Automotive LiDAR Market Size, Share and Growth Overview 2022-2027

The most recent report on the Global Automotive LiDAR Market, its size, share, demand, growth prospects, and future outlook, issued by MarkNtel Advisor, is an exhaustive compilation of data garnered through rigorous research, impartial viewpoints, precise information, and insights shedding light on various aspects of the industry and its worldwide market impact. The report presents well-structured and carefully prepared details, meticulously investigated by expert researchers with a strong focus on maximizing shareholder profitability. The study aims to offer a comprehensive industry overview, systematically categorized into minute sections, encompassing all critical information influencing market dynamics.

Report's Study Period:

Historical period: 2017 – 2020
Base Year: 2021
Forecasting period: 2022 – 2027

Following Questions Covered in this Market Analysis Report:

What's the current size of the Automotive LiDAR Market?
Who are the major players in this market and what's their market share?
What factors are driving the market's growth?
Are there any notable trends in the Automotive LiDAR Market?
How is competition shaping up in the market?

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Automotive LiDAR Market Geographical Breakdown:

- North America

- South America

- Europe

- Middle East and Africa

- Asia-Pacific

Through the regional analysis section, the report aims to provide an overview and forecast of the market considering various regional, cultural, regulatory, political, economic, social, technological, and other industry-specific differences and variations. This analysis includes assessing the presence or absence of major market players and more.

Automotive LiDAR Industry Growth Driving Factor –

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.

Moreover, to foster autonomous vehicle adoption, governments across the globe have introduced various policies, legislations, and initiatives that are expected to catalyze the demand for autonomous vehicles. In this regard, the European Union (EU) launched Horizon 2020, which aimed to provide research innovation along with several funding programs to accelerate the incorporation of the autonomous vehicle. The program was stipulated for 2014-2020 with an estimated investment of USD88 billion has stimulated the demand for LiDAR sensors in autonomous vehicles.

Analysis of Top Leaders in the Automotive LiDAR Industry:

- Delphi Automotive, PLC

- Continental AG

- ZF Friedrichshafen AG

- Infineon Technologies AG

- Velodyne LiDAR, Inc.

- Texas Instruments, Inc.

- Leddartech, Inc.

- First Sensor AG

- Quanergy Systems, Inc.

- Innoviz Technologies, Ltd.

- Luminar Technologies

- Ouster, Inc.

- Robert Bosch GmbH

- Valeo

- Benewake (Beijing) Co., Ltd.

- Others

The research report extensively covers essential information and advancements in the Global Automotive LiDAR market, with a spotlight on major market players. The market displays a moderate degree of fragmentation, with many players holding relatively small market shares, which impacts the market dynamics independently. Additionally, the report offers in-depth insights into these companies, encompassing their profiles, offerings, financial particulars, significant developments, and more.

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Automotive LiDAR Market Segmentation Analysis: 2022-2027

The market is notably fragmented and consists of diverse subcategories. The report's objective is to characterize, analyze, and forecast the path of each subcategory, presenting insights, trends, and developments that influence the movement of these segments and sub-segments. This analysis helps stakeholders navigate the industry's complexities with a comprehensive understanding of its finer points.

Furthermore, the report offers important demographic, regional, psychographic, and behavioral data regarding business segments, empowering companies to identify the attributes to incorporate in order to meet consumer needs. Here's the breakdown of segments in the Automotive LiDAR Market:

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

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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The Global Automotive LiDAR report can be customized for clients, including specific locations or countries. Markntel Advisors allows further customization to match client preferences. Researchers aim to make the report user-friendly and tailored to stakeholders' needs.

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