Automotive LiDAR Market Trends, Revenue, Key Players, Growth, Share and Forecast Till 2027

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The advancement in automotive technology and the increase in automotive safety regulations are driving the demand for the market.
Market Size – USD 166.4 Million in 2019, Market Growth - CAGR of 27.8%, Market trends

The Global Automotive LiDAR Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Automotive LiDAR market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Automotive LiDAR industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till forcast. The report assesses the historical data and current scenario to offer accurate estimations of the Automotive LiDAR market in the coming years.

The global Automotive LiDAR Market is expected to reach USD 1,092.5 Million by 2027, according to a new report by Emergen Research. An increase in the research and development activities in the autonomous vehicle has propelled the demand for the market. The market for autonomous vehicles is continuously evolving to meet the requirement of the customers by collaborating with tech giants. Advancement in technology and awareness regarding Light Detection and Ranging for vehicle safety will create a demand for the product.

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The report further divides the Automotive LiDAR market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Automotive LiDAR market.

The report also studies the key companies of the Automotive LiDAR market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:

Delphi Automotive PLC, ZF Friedrichshafen AG, Velodyne LiDAR, Inc., First Sensor AG, Continental AG, Infineon Technologies AG, Texas Instruments Incorporated, Quanergy System Inc., Leddartech Inc., Innoviz Technologies Ltd.

Automotive LiDAR Market Segmentation

  • Image Type Outlook (Revenue, USD Billion; 2017-2027)

    • 2D Image Type
    • 3D-Image Type
  • Technology Outlook (Revenue, USD Billion; 2017-2027)

    • Solid-State LiDAR
    • Mechanical/Scanning LiDAR
  • Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)

    • ICE
    • HEV
    • PHEV
    • Battery Electric

Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/automotive-lidar-market

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Automotive LiDAR market?

What are the key product types and applications of the Automotive LiDAR industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Automotive LiDAR market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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