Press release
LiDAR Sensors Automotive Market 2018 By Global Key Players - Delphi, Continental, ZF Friedrichshafen, Infineon, Velodyne LiDAR, Texas Instruments, First Sensor, Robert Bosch, Ibeo Automotive, Quanergy Systems, Valeo, Denso, TetraVue, HELLA Analysis To 202
April. 6, 2018 (NEWS) -- LiDAR Sensors Automotive Market Research Report 2018 expands information on LiDAR Sensors Application Type (Semi-Autonomous Vehicles, Autonomous Vehicles), By Image Type (2D Image, 3D Image), By Placement (Headlight & Taillight, Bumpers, Roof, Others), by end market (OEMs, Aftermarket), and by Region (North America, Asia-Pacific, Europe and Rest of the World). The global market of LiDAR Sensors Automotive market will grow at a rapid pace over the forecast period. The automotive LIDAR sensors market is expected to grow at 25% CAGR during the period 218 to 2023.The global automotive LIDAR sensors market is very dynamic, and is expected to witness significant growth over the forecast period. The growth of this market is attributed to the increased integration of LIDAR in advanced driver assistant system, majorly by the original equipment manufacturers. This ensures that the vehicles have safe navigation and avoid collision. With the growth of the automotive market, providing safe and comfortable driver assistance is becoming the unique selling point for OEMs.
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LiDAR Sensors Automotive Market Companies Analyzed: Delphi Automotive (U.K.), Continental AG (Germany), ZF Friedrichshafen (Germany), Infineon Technologies (Germany), Velodyne LiDAR (U.S.), Texas Instruments Incorporated (U.S.), First Sensor AG(Germany), Robert Bosch (Germany), Ibeo Automotive (Germany), Quanergy Systems (U.S.), Valeo S.A. (France), Denso (Japan), PulsedLight (U.S.), Teledyne Optech (Canada), LeddarTech (Canada), Trilumina (U.S.), TetraVue (U.S.), Princeton Lightwave (U.S.), and HELLA GmbH (Germany).
The global automotive LIDAR sensors market is majorly being driven by the strengths of LIDAR sensors such as high angular resolution and wide view that is required for proper mid-range detection. The data scanned by the LIDAR is capable of being recorded by the software tools, which can be used for creating a model of vehicles surrounding. Also, the LIDAR sensors serve as a perfect connection between close ranges and far range sensor systems.
This study provides an overview of the global automotive LIDAR sensors market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive LIDAR Sensors Market by application type, by image type, by placement, by end-market and by regions.
Market Segmentation:
The global automotive LIDAR sensors market has been segmented on the basis of application type, image type, placement, end market and region. On the basis of end market, the market has been segmented as OEM and aftermarket. Amongst them, the OEM segment is expected to dominate the global market by end market, in 2016, in terms of market revenue. The growth of OEM has been attributed to factors such as advancement in technology and launch of new advanced LIDAR sensors.
Geographic Analysis:
Region wise, the global automotive LIDAR sensors market has been segmented as North America, Europe, Asia Pacific and Rest of the World. Europe has accounted for the largest market share, in 2016, followed by Asia Pacific. The Europe region is a hub for a large number of automotive manufacturing companies. The automobile companies are integrating LIDAR sensors in the advanced driver assistance system, thereby driving the growth of the market in the region. Furthermore, North America region is expected to experience growth in the automotive LIDAR sensors market with the increased emphasis on artificial intelligence based products. Asia Pacific region is expected to grow tremendously in the global automotive LIDAR sensors market due to the presence of countries such as Japan. Such countries are well known for their technological innovations in developing LIDAR sensor technology and the effective integration of artificial intelligence in electric vehicles.
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Target Audience of Report:
This report mainly focuses on LiDAR Sensors Automotive market Manufacturers, Distributer & Supplier companies, and end Users. Investment bankers and consultants with end user for LiDAR Sensors Automotive market also analyzed. And finally Government and Independent Regulatory Authorities involved with Global LiDAR Sensors automotive market studied.
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