LiDAR Sensor Automotive Market worth 2,557.3 Million USD by 2030 - PowerPoint PPT Presentation

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LiDAR Sensor Automotive Market worth 2,557.3 Million USD by 2030

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LiDAR Sensor Automotive Market report categorizes the global market by Application (Autonomous & Semi-Autonomous), Image Type (3D, 2D), Vehicle Type, Location (Roof & Upper Pillar, Headlight and Taillight, Bumper & Grill), Technology (Solid State and Mechanical) & by Geography – PowerPoint PPT presentation

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Title: LiDAR Sensor Automotive Market worth 2,557.3 Million USD by 2030


1
MarketsandMarkets Presents
LiDAR Sensor Automotive Market worth 2,557.3
Million USD by 2030
http//www.marketsandmarkets.com/Market-Reports/li
dar-sensor-automotive-market-34875060.html
2
  • "LiDAR Sensor Automotive Market by Technology
    (Mechanical, and Solid State), Application
    (Semi-Autonomous, and Autonomous), Location
    (Bumper Grill, Headlight Taillight, Roof
    Upper Pillar), Image Type (2D, and 3D), Vehicle
    Type - Global Forecast to 2030
  • The LiDAR sensor automotive market is expected to
    grow from an estimated USD 735.0 Million in 2025
    to a projected USD 2,557.3 Million by 2030, at a
    CAGR of 28.32, during the forecast period.
  •                       
  • Browse 91 market data tables and 54 figures
    spread through 164 pages and in-depth TOC
    on "LiDAR Sensor Automotive Market by Technology
    (Mechanical, and Solid State), Application
    (Semi-Autonomous, and Autonomous), Location
    (Bumper Grill, Headlight Taillight, Roof
    Upper Pillar), Image Type (2D, and 3D), Vehicle
    Type - Global Forecast to 2030
  • http//www.marketsandmarkets.com/Market-Reports/l
    idar-sensor-automotive-market-34875060.html

3
  • The market, by volume, is expected to reach
    31,686.1 thousand units by 2030 owing to the
    technological superiority of LiDAR over other
    available sensors in the automotive industry,
    such as RADAR and cameras. Factors such as the
    rising popularity of semi-autonomous vehicles,
    government regulations for vehicle safety, and an
    increase in the adoption of ADAS technology by
    OEMs are driving the LiDAR sensor automotive
    market.
  • The semi-autonomous market is estimated to be the
    largest market for the LiDAR sensor automotive
    market, by application
  • The semi-autonomous segment is estimated to hold
    the largest market share of the LiDAR sensor
    automotive market due to factors such as an
    increase in the demand for driving safety
    features, the development of cost effective LiDAR
    solutions, and increasing government regulations.
  • The 3D segment market is estimated to be the
    fastest growing market of the LiDAR sensor
    automotive market, by image type
  • The 3D segment market is estimated to be the
    fastest growing market of the LiDAR sensor
    automotive market, by image type due to the
    technological advantages over 2D LiDAR and an
    expected increased use of autonomous vehicle
    technology in the automotive industry.

4
  • The accuracy and performance of 3D LiDAR in
    autonomous vehicles are far superior to
    conventional solutions such as RADAR and camera.
  • The European market is estimated to be the
    largest market in the LiDAR sensor automotive
    market
  • The European market is projected to be the
    largest market in the LiDAR sensor automotive
    market as the testing of autonomous vehicles has
    begun in several countries in the region, such as
    Germany and France. The investment in research
    and development in the European automotive
    industry is the largest worldwide, with about 180
    automobile facilities across the region. The
    European LiDAR sensor automotive market is led by
    the market in Germany owing to the increased
    demand for technologically advanced features in
    the country.
  • The LiDAR sensor automotive market is dominated
    by a few globally established players such as
    Delphi Automotive, PLC (U.K.), Continental AG
    (Germany), ZF Friedrichshafen AG (Germany),
    Infineon Technologies AG (Germany), Velodyne
    LiDAR, Inc. (U.S.), Texas Instruments, Inc.
    (U.S.), Leddartech, Inc. (U.S.), First Sensor AG
    (Germany), Quanergy Systems, Inc. (U.S.), and
    Innoviz Technologies, Ltd. (Israel).

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About MarketsandMarkets
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with our huge market intelligence repository.
6
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