The Global Automotive LiDAR Market Report is a compilation of comprehensive research studies of various aspects of the Automotive LiDAR Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Automotive LiDAR market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Automotive LiDAR market and how they will evolve in the years to come.
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Global automotive LiDAR market is anticipated to grow at a CAGR of 29.2% over the forecast period (2022 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.. Key Players: Aeva Inc., AEye Inc., Continental AG, hybrid-lidar.com, Ibeo Automotive Systems GmbH, Innoviz Technologies Ltd, Innovusion, LeddarTech Inc., Luminar Technologies Inc., Ouster Inc., Quanergy Systems Inc., Robert Bosch GmbH., RoboSense, Valeo, Velodyne Lidar Inc. Other Market Participants.
With the evolution of self-driving technologies, light detection and range (LiDAR) has become the most prevalent active sensory. It utilizes a laser to determine the distance between the target objects and the LiDAR, as the name implies. It’s a non-contact range-finding method in which a short optical pulse is steered onto an item or target, and the diffracted pulse is spotted and processed to calculate the target’s distance. Light Detection and Ranging (LiDAR) systems are becoming more popular as self-driving and autonomous vehicles become more common. LiDAR, which acts as the eyes for autonomous vehicles, allows them to see-through their surroundings and recognise real-time data. LiDAR sensors are now being used to link into an advanced driving assistance system (ADAS) to provide real-time information about a vehicle’s surroundings, assisting drivers in responding to various situations and avoiding accidents.
In the last few years, major players in the automotive LiDAR market are collaborating with solution providers to work on programs of autonomous driving. For instance, Velodyne, a LiDAR developer, has partnered with a variety of system solution providers, including Unmanned Solution (UMS) of South Korea, to develop integrated programmes for a variety of activities, including on-road vehicles and agricultural equipment. Moreover, to cater to the needs of the autonomous vehicles market, many LiDAR technologies are being developed, which are mainly classified by detection technique, scanning technique, and laser source. Hence, growing investment towards autonomous vehicles showcases positive growth prospects for automotive LiDAR market over the forecast period.
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Global Automotive LiDAR Market:
- By Technology
- Mechanical
- Solid State
- By Range
- Long Range (More than 200m)
- Mid Range (50m to 200m)
- Short Range (Less than 50m)
- By Application
- Semi-Autonomous Vehicles
- Autonomous Vehicles
- By Image Processing
- 2-Dimensional (2D)
- 3-Dimensional (3D)
- By Vehicle Type
- Personal Vehicles
- Commercial Vehicles
- Heavy Commercial Vehicles
- Light Commercial Vehicles
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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