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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