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| A02535 | Pages: 276 | Jul 2021 | 6322 Views | | |
| Author(s) : Akshay Jawarkar, Akshay Jadhav , Sonia Mutreja | Tables: 145 | Charts: 73 |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive Lidar Market
Request Now !The global automotive LiDAR market was valued at $221.7 million in 2020, and is projected to reach $1,831.9 million by 2028, registering a CAGR of 30.3%.
Following the directions of the WHO for minimizing the spread of the virus, governments of various countries have set up lockdown and trade restrictions, which has disrupted the exports of automotive parts, especially from China, large scale manufacturing interruptions across Europe, and the closure of assembly plants in the U.S. Therefore, the reduced production of automobiles due to the temporary shutdown of manufacturing plants is expected to impact the demand for LiDAR sensors in the automotive sector negatively. However, the pandemic is expected to have an indirect effect on the market. Semi-autonomous and autonomous vehicle industry is expected to revive in the near future. Realizing the benefit of contactless and driverless delivery in a world of physical distancing, many logistics companies, delivery companies, and the food delivery companies starting adoption of autonomous vehicles, in which LiDAR is the integral part.
Automotive LiDAR system uses pulsed laser light to measure the distance between two vehicles by illuminating the desired target and measuring the reflected pulses using a sensor. Automotive system utilizes LIDAR to automatically control vehicle speed and braking systems in response to sudden changes in traffic conditions. Primarily, it is used in semi or fully autonomous vehicles assistance features such as collision warning & avoidance systems, blind-spot monitors, lane-keep assistance, lane-departure warning, and adaptive cruise control. Earlier, sonar & radar systems were used in the automotive industry; however, automotive LiDAR have replaced them in automated systems. This is to accomplish the data requirements, owing to increase in the level of automation in vehicles and benefits such as higher accuracy and capturing of real-time data. LiDAR systems can detect objects at distances ranging from a few meters to more than 1000 m.
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Factors such as increase in developments of semi-autonomous & autonomous vehicle, rise in emphasis from the governments for ADAS incorporated vehicles, and surge in investments & funding in LiDAR startups are expected to drive the market growth. However, high cost of LiDAR system and environmental constraints & optical vulnerability pose a challenge for use of LiDAR hinder the market growth.
Furthermore, rapid technological advancement in automotive LiDAR and emergence of 4D LiDAR are expected to offer lucrative opportunities for the automotive LiDAR market growth.
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The automotive LiDAR market is segmented into application, technology, range, vehicle type and region. By application, the market is divided into sealed semi-autonomous vehicle, and autonomous vehicles. By technology, it is classified into mechanical LiDAR and solid-state LiDAR. By range, it is bifurcate into short- & mid-range and long-range. By vehicle type it is divided into internal combustion engine (ICE) and electric & hybrid. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Continental AG, First Sensor AG, Ibeo Automotive Systems GmbH, Innoviz Technologies Ltd, LeddarTech, Luminar Technologies, Ouster, Inc., Robert Bosch GmbH, Valeo and Velodyne LiDAR, Inc are some of the leading key players operating in the automotive LiDAR market.
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Following the directions of the WHO for minimizing the spread of the virus, governments of various countries have set up lockdown and trade restrictions, which has disrupted the exports of automotive parts, especially from China, large scale manufacturing interruptions across Europe, and the closure of assembly plants in the U.S. Therefore, the reduced production of automobiles due to the temporary shutdown of manufacturing plants is expected to impact the demand for LiDAR sensors in the automotive sector negatively. However, the pandemic is expected to have an indirect effect on the automotive LiDAR market.
Semi-autonomous and autonomous vehicle industry is expected to revive in the near future. Realizing the benefit of contactless and driverless delivery in a world of physical distancing, many logistics companies, delivery companies, and the food delivery companies starting adoption of autonomous vehicles, in which LiDAR is the integral part.
