Press release
Automotive Lidar Market is Anticipated to Reach US$ 3 Billion by 2031
This huge jump is because demand for automotive light detection and ranging (LiDAR) is projected to increase at a stellar CAGR of 19.5% over the next ten years.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=7314
Autonomous vehicles are seeing a hike in demand and increasing advancements in technology have made this a real-world possibility with many vehicle manufacturers investing in the development of such vehicles. These vehicles will completely be driven by sensors and electronics to ensure complete a driverless experience.
LiDAR sensors are crucially important for autonomous vehicles as they are major components of essential systems such as blind-spot monitoring, lane-keep assistance, lane-departure warning, and collision warning.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฅ๐๐๐๐ข๐ง๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Delphi Automotive PLC
โข NXP Semiconductors
โข TetraVue
โข XenomatiX N.V.
โข Luminar Technologies Inc.
โข LeddarTech Inc.
โข Continental AG
โข Robert Bosch GmbH
โข Quanergy Systems Inc.
โข Velodyne LIDAR Inc.
โข Valeo SA
โข HELLA GmbH & Co. KGaA
โข First Sensor AG
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ข๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
โข Solid-state LiDAR
โข Mechanical/Scanning LiDAR
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ข๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐จ๐๐๐ญ๐ข๐จ๐ง :
โข Roofs & Upper Pillars
โข Headlights & Taillights
โข Bumpers & Grills
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ข๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ฆ๐๐ ๐ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐ข๐จ๐ง:
โข 2D Automotive LiDAR
โข 3D Automotive LiDAR
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ข๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐๐ง๐ ๐ ๐๐ฒ๐ฉ๐:
โข Short & Mid-range Automotive LiDAR
โข Long range Automotive LiDAR
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ข๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐:
โข IC Engine Vehicles
โข Hybrid Electric Vehicles (HEVs)
โข Plug-in Hybrid Electric Vehicles (PHEVs)
โข Battery Electric Vehicles (BEVs)
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โข Semi-autonomous
โข Autonomous
๐๐ก๐๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ & ๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ- https://www.factmr.com/connectus/sample?flag=RC&rep_id=7314
Solid-state light detection and ranging technology has emerged as a popular choice in multiple automotive applications due to its smaller form factor and cost-effective nature as compared to traditional LiDAR. Hence, solid-state LiDAR is more preferred than flash LiDAR.
Automotive LiDAR product suppliers such as The Home Depot, Ace Hardware, and Menards is also expected to drive growth in the country over the years to come.
Increasing investments in the automotive industry and supportive government initiatives will further bolster automotive LiDAR demand in China over the years to come.
Automotive LiDAR system providers are focusing on partnerships and collaborations to increase their business scope in China and maximize revenue generation capacity through the forecast period.
๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ: https://www.factmr.com/checkout/7314
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข North America (U.S. and Canada)
โข Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe)
โข Asia Pacific (China, Japan, India, Indonesia, and Rest of Asia Pacific)
โข Latin America (Brazil, Mexico, and Rest of Latin America)
โข Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ข๐ฌ๐ค๐ฌ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The global Automotive LiDAR market is characterized by several leading factors, with each factor playing a crucial role in the growth of the industry. The growing demand for products coupled with easy availability of the same has helped the industry flourish across the globe.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐ ๐๐๐ญ.๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก: https://www.globenewswire.com/en/news-release/2022/09/22/2521071/0/en/Aerospace-Filter-Industry-to-Surpass-US-2-964-49-Million-by-2032-Military-Aviation-to-Possess-48-Market-Share-Fact-MR-Report.html
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