Automotive Lidar Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The automotive LiDAR market is expected to grow at a CAGR of 30%.    Automotive LiDAR system uses pulsed laser light to measure the distance between two vehicles by illuminating the desired target and measuring reflected pulses using a sensor. Automotive SST stem uses LIDAR to automatically control vehicle speed and braking systems in response to sudden changes in traffic conditions. Mainly, it is used in semi or fully autonomous vehicles assistance functions such as collision warning and prevention systems, blind-spot monitors, lane-maintain assistance, lane-departure depart Previously, sonar and radar systems were used in the automotive industry; however, automotive lidars replaced them in automated systems.

Company Profile

• First Sensor AG
• Ibeo Automotive Systems GmbH
• Innoviz Technologies Ltd
• LeddarTech
• Luminar Technologies
• Ouster
• Robert Bosch GmbH
• Valeo
• Velodyne LiDAR

Market Segmentation

By Application

• Semi-Autonomous Vehicle
• Autonomous Vehicles

By Technology

• Mechanical LiDAR
• Solid-state LiDAR

By Vehicle Type

• Internal Combustion Engine (ICE)
• Electric & Hybrid

Scope of the Report

The research study analyzes the Automotive Lidar Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Lidar Market Report

1. What was the Automotive Lidar Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Lidar Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Lidar Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Automotive Lidar Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Automotive Lidar
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Automotive Lidar
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Automotive Lidar Market.