Automotive LIDAR Sensors Market 2018 Global Growth, Size, Share, Industry Trends, Opportunities, Competitive Analysis, And Regional Forecast To 2023

“Automotive LIDAR Sensors Market”
Automotive LIDAR Sensors Market to grow at 25% compound annual growth rate from 2018 to 2023, according to “Global Automotive LIDAR Sensors Market Size, Share, Trends, Growth and Regional Forecast Industry Report” published by Market Research Future. This report comprises comprehensive information on Automotive LIDAR Sensors Market Forecast data up to 2023, with historic and current market information.

Automotive LIDAR Sensors Market to grow at 25% compound annual growth rate from 2018 to 2023, according to “Global Automotive LIDAR Sensors Market Size, Share, Trends, Growth and Regional Forecast Industry Report” published by Market Research Future. This report comprises comprehensive information on Automotive LIDAR Sensors Market Forecast data up to 2023, with historic and current market information. Automotive LIDAR Sensors Industry analysis done by Application Type (Semi-Autonomous Vehicles, Autonomous Vehicles), Image Type (2D Image, 3D Image), Placement (Headlight & Taillight, Bumpers, Roof, Others), by end market (OEMs, Aftermarket), and Region.

Global Automotive LIDAR Sensors Market Highlights:

The global automotive LIDAR sensors market is majorly being driven by the strengths of LIDAR sensors such as high angular resolution and wide view that is required for proper mid-range detection. The data scanned by the LIDAR is capable of being recorded by the software tools, which can be used for creating a model of vehicles surrounding. Also, the LIDAR sensors serve as a perfect connection between close ranges and far range sensor systems.

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Automotive LIDAR Sensors Market Key Companies Studied in this report are:

Delphi Automotive (U.K.), Continental AG (Germany), ZF Friedrichshafen (Germany), Infineon Technologies (Germany), Velodyne LiDAR (U.S.), Texas Instruments Incorporated (U.S.), First Sensor AG(Germany), Robert Bosch (Germany), Ibeo Automotive (Germany), Quanergy Systems (U.S.), Valeo S.A. (France), Denso (Japan), PulsedLight (U.S.), Teledyne Optech (Canada), LeddarTech (Canada), Trilumina (U.S.), TetraVue (U.S.), Princeton Lightwave (U.S.), and HELLA GmbH (Germany).

LIDAR (Light Detection and Ranging) system is used to determine the time in which a pulse laser overcomes a certain distance in particular medium. The automotive sector generally uses laser pulses with a length of 3-20 nanoseconds. The LIDAR sensors in automotive are capable of detecting objects within a range of 300 meters. The global automotive LIDAR sensors market has seen remarkable growth in the global market and it has been observed that, its demand in the future is expected to grow at CAGR of ~25%.

Mechanical LIDAR sensors have been extensively used by the automotive manufacturers due to its implementation of testing the automated vehicle prototype. These create challenges for the manufacturers during integration of automotive given their fragile, bulky and expensive nature.

Region wise, the global automotive LIDAR sensors market has been segmented as North America, Europe, Asia Pacific and Rest of the World. Europe has accounted for the largest market share, in 2016, followed by Asia Pacific. The Europe region is a hub for a large number of automotive manufacturing companies. The automobile companies are integrating LIDAR sensors in the advanced driver assistance system, thereby driving the growth of the market in the region.

Furthermore, North America region is expected to experience growth in the automotive LIDAR sensors market with the increased emphasis on artificial intelligence-based products. Asia Pacific region is expected to grow tremendously in the global automotive LIDAR sensors market due to the presence of countries such as Japan. Such countries are well known for their technological innovations in developing LIDAR sensor technology and the effective integration of artificial intelligence in electric vehicles.

Market Segments Analysis:

The scope of the study segments the global Automotive LIDAR Sensors Market by application type, by image type, by placement, by end-market and by regions.

By Application Type: Comprises Semi-Autonomous Vehicles, Autonomous Vehicles.

By Image Type: 2D Image, 3D Image.

By Placement: Headlight & Taillight, Bumpers, Roof, And Others.

By End Market: OEMs, Aftermarket.

By Regions: North America, Asia Pacific, Europe, And Rest of the World.

Research Methodology:

Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.

The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Stud

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4.1 Introduction

4.2 Forward Collision Warning

4.3 Dynamic Brake Support

4.4 Crash Imminent Braking

Continued…

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