Automotive Lidar Market Top Key Players – Veoneer, Infineon AG, Bosch, Continental, ZF, Velodyne Lidar Inc, Texas Instruments, Inc, LeddarTech Inc, Quanergy Systems Inc, Innoviz Technologies, Mitsubishi Electric

The Global Automotive Lidar market is estimated at $XX Million in 2020, growing at –% CAGR till 2026. The advent of self-driving cars will reshape the entire automotive rider market within 10 years. Solid state lidar is a high-resolution and low-cost solution that is expected to see great growth in the market.

The car is equipped with modern cars with various advanced control and sensing features. Collision warning adaptive headlights and cruise control, lane departure, pedestrian collision warning, blind spot monitor and some other drivers support the function. One outstanding technology that helps to run smoothly is the Lidar sensor built in for all these features.

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AUTOMOTIVE LIDAR MARKET DYNAMICS

• The growth of LiDAR-based systems is primarily based on the rise of applications such as UAVs, engineering, construction applications, and the advent of 4D LiDAR, as well as LiDAR adaptation in Geographic Information Systems (GIS), and regulations for commercial use. Drones are declining and this is the fuel that powers the market.

• It goes without saying that the reliability of the LiDAR sensor is of paramount importance, as the LiDAR is a safe and necessary system for autonomous vehicle technology. The US automotive LiDAR market dominates the global market in 2020 and is expected to maintain its lead position during the forecast period.

• The European Automotive Lidar market is expected to be the fastest growing regional market during the forecast period.

• The Lidar module and sensor fusion make up the majority of the semiconductors in ADAS-equipped vehicles.

AUTOMOTIVE LIDAR MARKET SEGMENTATION

By Geography
• China
• US
• Europe
• India
• Japan
• Latin America
• ROW

By Lidar Type
• Mechanical
• Solid-State
• Microelectromechanical Systems
• Flash Lidars
• Optical Phase Array
• Frequency Modulated Continuous Wave (FMCW)

By Component
• Lasers
• Integrated Circuit
• Optical Elements
• Photodetectors
• Others

By Location
• Bumper & Grille
• Headlight & Taillight
• Roof & Pillars
• Others

By Application
• ADAS
• Autonomous Vehicles
• Robotics & Industrial Applications
• Others

RECENT PRODUCT DEVELOPMENT IN AUTOMOTIVE LIDAR MARKET

• BMW, Mercedes-Benz, China's Xpeng and US-based Lucid Motors will launch vehicles equipped with LiDAR sensors as an optional upgrade to semi-automatic models by the end of 2021.

• Swedish automaker Volvo, in collaboration with Luminar Technologies, has announced the XC90, an all-electric SUV, a LiDAR-based flagship vehicle to be launched in 2022.

• Indian car maker Nissan announced that it has developed a LiDAR platform technology for autonomous driving ProPILOT that will be integrated into 20 models by 2022.

• In 2021, DENSO, a leading mobility supplier, will work with US-based LiDAR and recognition systems company Aeva to develop and launch FMCW (Frequency Modulated Continuous Wave LiDAR).

COMPETITIVE LANDSCAPE

• Leading companies in automotive rider technology include Continental AG (Germany), ZF Friedrichshafen AG (Germany), Infineon Technologies AG (Germany), Velodyne LiDAR, Inc. (USA), Texas Instruments, Inc. (USA) and Leddartech. , Inc. (USA), Quanergy Systems, Inc. (USA) and Innoviz Technologies, Ltd. (Israel).

• California-based startup Quanergy has been appointed by PARIFEX as a dedicated supplier for manufacturing long-range 3DLiDARs for speed detection on highways as of June 2021. The company's Mseries were selected for projects for up to 200m long distances.

COMPANY PROFILES
• Veoneer
• Infineon AG
• Bosch
• Continental
• ZF
• Velodyne Lidar Inc
• Texas Instruments, Inc
• LeddarTech Inc
• Quanergy Systems Inc
• Innoviz Technologies
• Mitsubishi Electric

Read More Information: https://mobilityforesights.com/product/automotive-lidar-market/

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This release was published on openPR.