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

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NEW YORK, Sept. 2, 2022 /PRNewswire/ — LiDAR sensors detect the gap of an object or impediment by illuminating the goal with a beam of laser. In the automotive business, LiDAR sensors are primarily used for the event of autonomous autos and superior ADAS options.

The automotive LiDAR sensors market dimension is anticipated to develop by USD 318.57 million from 2020 to 2025. Moreover, the expansion momentum of the market will speed up at a CAGR of 17% through the forecast interval.

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Automotive LiDAR Sensors Market 2021-2025: Scope

The automotive LiDAR sensors market report covers the next areas:

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Automotive LiDAR Sensors Market 2021-2025: Vendor Analysis

The automotive LiDAR sensors market is fragmented, and the distributors are deploying natural and inorganic development methods to compete out there. 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 amongst some of the most important market individuals. The key choices of a few of these distributors are talked about under:

  • Continental AG – The firm gives High-Resolution 3D Flash LiDAR, which is a short-range sensor used within the automotive business.
  • Denso Corp. – The firm develops LiDAR for automotive OEMs the world over.
  • Hella GmbH & Co. KGaA – The firm produces iDAR, which is a new kind of clever knowledge assortment that fuses 1,550 nanometer (nm), solid-state agile LiDAR with a low-light HD digicam and embedded AI to intelligently seize knowledge on the sensor degree.
  • Infineon Technologies AG – The firm manufactures LiDAR sensors for automotive OEMs.
  • LeddarTech Inc. – The firm manufactures LiDAR options for the automotive business.

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Automotive LiDAR Sensors Market 2021-2025: Segmentation

  • Application
    • ADAS: This phase will be the biggest contributor to market development through the forecast interval. The adoption of superior telematics, comparable to ADAS, is growing throughout all segments of autos within the automotive market.
    • Autonomous Vehicle
  • Geography
    • North America: This area will account for 34% of the market’s development through the forecast interval. This development is attributed to components such because the excessive recognition of LiDAR sensors within the automotive business. However, market development on this area will be slower than the expansion of the market in different areas. The US is a key nation for the automotive LiDAR sensors in North America.
    • Europe
    • APAC
    • MEA
    • South America

Automotive LiDAR Sensors Market 2021-2025: Key Highlights

  • CAGR of the market through the forecast interval 2021-2025
  • Detailed data on components that may help automotive LiDAR sensors market development through the subsequent 5 years
  • Estimation of the automotive LiDAR sensors market dimension and its contribution to the mum or dad market
  • Predictions on upcoming developments and modifications in client habits
  • The development of the automotive LiDAR sensors market
  • Analysis of the market’s aggressive panorama and detailed data on distributors
  • Comprehensive particulars of components that may problem the expansion of automotive LiDAR sensors market distributors

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Automotive LiDAR Sensors Market Scope

Report Coverage

Details

Page quantity

120

Base 12 months

2020

Forecast interval

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 17%

Market development 2021-2025

USD 318.57 million

Market construction

Fragmented

YoY development (%)

11.21

Regional evaluation

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

Performing market contribution

North America at 34%

Key client nations

US, Japan, Germany, China, and UK

Competitive panorama

Leading firms, aggressive methods, client engagement scope

Companies profiled

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 evaluation, market development inducers and obstacles, fast-growing and slow-growing phase evaluation, COVID-19 influence and future client dynamics, and market situation evaluation for the forecast interval.

Customization purview

If our report has not included the info that you’re in search of, you possibly can attain out to our analysts and get segments custom-made.

Browse Consumer Discretionary Market Reports

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain evaluation

Market Sizing

  • Market definition
  • Market phase evaluation
  • Market dimension 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five Forces Summary
  • Bargaining energy of patrons
  • Bargaining energy of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market situation

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • ADAS – Market dimension and forecast 2020-2025
  • Autonomous car – Market dimension and forecast 2020-2025
  • Market alternative by Application

Customer panorama

Geographic Landscape

  • Geographic segmentation
  • Geographic comparability
  • North America – Market dimension and forecast 2020-2025
  • Europe – Market dimension and forecast 2020-2025
  • APAC – Market dimension and forecast 2020-2025
  • MEA – Market dimension and forecast 2020-2025
  • South America – Market dimension and forecast 2020-2025
  • Key main nations
  • Market alternative by geography
  • Market drivers
  • Market challenges
  • Market developments

Vendor Landscape

  • Overview
  • Vendor panorama
  • Landscape disruption

Vendor Analysis

  • Vendors lined
  • Market positioning of distributors
  • Continental AG
  • Denso Corp.
  • Hella GmbH & Co. KGaA
  • Infineon Technologies AG
  • LeddarTech Inc.
  • Neptec Technologies Corp. 
  • Quanergy Systems Inc.
  • Valeo SA
  • Velodyne LiDAR Inc.
  • ZF Friedrichshafen AG

Appendix

  • Scope of the report
  • Currency conversion charges for US$
  • Research methodology
  • List of abbreviations

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