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Growth of Automotive LiDAR Market is Estimated to Grow Incredible CAGR till 2022 | Worldwide leading manufacturers - Continental AG, Benewake, Garmin Ltd, GeoDigital International

01-14-2019 03:47 PM CET | IT, New Media & Software

Press release from: Business Industry Reports

Automotive LiDAR Market

Automotive LiDAR Market

New report on: “Global Automotive LiDAR Market 2019-2022”. The report provides the newest industry data and industry future trends. The report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the overall Automotive LiDAR market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

Download Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/123481 .

The Light Detection and Ranging (LiDAR) is an advance scanning surveying technology that maps vehicle surroundings at the speed of light. LiDAR is the latest development in the automotive industry; an advancement in the predecessors of object detection technology such as RADAR (Radio Detection and Ranging) and ultrasonic. LiDAR determines objects or nearby vehicles by emitting light pulses, which reflected off objects and vehicles and create high-resolution images that provide a more accurate image of the surroundings than cameras or radar alone. Automotive LiDAR is considered as a key technology for completely autonomous vehicles, as it is capable of delivering high-definition 3D projections of the surrounding. Major auto manufacturers are leveraging automotive LiDAR as a precise technology in the race to develop safe and self-driving autonomous vehicles owing to its speed, accuracy, and versatility.          

Major factors such as increase in the number of automated vehicles and decrease in manufacturing cost of LiDAR systems are driving the global automotive LiDAR market. However, lack of awareness about the benefits of LiDAR systems and high cost associated with the use of expensive components in these systems, such as laser scanners, navigation system, and high-resolution 3D cameras systems, hinder the market growth. Conversely, rise in number of autonomous, and connected cars is expected to offer various opportunities for new products in the market and boost the market growth.

Key Players:

1 Continental AG

2 Benewake

3 Garmin Ltd

4 GeoDigital International

5 Infineon Technologies

6 Innoviz Technologies and more.....

Purchase the detailed report with 125 pages and in-depth analysis on “Automotive LiDAR market analysis2019-2022”@ https://www.businessindustryreports.com/buy-now/123481/single .

The report covers the Segments and sub-segments of the Global Automotive LiDAR Market by:

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Mechanical Automotive LiDAR

2 Solid State Automotive LiDAR

Industry Segmentation:

1 Passenger Cars

2 Commercial Vehicles

Key questions answered in the report include:

1 What are the key factors driving the keyword market?

2 What are the key market trends impacting the growth of the global keyword market?

3 What are the challenges to keyword market growth?

4 Who are the key vendors in the global keyword market?

5 What are the market opportunities and threats faced by the vendors in the global keyword market?

6 What are the key outcomes of the five forces analysis of the global keyword market?

Get Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/123481 .

Table of Content:

1 Automotive LiDAR Product Definition

2 Global Automotive LiDAR Manufacturer Share and Market Overview

3 Manufacturer Automotive LiDAR Business Introduction

4 Global Automotive LiDAR Market Segmentation (Region Level)

5 Global Automotive LiDAR Market Segmentation (Product Type Level)

6 Global Automotive LiDAR Market Segmentation (Industry Level)

7 Global Automotive LiDAR Market Segmentation (Channel Level)

8 Automotive LiDAR Market Forecast 2019-2022

9 Automotive LiDAR Segmentation Product Type

10 Automotive LiDAR Segmentation Industry

11 Automotive LiDAR Cost of Production Analysis

12 Conclusion

About us:

BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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