The News: Nissan will utilize Luminar’s LiDAR technology for next generation driver assistance technology. This collaboration will bring advanced collision avoidance technology to Nissan’s Ground Truth Perception system that will be in vehicles starting by the mid-2020s and in nearly every Nissan model by 2030. Read the full Press Release from Nissan here.
Nissan will Utilize Luminar’s Lidar Technology for Next Generation Driver Assistance Technology
Analyst Take: The Luminar-Nissan collaboration is a big win for the automotive tech company as it is the first major collaboration in Asia. Nissan, like several other automotive manufacturers have been developing advanced driver assistance systems (ADAS) for some time now. But the partnership with Luminar will take the already in-development ADAS to the next level. It also continues to bring credence to the next-gen LIDAR technology. I believe this is a great partnership and win for Luminar as the company looks to expand its reach and prove its value in the ADAS market.
The Ground Truth Perception system, that was recently tested at Nissan’s headquarters in Japan, will utilize the LIDAR technology and a number of radars and other camera sensors to build a highly accurate 3D model that can interpret changing road conditions in real time. Most ADAS systems available in the market today do not utilize LIDAR technology, which limits what can and cannot be identified. The new system from Nissan taps into the power of Luminar’s LIDAR technology to be a key differentiator.
Nissan has plans to get the new ADAS into some vehicles by the mid-2020s, which is not unlike other automotive OEMs. But more ambitiously this is part of the long-term — and aptly named — vision Nissian Ambition 2030 that will aim to have this technology in nearly every Nissan by the end of the decade.
Luminar is on a Hot Streak
As I said, this collaboration is a big win for Luminar as it continues its hot streak in the automotive space. So far this year, Luminar has won deals with Volvo and Mercedes-Benz and has made key strategic acquisitions to be a major player in the future of autonomous driving. If the tests continue to be a success, this will be a huge step forward to making LIDAR more attractive to other OEMs, and ultimately make driving safer in the next generation of vehicles.
The continued growth of the design pipeline with this Nissan Motors win should be viewed as evidence that Luminar is set to be a staple in the high-growth autonomous and connected vehicle space.
Disclosure: Futurum Research is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
Analysis and opinions expressed herein are specific to the analyst individually and data and other information that might have been provided for validation, not those of Futurum Research as a whole.
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Image Credit: Nissan
The original version of this article was first published on Futurum Research.
Daniel Newman is the Principal Analyst of Futurum Research and the CEO of Broadsuite Media Group. Living his life at the intersection of people and technology, Daniel works with the world’s largest technology brands exploring Digital Transformation and how it is influencing the enterprise. From Big Data to IoT to Cloud Computing, Newman makes the connections between business, people and tech that are required for companies to benefit most from their technology projects, which leads to his ideas regularly being cited in CIO.Com, CIO Review and hundreds of other sites across the world. A 5x Best Selling Author including his most recent “Building Dragons: Digital Transformation in the Experience Economy,” Daniel is also a Forbes, Entrepreneur and Huffington Post Contributor. MBA and Graduate Adjunct Professor, Daniel Newman is a Chicago Native and his speaking takes him around the world each year as he shares his vision of the role technology will play in our future.