LiDAR Automotive Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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LiDAR Automotive Market By Type (Electromechanical LiDAR Sensor, Solid State LiDAR Sensor) and Geography (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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SKU: N/A Category: Automotive and Transportation

Description
Table Of Content
Company Profile

Report

Description

LiDAR Automotive Market size is valued at USD 436.5 million in 2021 and is expected to reach a value of USD 1686.6 million by 2028, growing at a CAGR of 21.3% during the forecast period 2022 to 2028. 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 electromechanical LiDAR sensor segment is likely to be the largest and fastest-growing segment in the 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

MARKET SUMMARY

21.3% CAGR

Study Period– 2022-2028
Base Year– 2021
CAGR– 21.3%
Largest Market– North America

LiDAR Automotive Market

LiDAR Automotive Market report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
LiDAR Automotive Market is segmented based on type and Geography.

Market Leaders

Leica Geosystems AG
Trimble Inc.
Topcon
SICK AG
Velodyne Lidar
FARO

LiDAR Automotive Market

Drivers and Restraints

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.

LiDAR Automotive Market Regional Analysis

north america dominates the market

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

North-America

Europe

Asia-Pacific

Middle East

Key

Features of the Report

The LiDAR automotive market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
The LiDAR automotive market report covers in-detail insights about the competitor’s 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

Type

Electromechanical LiDAR Senso
Solid State LiDAR Sensor

Geography

North America
Europe
Asia Pacific
Latin America
Middle East and Africa.

Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Report

Table Of Content

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. By 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. Global LiDAR Automotive Market Dynamic Factors – Impact Analysis

3.6. Global LiDAR Automotive Market – Competition Landscape

4. Global LiDAR Automotive Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027

4.1. Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

5. Global LiDAR Automotive Market, By Type, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

5.1. Electromechanical LiDAR Sensor

5.1.1. Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Solid State LiDAR Sensor

5.2.1. Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

6. Global LiDAR Automotive Market Forecast, By Region, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

6.1. North America

6.1.1. Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

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, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

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

6.3.1. Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

6.4. Latin America

6.4.1. Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.4.3. Market Opportunity Analysis

6.5. Middle East and Africa

6.5.1. Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.5.3. Market Opportunity Analysis

6.6. Global LiDAR Automotive Market – Opportunity Analysis Index, By Type, and Region, 2021 – 2027

7. North America LiDAR Automotive Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

7.1. Type of service Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

7.1.1. Electromechanical LiDAR Sensor

7.1.2. Solid State LiDAR Sensor

7.2. Country Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

7.2.1. USA

7.2.2. Canada

7.3. North America LiDAR Automotive Market – Opportunity Analysis Index, By Type, and Country, 2021 – 2027

7.4. North America LiDAR Automotive Market Dynamics – Trends

8. Europe LiDAR Automotive Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

8.1. Type of service Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

8.1.1. Electromechanical LiDAR Sensor

8.1.2. Solid State LiDAR Sensor

8.2. Country Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

8.2.1. Germany

8.2.2. UK

8.2.3. France

8.2.4. Spain

8.2.5. Italy

8.2.6. Russia

8.2.7. Rest of Europe

8.3. Europe LiDAR Automotive Market – Opportunity Analysis Index, By Type and Country, 2021 – 2027

8.4. Europe LiDAR Automotive Market Dynamics – Trends

9. Asia-Pacific LiDAR Automotive Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

9.1. Type of service Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Electromechanical LiDAR Sensor

9.1.2. Solid State LiDAR Sensor

9.2. Country Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

9.2.1. China

9.2.2. India

9.2.3. Japan

9.2.4. ASEAN

9.2.5. Australia & New Zealand

9.2.6. Rest of Asia-Pacific

9.3. Asia-Pacific LiDAR Automotive Market – Opportunity Analysis Index, By Type, By Mode of Operation, By Application Type, By Power, By End-Use, and Country, 2021 – 2027

9.4. Asia-Pacific LiDAR Automotive Market Dynamics – Trends

10. Latin America LiDAR Automotive Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

10.1. Type of service Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Electromechanical LiDAR Sensor

10.1.2. Solid State LiDAR Sensor

10.2. Country Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

10.2.1. Brazil

10.2.2. Mexico

10.2.3. Argentina

10.2.4. Rest of Latin America

10.3. Latin America LiDAR Automotive Market – Opportunity Analysis Index, By Type, and Country, 2021 – 2027

10.4. Latin America LiDAR Automotive Market Dynamics – Trends

11. Middle East and Africa LiDAR Automotive Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)

11.1. Type of service Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Electromechanical LiDAR Sensor

11.1.2. Solid State LiDAR Sensor

11.2. Country Analysis 2016 – 2020 and Forecast 2021 – 2027 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.2.1. Gulf Cooperation Council (GCC) Countries

11.2.2. Israel

11.2.3. South Africa

11.2.4. Rest of MEA

11.3. MEA LiDAR Automotive Market – Opportunity Analysis Index, By Type, and Country, 2021 – 2027

11.4. MEA LiDAR Automotive Market Dynamics – Trends

12. Competition Landscape

12.1. Strategic Dashboard of Top Market Players

12.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, 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. Key Assumptions and Acronyms

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LiDAR Automotive Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Description

Drivers and Restraints

north america dominates the market

Features of the Report

Type

Geography

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Reviews

Product categories

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