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With the automotive industry making persistent efforts towards developing semi-autonomous and autonomous vehicle, the LiDAR technology is poised to witness a massive surge in demand over the coming years. The implementation of the LiDAR in self-driving vehicles will allow them to collect information about a vehicle's surroundings to provide enough information for the onboard computer to take over from the driver. At present, level 1, 2 and 3 autonomous vehicles are available in the global automotive market, whereas level 4 and 5 autonomous vehicles are in development & testing phase and are expected to be introduced in upcoming years. Moreover, many the leading market players are making significant efforts to develop technologies for autonomous vehicles. Companies such as Daimler, Scania, and Volvo, Volkswagen, Ford, General Motors, Waymo among others plan to launch semi-autonomous and autonomous vehicle in the coming years. For instance, German carmakers BMW and Mercedes-Benz, as well as China's Xpeng and US-based Lucid Motors are launching vehicles in 2021 and 2022 with lidar as an option. Swedish carmaker Volvo together with Luminar Technologies introduced its LiDAR based flagship XC90 fully-electric SUV to be released in 2022. Also, in March 2018, Nissan announced plans to deploy LiDAR based autonomous drive technology ProPILOT in 20 models by 2022. Such efforts have widened the market acceptance of autonomous features in passenger and commercial vehicles in near future. Furthermore, the rapid development of next-generation self-driving vehicles such as robo-taxies and autonomous shuttles further expected to pose the demand for these autonomous vehicles. These vehicles are heavily depending on LiDAR sensors for their operations. Thus, the developments in semi-autonomous and autonomous vehicle technology are expected to drive the growth of the automotive LiDAR market.
The adoption of LiDAR technology in automobiles has giving rise to many newer applications and areas that would adopt LiDAR technology. Apart from the use in automobiles for ADAS, LiDAR can be used in robo-taxies for ride-sharing services, shuttle services, on-demand car services, and mobility-on-demand (MOD) fleets. Thus, the superior performance of LiDAR sensors has been attracting heavy investments from automotive OEMs across the world, aimed at enabling their development and adoption in next-generation autonomous vehicles. For instance, in July 2019, automotive LiDAR company Luminar Technologies Inc. received an investment of $100 million, led by G2VP LLC, Moore Strategic Ventures LLC, and The Westly Group, bringing its total raised to more than $250 million. With this investment, the company has developed a new LiDAR platform, named Iris, with the intention to generate compact low-cost LiDAR solutions for commercial trucks. Moreover, in January 2020, Hesai Photonics Technology Co. Ltd. received $173 million, as part of its Series C funding round, led by Robert Bosch GmbH, Lightspeed Ventures LLC, ON Semiconductor Corp., Qiming Venture Partners, and DT Capital Partners. Thus, the increasing investments and funding in LiDAR startups fueling the growth of market.
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Using LiDAR for automotive applications such as for advance driver assistance system or autonomous vehicles is expensive as compared to the traditional systems such as RADAR and cameras. The overall cost of a LiDAR system, including high-end hardware, sensors and scanners is approximately between $20,000 to $75,000. In addition, the post-processing software, such as point-cloud classification, might require third-party software, which could cost around $20,000 to 30,000 for a single license. Hence, upsurge in adoption of automotive LiDAR in other than developed countries such as China and the U.S., are limited by high costs. Although, the price of LiDAR systems is likely to reduce in the coming years with a significant number of players entering the market. However, the current cost of automotive LiDAR system is high, which in turns, anticipated to hamper the automotive LiDAR market growth.
Leading vendors and startups in automotive LiDAR industry are primarily focusing to enhance durability, performance and range of LiDARs. In addition, market vendors are focusing on the development of next-generation LiDAR sensors with continuous-wave frequency modulation (CWFM) technologies which help determine both velocity and the distance of the target. Unlike conventional LiDAR, CWFM LiDAR sensors are immune to background light and do not get affected by the presence of other light sources transmitting at the same frequency. In addition, the CWFM LiDAR sensor can detect the velocity as well as the distance of the object. For instance, in January 2021, a leading mobility supplier DENSO collaborated with U.S. LiDAR and perception systems company, Aeva, to bring next-generation Frequency Modulated Continuous Wave (FMCW) LiDAR and perception system to market. Moreover, advancement in gallium-based LiDAR, has reduced the cost of sensors in recent years, encouraging more manufacturers to make use of the technology. Furthermore, Quanergy, a Californian start-up developed the world's first optical phased array (OPA) 3D lidar for the automotive industry. Additionally, LeddarTech recently launched the LeddarTM Pixell 3D flash lidar module, which is optimized for proximity detection and blind spot coverage in urban environments. Therefore, such technological advancement in automotive LiDAR is expected to positively impact the growth of the automotive LiDAR market during the forecast period.
