Global LiDAR for Automotive and Industrial Market Growth 2024-2030

Global LiDAR for Automotive and Industrial Market Growth 2024-2030

Product Code:867741

Published Date: Mar 06,2024

Pages: 180

Region: Global

Category: Automobile & Transportation

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Lidar is a product of the combination of laser technology and radar technology. It is composed of transmitters, antennas, receivers, tracking frames and information processing. It can measure target position (distance and angle), movement status (speed, vibration, and attitude) And the shape has become one of the necessary devices for advanced assisted driving and intelligent driving. It is used in the automotive industry or other ground motor vehicles, rail transit, and radar in the surveying and mapping industry.

The global LiDAR for Automotive and Industrial market size is projected to grow from US$ 2811 million in 2024 to US$ 12450 million in 2030; it is expected to grow at a CAGR of 28.2% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “LiDAR for Automotive and Industrial Industry Forecast” looks at past sales and reviews total world LiDAR for Automotive and Industrial sales in 2023, providing a comprehensive analysis by region and market sector of projected LiDAR for Automotive and Industrial sales for 2024 through 2030. With LiDAR for Automotive and Industrial sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LiDAR for Automotive and Industrial industry.

This Insight Report provides a comprehensive analysis of the global LiDAR for Automotive and Industrial landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LiDAR for Automotive and Industrial portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LiDAR for Automotive and Industrial market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LiDAR for Automotive and Industrial and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LiDAR for Automotive and Industrial.

The core manufacturers of global LiDAR for Automotive and Industrial include Valeo, Hesai Technology, Innovusion, Sick AG, Continental and Hexagon AB, etc. The top five manufacturers account for approximately 49% of the global share. Hesai Technology is the world's largest manufacturer of automotive and industrial lidar, with approximately 20% market share.

In terms of product type, mechanical lidar occupies a dominant position, accounting for 79%. At the same time, in terms of applications, passenger vehicle is the largest application field, accounting for 63%.

This report presents a comprehensive overview, market shares, and growth opportunities of LiDAR for Automotive and Industrial market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Mechanical LiDAR
    Solid-state LiDAR

Segmentation by Application:
    Commercial Vehicle
    Passenger Vehicle
    Robotics
    Smart Infrastructure
    Rail
    Construction, Mining & Agriculture

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Valeo
    Hesai Technology
    Innovusion
    Sick AG
    Continental
    Hexagon AB
    RoboSense
    Ouster (Velodyne)
    Trimble
    Luminar Technologies
    Innoviz
    VanJee Technology
    Cepton
    Leishen Intelligent System
    LeddarTech
    Quanergy
    AEVA
    SureStar
    Ibeo (MicroVision)
    Benewake
    Livox
    Pepperl+Fuchs
    Huawei
    HOKUYO AUTOMATIC
    HANGZHOU OLE-SYSTEMS
    Jining KeLi Photoelectronic Industrial
    Shanghai Siminics
    Beijing Leimou
    Ningbo Osight Photoelectric Technology
    Shandong Free-Optic Technology

Key Questions Addressed in this Report
What is the 10-year outlook for the global LiDAR for Automotive and Industrial market?
What factors are driving LiDAR for Automotive and Industrial market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LiDAR for Automotive and Industrial market opportunities vary by end market size?
How does LiDAR for Automotive and Industrial break out by Type, by Application?