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c o m

Automotive LiDAR Market

Report
2020-2027
The advancement in automotive technology and the increase
in automotive safety regulations are driving the demand for
the market.
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 Market
Summary
The global Automotive LiDAR Market is expected to reach USD 1,092.5 Million by 2027, according to a new report by
Emergen Research. An increase in the research and development activities in the autonomous vehicle has propelled the
demand for the market. The market for autonomous vehicles is continuously evolving to meet the requirement of the
customers by collaborating with tech giants. Advancement in technology and awareness regarding Light Detection and
Ranging for vehicle safety will create a demand for the product.

The benefit of the LiDAR may drive its demand, but the high cost and low durability of the currently existing technology
will affect its demand among the automotive industry. Several companies have avoided using this technology owing to
its less durability and limited range. However, manufacturers are seeing it as an upcoming technology in the industry
and are engaging in updating the current technology. Velodyne Company, in 2017, established a LiDAR factory in
California to ramp up its LiDAR product portfolio.

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 Market
Summary
Some Key Highlights From the Report
 The high demand for solid-state LiDAR is due to its cost-effective nature. Built on a silicon chip, a solid-state LiDAR is
smaller and more irrepressible to vibrations. It can also adjust its directional focus, which is desirable for
autonomous vehicle designers.
 The autonomous vehicle is witnessing an increased demand as it helps reduce traffic congestion resulting in the
efficient delivery of goods and services. It also facilitates better fuel efficiency and reduces carbon monoxide
emission.
 Key participants include Delphi Automotive PLC, ZF Friedrichshafen AG, Velodyne LiDAR, Inc., First Sensor AG,
Continental AG, Infineon Technologies AG, Texas Instruments Incorporated, Quanergy System Inc., Leddartech Inc.,
and Innoviz Technologies Ltd., among others.

 Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/139

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 Market
Summary
For the purpose of this report, Emergen Research has segmented into the global Automotive LiDAR Market on the
basis of image type, technology, vehicle type, application, location, and region:
Image Type Outlook (Revenue, USD Billion; 2017-2027)
2D Image Type
3D-Image Type
Technology Outlook (Revenue, USD Billion; 2017-2027)
Solid-State LiDAR
Mechanical/Scanning LiDAR
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
ICE
HEV
PHEV
Battery Electric
Application Outlook (Revenue, USD Billion; 2017-2027)
Autonomous Vehicle
Semi-autonomous vehicle

Read More@ https://www.emergenresearch.com/industry-report/automotive-lidar-market

Parameter Details

Market Size Estimation Period 2020-2028

Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028

Quantitative Units Revenue in USD million & CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions & more.

Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
MARKET
Revenue Forecast, Company Ranking, Competitive SEGMENTATION
Report Coverage
Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America,
Middle East and Africa

Customization Scope 10 hours of free customization & expert consultation

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Pricing and Purchase Options
Discount to Avail New Year Discount

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Regional Share Dynamics

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