Market Overview:
The global automotive grade lidar sensor market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for autonomous vehicles and rising awareness about the benefits of using lidar sensors. The global automotive grade lidar sensor market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into solid state lidar, mechanical lidar, solid-state hybrid Lidar, and others. The solid state LidAR segment is expected to hold a major share in terms of revenue in 2018 owing to its advantages such as low cost and small size. On the basis of application, OEM accounted for majority share in 2017 and is projected to maintain its dominance during forecast period due high adoption rate by original equipment manufacturers (OEMs).
Product Definition:
An automotive grade lidar sensor is a type of sensor that is specifically designed for use in cars and other vehicles. These sensors are often used for advanced safety features such as lane departure warning and collision avoidance systems.
Solid State Lidar:
Solid state lidar, also known as smart or autonomous lidar is a self-contained, mobile and wireless sensing device used to sense the environment around it. It uses laser for perception instead of electromagnetic radiation used in traditional LiDAR systems. The major advantage of solid state over conventional LiDAR is that there are no moving parts; hence it reduces the risk of failure and ensures continuous operation even in extreme conditions such as high temperature or pressure.
Mechanical Lidar:
Mechanical lidar is a remote sensing technology that measures the distance to nearby objects using laser pulses and returns the data for analysis. The automotive grade lidar sensor market is expected to witness significant growth over the forecast period owing to its increasing demand in autonomous cars, driverless taxis, and other robotics applications.
Advancements in machine vision systems have led to an increase in their application across various industries such as manufacturing, automotive & transportation among others.
Application Insights:
OEMs such as BMW, Mercedes, Audi and Porsche are continuously working on the integration of lidar into their vehicles. Integration of this technology into vehicle electronics helps manufacturers in improving the overall safety and driving experience by providing better understanding of the environment around the vehicle. The OEM segment dominated the market with a share of over 70% in 2017 owing to extensive usage for development purposes and testing before integrating into production cars.
The research segment is expected to expand at a CAGR more than 16% from 2018 to 2030 due to increasing R&D activities pertaining to new applications such as autonomous navigation using 3D laser scanners, 3D modeling using LIDAR sensors along with photogrammetry tools for mapping indoor environments is projected to emerge as one of the key growth avenues during future years. Other potential applications include augmented reality systems that can be used for enhancing driver visibility when parking or maneuvering through an obstacle course at night time or in bad weather conditions.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of prominent players such as, Light Detection and Ranging LLC (Shenzhen) Limited, Mobile Lidar Inc. and others. The region is expected to maintain its dominance over the forecast period due to increasing demand for advanced driver assistance systems (ADAS) coupled with stringent government regulations pertaining to vehicle safety.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising consumer disposable income levels in emerging economies such as China and India along with increased spending on passenger cars & commercial vehicles.
Europe accounted for a major share of revenue in 2017 owing high adoption rate of advanced automotive technologies across major countries including Germany, France, Italy U.K.
Growth Factors:
- Increasing demand for autonomous cars and driverless vehicles: The global automotive grade lidar sensor market is expected to grow at a significant rate during the forecast period, owing to the increasing demand for autonomous cars and driverless vehicles. Lidar sensors are used in these types of vehicles for object detection and mapping, which is why their demand is increasing rapidly.
- Rising awareness about the benefits of advanced safety features: There has been a rise in the number of road accidents in recent years, which has led to an increase in awareness about the benefits of advanced safety features such as those offered by automotive grade lidar sensors. This is expected to drive the growth of this market during the forecast period.