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Key Benefits For Stakeholders
Key Market Segments
By Application
By Technology
By Range
By Vehicle Type
By Region
Key Players
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.Porter’s five forces analysis
3.4.Market share analysis (2020)
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Increasing developments of semi-autonomous and autonomous vehicle
3.5.1.2.Growing emphasis from the governments for ADAS incorporated vehicles
3.5.1.3.Increasing investments and funding in LiDAR startups
3.5.2.Restraints
3.5.2.1.High cost of LiDAR system
3.5.2.2.Environmental constraints and optical vulnerability pose a challenge for use of LiDAR
3.5.3.Opportunities
3.5.3.1.Rapid technological advancement in automotive LiDAR
3.5.3.2.Emergence of 4D LiDAR
3.6.Impact of COVID-19 on global automotive LiDAR market
3.6.1.Evolution of outbreaks
3.6.1.1.COVID-19
3.6.2.Microeconomic impact analysis
3.6.2.1.Consumer trends
3.6.2.2.Technology trends
3.6.2.3.Regulatory trends
3.6.3.Macroeconomic impact analysis
3.6.3.1.GDP
3.6.3.2.Import/export analysis
3.6.3.3.Employment index
3.6.4.Impact on automotive LiDAR industry analysis
CHAPTER 4:AUTOMOTIVE LIDAR MARKET, BY APPLICATION
4.1.Overview
4.2.Semi-Autonomous Vehicles
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis by country
4.3.Autonomous Vehicles
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis by country
CHAPTER 5:AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY
5.1.Overview
5.2.Mechanical LiDAR
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country
5.3.Solid-state LiDAR
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country
CHAPTER 6:AUTOMOTIVE LIDAR MARKET, BY RANGE
6.1.Overview
6.2.Short- or Mid-range
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country
6.3.Long-range
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country
CHAPTER 7:AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE
7.1.Overview
7.2.Internal Combustion Engine (ICE)
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis by country
7.3.Electric & Hybrid
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis by country
CHAPTER 8:AUTOMOTIVE LIDAR MARKET, BY REGION
8.1.Overview
8.2.North America
8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by application
8.2.3.Market size and forecast, by technology
8.2.4.Market size and forecast, by range
8.2.5.Market size and forecast, by vehicle type
8.2.6.Market size and forecast, by country
8.2.6.1.U.S.
8.2.6.1.1.Market size and forecast, by application
8.2.6.1.2.Market size and forecast, by technology
8.2.6.1.3.Market size and forecast, by range
8.2.6.1.4.Market size and forecast, by vehicle type
8.2.6.2.Canada
8.2.6.2.1.Market size and forecast, by application
8.2.6.2.2.Market size and forecast, by technology
8.2.6.2.3.Market size and forecast, by range
8.2.6.2.4.Market size and forecast, by vehicle type
8.2.6.3.Mexico
8.2.6.3.1.Market size and forecast, by application
8.2.6.3.2.Market size and forecast, by technology
8.2.6.3.3.Market size and forecast, by range
8.2.6.3.4.Market size and forecast, by vehicle type
8.3.Europe
8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by application
8.3.3.Market size and forecast, by technology
8.3.4.Market size and forecast, by range
8.3.5.Market size and forecast, by vehicle type
8.3.6.Market size and forecast, by country
8.3.6.1.UK
8.3.6.1.1.Market size and forecast, by application
8.3.6.1.2.Market size and forecast, by technology
8.3.6.1.3.Market size and forecast, by range
8.3.6.1.4.Market size and forecast, by vehicle type
8.3.6.2.Germany
8.3.6.2.1.Market size and forecast, by application
8.3.6.2.2.Market size and forecast, by technology
