Automotive LiDAR Sensors Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Robert Bosch, Velodyne LiDAR, Continental AG, First Sensor, Denso

Over the next five years the Automotive LiDAR Sensors Market will register an 25% CAGR in terms of revenue, the global market size will reach USD 2,436.4 million by 2027.

Automotive LiDAR Sensors Market Overview

LIDAR (Light Detection and Ranging) system is employed to see the time within which a pulse optical maser overcomes an exact distance especially medium. The automotive sector usually uses optical maser pulses with a length of 3-20 nanoseconds. The measuring instrument sensors in automotive square measure capable of police work objects inside a spread of three hundred meters. International the worldwide the world automotive measuring instrument sensors market has seen outstanding growth within the global market, and it's been determined that, the world automotive measuring instrument sensors market is majorly being driven by the strengths of measuring instrument sensors like high angular resolution and wide read that's needed for correct mid-range detection. The info scanned by the measuring instrument is capable of being recorded by the code tools, which may be used for making a model of vehicles closes. Also, the measuring instrument detectors function an ideal affiliation between shut varys and much range sensor systems.

Industry Updates:

• November 13, 2020, Velodyne Lidar, Inc. today debuted its latest innovation in its broad array of lidar sensors, the Velarray H800. The solid state Velarray H800 is architected for automotive grade performance and built using Velodyne’s breakthrough proprietary micro-lidar array architecture (MLA). With combined long-range perception and a broad field of view, this sensor is designed for safe navigation and collision avoidance in advanced driver assistance systems (ADAS) and autonomous mobility applications.


• October 27, 2020, Technology company Continental is further strengthening its LiDAR sensor portfolio through a minority investment in LiDAR pioneer AEye, Inc. LiDAR sensors belong, besides camera and radar, to the key technologies for Automated Driving. Continental has accumulated over 20 years of expertise in LiDAR sensors alone. AEye, located in Dublin, California (USA), has developed a long-range LiDAR technology combining an amplifiable 1550nm laser with patented feedback-controlled Microelectromechanical System (MEMS) scanner. 

What are the major Applications, Types and Regions for Automotive LiDAR Sensors Market?

Automotive LiDAR Sensors Market is segmented based on the type, applications, companies and regions.

Market Volume (%) By Type, it is segmented into

• Solid State LiDAR


• Mechanical LiDAR


• Others

Market Volume (%) By Applications it is segmented into

• Passenger Car


• Commercial Vehicle


• Other

Automotive LiDAR Sensors Market Regional Analysis

Geographically, the global automotive LIDAR sensors market has been divided into four major regions of North America, Europe, Asia Pacific and Rest of the World. Amongst these, Europe region is expected to dominate the global market owing to the existence of a large number of OEMs and LIDAR manufacturers in the region. The major players in the Europe market are taking initiatives to geographically expand their presence by entering into partnerships and collaborations with both, global and regional players.

All these factors greatly affect the Automotive LiDAR Sensors market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Automotive LiDAR Sensors Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Automotive LiDAR Sensors Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Automotive LiDAR Sensors Market report scope?

The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.

Key Highlights from this Automotive LiDAR Sensors Report

• A comprehensive backdrop analysis, which contains an assessment of the parent market


• Essential changes in market dynamics.


• Market segmentation up to the second or third level.


• Historical, current, and projected size of the market from the standpoint of both value and volume.


• Reporting and evaluation of recent industry developments.


• Market shares and strategies of major players.


• Emerging niche segments and regional markets.


• An objective assessment of the trajectory of the market.


• Recommendations to companies for strengthening their foothold in the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Automotive LiDAR Sensors Market is studied from 2017 - 2027.

What is the growth rate of Automotive LiDAR Sensors Market?

The Automotive LiDAR Sensors Market is growing at a CAGR of 25% over the next 5 years.

Who are the key players in Automotive LiDAR Sensors Market?

Robert Bosch, Velodyne LiDAR, Continental AG, First Sensor, Hella KGaA Hueck, Denso, Phantom Intelligence, Leddartech, Quanergy Systems, Novariant

What region does this Automotive LiDAR Sensors Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Automotive LiDAR Sensors Market?

Solid State LiDAR, Mechanical LiDAR, Others

What are the major end-use applications of Automotive LiDAR Sensors Market?

Passenger Car, Commercial Vehicle, Others