Worldwide Automotive LiDAR Market (2018-2028): Focus on Application Type, Technology Type and Technology Level - Projected to Grow at a CAGR of 29.6%
DUBLIN, Dec 12, 2018 /PRNewswire/ --
The "Global Automotive LiDAR Market: Focus on Application Type, Technology Type, Technology Level, Country Analysis, Industry Insights, Patent Landscape, Regulation Landscape, and Competitive Landscape- Analysis and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering.
The global automotive LiDAR market is anticipated to grow at a CAGR of 29.6% during the forecast period 2018-2028.
The global automotive industry is experiencing a huge surge of technological advancements and evolution since its origin in the nineteenth century.
Many prospects for growth in the market are being created due to the convergence of various emerging technologies in the industries within the automotive ecosystem such as driverless vehicles, advanced vehicle sensors, and connected vehicle technologies, among others.
This has now led to the advent of Advanced Driver Assist Systems (ADAS) for automobiles. ADAS is expected to pave its way through semi-autonomous vehicles and ultimately, towards fully-automated vehicles.
There has been a growing number of vehicle-related on-road fatalities because of the increasing number of vehicles on the road, and such incidents are bound to increase in the coming years. Perceiving this lack of safety in vehicles and driving process, there is a massive demand for ADAS features and functionalities in a vehicle in the current automotive market.
However, ADAS and driverless vehicles work on the input provided by automated systems, therefore, necessitating the need for more accurate and dense data provided to the system. Cameras/RADARs/ultrasonic sensors are unable to meet these sensing requirements due to various operational limitations of these sensors, which in effect, raises the need for the usage of Light Detection and Ranging (LiDARs) for a higher level of automation.
The high growth rate in the volume of LiDARs is predicted due to rising customer demand, extensive usage of LiDARs in high-level automated vehicles, and an anticipated decline in manufacturing prices of LiDARs after the commencement of mass production.
It has been observed that the automotive LiDAR industry is experiencing rapid growth.
The global automotive LiDAR market is driven due to various factors influencing the market such as the increasing adoption of autonomous vehicles by automotive OEMs, the growing safety concerns in the automotive ecosystem, and the high investments in the recent years by various investors and companies. The eventual increase in acceptance by OEMs for using LiDARs in autonomous vehicles is expected to facilitate a higher growth rate for the automotive LiDAR market.
There are also various challenges which currently hinder the growth of the LiDAR market such as high prices of automotive LiDARs, and the complex design and development of LiDAR safety systems among others.
At the same time, automotive LiDAR market, being at early stage, provides several opportunities for both LiDAR and semiconductor chip manufacturers for further growth and innovation such as the prospect of being an early market-entrant and a market leader in the automotive-grade LiDAR segment, which is yet to be fully explored by many LiDAR companies, among others.
Key Topics Covered
Executive Summary
1 Market Dynamics
1.1 Market Drivers
1.1.1 Increasing Adoption of LiDARs in Automobiles
1.1.2 Superior Performance of LiDARs as Compared to Other Sensors
1.1.3 Growing Demand for Miniaturized Micro-Electro-Mechanical Systems (MEMS) Sensors
1.1.4 Increasing Adoption of Autonomous Vehicles by Automotive OEMs
1.1.5 Growing Safety Concern in the Automotive Ecosystem
1.1.6 High Investment in Autonomous Vehicles and Automotive LiDAR Space
1.2 Market Challenges
