In recent years, the global intelligent assisted driving industry has emerged rapidly, and the market scale is climbing rapidly, with GII data estimating that it will reach US$297.3 billion by 2027. Yole estimates that the overall LIDAR market will grow from $180 million in 2020 to $5.7 billion in 2026, with a compound annualized growth rate of 23%. LIDAR may become a new "blue ocean", bringing new opportunities for related industry chain companies.

 

 

In May this year, Opsys, an Israeli pure solid-state LiDAR developer, announced that it had entered into an agreement with Shanghai Ofi Auto Link Technology Co. ("Shanghai Opsys"), a wholly owned subsidiary of Officera Group Co. Since then, the team of Shanghai Eurofins has made efforts and completed the first technical connection of this pure solid-state LIDAR with many domestic OEMs and new car makers in just two months in July and August.

 

 

Compared with traditional LIDAR, this pure solid-state 2D addressable LIDAR has several technical breakthroughs.

 

 

☑ pure solid state, without any moving parts, with high durability.

 

☑ low cost production of the entire assembly through a more advanced VCSEL emitting laser and SPAD detector.

 

☑ providing up to 0.1°/0.1° angular resolution and up to 1000 Hz scan rate.

 

☑ detection probability >90% within 200 m @ 10% reflectivity objects at 0.1°/0.1° angular resolution.

 

☑ consistently providing the highest performance resolution of this module with uniform distribution within the field of view angle of the unit module.

 

☑ The thickness of the forward telemetry sensing assembly module is less than 50mm, which is more conducive to the whole vehicle styling design of the OEM.

 

 

This pure solid-state LIDAR has a number of technical breakthroughs and patents, and its technical parameters are explained in detail by on-site technicians and supplemented by random road sections of real vehicles and tests at any time, bringing a shocking visual impact to the technology of major car companies and their related practitioners: the point cloud quality with almost no noise can be found, which brilliantly restores the real scenes and images around the traveling car.

 

 

 

This pure solid-state LIDAR with its chic unitized design overturns the traditional mechanical or MEMS semi-mechanical semi-solid-state LIDAR design structure. Its transceiver and transmitter module chip-based mode, combined with the AA optical module assembly method that Offset is specialized in, makes this LIDAR more like a "high-end camera". It is designed and assembled in the same way as the trinocular camera that is being supplied in large quantities by Shanghai Ovation.

 

 

 

In view of the excellent performance of this pure solid-state LIDAR in random road conditions and real tests at any time, some OEM technical, planning and procurement teams have visited Shanghai Eurofins many times for technical and commercial discussions, including many multinational high-end car companies. According to the development plan, a round of test prototype booking queue is expected in the fourth quarter of 2022. With the first landing of this pure solid-state LIDAR installed in vehicles, it will accelerate the pace of iterative upgrade of China's automotive intelligent assisted driving technology.

 

 

 

 

With 20 years of experience in optical and optoelectronic field, Ovation has strong technical strength in optical R&D, design and manufacturing, as well as high-end COB packaging process in SMT field, and also has high level of automated manufacturing production capacity, integrating debugging, assembly, testing and quality control.

 

 

Since 2015, Ovation has been laying out the smart car field in a forward-looking way, and has obtained the supplier qualification of more than 20 domestic car manufacturers, and actively carries out the supplier qualification certification of foreign car manufacturers. Relying on its technological advantages in optical and optoelectronic fields, the company has deeply laid out intelligent driving, body electronics and intelligent center control, based on optical lens and camera, and extended to millimeter wave radar, LIDAR, head-up display (HUD) and other products, providing customers with a full range of products and services.

 

 

The core competitiveness of Ovation's automotive business is the ability to provide system-level solutions. Based on advanced sensors, while actively expanding hardware, software and algorithm capabilities, the company can customize and develop system-level products such as automatic parking systems, perimeter vision systems, integrated driving domain controllers, body domain controllers with integrated Ethernet gateway, instrumentation center controls, and HUDs. It has the ability to achieve cross-domain integration in the future.

 

 

In the first half of 2022, Ovation's intelligent vehicle business achieved operating revenue of 596 million yuan, an increase of 44.31% year-on-year. At present, Ovation's smart car business customers include both traditional car companies and car-making new forces. In the field of car camera, the company has achieved mass production of many products and become the main supplier of many domestic automobile manufacturers. With strong R&D strength, fast development cycle, solid customer base and high-quality, automated process technology, the company will drive the rapid growth of smart car-related revenue.