Automotive LiDAR Sensors Market to surge at 25% CAGR and reach remarkable value by 2023, according to Global Automotive LiDAR Sensors Market Analysis Report published by Market Research Future. The future of the Automotive LiDAR Sensors market looks promising. Global Automotive LiDAR Sensors Industry Report analyzes Market for Automotive LiDAR Sensors application type, placement, image type, and end market and Region with Forecast to 2023.
Major Automotive LiDAR Sensors Companies covered in the market report include Delphi Automotive (the U.K.), Continental AG (Germany), ZF Friedrichshafen (Germany), Infineon Technologies (Germany), Velodyne LiDAR (the U.S.), Texas Instruments Incorporated (the U.S.), First Sensor AG(Germany), Robert Bosch (Germany), Ibeo Automotive (Germany), Quanergy Systems (the U.S.), Valeo S.A. (France), Denso (Japan), PulsedLight (the U.S.), Teledyne Optech (Canada), LeddarTech (Canada), Trilumina (the U.S.), TetraVue (the U.S.), Princeton Lightwave (the U.S.), and HELLA GmbH (Germany).
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Global Market Highlights:
Market Research Future (MRFR) in its “Automotive LiDAR Sensors Market” report states that the market is expected to trend up and thrive at a CAGR of 25% across the forecast years of 2017 to 2023.
The ability of automotive LIDAR (light detection and ranging) sensors to detect objects at about 300 meters enhance on-road safety. This is likely to act as the primary factor that is expected to escalate the global market of Automotive LiDAR Sensors. The rise in concern for improving the safety of passenger and vehicle is surging the demand for LIDAR sensors in automobiles, which is expected fuel the Automotive LiDAR Sensors market growth. The rise production of automobiles to meet the growing demand for automobiles as the world population expands is also expected to trend the market upward. However, the mounting complexities and high installation and maintenance price of LIDAR systems can hinder the market expansion.
Automotive LiDAR Sensors Industry Segments:
The global market of Automotive LiDAR Sensors is studied in segments of application type, placement, image type, and end market.
By application type, the Automotive LiDAR Sensors market is segmented into autonomous vehicles and semi-autonomous vehicles.
By image type, the Automotive LiDAR Sensors market is segmented into 3D image and 2D image.
By placement, the Automotive LiDAR Sensors market is segmented into bumpers, headlight & taillight, roof, and others.
By end market, the Automotive LiDAR Sensors market is segmented into OEM and aftermarket. The OEM segment is likely to dominate the market in the coming year due to the increase in the number of OEM.
Regional Analysis:
The Automotive LiDAR Sensors market has been geographically studied into four major regions. They are; North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). In Europe, the Automotive LiDAR Sensors market is expected to secure a major portion of the turnover of the global market in the evaluation years. The intensifying focus of the regional automakers on upgrading electronics for automobiles is a significant factor that can surge the regional market. Additional factors, such as quick expansion of the automotive industry and increase in export activities of automotive parts that the region is witnessing are likely to boost the Europe market. The North America region
Automotive LiDAR Sensors market is expected to register a substantial growth. The fast-paced adoption of advanced technologies that equip automobiles with better features, is noted increase the demand for LIDAR sensors in both fuels powered and electronic vehicles. The hike in disposable income of the North America population is also expected to boost the regional market. The Automotive LiDAR Sensors market in Asia Pacific is likely to register a high rate of growth owing to the increase in the production of automotive parts and their export.
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TABLE OF CONTENTS:
1 Introduction
1.1 Definition
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Propulsionology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
Continued…
LIST OF TABLES:
Table 1 Global Automotive LiDAR Sensors Market: By Region, 2018-2023
Table 2 North America Automotive LiDAR Sensors Market: By Country, 2018-2023
Table 3 Europe Automotive LiDAR Sensors Market: By Country, 2018-2023
Table 4 Asia-Pacific Automotive LiDAR Sensors Market: By Country, 2018-2023
Table 5 RoW Automotive LiDAR Sensors Market: By Country, 2018-2023
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down & Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…
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