Automotive LiDAR Market Revenue Growth, New Launches, Regional Share Analysis & Forecast Till 2027
- chhaya chavan
- Jul 4, 2023
- 3 min read
The global Automotive LiDAR Market is expected to reach USD 1,092.5 Million by 2027, according to a new report by Emergen Research. An increase in the research and development activities in the autonomous vehicle has propelled the demand for the market. The market for autonomous vehicles is continuously evolving to meet the requirement of the customers by collaborating with tech giants. Advancement in technology and awareness regarding Light Detection and Ranging for vehicle safety will create a demand for the product.
The latest report is furnished with a detailed examination of the Automotive LiDAR market and the global economic landscape ravaged by the ongoing COVID-19 pandemic. The global market is expected to grow as a result of factors such as a growing risk of data leakage, an increasing use of advanced technologies like artificial intelligence (AI), the Internet of Things, and cloud services to manage large amounts of data, as well as a growing investment in research and development activities for developing advanced devices and solutions.
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Key Players operating in the industry are:
Delphi Automotive PLC, ZF Friedrichshafen AG, Velodyne LiDAR, Inc., First Sensor AG, Continental AG, Infineon Technologies AG, Texas Instruments Incorporated, Quanergy System Inc., Leddartech Inc., Innoviz Technologies Ltd.
Radical Features of the Automotive LiDAR Market Report:
The report encompasses Automotive LiDAR market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Automotive LiDAR industry
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Segmentation:
Image Type Outlook (Revenue, USD Billion; 2017-2027)
2D Image Type
3D-Image Type
Technology Outlook (Revenue, USD Billion; 2017-2027)
Solid-State LiDAR
Mechanical/Scanning LiDAR
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
ICE
HEV
PHEV
Battery Electric
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/automotive-lidar-market
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