Global Lidar for ADAS Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Lidar for ADAS Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

LiDAR is a laser-based remote sensing technology that uses laser-based beams instead of radio electromagnetic waves to implement the traditional and straightforward radar concept. In advanced driver assistance systems (ADAS), LiDAR plays a vital role.

For ADAS, the application of LiDAR is mainly reflected in the following aspects:

3D modeling of surrounding environment: LiDAR scans the surrounding environment with laser, obtains a large amount of point cloud data, and then generates an accurate digital 3D model. This model provides autonomous vehicles with detailed environmental information, helping the vehicles better understand and respond to complex road conditions.

High-precision positioning: Combined with the Global Positioning System (GPS) and the Inertial Navigation System (INS), LiDAR can achieve high-precision positioning. This is crucial for autonomous vehicles, especially in complex urban environments, where precise positioning can help vehicles more accurately identify road markings, traffic signals, and obstacles.

Obstacle detection and classification recognition: During the scanning process, LiDAR can identify obstacles, clarify their location in space, and classify them. For example, obstacles such as vehicles and pedestrians can be segmented into independent individuals, and obstacle classification and object tracking can be achieved through matching and tracking. This helps autonomous vehicles better avoid potential risks and ensure driving safety.

According to our (Global Info Research) latest study, the global Lidar for ADAS market size was valued at US$ 1639 million in 2023 and is forecast to a readjusted size of USD 13000 million by 2030 with a CAGR of 29.5% during review period.

Perceived performance improvement. With the development of autonomous driving technology, consumers have increasingly higher requirements for travel safety and comfort. In order to meet the scene adaptability and fine control requirements of more advanced autonomous driving, automobile OEMs and first-tier suppliers have increasingly higher requirements for sensing accuracy. This requires lidar solutions to provide more refined three-dimensional environmental perception information, combined with intelligent perception software and other sensors (such as cameras) for data integration. These lidar solutions can integrate information from different sensors through advanced software to further improve the perception of driving conditions on the board.

Automotive grade reliability. Mass production of automotive lidar requires vehicle-level certifications such as IATF16949, AEC-0100, and ISO 16750, and meets various requirements of automobile OEMs and first-tier suppliers. This has been a key obstacle faced by many lidar companies in the past, as they were unable to meet the automotive industry's stringent requirements for reliability, stability or product quality. With the advancement of technology, more automotive-grade lidar solutions have appeared on the market. So far, a large number of automobile OEMs and first-tier suppliers have explored or are about to explore lidar solutions to achieve higher-level automatic driving.

Reduced cost and smaller size. In addition to the performance issues mentioned above, traditional laser radars are too costly and too large to meet the aesthetic requirements of automobiles. This has also led to automotive OEMs and tier one suppliers not wanting to use traditional laser radars in their vehicles in the past. Due to more streamlined product design and the realization of lidar chip technology, laser radar construction companies can now mass-produce Guxiong laser radar with lower cost and smaller size while meeting the perceptual performance required by customers. This increases the economic viability of lidar for end users, thereby driving the adoption of lidar solutions.

This report is a detailed and comprehensive analysis for global Lidar for ADAS market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Lidar for ADAS market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Lidar for ADAS market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Lidar for ADAS market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Lidar for ADAS market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Lidar for ADAS

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Lidar for ADAS market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hesai, Robosense, Valeo, Seyond, Ouster, Waymo, Livox, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Lidar for ADAS market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Mechanical Lidar
Solid-State Lidar

Market segment by Application
Passenger Cars
Commercial Vehicles

Major players covered
Hesai
Robosense
Valeo
Seyond
Ouster
Waymo
Livox

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Lidar for ADAS product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Lidar for ADAS, with price, sales quantity, revenue, and global market share of Lidar for ADAS from 2019 to 2024.

Chapter 3, the Lidar for ADAS competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Lidar for ADAS breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Lidar for ADAS market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Lidar for ADAS.

Chapter 14 and 15, to describe Lidar for ADAS sales channel, distributors, customers, research findings and conclusion.