Global LiDAR for Automotive Market Growth 2023-2029

Global LiDAR for Automotive Market Growth 2023-2029

Increasing stringency in safety regulations and a growing focus on autonomous and semi-autonomous cars to fuel the demand for automotive LiDAR.

LPI (LP Information)' newest research report, the “LiDAR for Automotive Industry Forecast” looks at past sales and reviews total world LiDAR for Automotive sales in 2022, providing a comprehensive analysis by region and market sector of projected LiDAR for Automotive sales for 2023 through 2029. With LiDAR for Automotive sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LiDAR for Automotive industry.

This Insight Report provides a comprehensive analysis of the global LiDAR for Automotive landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LiDAR for Automotive portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LiDAR for Automotive market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LiDAR for Automotive and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LiDAR for Automotive.

The global LiDAR for Automotive market size is projected to grow from US$ 251.3 million in 2022 to US$ 1104.1 million in 2029; it is expected to grow at a CAGR of 1104.1 from 2023 to 2029.

The European market is estimated to be the fastest growing market in terms of volume.

This report presents a comprehensive overview, market shares, and growth opportunities of LiDAR for Automotive market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mechanical LiDAR
Solid State LiDAR

Segmentation by application
Bumper & Grill
Headlight & Taillight
Roof & Upper Pillar

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Trimbel
Hexagon AB
Sick AG
Topcon
Velodyne
Riegl
Valeo
Leosphere
Innovusion
Hesai
Ibeo
Ouster
LeddarTech
Robosense
Luminar
Beijing Wanji Technology
SureStar
Continental
LeiShen Intelligent System
Benewake
Quanergy
Cepton
Waymo
Huwei
Denso
Encradar
FaseLase
Innoviz
Aeva
Faro
BEA Sensor
Hokuyo
ASC
Livox

Key Questions Addressed in this Report

What is the 10-year outlook for the global LiDAR for Automotive market?

What factors are driving LiDAR for Automotive market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LiDAR for Automotive market opportunities vary by end market size?

How does LiDAR for Automotive break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.