- Technological advancements: The global automotive grade lidar sensor market is witnessing rapid technological advancements, with new products being launched regularly by leading players operating in this space. This is helping fuel growth in this market as consumers are increasingly opting for technologically advanced products over traditional ones.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Grade Lidar Sensor Market Research Report
By Type
Solid State Lidar, Mechanical Lidar, Solid-State Hybrid Lidar, Others
By Application
OEM, Research
By Companies
Velodyne, Ibeo, Quanergy, Hesaitech, Slamtec, Huawei, Livox, Lumentum, Luminar, Leishen, Sick, Hokuyo, Trimble, Innoviz, Leddar Tech, Leica, RoboSense, First Edible Nest
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Grade Lidar Sensor Market Report Segments:
The global Automotive Grade Lidar Sensor market is segmented on the basis of:
Types
Solid State Lidar, Mechanical Lidar, Solid-State Hybrid Lidar, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Research
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Velodyne
- Ibeo
- Quanergy
- Hesaitech
- Slamtec
- Huawei
- Livox
- Lumentum
- Luminar
- Leishen
- Sick
- Hokuyo
- Trimble
- Innoviz
- Leddar Tech
- Leica
- RoboSense
- First Edible Nest
Highlights of The Automotive Grade Lidar Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid State Lidar
- Mechanical Lidar
- Solid-State Hybrid Lidar
- Others
- By Application:
- OEM
- Research
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Grade Lidar Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive grade lidar sensor is a type of laser scanner used in autonomous vehicles. It emits a laser beam and measures the time it takes for the light to return, which allows the sensor to create an image of its surroundings.
Some of the key players operating in the automotive grade lidar sensor market are Velodyne, Ibeo, Quanergy, Hesaitech, Slamtec, Huawei, Livox, Lumentum, Luminar, Leishen, Sick, Hokuyo, Trimble, Innoviz, Leddar Tech, Leica, RoboSense, First Edible Nest.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Grade Lidar Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Grade Lidar Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Grade Lidar Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Grade Lidar Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Grade Lidar Sensor Market Size & Forecast, 2018-2028
4.5.1 Automotive Grade Lidar Sensor Market Size and Y-o-Y Growth
4.5.2 Automotive Grade Lidar Sensor Market Absolute $ Opportunity
Chapter 5 Global Automotive Grade Lidar Sensor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Grade Lidar Sensor Market Size Forecast by Type
5.2.1 Solid State Lidar
5.2.2 Mechanical Lidar
5.2.3 Solid-State Hybrid Lidar
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Grade Lidar Sensor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Grade Lidar Sensor Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Grade Lidar Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Grade Lidar Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Grade Lidar Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Grade Lidar Sensor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Grade Lidar Sensor Market Size Forecast by Type
9.6.1 Solid State Lidar
9.6.2 Mechanical Lidar
9.6.3 Solid-State Hybrid Lidar
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Grade Lidar Sensor Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Research
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Grade Lidar Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Grade Lidar Sensor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Grade Lidar Sensor Market Size Forecast by Type
10.6.1 Solid State Lidar
10.6.2 Mechanical Lidar
10.6.3 Solid-State Hybrid Lidar
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Grade Lidar Sensor Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Research
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Grade Lidar Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Grade Lidar Sensor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Grade Lidar Sensor Market Size Forecast by Type
11.6.1 Solid State Lidar
11.6.2 Mechanical Lidar
11.6.3 Solid-State Hybrid Lidar
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Grade Lidar Sensor Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Research
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Grade Lidar Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Grade Lidar Sensor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Grade Lidar Sensor Market Size Forecast by Type
12.6.1 Solid State Lidar
12.6.2 Mechanical Lidar
12.6.3 Solid-State Hybrid Lidar
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Grade Lidar Sensor Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Research
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Grade Lidar Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Grade Lidar Sensor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Grade Lidar Sensor Market Size Forecast by Type
13.6.1 Solid State Lidar
13.6.2 Mechanical Lidar
13.6.3 Solid-State Hybrid Lidar
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Grade Lidar Sensor Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Research
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Grade Lidar Sensor Market: Competitive Dashboard
14.2 Global Automotive Grade Lidar Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Velodyne
14.3.2 Ibeo
14.3.3 Quanergy
14.3.4 Hesaitech
14.3.5 Slamtec
14.3.6 Huawei
14.3.7 Livox
14.3.8 Lumentum
14.3.9 Luminar
14.3.10 Leishen
14.3.11 Sick
14.3.12 Hokuyo
14.3.13 Trimble
14.3.14 Innoviz
14.3.15 Leddar Tech
14.3.16 Leica
14.3.17 RoboSense
14.3.18 First Edible Nest
