Automotive LiDAR Market 2021 Booming Strategies with Upcoming Trends, Segmentation and Top Companies - Leosphere SaS, 3D Laser Mapping Inc., Faro Technologies Inc., Mira Solutions Inc, Aerometric Inc.
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Scope of The Report:
Automotive LiDAR system employs pulsed laser light to calculate the distance between two cars by illuminating the desired target and calculating the refracted pulses with a sensor. Automotive system use LiDAR to automatically control braking systems and vehicle speed in response to abrupt alterations in traffic conditions. Previously, sonar & radar systems were employed in the automotive sector; on the other hand, automotive LiDAR have restored them in automated systems. This is to achieve the data needs, due to rise in the amount of automation in cars and advantages such as capturing of real-time data and higher accuracy.
Automotive LiDAR Companies:
The major players included in the global automotive LiDAR market forecast are,
• Leosphere SaS
• Airborne Hydrography AB
• 3D Laser Mapping Inc.
• Faro Technologies Inc.
• Mira Solutions Inc
• Aerometric Inc.
• Quanergy Systems, Inc.
• Optech Inc. (Teledyne Technologies)
• Leica Geosystems Inc.
• IBEO Automotive Systems GmbH.
Automotive LiDAR Market Key Segments:
By Application Type:
• Advanced Driver Assistance System (ADAS)
• Automatic Emergency Breaking (AEB)
• Adaptive Cruise Control (ACC)
• Autonomous Cars
By Product Type:
By Component Type:
• Inertial Navigation System,
• Camera and GPS/GNSS Receiver
• Micro Electro Mechanical System
The US Led The Global Automotive LiDAR Market In Terms Of Value Since The Area Had A Huge Share In The Global Automotive LiDAR Market
The requirement for automotive LiDAR differs as per different geographical areas. The automotive LiDAR market has a prominent share in different nations of Europe, Asia Pacific, North America, and Rest-of-the-World (RoW). Regionally, US led the global automotive LiDAR market in terms of value since the area had a huge share in the global automotive LiDAR market.
The attendance of major automakers and LiDAR manufacturers such as General Motors, Ford Motors Company, Quanergy Systems, and Velodyne LiDAR, Inc., among others, as well as developments in the number of highly automated cars adds up accounts for the high development rate and major share of the US in the automotive LiDAR market.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
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