8.3.6.2.3.Market size and forecast, by range
8.3.6.2.4.Market size and forecast, by vehicle type
8.3.6.3.France
8.3.6.3.1.Market size and forecast, by application
8.3.6.3.2.Market size and forecast, by technology
8.3.6.3.3.Market size and forecast, by range
8.3.6.3.4.Market size and forecast, by vehicle type
8.3.6.4.Russia
8.3.6.4.1.Market size and forecast, by application
8.3.6.4.2.Market size and forecast, by technology
8.3.6.4.3.Market size and forecast, by range
8.3.6.4.4.Market size and forecast, by vehicle type
8.3.6.5.Rest of Europe
8.3.6.5.1.Market size and forecast, by application
8.3.6.5.2.Market size and forecast, by technology
8.3.6.5.3.Market size and forecast, by range
8.3.6.5.4.Market size and forecast, by vehicle type
8.4.Asia-Pacific
8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by application
8.4.3.Market size and forecast, by technology
8.4.4.Market size and forecast, by range
8.4.5.Market size and forecast, by vehicle type
8.4.6.Market size and forecast, by country
8.4.6.1.China
8.4.6.1.1.Market size and forecast, by application
8.4.6.1.2.Market size and forecast, by technology
8.4.6.1.3.Market size and forecast, by range
8.4.6.1.4.Market size and forecast, by vehicle type
8.4.6.2.India
8.4.6.2.1.Market size and forecast, by application
8.4.6.2.2.Market size and forecast, by technology
8.4.6.2.3.Market size and forecast, by range
8.4.6.2.4.Market size and forecast, by vehicle type
8.4.6.3.Japan
8.4.6.3.1.Market size and forecast, by application
8.4.6.3.2.Market size and forecast, by technology
8.4.6.3.3.Market size and forecast, by range
8.4.6.3.4.Market size and forecast, by vehicle type
8.4.6.4.Australia
8.4.6.4.1.Market size and forecast, by application
8.4.6.4.2.Market size and forecast, by technology
8.4.6.4.3.Market size and forecast, by range
8.4.6.4.4.Market size and forecast, by vehicle type
8.4.6.5.Rest of Asia-Pacific
8.4.6.5.1.Market size and forecast, by application
8.4.6.5.2.Market size and forecast, by technology
8.4.6.5.3.Market size and forecast, by range
8.4.6.5.4.Market size and forecast, by vehicle type
8.5.LAMEA
8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by application
8.5.3.Market size and forecast, by technology
8.5.4.Market size and forecast, by range
8.5.5.Market size and forecast, by vehicle type
8.5.6.Market size and forecast, by country
8.5.6.1.Latin America
8.5.6.1.1.Market size and forecast, by application
8.5.6.1.2.Market size and forecast, by technology
8.5.6.1.3.Market size and forecast, by range
8.5.6.1.4.Market size and forecast, by vehicle type
8.5.6.2.Middle East
8.5.6.2.1.Market size and forecast, by application
8.5.6.2.2.Market size and forecast, by technology
8.5.6.2.3.Market size and forecast, by range
8.5.6.2.4.Market size and forecast, by vehicle type
8.5.6.3.Africa
8.5.6.3.1.Market size and forecast, by application
8.5.6.3.2.Market size and forecast, by technology
8.5.6.3.3.Market size and forecast, by range
8.5.6.3.4.Market size and forecast, by vehicle type
CHAPTER 9:COMPANY PROFILES
9.1.CONTINENTAL AG
9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.R&D expenditure
9.1.7.Business performance
9.1.8.Key strategic moves and developments
9.2.First Sensor AG
9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.R&D expenditure
9.2.7.Business performance
9.2.8.Key strategic moves and developments
9.3.IBEO AUTOMOTIVE SYSTEMS GMBH
9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.3.5.Key strategic moves and developments
9.4.Innoviz Technologies Ltd
9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.4.5.R&D expenditure
9.4.6.Business performance
9.4.7.Key strategic moves and developments
9.5.LEDDARTECH INC.
9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.6.Luminar Technologies Inc.