1.2.1 High Price of Automotive LiDAR
1.2.2 Inaccurate Outputs in Adverse Weather Conditions
1.2.3 Complex Design and Development of LiDAR Safety Systems
1.3 Market Opportunities
1.3.1 Scope of Multiple LiDAR Fitment Across All Levels of Automation to Create Vast Demand
1.3.2 Growing Market Share for Solid State LiDAR to Create Greater Opportunities for Players in its Ecosystem
1.3.3 Scope to Develop Tailor-Made Products by Partnering with Semiconductor Manufacturers
1.3.4 High Potential for Technical Innovation with Cost Reduction in Mind
1.3.5 Scope of Attaining Edge by Mass Production of LiDAR
2 Competitive Landscape
2.1 Introduction
2.1.1 Mergers and Acquisitions
2.1.2 Partnerships and Collaborations
2.1.3 Product Launch
2.1.4 Business Expansions
2.1.5 Others (Events & Recognitions)
2.2 Product Pricing Analysis
2.3 Supply Chain Analysis
2.4 Market Share Analysis
2.5 Competitive Rivalry
3 Patent Analysis
3.1 Introduction
3.1.1 Optical Phased Array LiDAR System and Methods of Usage
3.1.2 Omnidirectional LiDAR System
3.1.3 System and Method for Traffic Side Detection and Characterization
3.1.4 High Definition LiDAR System
3.1.5 Method for Localizing a Vehicle Equipped with Two LiDAR Systems
3.1.6 Vehicle LiDAR System
3.1.7 Vertical Alignment of a LiDAR Sensor
3.1.8 Detection and Ranging Methods and Systems
3.1.9 Low Cost Small Size LiDAR for Automotive
3.1.10 Roll Stability Control System for an Automotive Vehicle Using an External Environmental Sensing System
3.1.11 LiDAR System Utilizing SOI-Based Opto-Electronic Compounds
3.1.12 LiDAR System Comprising a Single-Photon Detector
3.1.13 Traffic Scanning LIDAR
3.1.14 First Warning System for Automotive Vehicles
3.1.15 Automatic Driving Route Planning Application
3.1.16 Driver Assistance System for Displaying Surroundings of a Vehicle
3.2 Patent Landscape
4 Regulations
4.1 Overview
4.2 Policy Recommendation for Autonomous Vehicle Regulation
4.3 Autonomous LiDAR and Laser Safety
5 Technological Overview
5.1 Autonomous Vehicles
5.2 Sensors in Autonomous Vehicles
5.2.1 Ultrasonic Sensors
5.2.2 Camera and Image Sensors
5.2.3 Radar Sensors
5.2.4 LiDAR Sensors
5.3 LiDAR Categories
5.4 LiDAR Subcomponents
5.5 Future Trends and Developments in LiDAR Technologies
5.5.1 Frequency Modulated Continuous Wave LiDAR
5.5.2 128 Laser LiDAR
5.5.3 4D Video LiDAR Technology
5.5.4 iDAR
5.5.5 Image Grade LiDAR
5.6 Autonomous Vehicle Technology Trend
6 Global Automotive LiDAR Market Analysis and Forecast ($Million & Million Units)
6.1 Assumptions & Limitations for Market Size Calculations
6.2 Technology Road Map
6.3 Market Overview
7 Global Automotive LiDAR Market by Application ($Million & Million Units)
7.1 LiDARs for Robo-Taxis
7.2 LiDARs for ADAS and Autonomous Vehicles
8 Global Automotive LiDAR Market by LiDAR Type ($Million)
8.1 Mechanical Automotive LiDAR
8.2 Solid State Automotive LiDAR
9 Global Automotive LiDAR Market by Technology Level ($Million)
9.1 Level 2 (Partial Automation)
9.2 Level 3 (Conditional Automation)
9.3 Level 4 (High Automation)
9.4 Level 5 (Full Automation)
10 Global Automotive LiDAR Vehicle Market by Geography ($Million)
10.1 North America
10.1.1 The U.S
10.1.2 Canada
10.2 Europe
10.2.1 Germany
10.2.2 The U.K.
10.2.3 France
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 South Korea
10.4 Rest of the World (RoW)
11 Company Profiles
11.1 Benewake Co., Ltd.
11.2 Continental AG
11.3 Garmin Ltd.
11.4 GeoDigital International Inc.
11.5 Infineon Technologies AG
11.6 IBEO Automotive Systems GmBH
11.7 Innoviz Technologies
11.8 LeddarTech
11.9 Osram Licht AG
11.10 Phantom Intelligence Inc.
11.11 Princeton Lightwave Inc.
11.12 Quanergy Systems, Inc. Inc.
11.13 Sensata Technologies, Inc.
11.14 SensL Technologies Ltd.
11.15 TriLumina, Corp.
11.16 Velodyne LiDAR, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/f5b5tb/worldwide?w=5
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article