The global Automotive LiDAR Market is expected to reach USD 1,092.5 Million by 2027, according to a new report by Emergen Research. An increase in the research and development activities in the autonomous vehicle has propelled the demand for the market. The market for autonomous vehicles is continuously evolving to meet the requirement of the customers by collaborating with tech giants. Advancement in technology and awareness regarding Light Detection and Ranging for vehicle safety will create a demand for the product.
The latest market intelligence report, titled ‘Global Automotive LiDAR Market’, is intended to provide the target audience with the necessary information about the global Automotive LiDAR industry. The report comprises a detailed analysis of the vital elements of the Automotive LiDAR market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Automotive LiDAR market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Reports and Data, is a detail-oriented compilation of the crucial aspects of the Automotive LiDAR market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
Market Size – USD 166.4 Million in 2019, Market Growth - CAGR of 27.8%, Market trends – Increased investment in RD in developed regions.
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Market Scope:
One of the report’s central components is the broad Automotive LiDAR market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Automotive LiDAR market players.
Competitive Terrain:
The Global Automotive LiDAR Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:
- Key participants include Delphi Automotive PLC, ZF Friedrichshafen AG, Velodyne LiDAR, Inc., First Sensor AG, Continental AG, Infineon Technologies AG, Texas Instruments Incorporated, Quanergy System Inc., Leddartech Inc., and Innoviz Technologies Ltd., among others.
For the purpose of this report, Emergen Research has segmented into the global Automotive LiDAR Market on the basis of image type, technology, vehicle type, application, location, and region:
Image Type Outlook (Revenue, USD Billion; 2017-2027)
- 2D Image Type
- 3D-Image Type
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Solid-State LiDAR
- Mechanical/Scanning LiDAR
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
- ICE
- HEV
- PHEV
- Battery Electric
Application Outlook (Revenue, USD Billion; 2017-2027)
- Autonomous Vehicle
- Semi-autonomous vehicle
Location Outlook (Revenue, USD Billion; 2017-2027)
- Bumper Grill
- Headlight Taillight
- Roofs Upper Pillars
- Others (Windscreen, Rear View Mirrors)
Regional Analysis of the Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Global Automotive LiDAR Market Report – Table of Contents:
- Chapter 1 includes the global Automotive LiDAR market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Automotive LiDAR market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Automotive LiDAR market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Automotive LiDAR industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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The Automotive LiDAR Market report also includes an investment analysis and growth trend analysis to help readers maximize their return on investment. It highlights the growth opportunities existing in the global Automotive LiDAR market segments. It offers an extensive investigation of the import-export status and the rates of production and consumption. The Automotive LiDAR Market report also provides some of the essential market aspects to draw a forecast for the coming years based on the information derived as part of the historical analysis and an analysis of the current market scenario.
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