9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.R&D expenditure
9.6.7.Business performance
9.6.8.Key strategic moves and developments
9.7.OUSTER, INC.
9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.Key strategic moves and developments
9.8.Robert Bosch GmbH
9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments
9.9.Valeo
9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D expenditure
9.9.7.Business performance
9.10.VELODYNE LIDAR, INC.
9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.R&D expenditure
9.10.6.Business performance
9.10.7.Key strategic moves and developments
LIST OF TABLES
TABLE 01.AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 02.AUTOMOTIVE LIDAR MARKET FOR SEMI-AUTONOMOUS VEHICLES, BY REGION, 2020-2028 ($MILLION)
TABLE 03.AUTOMOTIVE LIDAR MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2020-2028 ($MILLION)
TABLE 04.AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020-2028 ($MILLION)
TABLE 05.AUTOMOTIVE LIDAR MARKET FOR MECHANICAL LIDAR, BY REGION, 2020-2028 ($MILLION)
TABLE 06.AUTOMOTIVE LIDAR MARKET FOR SOLID-STATE LIDAR, BY REGION, 2020-2028 ($MILLION)
TABLE 07.AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020-2028 ($MILLION)
TABLE 08.AUTOMOTIVE LIDAR MARKET FOR SHORT- OR MID-RANGE, BY REGION, 2020-2028 ($MILLION)
TABLE 09.AUTOMOTIVE LIDAR MARKET FOR LONG-RANGE, BY REGION, 2020-2028 ($MILLION)
TABLE 10.AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020-2028 ($MILLION)
TABLE 11.AUTOMOTIVE LIDAR MARKET FOR INTERNAL COMBUSTION ENGINE (ICE) , BY REGION, 2020-2028 ($MILLION)
TABLE 12.AUTOMOTIVE LIDAR MARKET FOR ELECTRIC & HYBRID, BY REGION, 2020-2028 ($MILLION)
TABLE 13.AUTOMOTIVE LIDAR MARKET, BY REGION, 2020–2028 ($MILLION)
TABLE 14.NORTH AMERICA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 15.NORTH AMERICA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 16.NORTH AMERICA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 17.NORTH AMERICA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 18.U.S. AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 19.U.S. AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 20.U.S. AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 21.U.S. AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 22.CANADA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 23.CANADA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 24.CANADA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 25.CANADA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 26.MEXICO AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 27.MEXICO AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 28.MEXICO AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 29.MEXICO AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 30.EUROPE AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 31.EUROPE AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 32.EUROPE AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 33.EUROPE AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 34.UK AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 35.UK AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 36.UK AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 37.UK AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 38.GERMANY AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 39.GERMANY AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 40.GERMANY AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 41.GERMANY AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 42.FRANCE AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 43.FRANCE AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 44.FRANCE AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 45.FRANCE AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 46.RUSSIA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 47.RUSSIA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 48.RUSSIA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 49.RUSSIA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 50.REST OF EUROPE AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 51.REST OF EUROPE AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 52.REST OF EUROPE AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 53.REST OF EUROPE AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 54.ASIA-PACIFC AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 55.ASIA-PACIFIC AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 56.ASIA-PACIFIC AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 57.ASIA-PACIFIC AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 58.CHINA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 59.CHINA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 60.CHINA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 61.CHINA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 62.INDIA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 63.INDIA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 