Best Lidar Penny Stocks and Small Cap Bets

There’s a pretty large market in the next couple of decades for LiDAR sensors for the AV market. In 2020, only 8 million of those cars sold will had some level of low autonomy. In in the next couple of years this is all set to change, in a marked way. We have to admit that in this decade gone will be the days when driverless vehicles were confined to the realms of science fiction.

At the Last Futurist we like to make lists of potential stocks, this is not financial advice, do your own due diligence. So what is LiDAR? LIDAR involves 3D scanning technology and makes use of laser beams to detect objects, thereby providing accurate measures of spatial locations based on the time taken by every laser pulse to reflect back to sensors.

Self-driving vehicles are to be outfitted with these laser light perception sensors called LIDAR, which renders precise images of the environment around the cars and responds to the surroundings with human-like abilities.

By 2030, all 70 million are expected to include some form of autonomy, with many projecting to have high autonomy. However due to the new amount of added liquidity since the Fed stimulus to the stock market, what would be penny stocks, well they are mostly in the $10 to $20 range. Then there’s the hype related to the future of cars that we see in the EV sector, it’s all shot prices up a bit too much. But here’s the list:

  • $MVIS
  • $VLEEY
  • $VLDR
  • $CGRO (Israel’s Innoviz Technologies)
  • $LAZR
  • $FRSX
  • $CLA
  • $IPV
  • $VNE (Sweden)
  • Livox (a China LiDAR leader: https://www.livoxtech.com/ )
  • Hexagon AB (Sweden)
  • Continental AG (Germany)
  • First Sensor AG (Germany) $FSXXF
  • Denso Corp (Japan)
  • ON Semiconductor Corp.
  • $APTV
  • Waymo (a part of Alphabet)
  • $NVDA

The biggest the partnerships these companies have, the better the future prospects so look for ones with serious partners and with serious backers. Just like in the EV sector we can expect a large degree of consolidation in the 2020s in this space that could already be significantly overvalued as a group.

The “automotive detection and ranging sensors market” will have a compound annual growth rate of 17% between 2019 and 2025. The leaders will clearly be pretty profitable. They may also be in drones and other robotic and IoT devices.

It’s tempting to invest in futurist and disruptive tech but among these in early 2021, it’s pretty difficult actually to spot the winners. The majority of the major AV startups and tech companies use LiDAR so their suppliers will be really quite profitable if they manage to acquire competitors and scale as AVs continue to mature and evolve. Any article that doesn’t list at least these 18 companies, is not covering the topic very well.

Geographically, the global market for automotive LiDAR sensor is segmented into North America, Europe, Asia-Pacific, and LAMEA. The market size for North America automotive LiDAR sensor accounted for $86.6 million in 2018, and is projected to rise at 38.8% CAGR by the end of 2026.

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