Global and China Smart Road-Roadside Perception Market Report 2021 - Roadside Perception Market will be Worth RMB20 Billion in 2025
DUBLIN, July 21, 2021 /PRNewswire/ -- The "Global and China Smart Road-Roadside Perception Industry Report, 2021" report has been added to ResearchAndMarkets.com's offering.
Roadside Perception Research: Giants Race to Deploy Radar Video All-in-one and Holographic Perception
Traditional roadside perception solution providers such as VanJee Technology, Changsha Intelligent Driving Institute Ltd. (CiDi) and China TransInfo Technology already unveil their roadside LiDAR products.
In March 2021, VanJee Technology managed to deploy its smart base stations that integrate with V2X roadside antenna and LiDAR in Xiongan Civic Center V2X Demonstration Project and High-speed Railway Hub Road Intelligence Project.
Also, automotive LiDAR vendors like RoboSense and Ouster have started a foray into the roadside perception field. In 2020, Ouster and LiangDao Intelligence together created a LiDAR-based roadside solution.
(4) Radar video all-in-one
Radar video all-in-ones that feature integrated design and unified installation and share power supplies, can save a lot of costs of materials and installation. The fronted deployment of perception fusion algorithms at the terminal end leads to a marked reduction in perception latency and computing load at the edge end; and the combination of merits of video and radar offers higher target detection accuracy.
Currently, roadside vision-based HD camera vendors like Dahua Technology and Hikvision and roadside radar vendors such as Raysun Radar, Hurys and DeGuRoon have introduced their radar video all-in-ones. Among them, in 2019 Oculii released 4D radar video all-in-one that uses Falcon, its first-generation point cloud imaging radar; in the second half of 2021, Raysun Radar unveiled IET6LRR, its new-generation radar video all-in-one that provides the maximum detection range of 425 meters.
Huawei and Baidu have stepped into the field and launched "holographic perception intersection" solutions
Holographic perception is a foundation for the development of smart roads. It needs roadside perception equipment to provide comprehensive, high-quality, stable traffic data. Since 2000 Huawei, Baidu, OriginalTek and the Institute of Deep Perception Technology (IDPT), among others have rolled out their holographic perception solutions.
The roadside perception market will be worth RMB20 billion in 2025
Intelligent roadside perception will firstly cover highways and urban intersections. The official statistics show that China has 149,600km highways in all, with the overall density of road networks averaging 6.1km/km2 and the total urban construction areas reaching 21,000 km2 in 36 major cities.
On our estimate, China's intelligent roadside perception equipment market (including RSU, camera, radar, LiDAR, and radar video all-in-one) will be valued at RMB20 billion or so in 2025. Camera and radar will be still mainstream devices for roadside perception, while radar video all-in-one and LiDAR will gather pace.
Smart Road-Roadside Perception Industry Report, 2021 highlights the following:
For more information about this report visit https://www.researchandmarkets.com/r/bk4ih2
Research and Markets
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SOURCE Research and Markets