64.INDIA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 65.INDIA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 66.JAPAN AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 67.JAPAN AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 68.JAPAN AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 69.JAPAN AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 70.AUSTRALIA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 71.AUSTRALIA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 72.AUSTRALIA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 73.AUSTRALIA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 74.REST OF ASIA-PACIFIC AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 75.REST OF ASIA-PACIFIC AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 76.REST OF ASIA-PACIFIC AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 77.REST OF ASIA-PACIFIC AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 78.LAMEA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 79.LAMEA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 80.LAMEA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 81.LAMEA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 82.LAMEA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 83.LAMEA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 84.LAMEA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 85.LAMEA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 86.MIDDLE EAST AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 87.MIDDLE EAST AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 88.MIDDLE EAST AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 89.MIDDLE EAST AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 90.AFRICA AUTOMOTIVE LIDAR MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 91.AFRICA AUTOMOTIVE LIDAR MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 92.AFRICA AUTOMOTIVE LIDAR MARKET, BY RANGE, 2020–2028 ($MILLION)
TABLE 93.AFRICA AUTOMOTIVE LIDAR MARKET, BY VEHICLE TYPE, 2020–2028 ($MILLION)
TABLE 94.CONTINENTAL AG: KEY EXECUTIVES
TABLE 95.CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 96.CONTINENTAL AG: OPERATING SEGMENTS
TABLE 97.CONTINENTAL AG: PRODUCT PORTFOLIO
TABLE 98.CONTINENTAL AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 99.CONTINENTAL AG: NET SALES, 2018–2020 ($MILLION)
TABLE 100.FIRST SENSOR AG: KEY EXECUTIVES
TABLE 101.FIRST SENSOR AG: COMPANY SNAPSHOT
TABLE 102.FIRST SENSOR AG: OPERATING SEGMENTS
TABLE 103.FIRST SENSOR AG: PRODUCT PORTFOLIO
TABLE 104.FIRST SENSOR AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 105.FIRST SENSOR AG: NET SALES, 2018–2020 ($MILLION)
TABLE 106.IBEO AUTOMOTIVE SYSTEMS GMBH: KEY EXECUTIVES
TABLE 107.IBEO AUTOMOTIVE SYSTEMS GMBH: COMPANY SNAPSHOT
TABLE 108.IBEO AUTOMOTIVE SYSTEMS GMBH: PRODUCT PORTFOLIO
TABLE 109.IBEO AUTOMOTIVE SYSTEMS GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 110.INNOVIZ TECHNOLOGIES LTD: KEY EXECUTIVES
TABLE 111.INNOVIZ TECHNOLOGIES LTD: COMPANY SNAPSHOT
TABLE 112.INNOVIZ TECHNOLOGIES LTD: PRODUCT PORTFOLIO
TABLE 113.INNOVIZ TECHNOLOGIES LTD: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 114.INNOVIZ TECHNOLOGIES LTD: NET SALES, 2018–2020 ($MILLION)
TABLE 115.LEDDARTECH INC.: KEY EXECUTIVES
TABLE 116.LEDDARTECH INC.: COMPANY SNAPSHOT
TABLE 117.LEDDARTECH INC.: PRODUCT PORTFOLIO
TABLE 118.LEDDARTECH INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 119.LUMINAR TECHNOLOGIES INC.: KEY EXECUTIVES
TABLE 120.LUMINAR TECHNOLOGIES INC.: COMPANY SNAPSHOT
TABLE 121.LUMINAR TECHNOLOGIES INC.: OPERATING SEGMENTS
TABLE 122.LUMINAR TECHNOLOGIES INC.: PRODUCT PORTFOLIO
TABLE 123.LUMINAR TECHNOLOGIES INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 124.LUMINAR TECHNOLOGIES INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 125.OUSTER, INC. : KEY EXECUTIVES
TABLE 126.OUSTER, INC.: COMPANY SNAPSHOT
TABLE 127.OUSTER, INC.: PRODUCT PORTFOLIO
TABLE 128.ROBERT BOSCH GMBH: KEY EXECUTIVES
TABLE 129.ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 130.ROBERT BOSCH GMBH: OPERATING SEGMENTS
TABLE 131.ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
TABLE 132.ROBERT BOSCH GMBH: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 133.ROBERT BOSCH GMBH: NET SALES, 2018–2020 ($MILLION)
TABLE 134.VALEO: KEY EXECUTIVES
TABLE 135.VALEO: COMPANY SNAPSHOT
TABLE 136.VALEO: OPERATING SEGMENTS
TABLE 137.VALEO: PRODUCT PORTFOLIO
TABLE 138.VALEO: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 139.VALEO: NET SALES, 2018–2020 ($MILLION)
TABLE 140.VELODYNE LIDAR, INC.: KEY EXECUTIVES
TABLE 141.VELODYNE LIDAR, INC.: COMPANY SNAPSHOT
TABLE 142.VELODYNE LIDAR, INC.: PRODUCT PORTFOLIO
TABLE 143.VELODYNE LIDAR, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 144.VELODYNE LIDAR, INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 145.VELODYNE LIDAR, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL AUTOMOTIVE LIDAR MARKET SNAPSHOT, BY SEGMENTATION, 2020–2028
FIGURE 03.AUTOMOTIVE LIDAR MARKET SNAPSHOT, BY REGION, 2020–2028
