计算机行业研究：激光雷达系列深度之五：AEBS新规催化标配预期，割草机+无人城配快速放量

Investment Rating - The report recommends key global lidar leaders such as SUTENG and Hesai in the context of the accelerating release of non-automotive lidar applications [4] Core Viewpoints - The report emphasizes that lidar is not only the "eye of intelligent driving" but also a "next-generation universal sensor" that is expected to cover all broad robotic scenarios in the future [5] - The intelligent lawn mower market is witnessing significant orders, and the robovan market is rapidly scaling from 1 to 10, validating the report's logic [5] - The report highlights that the automotive lidar market is accelerating upward due to cost reduction and policy catalysis, with L3/L4 advanced intelligent driving expected to create a "value inflation engine" for vehicles [5] Summary by Sections Automotive Market - The new AEBS regulations are expected to promote the standardization of lidar in vehicles, leading to both down-market and high-end growth [7] - For L2 and below models, the AEBS regulations may push for lidar to become standard in M1 and N1 vehicle types [11] - For L3 models, high-performance lidar and multi-lidar setups are becoming essential for domestic L3 vehicles [5][24] - The L4 market is seeing significant breakthroughs with major manufacturers deploying 7-10 lidar units in their fleets [5][31] Lawn Mower Market - The trend towards 3D perception is clear, with lidar becoming a necessary sensing solution for smart lawn mowers [5] - The report estimates that the total addressable market (TAM) for lawn mower lidar could reach 6.4 billion yuan [5] - Leading lidar manufacturers are signing contracts with smart lawn mower clients, with order volumes exceeding one million units [5][7] Robovan Market - The report identifies robovans as a new market for ADAS lidar, with significant cost reductions in logistics [5] - The TAM for robovan lidar is projected to reach 40 billion yuan, indicating a substantial market opportunity [5] - Major lidar manufacturers are forming partnerships with leading robovan manufacturers, focusing on cost control and compliance with automotive-grade standards [5][31]