Automotive LIDAR Sensors Market 2018 Global Size, Trends, And Leading Players Analysis: Delphi Automotive, Continental, ZF Friedrichshafen, Infineon Technologies, Velodyne LiDAR, Texas Instruments Incorporated, First Sensor, Robert Bosch, Ibeo Automotive,

Automotive LIDAR Sensors Market 2018 - Forecast to 2023 is latest research report on Automotive LIDAR Sensors Industry published by “’Market Research Future””. Report provides Global Automotive LIDAR Sensors Market Size, Share, Growth, Key Players, And Regional Analysis with Forecast To 2023.  Global Automotive LIDAR Sensors Market to Grow At 25% CAGR by 2023.

Report analyzes Automotive LIDAR Sensors Market Information by 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.

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Automotive LIDAR Sensors Global Market Key Company Analyzed Are: 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).

Automotive LIDAR Sensors Global Market Highlights:

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.

Mechanical LIDAR sensors have been extensively used by the automotive manufacturers due to its implementation of testing the automated vehicle prototype. These create challenges for the manufacturers during integration of automotive given their fragile, bulky and expensive nature.

The increase in number of automated vehicles and the decrease in the manufacturing cost of the LIDAR sensors, will immensely contribute in the growth of the market. Increase in the manufacturing and adoption of connected cars in the developed economies, is further expected to generate huge opportunities for the growth of the automotive LIDAR sensors market. However, the growth of this market might be restrained by the huge cost associated with the use of expensive components such as navigation systems, laser scanners and high-resolution 3D camera systems.  

The key players in the global automotive LIDAR sensors market are adopting mergers and acquisitions, as key strategic developments. For Instance, in October 2016, Infineon Technologies AG acquired Dutch electronics company Involucel BV, a designer of miniature “lidar” laser-scanning modules. This will help them in developing affordable sensor systems for driverless cars.

Market by Segmentation:

The global automotive LIDAR sensors market has been segmented based on application type, image type, placement, end market and region. Based on 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.

Market by Region:

Geographically, the global automotive LIDAR sensors market has been divided into four major regions of North America, Europe, Asia Pacific and Rest of the World. Amongst these, Europe region is expected to dominate the global market owing to the existence of many OEMs and LIDAR manufacturers in the region. The major players in the Europe market are taking initiatives to geographically expand their presence by entering into partnerships and collaborations with both, global and regional players.

Major Table Of Contents:

Table 1 Global Automotive LIDAR Sensors Market: By Region, 2017-2023

Table 2 North America Automotive LIDAR Sensors Market: By Country, 2017-2023

Table 3 Europe Automotive LIDAR Sensors Market: By Country, 2017-2023

Table 4 Asia Pacific Automotive LIDAR Sensors Market: By Country, 2017-2023

Table 5 RoW Automotive LIDAR Sensors Market: By Country, 2017-2023

Table 6 Global Automotive LIDAR Sensors Market, By Type, By Regions, 2017-2023

Continued...

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