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 10.LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 12.LOW-TO-MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 13.LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 14.MARKET SHARE ANALYSIS (2020)
FIGURE 15.AUTOMOTIVE LIDAR MARKET SHARE, BY APPLICATION, 2020–2028 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS AUTOMOTIVE LIDAR MARKET FOR SEMI-AUTONOMOUS VEHICLES, BY COUNTRY, 2020 & 2028 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET FOR AUTONOMOUS VEHICLES, BY COUNTRY, 2020 & 2028 (%)
FIGURE 18.AUTOMOTIVE LIDAR MARKET SHARE, BY TECHNOLOGY, 2020–2028 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET FOR MECHANICAL LIDAR, BY COUNTRY, 2020 & 2028 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET FOR SOLID-STATE LIDAR, BY COUNTRY, 2020 & 2028 (%)
FIGURE 21.AUTOMOTIVE LIDAR MARKET SHARE, BY RANGE, 2020–2028 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET FOR SHORT- OR MID-RANGE, BY COUNTRY, 2020 & 2028 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET FOR LONG-RANGE, BY COUNTRY, 2020 & 2028 (%)
FIGURE 24.AUTOMOTIVE LIDAR MARKET SHARE, BY VEHICLE TYPE, 2020–2028 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET INTERNAL COMBUSTION ENGINE (ICE), BY COUNTRY, 2020 & 2028 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET FOR ELECTRIC & HYBRID, BY COUNTRY, 2020 & 2028 (%)
FIGURE 27.AUTOMOTIVE LIDAR MARKET, BY REGION, 2020-2028 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET, BY COUNTRY, 2020–2028 (%)
FIGURE 29.U.S. AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 30.CANADA AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 31.MEXICO AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 32.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET, BY COUNTRY, 2020–2028 (%)
FIGURE 33.UK AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 34.GERMANY AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 35.FRANCE AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 36.RUSSIA AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 37.REST OF EUROPE AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 38.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET, BY COUNTRY, 2020–2028 (%)
FIGURE 39.CHINA AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 40.INDIA AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 41.JAPAN AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 42.AUSTRALIA AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 43.REST OF ASIA-PACIFIC AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 44.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIDAR MARKET, BY COUNTRY, 2020–2028 (%)
FIGURE 45.LAMEA AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 46.MIDDLE EAST AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 47.AFRICA AUTOMOTIVE LIDAR MARKET, 2020–2028 ($MILLION)
FIGURE 48.CONTINENTAL AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 49.CONTINENTAL AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 50.CONTINENTAL AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.CONTINENTAL AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.FIRST SENSOR AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 53.FIRST SENSOR AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 54.FIRST SENSOR AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 55.FIRST SENSOR AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 56.INNOVIZ TECHNOLOGIES LTD: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 57.INNOVIZ TECHNOLOGIES LTD: NET SALES, 2018–2020 ($MILLION)
FIGURE 58.INNOVIZ TECHNOLOGIES LTD: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.LUMINAR TECHNOLOGIES INC.: R&D EXPENDITURE, 2019–2020 ($MILLION)
FIGURE 60.LUMINAR TECHNOLOGIES INC.: NET SALES, 2019–2020 ($MILLION)
FIGURE 61.LUMINAR TECHNOLOGIES INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.LUMINAR TECHNOLOGIES INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.ROBERT BOSCH GMBH: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 64.ROBERT BOSCH GMBH: NET SALES, 2018–2020 ($MILLION)
FIGURE 65.ROBERT BOSCH GMBH: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 66.ROBERT BOSCH GMBH: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 67.VALEO: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 68.VALEO: NET SALES, 2018–2020 ($MILLION)
FIGURE 69.VALEO: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 70.VALEO: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 71.VELODYNE LIDAR, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 72.VELODYNE LIDAR, INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 73.VELODYNE LIDAR, INC.: REVENUE SHARE BY REGION, 2020 (%)
The automotive LiDAR market is expected to witness remarkable growth in the future, owing to increasing developments of semi-autonomous & autonomous vehicle, increasing investments & funding in LiDAR startups, and rapid technological advancement in automotive LiDAR.
