Automotive LiDAR Market

The report "LiDAR for Automotive Market by Technology (Mechanical and Solid State), Application (Semi-Autonomous and Autonomous), Location (Bumper and Grill, Headlight and Taillight, and Roof and Upper Pillar), Image Type (2D and 3D), and Vehicle Type - Global Forecast to 2030", The LiDAR for automotive market is expected to grow from an estimated USD 735.0 Million in 2025 to a projected USD 2,557.3 Million by 2030, at a CAGR of 28.32%, during the forecast period. The LiDAR market for automotive division is expected to register high growth rate due to its technological superiority over other available sensors in the automotive industry, such as RADAR and cameras. Factors such as the rising popularity of autonomous vehicles, government regulations for vehicle safety, and an increase in the adoption of ADAS technology by OEMs are driving the market for LiDAR.

Browse 92 market data tables and 54 figures spread through 159 pages and in-depth TOC on "LiDAR for Automotive Market by Technology (Mechanical and Solid State), Application (Semi-Autonomous and Autonomous), Location (Bumper and Grill, Headlight and Taillight, and Roof and Upper Pillar), Image Type (2D and 3D), and Vehicle Type - Global Forecast to 2030"
https://www.marketsandmarkets.com/Market-Reports/lidar-sensor-automotive-market-34875060.html
Early buyers will receive 10% customization on reports.

The semi-autonomous vehicle market is estimated to be the largest market for the LiDAR for automotive market, by application

The semi-autonomous vehicle segment is estimated to hold the largest market share of the LiDAR for Automotive Market due to factors such as an increase in the demand for driving safety features, the development of cost effective LiDAR solutions, and increasing government regulations.

The 3D segment market is estimated to be the fastest growing market of the LiDAR for automotive market, by image type

The 3D segment market is estimated to be the fastest growing market of the LiDAR for automotive market, by image type due to the technological advantages over 2D LiDAR and an expected increased use of autonomous vehicle technology in the automotive industry. The accuracy and performance of 3D LiDAR in autonomous vehicles are far superior to conventional solutions such as RADAR and camera.

The European market is estimated to be the largest market in the LiDAR for automotive market

The European market is projected to be the largest market in the LiDAR for automotive market as the testing of autonomous vehicles has begun in several countries in the region, such as Germany, U.K. and France. The investment in research and development in the European automotive industry is the largest worldwide, with about 180 automobile facilities across the region. The European LiDAR for automotive market is led by the market in Germany owing to the increased demand for technologically advanced features in the country.

The LiDAR for automotive market is dominated by a few globally established players such as Delphi Automotive, PLC (U.K.), Continental AG (Germany), ZF Friedrichshafen AG (Germany), Infineon Technologies AG (Germany), Velodyne LiDAR, Inc. (U.S.), Texas Instruments, Inc. (U.S.), Leddartech, Inc. (U.S.), First Sensor AG (Germany), Quanergy Systems, Inc. (U.S.), and Innoviz Technologies, Ltd. (Israel).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]