Automotive LiDAR Market Incredible Possibilities, Growth with Industry Study, Detailed Analysis and Forecast To 2026

The study on Automotive LiDAR market provides a complete view on the industry with intricate details subject to its overall stance in the global landscape along with specifying various applications across major end-user sectors.

Automotive LiDAR Market is anticipated to exceed three million units with a market size of over USD 3 billion by 2024. The automotive LiDAR market is propelled by increasing R&D activities for the development of autonomous vehicles. Technology giants and automakers, such as Google and GM, are working toward developing their own autonomous solutions for self-driving vehicles. Supportive government initiative and policies have further fostered the growth of the market.

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Further, the report also puts forth various factors that are potentially driving the revenue graph of the industry over the time, along with offering details of the ongoing trends that the given industry is characterized by.

According to the analysis, market has been divided into multiple segments including By Type, By Vehicle, regions, and expansive competitive landscape.

  • By Type (Mechanical, Solid-State),
  • By Vehicle (Autonomous, Semi-Autonomous)

As per the given document, market has been diversified into North America, Europe, Asia Pacific, Latin America, MEA whose comprehensive analysis has been mentioned in the study. It also includes factors and trends that are deemed to promote the growth of regional markets, each region’s individual market share and size, technologies used, governmental laws and regulations, and other factors.

  • North America,
  • Europe,
  • Asia Pacific,
  • Latin America,
  • MEA

The industry is highly fragmented and claims the presence of top-notch companies operating the realm including LeddarTech, Continental, Luminar Technologies, Aptiv, Uber, Blackmore Sensors and Analytics, Trilumia, ZF, Magna, Innoviz Technologies, Oryx Vision, BMW, Nissan, Mercedes-Benz, Volvo, RoboSense, Audi, Velodyne, and Quanergy. Market analysis of this segment highlights details on the sales growth of each of these companies, their strategic initiatives, individual company profiles, market share, and position in the worldwide ecosystem.

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Table of Contents (ToC) of the report:

Chapter 1. Methodology & Scope

  • 1.1. Methodology
    • 1.1.1. Initial data exploration
    • 1.1.2. Statistical model and forecast
    • 1.1.3. Industry insights and validation
    • 1.1.4. Scope
    • 1.1.5. Definitions
    • 1.1.6. Methodology & forecast parameters
  • 1.2. Data Sources
    • 1.2.1. Secondary
      • Paid
      • Public
    • 1.2.2. Primary

Chapter 2. Executive Summary

  • 2.1. Automotive LiDAR industry 360º synopsis, 2016 - 2024
    • 2.1.1. Business trends
    • 2.1.2. Regional trends
    • 2.1.3. Type trends
    • 2.1.4. Vehicle trends

Chapter 3. Automotive LiDAR Market Insights

  • 3.1. Introduction
  • 3.2. Industry segmentation
  • 3.3. Industry landscape, 2016 - 2024
    • 3.3.1. Autonomous vehicles market
    • 3.3.2. Semi autonomous vehicles market
  • 3.4. Industry ecosystem analysis
  • 3.5. The market evolution
  • 3.6. Market news