Overview of the Global Automotive LiDAR Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Global Automotive LiDAR Market 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), By Vehicle Type (Passenger Vehicles [Internal Combustion Engine [ICE] Vehicle, Electric Vehicle [EV]], Commercial Vehicles), By Demand Type (OEM, Replacement) and Others, The Global Automotive LiDAR Market size was valued at around USD 510 million in 2023 & is estimated to grow at a CAGR of around 18.5% during the forecast period, 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Global Automotive LiDAR Market Growth and Scope:
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2025-2030): 18.5%
Request Free Sample Report (Exclusive Offer on this report): https://www.marknteladvisors.com/query/request-sample/global-automotive-lidar-market.html
In case you missed it, we are currently revising our reports. Click on the “request sample report” button to get the latest research data with forecast for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Global Automotive LiDAR Market Trend:
Rising Innovation for Self-Driving Vehicles – Companies, to enhance the L3 or achieve the L4 autonomy in automobiles, are driving innovation and are considering the adoption of LiDAR as a possible solution. Consider a scenario in which an automobile with its self-driving feature enabled is traveling at a speed of 100 kmph. Suddenly an object came in front of it just 200 meters away, the automobile needed to have capability enough to detect it, process it, and make a decision to ensure safe navigation in about 7 seconds. This is where the need for a sophisticated Automotive LiDAR system comes in, as its ability to map the surrounding environment in detail in real time ensures a rapid and accurate assessment of the obstacle in response to the changing dynamics on the road.
The development of such scenarios is resulting in heavy investments in the R&D and integration of advanced LiDAR technology in autonomous vehicles for better reliability and safety. This will boost the navigational capabilities for L4 and possible L5 autonomy of an automobile and fuel the Automotive LiDAR Market Share in the coming years.
A Comprehensive Analysis of Leading Companies of Automotive LiDAR Market by MarkNtel Advisors:
- 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
Key Automotive LiDAR Market Segmentation:
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/global-automotive-lidar-market.html
-By Application
- Autonomous
- Semi-Autonomous
The semi-autonomous segment holds the largest market share in terms of application, in the Global Automotive LiDAR Market.
-By Technology
- Mechanical
- Solid-state
-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
- Commercial Vehicles
-By Demand Type
- OEM
- Replacement
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”
Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
Contact Our Analysts for Brochure Requests, Customization, or Any Pre-Purchase Inquiries: https://www.marknteladvisors.com/query/request-customization/global-automotive-lidar-market.html
About Us –
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
More Research Studies:
- The Europe Agrivoltaic Market size valued at USD 278.29 million in 2024, is set to reach USD 2,493 million by 2030, growing at a CAGR of 45%.
- Explore the UAE HR Outsourcing Services Market, valued at USD 500 million in 2024, with a CAGR of 6.2% during 2024-30. Discover trends, drivers, challenges, and key players shaping the future of HR outsourcing in the UAE.
- OTT Platform Market size was valued at around USD 235 billion in 2024 and is projected to reach USD 595 billion by 2030 with a CAGR of around 16.7%.
Media Contact:
Company Name: MarkNtel Advisors
Email: sales@marknteladvisors.com
Website: www.marknteladvisors.com/
Phone: +1 628 895 8081, +91 70 4278433
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh – 201301, India
