Automotive LiDAR MarketAutomotive LiDAR Market

Global Automotive LiDAR Market Outlook for 2022-27

Markntel Advisors has conducted a comprehensive study on the Global Automotive LiDAR Market is projected to grow at a CAGR of around 29% during the forecast period, 2022-27. The exponential rise in the global market can be attributed to the growth in the integration of AI-enabled functionalities, the growing ecosystem of Automotive IoT, and rising customer traction toward sophisticated features in the vehicles.In addition, the Global Automotive LiDAR Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth. GET PDF SAMPLE REPORT- Drivers: Rising Demand for Autonomous Vehicles WorldwideThe increasing inclination of automotive manufacturers toward manufacturing autonomous vehicles has accelerated the demand for automotive LiDAR sensors for enhancing safety requirements. The burgeoning advancements in autonomous vehicle technologies such as sensors, radars, and microprocessors, among others, have led to a surge in the adoption of autonomous vehicles, particularly from Level 1 to Level 3 as of now. Besides, the growing trend of Robo-taxis for seamless passenger transportation & automated delivery vehicles such as trucks, droids, etc., have opened new opportunities for LiDAR sensors to be equipped in these vehicles.Moreover, to foster autonomous vehicle adoption, governments across the globe have introduced various policies, legislations, and initiatives that are expected to catalyze the demand for autonomous vehicles. In this regard, the European Union (EU) launched Horizon 2020, which aimed to provide research & innovation along with several funding programs to accelerate the incorporation of the autonomous vehicle. The program was stipulated for 2014-2020 with an estimated investment of USD88 billion & has stimulated the demand for LiDAR sensors in autonomous vehicles.Global Automotive LiDAR Industry Breakdown: Key Revenue Generating SegmentsTo facilitate focused analysis, the Automotive LiDAR Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter’s five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:-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 (Windscreen, Rear View Mirrors, etc.)-By Vehicle Type-Passenger Vehicles-Internal Combustion Engine (ICE) Vehicle-Electric Vehicle (EV)-Commercial Vehicles-By Demand Type-OEM-Replacement-By Region-North America-South America-Europe-Middle East and Africa-Asia-PacificEach sections offer valuable insights into the Automotive LiDAR Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.Get Full Report – Analysis of the Global Automotive LiDAR Industry-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.-OthersRequest Customization of this report – Automotive LiDAR Market Research Report Answers the Following Key Questions

  • How big is the Global Automotive LiDAR Market?What is the projected growth rate or CAGR of the Global Automotive LiDAR Market during 2022-27?What are the key trends or growth opportunities for the key players in the Global Automotive LiDAR Market?Which ‘segment’ seems promising for companies operating in the Global Automotive LiDAR Market?
  • Note: Markntel Advisors provides personalized reports tailored to the specific needs and preferences of clients. For further information or inquiries regarding customized reports, please get in touch with the sales team, who will assist you in your purchase and address any queries you may have.About UsMarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfil their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.Thank you for reading our report. If you have any further inquiries, kindly get in touch with us so that we may send you the most appropriate report.Contact us today!Email: sales@marknteladvisors.comPhone: +1 628 895 8081 +91 120 4268433,Address: 5214F Diamond Heights Blvd #3092,San Francisco, CA 94131United States

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