- Electromechanical LiDAR Senso
- Solid State LiDAR Sensor
LiDAR Automotive Market size is valued at USD 436.5 million in 2022 and is expected to reach a value of USD 1686.6 million by 2028, growing at a significant CAGR of 21.3% from 2023-2029. The global market provides a detailed overview of the LiDAR automotive market and that can be segmented by type. By type, the LiDAR automotive market has been segmented into electromechanical LiDAR sensor and solid-state LiDAR Sensor. The electro mechanical LiDAR sensor segment is likely to be the largest and fastest-growing segment in the market.
LiDAR Automotive Market Key Developments:
- In Oct 2020, Waymo has announced that it will begin selling fully autonomous vehicles to the general public. For riders in the Phoenix metro region, it is launching a driverless ride-hailing service. Passengers will be able to download the app and hail a vehicle without having to wait for a driver.
Lidar Automotive Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
21.3%
Largest Market
North America
Fastest Growing Market
N/A
LiDAR Automotive Market Dynamics
With the automotive industry working hard to produce semi-autonomous and autonomous vehicles, LiDAR technology is expected to see a significant increase in demand in the future years. The use of LiDAR in self-driving vehicles will allow them to collect enough information about their surroundings to allow the onboard computer to take control of the vehicle from the driver. The rapid development of next-generation self-driving vehicles like robo-taxis and autonomous shuttles is likely to increase demand for these self-driving vehicles. The operation of these vehicles is heavily reliant on LiDAR sensors. As a result, the expansion of the automotive LiDAR market is likely to be fueled by advancements in semi-autonomous and autonomous vehicle technologies.
North-America Got Significant Share
LiDAR Automotive Market Regional Analysis
North American market is expected to witness the highest market share during the forecast period. Administrative restrictions requiring automakers to install specific automotive safety devices or technologies in both heavy and light cars in the region are likely to drive the region's growth of the market. Furthermore, major developments affecting the future of the automotive LiDAR sector include the integration of LiDAR sensors in collision avoidance systems and dynamic remote sensing applications
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The LiDAR automotive market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The LiDAR automotive market report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The LiDAR automotive market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The LiDAR automotive market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The LiDAR automotive market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Lidar Automotive Market Segmentation
By Type
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa.
Frequently Asked Questions
The LiDAR automotive market size was valued at USD 436.5 million in 2022.
The LiDAR automotive market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The LiDAR automotive market key players are Leica Geosystems AG, Trimble Inc, Topcon SICK AG, Velodyne Lidar, FARO, BEA Group, Teledyne Optech, Valeo, Leosphere, Waymo, Faro Technologies, Hexagon AG, Innoviz Technologies
| 1.Executive Summary |
| 2.Global LiDAR Automotive Market Introduction |
| 2.1.Global LiDAR Automotive Market - Taxonomy |
| 2.2.Global LiDAR Automotive Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Region |
| 3.Global LiDAR Automotive Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global LiDAR Automotive Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global LiDAR Automotive Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Windows OS |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Unix OS |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Linux & Other OS |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global LiDAR Automotive Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. North America |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Europe |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Asia Pacific (APAC) |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Middle East and Africa (MEA) |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Latin America |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.North America LiDAR Automotive Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 7.1.1.Windows OS |
| 7.1.2.Unix OS |
| 7.1.3.Linux & Other OS |
| 7.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 7.2.1.United States of America (USA) |
| 7.2.2.Canada |
| 8.Europe LiDAR Automotive Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Windows OS |
| 8.1.2.Unix OS |
| 8.1.3.Linux & Other OS |
| 8.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Germany |
| 8.2.2.France |
| 8.2.3.Italy |
| 8.2.4.United Kingdom (UK) |
| 8.2.5.Spain |
| 8.2.6.Rest of EU |
| 9.Asia Pacific (APAC) LiDAR Automotive Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Windows OS |
| 9.1.2.Unix OS |
| 9.1.3.Linux & Other OS |
| 9.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.China |
| 9.2.2.India |
| 9.2.3.Australia and New Zealand (ANZ) |
| 9.2.4.Japan |
| 9.2.5.Rest of APAC |
| 10.Middle East and Africa (MEA) LiDAR Automotive Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Windows OS |
| 10.1.2.Unix OS |
| 10.1.3.Linux & Other OS |
| 10.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.GCC Countries |
| 10.2.2.South Africa |
| 10.2.3.Rest of MEA |
| 11.Latin America LiDAR Automotive Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Windows OS |
| 11.1.2.Unix OS |
| 11.1.3.Linux & Other OS |
| 11.2. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Brazil |
| 11.2.2.Mexico |
| 11.2.3.Rest of LA |
| 12. Competition Landscape |
| 12.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 12.2.1.Leica Geosystems AG |
| 12.2.2.Trimble Inc |
| 12.2.3.Topcon |
| 12.2.4.SICK AG |
| 12.2.5.Velodyne Lidar |
| 12.2.6.FARO |
| 12.2.7.BEA Group |
| 12.2.8.Teledyne Optech |
| 12.2.9.Valeo |
| 12.2.10.Leosphere |
| 12.2.11.Waymo |
| 12.2.12.Faro Technologies |
| 12.2.13.Hexagon AG |
| 12.2.14.Innoviz Technologies |
| 13. Research Methodology |
| 14. Appendix and Abbreviations |
- Leica Geosystems AG
- Trimble Inc
- Topcon
- SICK AG
- Velodyne Lidar
- FARO
- BEA Group
- Teledyne Optech
- Valeo
- Leosphere
- Waymo
- Faro Technologies
- Hexagon AG
- Innoviz Technologies