Automotive LiDAR sensors market to grow by 16.34% Y-O-Y from 2022 to 2023: Rapid developments in autonomous vehicle technology will drive growth - Technavio

NEW YORK , Dec. 15, 2022 /PRNewswire/ -- Automotive LiDAR sensors market insights -

• Vendors: 15+, Including Benewake Beijing Co. Ltd, Cepton Inc., Continental AG, Denso Corp., First Sensor AG, HELLA GmbH & Co. KGaA, Ibeo Automotive Systems GmbH, Infineon Technologies AG, Innoviz Technologies Ltd., LeddarTech Inc., Leishen Intelligent Systems Co. Ltd., Lumibird Canada, Luminar Technologies Inc., Ouster Inc., Quanergy Systems Inc., TetraVue Inc., Valeo SA, Velodyne LiDAR Inc., and ZF Friedrichshafen AG among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Application (ADAS and autonomous vehicle), technology (solid-state and electromechanical), and geography (North America, Europe, APAC, Middle East and Africa, and South America)

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In 2017, the automotive LiDAR sensors market was valued at USD 105.75 million. From a regional perspective, North America held the largest market share, valued at USD 63.16 million. The automotive LiDAR sensors market size is estimated to grow by USD 408.48 million from 2022 to 2027 at a CAGR of 16.79% according to Technavio.

Automotive LiDAR sensors market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Global automotive LiDAR sensors market - Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including -

• Continental AG: The company offers automotive LiDAR sensors such as HRL131 Long Range LiDAR.
• Denso Corp.: The company offers automotive LiDAR sensors such as Frequency Modulated Continuous Wave LiDAR.
• First Sensor AG: The company offers automotive LiDAR sensors such as E Mobility Sensors for Industrial and Commercial Transportation.

Global automotive LiDAR sensors market – Market dynamics

Major drivers:

• Rapid developments in autonomous vehicle technology
• A key role of LiDAR sensors in ADAS
• Development of more versatile solid-state LiDAR sensors

KEY challenges:

• High cost of automotive LiDAR sensors
• System reliability and uncertainty in user acceptance of autonomous vehicles
• Limitations for automotive LiDAR sensors

Drivers and challenges have an impact on market dynamics, which can impact
businesses. Find some insights from a sample report!

The automotive LiDAR sensors market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this automotive LiDAR sensors market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the automotive LiDAR sensors market between 2023 and 2027
• Precise estimation of the size of the automotive LiDAR sensors market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the automotive LiDAR sensors market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of automotive LiDAR sensors market vendors

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Table of Contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive LiDAR sensors market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global automotive LiDAR sensors market 2017 - 2021 ($ million)

• 4.2 Applicaton Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Applicaton Segment 2017 - 2021 ($ million)

• 4.3 Technology Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 ADAS - Market size and forecast 2022-2027
• Exhibit 34: Chart on ADAS - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on ADAS - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on ADAS - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on ADAS - Year-over-year growth 2022-2027 (%)

• 6.4 Autonomous vehicle - Market size and forecast 2022-2027
• Exhibit 38: Chart on Autonomous vehicle - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Autonomous vehicle - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Autonomous vehicle - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Autonomous vehicle - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ million)

7 Market Segmentation by Technology

• 7.1 Market segments 
• Exhibit 43: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Technology - Market share 2022-2027 (%)

• 7.2 Comparison by Technology 
• Exhibit 45: Chart on Comparison by Technology
• Exhibit 46: Data Table on Comparison by Technology

• 7.3 Solid-state - Market size and forecast 2022-2027
• Exhibit 47: Chart on Solid-state - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Solid-state - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Solid-state - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Solid-state - Year-over-year growth 2022-2027 (%)

• 7.4 Electro mechanical - Market size and forecast 2022-2027
• Exhibit 51: Chart on Electro mechanical - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Electro mechanical - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Electro mechanical - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Electro mechanical - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Technology 
• Exhibit 55: Market opportunity by Technology ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 India - Market size and forecast 2022-2027
• Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.14 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Benewake Beijing Co. Ltd 
• Exhibit 112: Benewake Beijing Co. Ltd - Overview
• Exhibit 113: Benewake Beijing Co. Ltd - Product / Service
• Exhibit 114: Benewake Beijing Co. Ltd - Key offerings

