Automotive LiDAR Sensor Market to Register CAGR of 17%, North America to Be Largest Contributor to Market Growth


NEW YORK, September 2, 2022 /PRNewswire/ — LiDAR sensors detect the distance to an object or obstacle by illuminating the target with a laser beam. In the automotive industry, LiDAR sensors are mainly used for the development of autonomous vehicles and advanced ADAS functionality.

The automotive LiDAR sensor market the size should increase by $318.57 million from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 17% during the forecast period.

The report offers an up-to-date analysis of the current market scenario, latest trends and drivers, and the overall market environment. Request Latest Sample FREE PDF Report

Automotive LiDAR Sensor Market 2021-2025: Scope

The Automotive LiDAR Sensor Market report covers the following areas:

Get lifetime access to our Technavio Insights! Subscribe to our “Basic Plan” billed annually on $5000

Automotive LiDAR Sensor Market 2021-2025: Vendor Analysis

Automotive LiDAR Sensor Market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Continental AG, Denso Corp., Hella GmbH & Co. KGaA, Infineon Technologies AG, LeddarTech Inc., Neptec Technologies Corp., Quanergy Systems Inc., Valeo SA, Velodyne LiDAR Inc. and ZF Friedrichshafen AG are among the main participants market. The main offerings of a few of these providers are mentioned below:

  • Continental AG – The company offers high-resolution 3D Flash LiDAR, a short-range sensor used in the automotive industry.
  • Denso Corp. – The company develops LiDAR for automotive OEMs worldwide.
  • Hella GmbH & Co. KGaA – The company produces iDAR, which is a new form of intelligent data collection that merges an agile 1,550 nanometer (nm) solid-state LiDAR with a low-light HD camera and embedded AI to intelligently capture data at the level of the sensor.
  • Infineon Technologies SA – The company manufactures LiDAR sensors for automotive OEMs.
  • LeddarTech Inc. – The company manufactures LiDAR solutions for the automotive industry.

This report provides a comprehensive list of major vendors, their strategies, and the latest developments. Request a FREE sample PDF now

Automotive LiDAR Sensor Market 2021-2025: Segmentation

  • Application
    • ADAS: This segment will be the largest contributor to market growth over the forecast period. Adoption of advanced telematics, such as ADAS, is increasing across all vehicle segments of the automotive market.
    • Autonomous vehicle
  • Geography
    • North America: This region will account for 34% of the market growth during the forecast period. This growth is attributed to factors such as the high popularity of LiDAR sensors in the automotive industry. However, market growth in this region will be slower than market growth in other regions. The United States is a key country for automotive LiDAR sensors in North America.
    • Europe
    • APAC
    • AEM
    • South America

Automotive LiDAR Sensor Market 2021-2025: Key Highlights

  • Market CAGR over the forecast period 2021-2025
  • In-depth information on factors that will contribute to the growth of the Automotive LiDAR Sensors market over the next five years
  • Estimation of the Automotive LiDAR Sensors market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive LiDAR sensor market
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Comprehensive details of factors that will challenge the growth of the Automotive LiDAR Sensors Market vendors

Related Reports

automotive sensor market by Application and Distribution Channel – Forecast and Analysis 2022-2026

automotive engine sensors market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Automotive LiDAR Sensor Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 17%

Market Growth 2021-2025

$318.57 million

Market structure

Fragmented

Annual growth (%)

11.21

Regional analysis

North America, Europe, APAC, MEA and South America

Successful market contribution

North America at 34%

Main consumer countries

United States, Japan, Germany, China and United Kingdom

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Continental AG, Denso Corp., Hella GmbH & Co. KGaA, Infineon Technologies AG, LeddarTech Inc., Neptec Technologies Corp., Quanergy Systems Inc., Valeo SA, Velodyne LiDAR Inc. and ZF Friedrichshafen AG

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Browse Consumer Discretionary Market reports

Contents

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Forecast for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by application

  • Market segments
  • Comparison by application
  • ADAS – Market size and forecast 2020-2025
  • Autonomous vehicle – Market size and forecast 2020-2025
  • Market Opportunity by Application

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Insight
  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Continental AG
  • Denso Corp.
  • Hella GmbH & Co. KGaA
  • Infineon Technologies SA
  • LeddarTech Inc.
  • Neptec Technologies Corp.
  • Quanergy Systems Inc.
  • Valeo SA
  • Velodyne LiDAR Inc.
  • ZF Friedrichshafen AG

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/
Writing: newsroom.technavio.com/news/automotive-lidar-sensorsmarket

SOURCETechnavio

Previous 2022 LIV Golf in Boston: Schedule, Player Field, Purse, Prize Money, Live Stream, Watch Online
Next Newark fire displaces 11 families on Clifton Avenue – NBC New York