Automotive LiDAR Sensors Market to Record a CAGR of 17%, North America to be Largest Contributor to Market Growth - Technavio

2022-09-03 20:22:00 By : Ms. Daisy Zhang

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

The automotive LiDAR sensors market size is expected to grow by USD 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.

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Automotive LiDAR Sensors Market 2021-2025: Scope

The automotive LiDAR sensors market report covers the following areas:

Automotive LiDAR Sensors Market Size

Automotive LiDAR Sensors Market Trends

Automotive LiDAR Sensors Market Industry Analysis

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Automotive LiDAR Sensors Market 2021-2025: Vendor Analysis

The automotive LiDAR sensors 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 some of the major market participants. The key offerings of a few of these vendors are mentioned below:

Continental AG - The company offers High-Resolution 3D Flash LiDAR, which is a short-range sensor used in the automotive industry.

Denso Corp. - The company develops LiDAR for automotive OEMs across the world.

Hella GmbH & Co. KGaA - The company produces iDAR, which is a new form of intelligent data collection that fuses 1,550 nanometer (nm), solid-state agile LiDAR with a low-light HD camera and embedded AI to intelligently capture data at the sensor level.

Infineon Technologies AG - The company manufactures LiDAR sensors for automotive OEMs.

LeddarTech Inc. - The company manufactures LiDAR solutions for the automotive industry.

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Automotive LiDAR Sensors Market 2021-2025: Segmentation

Automotive LiDAR Sensors Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025

Detailed information on factors that will assist automotive LiDAR sensors market growth during 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 sensors market

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of automotive LiDAR sensors market vendors

Automotive Sensors 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 Sensors Market Scope

Accelerate at a CAGR of 17%

North America, Europe, APAC, MEA, and South America

US, Japan, Germany, China, and UK

Leading companies, competitive strategies, consumer engagement scope

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

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

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Market outlook: Forecast for 2020 - 2025

ADAS - Market size and forecast 2020-2025

Autonomous vehicle - Market size and forecast 2020-2025

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

Hella GmbH & Co. KGaA

Currency conversion rates for US$

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Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ Newsroom: newsroom.technavio.com/news/automotive-lidar-sensorsmarket

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