NEW YORK, May 31, 2021 /PRNewswire/ --
The automotive LiDAR sensors market is set to grow by USD 318.57 million, progressing at a CAGR of almost 17% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Continental AG, Denso Corp., Hella GmbH & Co. KGaA, Infineon Technologies AG, LeddarTech Inc., Neptec Technologies Corp., Quanergy Systems Inc., Valeo SA, Velodyne LiDAR Inc., and ZF Friedrichshafen AG are some of the major market participants. Factors such as the rapid developments in autonomous vehicle technology, the key role of LiDAR sensors in ADAS, and the development of more versatile solid-state LiDAR sensors will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Automotive LiDAR Sensors Market 2021-2025: Segmentation
Automotive LiDAR Sensors Market is segmented as below:
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Automotive LiDAR Sensors Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the automotive LiDAR sensors market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Continental AG, Denso Corp., Hella GmbH & Co. KGaA, Infineon Technologies AG, LeddarTech Inc., Neptec Technologies Corp., Quanergy Systems Inc., Valeo SA, Velodyne LiDAR Inc., and ZF Friedrichshafen AG.
The report also covers the following areas:
Rapid developments in autonomous vehicle technology are likely to emerge as one of the primary drivers of the market. However, the high cost of automotive LiDAR sensors may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research reports on the automotive LiDAR sensors market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Automotive LiDAR Sensors Market 2021-2025: Key Highlights
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Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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