driver alerting are disruptive technologies that are in the early stages of application and should be tracked closely. Vehicular vision, adaptive cruise control, and predictive acceleration control are some of the accelerating innovation areas, where adoption has been steadily increasing.
Innovation S-curve for artificial intelligence in the automotive industry
LiDAR point cloud processing is a key innovation area in artificial intelligence
LiDAR point cloud processing involves the conversion of raw point cloud data, obtained from a LiDAR sensor, into meaningful and actionable information. This process typically involves segmentation, classification, filtering, and feature extraction to derive insights from the point cloud data.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 30 companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of LiDAR point cloud processing.
Key players in LiDAR point cloud processing – a disruptive innovation in the automotive industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to LiDAR point cloud processing
Source: GlobalData Patent Analytics
Alphabet is one of the leading patent filers in LiDAR point cloud processing for automotive. Its latest patent focuses on real-time processing of data. Nuro and Intel are also developing innovative technologies in this field, preparing for autonomous vehicle deployment.
In terms of application diversity, Nuro leads the pack, while Fraunhofer-Gesellschaft and Walmart stood in the second and third positions, respectively. By means of geographic reach, Walmart held the top position, followed by Nuro and Intel
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Artificial Intelligence (AI) in Automotive.