Automotive LiDAR Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030

 The Automotive LiDAR Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.

 

Automotive LiDAR or Light Detection and Ranging is an advanced remote sensing technology used for detection of obstacles in pathway with the help of light. The distance between the obstacle and a vehicle is calculated by sensing the light reflected from an obstacle. The demand for automotive LiDAR has increased significantly over past couple of years owing to increasing investment in development of autonomous vehicles and reducing cost of LiDAR sensors. The LiDAR manufacturers are focusing on reducing the size of LiDAR sensor in order to facilitate deployment of LiDAR sensors inside a vehicle. This is anticipated to contribute towards increased adoption of LiDAR in upcoming autonomous vehicles. Increasing investment in advanced automotive electronics and semiconductor devices is anticipated to fuel the development of automotive LiDAR in coming years. However, the prevalence of COVID-19 across leading automotive component manufacturing countries is anticipated to hinder the growth of global automotive LiDAR market in coming years. The global automotive LiDAR market is anticipated to witness steady demand during the forecast period.

 

Reduction in cost and increasing number of solid state LiDAR manufacturers to fuel market growth  

The global automotive LiDAR market is segmented on the basis of product type, component, imaging type, technology, power, vehicle type, and geography. Based on technology, the global automotive LiDAR market is segmented into solid state and mechanical/scanning. The solid state automotive LiDAR contributed the largest share to the global automotive LiDAR market in 2019 and is anticipated to be the fastest growing segment throughout the forecast period owing to increased investment in development of compact solid state LiDAR, absence of moving parts, and reduction in price. The automotive OEMs are focusing on incorporating solid state LiDAR in upcoming automobiles, which has fueled the competition in LiDAR manufacturing and is anticipated to contribute towards the growth of global automotive LiDAR market during the forecast period.

 

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Increasing investment in development of autonomous vehicles coupled with focused research & development activities in development of advanced LiDAR systems to drive the market growth

Based on vehicle type, the global automotive LiDAR market is segmented into semi-autonomous vehicles and autonomous vehicles. The semi-autonomous vehicle segment contributed a dominating share to the global automotive LiDAR market in 2019 and is anticipated to be a dominating segment throughout the forecast period owing to increasing investment in development of mid-range semi-autonomous vehicles by the leading automotive OEMs across the globe. The autonomous vehicle segment is anticipated to be the fastest growing segment during the forecast period.

 

Based on geography, the global automotive LiDAR market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe contributed the largest share to the global automotive LiDAR market in 2019 owing to the presence of leading LiDAR manufacturers across the region. Increasing investment in development of electric and autonomous vehicles is expected to drive the growth of Europe automotive LiDAR during the forecast period. Asia Pacific is expected to be the fastest growing segment during the forecast period owing to increasing investment in development of autonomous vehicles and associated technologies across major countries.

 

Major players active in the global automotive LiDAR market include Aptiv PLC, Continental AG, First Sensor AG, Infineon Technologies AG, Innoviz Technologies, Ltd., Leddartech, Inc., Quanergy Systems, Inc., Texas Instruments, Inc., Velodyne LiDAR, Inc., and ZF Friedrichshafen AG.

 

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Automotive LiDAR Market 2020 Recent Development, Ongoing Demand and COVID-19 Impact Analysis 2030

(FEB 2021 trend research report ) The latest study on the Global Automotive LiDAR Market 2021 analyzes the market size, share, growth, and trends related to the historical as well as current market scenario which offers a forecast for the period of 2021 -2030 . This report provides a broad market outlook for the audience with the help of a comprehensive assessment of the global market scenario.

The analysis of the study was carried out worldwide and presents current and traditional growth analyzes, competition analyzes and growth prospects in the central regions. With industry-standard accuracy in analysis and high data integrity, the report offers an excellent attempt to highlight the key opportunities available in the global Automotive LiDAR market to help players build solid market positions. Report buyers can access verified and reliable market forecasts, including those for the overall size of the global market. Automotive LiDAR in terms of sales and volume.

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Development policies and plans are discussed and manufacturing processes and industry chain structures are analyzed. This report also provides data on import / export, supply and consumption, as well as manufacturing costs and global revenues, and gross margin by region. The numerical data are copied with statistical tools, such as SWOT analysis, BCG matrix, SCOT analysis and PESTLE analysis. Statistics are presented in graphical form to provide a clear understanding of the facts and figures.

The main manufacturers covered in this report:

Aptiv PLC, Continental AG, First Sensor AG, Infineon Technologies AG, Innoviz Technologies, Ltd., Leddartech, Inc., Quanergy Systems, Inc., Texas Instruments, Inc., Velodyne LiDAR, Inc., and ZF Friedrichshafen AG.

Market segmentation:

The Automotive LiDAR market is divided into several essential sectors, including application, type and region . Each market segment is extensively studied in the report, taking into account market acceptance, value, demand and growth prospects. Segmentation analysis allows customers to customize their marketing approach to place better orders for each segment and identify the most potential customer base

Regional views of the market Automotive LiDAR

In terms of geography, this research report covers almost every major region in the world, such as North America, Europe, South America, the Middle East and Africa and Asia Pacific. Europe and North America are expected to increase in the coming years. The Asia Pacific Automotive LiDAR market is expected to grow significantly during the forecast period. The latest technologies and innovations are the most important features of North America and the main reason why the United States dominates the world market. The South American market for Automotive LiDAR is also expected to grow in the near future.

The report covers the impacts of COVID-19 on the market.

The ongoing pandemic has changed several facets of the market. This research report provides financial impacts and market disruption to the Automotive LiDAR market. It also includes analyzing potential opportunities and challenges in the foreseeable future. insightSLICE interviewed several industry delegates and engaged in primary and secondary research to provide customers with information and strategies to address market challenges during and after the COVID-19 pandemic.

The main questions answered in the report:

• What are the main factors that take this market to the next level?
• What is the market demand and what is growth?
• What are the latest opportunities for the Automotive LiDAR market in the future?
• What are the main advantages of the player?
• What is the key to the online payroll service market?

The Industry Analysis market Automotive LiDAR assists customers with personalized and syndicated reports of significant importance to the experts involved in market analysis and data. The report also calls for market-oriented results that conduct a feasibility study for the customer's needs. insightSLICE guarantees validated and verifiable aspects of market data operating in real time scenarios. Analytical studies are conducted to confirm customer needs with a complete understanding of market capabilities in real-time scenarios.

The conclusion of this report provides an overview of the potential for new projects to be successful in the market in the near future, and the global payroll online service market in terms of investment potential in various market sectors covers the full range .

In addition, the years considered for the study are as follows

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