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Solid-State LiDAR Market Size Expected to Reach $4441.5 Million by 2027 - Valuates Reports

10-08-2021 02:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Solid-State LiDAR Market Size Expected to Reach $4441.5 Million

In 2020, the global Solid-State LiDAR market size was US$ 2176.8 million and it is expected to reach US$ 4441.5 million by the end of 2027, with a Compound Annual Growth Rate (CAGR) of 28.5% during 2021-2027. Solid-state LiDAR is gaining traction as a promising technology that is cheaper, faster, and provides higher resolution than traditional LiDAR, with predictions that its price range could eventually hundreds of dollars per unit.

Inquire for Sample Report: https://reports.valuates.com/request/sample/QYRE-Auto-3C471/Global_Solid_State_LiDAR_Market

Europe is the largest market with about 49% market share. USA is follower, accounting for about 27% market share.

The key players are Velodyne, Quanergy, LeddarTech, ABAX Sensing, Ibeo, Trilumina, Innoviz, Strobe, Aeye, Luminar, Continental AG, Xenomatix, Imec, Robosense, Genius Pro, Benewake, Hesai etc.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-3C471/global-solid-state-lidar

Global Solid-State LiDAR Scope and Market Size

Solid-State LiDAR market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Solid-State LiDAR market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Solid-State LiDAR market is segmented into

o MEMS Based Scanning
o Phase Array
o Non-Scanning Flash

Segment by Application, the Solid-State LiDAR market is segmented into

o Automotive
o Industrial
o Security

The major companies include:

o Velodyne
o Quanergy
o LeddarTech
o ABAX Sensing
o Ibeo
o Trilumina
o Innoviz
o Strobe
o Aeye
o Luminar
o Continental AG
o Xenomatix
o Imec
o Robosense
o Genius Pro
o Benewake
o Hesai

Similar Reports :

LiDAR Market: https://reports.valuates.com/market-reports/ALLI-Manu-4A11/lidar

Drone Logistics and Transportation Market: https://reports.valuates.com/market-reports/QYRE-Auto-32R1184/global-drone-transportation-and-logistics

Same Day Delivery Market: https://reports.valuates.com/market-reports/QYRE-Auto-18U764/global-same-day-delivery

IoT Platforms Market: https://reports.valuates.com/market-reports/QYRE-Othe-1D215/global-iot-platforms

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