Global Automotive Lidar Sensors Market 2024-2028

Global Automotive Lidar Sensors Market 2024-2028


The automotive Lidar sensors market is forecasted to grow by USD 693.6 mn during 2023-2028, accelerating at a CAGR of 22.08% during the forecast period. The report on the automotive Lidar sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid developments in autonomous vehicle technology, key role of Lidar sensors in ADAS, and development of more versatile solid-state Lidar sensors.

Technavio's automotive Lidar sensors market is segmented as below:

By Application
  • ADAS
  • Autonomous vehicle
By Technology
  • Solid-state
  • Electro mechanical
By Geography
  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • South America
This study identifies the continuous cost reduction of lidar sensors as one of the prime reasons driving the automotive lidar sensors market growth during the next few years. Also, sensor fusion to be used to combine data from vision, radar, and lidar sensors and create range versatility and lidar sensors based on continuous-wave frequency modulation (CFM) technology will lead to sizable demand in the market.

The report on the automotive Lidar sensors market covers the following areas:
  • Automotive Lidar sensors market sizing
  • Automotive Lidar sensors market forecast
  • Automotive Lidar sensors market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive lidar sensors market vendors that include Benewake Beijing Co. Ltd, Cepton Inc., Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Ibeo Automotive Systems GmbH, Infineon Technologies AG, Innoviz Technologies Ltd., LeddarTech Inc., Leishen Intelligent Systems Co. Ltd., Lumibird Canada, Luminar Technologies Inc., Ouster Inc., Quanergy Systems Inc., TE Connectivity Ltd., TetraVue Inc., Valeo SA, Velodyne Lidar Inc., and ZF Friedrichshafen AG. Also, the automotive lidar sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Automotive LiDAR Sensors Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Automotive LiDAR Sensors Market 2018 - 2022 ($ million)
    • Application segment analysis 2018 - 2022
    • Technology segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Application
    • Market segments
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Data Table on Comparison by Application
    • ADAS - Market size and forecast 2023-2028
      • Table Data Table on ADAS - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on ADAS - Year-over-year growth 2023-2028 (%)
    • Autonomous vehicle - Market size and forecast 2023-2028
      • Table Data Table on Autonomous vehicle - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Autonomous vehicle - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Technology
    • Market segments
      • Table Data Table on Technology - Market share 2023-2028 (%)
    • Comparison by Technology
      • Table Data Table on Comparison by Technology
    • Solid-state - Market size and forecast 2023-2028
      • Table Data Table on Solid-state - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Solid-state - Year-over-year growth 2023-2028 (%)
    • Electro mechanical - Market size and forecast 2023-2028
      • Table Data Table on Electro mechanical - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Electro mechanical - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Technology
      • Table Data Table on Market opportunity by Technology ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Canada - Market size and forecast 2023-2028
      • Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Rapid developments in autonomous vehicle technology
      • Key role of LiDAR sensors in ADAS
      • Development of more versatile solid-state LiDAR sensors
    • Market challenges
      • High cost of automotive LiDAR sensors
      • System reliability and uncertainty in user acceptance of autonomous vehicles
      • Range anxiety, key limitation for automotive LiDAR sensors
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Continuous cost reduction of LiDAR sensors
      • Sensor fusion to be used to combine data from vision, RADAR, and LiDAR sensors and create range versatility
      • LiDAR sensors based on continuous-wave frequency modulation (CWFM) technology
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • Benewake Beijing Co. Ltd
    • Cepton Inc.
    • Continental AG
    • DENSO Corp.
    • HELLA GmbH and Co. KGaA
    • Ibeo Automotive Systems GmbH
    • Infineon Technologies AG
    • Innoviz Technologies Ltd.
    • LeddarTech Inc.
    • Leishen Intelligent Systems Co. Ltd.
    • Lumibird Canada
    • Luminar Technologies Inc.
    • Ouster Inc.
    • Quanergy Systems Inc.
    • TE Connectivity Ltd.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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