Global Automotive LiDAR Market Insights Report Overview
The Global Automotive LiDAR market is projected to grow at a CAGR of around 29% during the forecast period, 2022-27.
Our report offers a thorough examination of the global landscape, providing valuable data, impartial analysis, and strategic insights to drive informed decision-making.
Report’s Study Period:
- Historical Period: 2017-20
- Base Year: 2021
- Forecasting Period: 2022-27
We accurately gather data from primary and secondary sources, capturing the industry’s historical fluctuations and trends, including market dynamics, consumer behavior, manufacturing insights, and more. Leveraging this data alongside the base year information, we project the industry’s trajectory into the future.
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Key Driver:
Rising Demand for Autonomous Vehicles Worldwide
The increasing inclination of automotive manufacturers toward manufacturing autonomous vehicles has accelerated the demand for automotive LiDAR sensors for enhancing safety requirements. The burgeoning advancements in autonomous vehicle technologies such as sensors, radars, and microprocessors, among others, have led to a surge in the adoption of autonomous vehicles, particularly from Level 1 to Level 3 as of now. Besides, the growing trend of Robo-taxis for seamless passenger transportation & automated delivery vehicles such as trucks, droids, etc., have opened new opportunities for LiDAR sensors to be equipped in these vehicles.
Segmentation Summary: Global Automotive LiDAR Market
Our report delves into the intricate segmentation of the Automotive LiDAR Market, providing insights into each subdivision’s trajectory, trends, and advancements. This analysis empowers stakeholders to navigate the industry landscape with precision, understanding the nuances of each segment.
By Technology
-Mechanical
-Solid-state
By Application
-Autonomous
-Semi-Autonomous
By Range
-Short & Mid-Range (Up to 200 meters)
-Long Range (Above 201 meters)
By Image Processing
-2-D
-3-D
-4-D
By Location
-Bumper and Grill
-Headlight and Taillight
-Roof and Upper Pillar
-Others (Windscreen, Rear View Mirrors, etc.)
By Vehicle Type
-Passenger Vehicles
-Internal Combustion Engine (ICE) Vehicle
-Electric Vehicle (EV)
-Commercial Vehicles
By Demand Type
-OEM
-Replacement
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Leading Competitive: Global Automotive LiDAR Market
- Delphi Automotive, PLC
- Continental AG
- ZF Friedrichshafen AG
- Infineon Technologies AG
- Velodyne LiDAR, Inc.
- Texas Instruments, Inc.
- Leddartech, Inc.
- First Sensor AG
Geographical Reach:
The Automotive LiDAR market Industry spans across various regions, each characterized by unique cultural, regulatory, and economic factors. Our regional analysis provides a comprehensive overview and forecast, considering these differences and assessing market players’ presence, consumer preferences, and more.
By Region
-North America
-South America
-Europe
-Middle East and Africa
-Asia-Pacific
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Key Focus Areas:
- What are the primary drivers and trends influencing the Automotive LiDAR market growth, and how is the market structured?
- How are segments within the Automotive LiDAR market defined, and what is the size of each segment?
- Which segments and geographical regions present the most promising growth opportunities?
- What does the competitive landscape look like, and how do key players position themselves within the market?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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