LiDAR technology has taken the automobile world to a whole new level by providing the tools needed for truly safe navigation. Light detection and ranging, also known as LiDAR is a remote sensing technology that measures distance by illuminating A target using laser light. In the case of automotive industry, this technology is used to enhance a vehicles navigation capabilities by detection and avoidance of obstacles enroute. LiDAR does this by providing clear-cut 3D snapshots of every object in the vehicles vicinity. Along with its surveying feature, the LiDar sensors system features automatic speed control, adaptive cruise control systems, braking systems, etc. There are several variants of LiDAR units available today, such as units with 16, 32, and 64 beams of laser light.
This report aims to provide a comprehensive presentation of the global market for Automotive LiDAR, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive LiDAR. This report contains market size and forecasts of Automotive LiDAR in global, including the following market information:
- Global Automotive LiDAR Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Automotive LiDAR Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive LiDAR companies in 2022 (%)
The global Automotive LiDAR market was valued at US$ 218.1 million in 2022 and is projected to reach US$ 861.3 million by 2029, at a CAGR of 21.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Advanced Driver Assistance Systems(ADAS) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automotive LiDAR include Continental AG, Garmin Ltd, Infineon Technologies, Innoviz Technologies, LeddarTech, Osram Licht AG, Phantom Intelligence, Princeton Lightwave Inc. and Velodyne Lidar, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive LiDAR manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive LiDAR Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive LiDAR Market Segment Percentages, by Type, 2022 (%)
- Advanced Driver Assistance Systems(ADAS)
- Automatic Emergency Braking (AEB)
- Adaptive Cruise Control (ACC)
- Autonomous Cars
Global Automotive LiDAR Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive LiDAR Market Segment Percentages, by Application, 2022 (%)
- Passenger Cars
- Commercial Vehicles
Global Automotive LiDAR Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive LiDAR Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Automotive LiDAR revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Automotive LiDAR revenues share in global market, 2022 (%)
- Key companies Automotive LiDAR sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Automotive LiDAR sales share in global market, 2022 (%)
key players include:
- Continental AG
- Garmin Ltd
- Infineon Technologies
- Innoviz Technologies
- LeddarTech
- Osram Licht AG
- Phantom Intelligence
- Princeton Lightwave Inc.
- Velodyne Lidar
- Quanergy
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Automotive LiDAR, market overview.
- Chapter 2: Global Automotive LiDAR market size in revenue and volume.
- Chapter 3: Detailed analysis of Automotive LiDAR manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Automotive LiDAR in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Automotive LiDAR capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
