UKTodayNews quotes Ouster CEO Angus Pacala saying only three to five lidar companies will remain in five years.
Sam Abuelsamid, principal research analyst at Guidehouse Insights, wonder if there’s enough room for the dozens of competitors vying for contracts.
Yole Developpement quotes CEO of XenomatiX Filip Geuens saying that it is now the time for convergence and consolidation in LiDARs: "After a period of intense technology exploration, a time of convergence and consolidation has started. It is becoming more clear which solutions will prevail.
Now it’s a matter of industrializing and letting mature the solutions that have survived the experimental phase."
CNBC: Kyle Vogt, the co-founder and president of Cruise, General Motors’ majority-owned autonomous vehicle subsidiary, is predicting a consolidation/collapse of the lidar industry, specifically regarding companies that have gone public or plan to do so through deals with blank check companies.
Mature markets have about 3 players, right? isnt it a law in game theory? I wonder that in some markets so many small players can exist, take industrial cameras or industrial electronics in general. Visit a exhibition like SPS/IPC/Drives for example where hundreds or rather thousands of companies offer more or less the same io nodes, servo drives etc. Also industrial camera manufacturers there are rather 100 than 10. I wonder how this is possible? Maybe the lockin effect of software tools and poor standardistation? If customers were able to switch, i guess there would be a huge consolidation. But since the standards that are avaliable are supplier standards (plus there are many different ones to keep the market segments small), the ability to switch is a bit limited in reality and the market still allows a lot of rather small suppliers.
ReplyDeleteIt looks like this is not true for every market, car industry comes to my mind...
DeleteI was at a fabless CMOS company back in 1999 - there were nearly 30. I tracked these companies on a spreadsheet for a few years, watched them shut down (like mine), merge, get acquired then got really confusing (Photobit went to Micron, which went to Aptina then went to On?).
ReplyDeleteAnyway it went from almost 30 to just a few today, but some new entrants as China sets up their own supply chain.