• 12.4 Cepton Inc. 
• Exhibit 115: Cepton Inc. - Overview
• Exhibit 116: Cepton Inc. - Product / Service
• Exhibit 117: Cepton Inc. - Key offerings

• 12.5 Continental AG 
• Exhibit 118: Continental AG - Overview
• Exhibit 119: Continental AG - Business segments
• Exhibit 120: Continental AG - Key offerings
• Exhibit 121: Continental AG - Segment focus

• 12.6 Denso Corp. 
• Exhibit 122: Denso Corp. - Overview
• Exhibit 123: Denso Corp. - Business segments
• Exhibit 124: Denso Corp. - Key news
• Exhibit 125: Denso Corp. - Key offerings
• Exhibit 126: Denso Corp. - Segment focus

• 12.7 First Sensor AG 
• Exhibit 127: First Sensor AG - Overview
• Exhibit 128: First Sensor AG - Product / Service
• Exhibit 129: First Sensor AG - Key offerings

• 12.8 HELLA GmbH Co. KGaA 
• Exhibit 130: HELLA GmbH Co. KGaA - Overview
• Exhibit 131: HELLA GmbH Co. KGaA - Business segments
• Exhibit 132: HELLA GmbH Co. KGaA - Key offerings
• Exhibit 133: HELLA GmbH Co. KGaA - Segment focus

• 12.9 Ibeo Automotive Systems GmbH 
• Exhibit 134: Ibeo Automotive Systems GmbH - Overview
• Exhibit 135: Ibeo Automotive Systems GmbH - Product / Service
• Exhibit 136: Ibeo Automotive Systems GmbH - Key offerings

• 12.10 Infineon Technologies AG 
• Exhibit 137: Infineon Technologies AG - Overview
• Exhibit 138: Infineon Technologies AG - Business segments
• Exhibit 139: Infineon Technologies AG - Key news
• Exhibit 140: Infineon Technologies AG - Key offerings
• Exhibit 141: Infineon Technologies AG - Segment focus

• 12.11 Innoviz Technologies Ltd. 
• Exhibit 142: Innoviz Technologies Ltd. - Overview
• Exhibit 143: Innoviz Technologies Ltd. - Business segments
• Exhibit 144: Innoviz Technologies Ltd. - Key offerings
• Exhibit 145: Innoviz Technologies Ltd. - Segment focus

• 12.12 LeddarTech Inc. 
• Exhibit 146: LeddarTech Inc. - Overview
• Exhibit 147: LeddarTech Inc. - Product / Service
• Exhibit 148: LeddarTech Inc. - Key offerings

• 12.13 Leishen Intelligent Systems Co. Ltd. 
• Exhibit 149: Leishen Intelligent Systems Co. Ltd. - Overview
• Exhibit 150: Leishen Intelligent Systems Co. Ltd. - Product / Service
• Exhibit 151: Leishen Intelligent Systems Co. Ltd. - Key offerings

• 12.14 Lumibird Canada 
• Exhibit 152: Lumibird Canada - Overview
• Exhibit 153: Lumibird Canada - Product / Service
• Exhibit 154: Lumibird Canada - Key offerings

• 12.15 Luminar Technologies Inc. 
• Exhibit 155: Luminar Technologies Inc. - Overview
• Exhibit 156: Luminar Technologies Inc. - Business segments
• Exhibit 157: Luminar Technologies Inc. - Key offerings
• Exhibit 158: Luminar Technologies Inc. - Segment focus

• 12.16 Ouster Inc. 
• Exhibit 159: Ouster Inc. - Overview
• Exhibit 160: Ouster Inc. - Product / Service
• Exhibit 161: Ouster Inc. - Key offerings

• 12.17 Quanergy Systems Inc. 
• Exhibit 162: Quanergy Systems Inc. - Overview
• Exhibit 163: Quanergy Systems Inc. - Business segments
• Exhibit 164: Quanergy Systems Inc. - Key offerings
• Exhibit 165: Quanergy Systems Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 166: Inclusions checklist
• Exhibit 167: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 168: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 169: Research methodology
• Exhibit 170: Validation techniques employed for market sizing
• Exhibit 171: Information sources

• 13.5 List of abbreviations 
• Exhibit 172: List of abbreviations

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