For instance, leading SaaS company PitchBook Data, Inc., analyst Asad Hussain said, “LiDAR is one of the main growth areas in terms of venture capital investment flowing into the mobility and transportation industry. There are a multitude of new players and emerging technologies in the space and offering the great opportunities for early investors. He added, smaller companies are entering the market with technologies that are higher performance and could radically reduce the cost of LiDAR in near future.
However, the price has been reduced in the recent years and manufacturers are focusing on cutting down the cost, which in turn, expected to propel the adoption of LiDAR in mid-range vehicle segments. For instance, Mike Feibus, an analyst at Feibustech, said that tech companies are working hard to reduce the cost of LiDAR and also to find ways to reduce the size and appearance of LiDAR sensors. Some LiDARS are large, sitting atop of a car with a tower that rotates rapidly and might be six to 15 inches in height. But some innovators are experimenting with splitting up a LiDAR sensor into smaller pieces.
Factors such as rise in emphasis from the governments for ADAS incorporated vehicles are expected to drive the market growth. However, high cost of LiDAR system and environmental constraints & optical vulnerability pose a challenge for use of LiDAR hinder the market growth. Furthermore, rapid technological advancement in automotive LiDAR and emergence of 4D LiDAR are expected to offer lucrative opportunities for the market growth
Among the analyzed regions, North America is the highest revenue contributor, followed by Europe, Asia-Pacific, and LAMEA. On the basis of forecast analysis, Asia-Pacific is expected to lead the market during the forecast period, owing to the increasing demand for semi-autonomous vehicles and expansion of global market players coupled with the introduction of advanced LiDAR.
A. The global automotive LiDAR market was valued at $221.70 million in 2020, and is projected to reach $1,831.90 million by 2028, registering a CAGR of 30.3% from 2021 to 2028.
A. There are certain upcoming trands in automotive LiDAR such as rapid technological advancement in automotive LiDAR and emergence of 4D LiDAR
A. The sample for global automotive LiDAR market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.
A. LiDAR, also refer as “’light detection and ranging’”, is essentially a sonar that uses pulsed laser waves to map the angle, velocity, and distance to surrounding objects with high precision. It is used by a large number of semi and fully autonomous vehicles to navigate environments in real time. LiDAR can sense lane markings, classify objects, and can be also used to correctly position an autonomous vehicle.
A. In post COVID-19, semi-autonomous and autonomous vehicle industry is expected to revive in the near future. Realizing the benefit of contactless and driverless delivery in a world of physical distancing, many logistics companies, delivery companies, and the food delivery companies starting adoption of autonomous vehicles, in which LiDAR is the integral part. Further, governments are also keen to accelerate autonomous vehicle development, owing to the growing public interest and to spur economic development after COVID-19. Thus, such direct and indirect effect of COVID-19 expected to fuel the demand for automotive LiDAR in near future.
A. The company profiles of the top market players of automotive LiDAR service industry can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the automotive LiDAR market.
A. India, Australia, France and Africa has wirnessed as a key matured markets growing in the global automotive LiDAR market
A. By vehicle type, electric & hybrid segment is expacted to gain traction over the forecast period as well as domainate the market share in the global automotive LiDAR market
A. North America region is leading the market presently in terms of revenue. However, Asia-Pacific region is expected to provide more business opportunities for the key players operating in the global automotive LiDAR market.
A. The key growth strategies adopted by the automotive LiDAR industry players includes business expansion, collaboration, product launch, agreement and partnership. These strategies opted by various industry players is leading to the growth of the automotive LiDAR market as well as the players.
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