The Global Automotive LiDAR Market is expected to grow at a CAGR of around 29% during the forecast period, i.e., 2022-27. MarkNtel Advisors' recently published versions of the study on the Global Automotive LiDAR Industry (2022-2027) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.
Essential Parameters
- Timefrvame and Metrics
- Historical Period: 2017-20
- Base Year: 2021
- Forecast Years: 2022-2027
- Units: USD Million/Billion
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- We use both primary and secondary research approaches to gather unbiased and comprehensive market information.
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Growing Deployment of LiDARs in Level 3 Automation
In Level 3, the vehicle system can detect the environment around the vehicle using sensors such as LiDARs and make informed decisions for the vehicle such as overtaking a slower-moving vehicle, etc. The vehicle system is able to manage most aspects of driving, including monitoring the environment. The system prompts the driver to intervene when it encounters a scenario it can’t navigate. Audi Traffic Jam Assist is the only commercialized level 3 autopilot system developed by Audi for Audi A8.
Analyzing the Segmentations for the Global Automotive LiDAR Market
Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:
By Technology
-Mechanical
-Solid-state
By Application
-Autonomous
-Semi-Autonomous
By Range
-Short & Mid-Range (Up to 200 meters)
-Long Range (Above 201 meters)
By Image Processing
-2-D
-3-D
-4-D
By Location
-Bumper and Grill
-Headlight and Taillight
-Roof and Upper Pillar
-Others (Windscreen, Rear View Mirrors, etc.)
By Vehicle Type
-Passenger Vehicles
-Internal Combustion Engine (ICE) Vehicle
-Electric Vehicle (EV)
-Commercial Vehicles
By Demand Type
-OEM
-Replacement
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Exploring the Geographical Landscape of the Global Automotive LiDAR Industry
Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:
-North America
-South America
-Europe
-Middle East and Africa
-Asia-Pacific.
Do You Know Who are the Leading Companies in the Global Automotive LiDAR Market?
Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global Automotive LiDAR Market companies:
-Delphi Automotive, PLC
-Continental AG
-ZF Friedrichshafen AG
-Infineon Technologies AG
-Velodyne LiDAR, Inc.
-Texas Instruments, Inc.
-Leddartech, Inc.
-First Sensor AG
-Quanergy Systems, Inc.
-Innoviz Technologies, Ltd.
-Luminar Technologies
-Ouster, Inc.
-Robert Bosch GmbH
-Valeo
-Benewake (Beijing) Co., Ltd.
-Others.
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Key Questions Addressed in the Global Automotive LiDAR Market Research Report:
- What is the estimated size, share, and CAGR of the Global Automotive LiDAR Market in the forecast period?
- What are the key trends projected to impact the Global Automotive LiDAR Market during 2022-2027?
- What are the different segments & sub-segments considered in the Global Automotive LiDAR Market research study?
- Who are the key stakeholders and players participating in the Global Automotive LiDAR Market?
- What are the major aspects creating opportunistic arena for the Global Automotive LiDAR Market?
- What would be the demand for different types of products/services in the Global Automotive LiDAR Market through 2027?
- What all factors would create challenge for the Global Automotive LiDAR Industry growth?
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