Global automotive LiDAR market expected to reach USD 731 million by 2025, at a CAGR of slightly above 28.2% between 2019 and 2025. Automotive light detection and ranging (LiDAR), also known as laser detection and ranging (LADAR), is a method to sense and detect objects and map the object’s distance.
Automotive LiDAR Market
The report analyzes and forecasts the automotive LiDAR market on a global and regional level. The study offers past data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The assessment of automotive LiDAR market dynamics gives a brief thought about the market drivers and restraints along with their impact on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the automotive LiDAR market on a global level.
The report gives a transparent view of the automotive LiDAR market. We have included a detailed competitive scenario and portfolio of the leading vendors operating in the automotive LiDAR market. To understand the competitive landscape in the automotive LiDAR market, an analysis of Porter’s Five Forces model for the automotive LiDAR market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a crucial view of the automotive LiDAR market by segmenting it based on application, technology, location, image projection, component, and region. All the segments of the automotive LiDAR market have been analyzed based on present and the future trends and the market is estimated from 2019 to 2025. The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe.
Some noticeable players of the automotive LiDAR market are Denso Corporation, Continental, Luminar Technologies, Innoviz Technologies, Panasonic Corporation, Omron Corporation, Valeo, Trilumina Corporation, Xenomatix, and Velodyne LiDAR.
This report segments the global automotive LiDAR market into:
Global Automotive LiDAR Market: Application Analysis
Global Automotive LiDAR Market: Technology Analysis
Global Automotive LiDAR Market: Location Analysis
Global Automotive LiDAR Market: Image Projection Analysis
Global Automotive LiDAR Market: Component Analysis
Global Automotive LiDAR Market: Regional Analysis
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