LiDAR Sensor Automotive Market

Executive Summary

LiDAR Sensor Automotive Market was valued at US $514.88 million in 2021 and is projected to grow at 19.74% CAGR over the forecast period to reach US $1,517.46 million by 2027. LiDAR Sensor Automotive Market represented US $155.76 million opportunity over 2019-2021 and estimated to create US $1,002.59 million opportunity in 2027 over 2021.

LiDAR Sensor Automotive from Consainsights analyses the LiDAR Sensor Automotive Market in the Technology & Media industry over the forecast period to 2027.

LiDAR Sensor Automotive research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

LiDAR Sensor Automotive segmentation includes Application, Technology, Image Type, Location and Geography.

Based on the Application, the LiDAR Sensor Automotive analysis covers Semi-autonomous Vehicle, Autonomous Vehicle.

In Application segment, Semi-autonomous Vehicle segment has highest cagr growth of 17.37%.

Based on the Technology, the LiDAR Sensor Automotive analysis covers Solid-state Lidar, Mechanical /Scanning Lidar.

In Technology segment, Solid-state Lidar segment has highest cagr growth of 17.37%.

Based on the Image Type, the LiDAR Sensor Automotive analysis covers 2 Dimensional: Lidar Sensor Automotive Market, By Region, 3 Dimensional: Lidar Sensor Automotive Market, By Region.

In Image Type segment, 2 Dimensional: Lidar Sensor Automotive Market, By Region segment has highest cagr growth of 17.37%.

Based on the Location, the LiDAR Sensor Automotive analysis covers Bumper & Grill, Headlight & Taillight, Roofs & Upper Pillars, Others (Windscreen, Rear View Mirrors, Etc).

In Location segment, Bumper & Grill segment has highest cagr growth of 17.37%.

Based on the region, the LiDAR Sensor Automotive analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Delphi Automotive Plc, Continental Ag, Zf Friedrichshafen Ag, Infineon Technologies Ag, Velodyne Lidar, Inc, Texas Instruments Incorporated, First Sensor Ag and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Application

Introduction

In 2021, Semi-autonomous Vehicle segment has the highest revenue of US $238.40 million and is expected to grow at CAGR of 17.37% by 2027 Semi-autonomous Vehicle segment has highest cagr growth of 17.37%.

Semi-autonomous Vehicle

Semi-autonomous Vehicle segment was valued at US $166.27 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $702.61 million by 2027. Semi-autonomous Vehicle segment represented US $72.12 million opportunity over 2019-2021 and estimated to create US $464.21 million opportunity in 2027 over 2021.

Autonomous Vehicle

Autonomous Vehicle segment was valued at US $130.12 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $549.82 million by 2027. Autonomous Vehicle segment represented US $56.44 million opportunity over 2019-2021 and estimated to create US $363.27 million opportunity in 2027 over 2021.

Technology

Introduction

In 2021, Solid-state Lidar segment has the highest revenue of US $257.32 million and is expected to grow at CAGR of 17.37% by 2027 Solid-state Lidar segment has highest cagr growth of 17.37%.

Solid-state Lidar

Solid-state Lidar segment was valued at US $179.47 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $758.37 million by 2027. Solid-state Lidar segment represented US $77.85 million opportunity over 2019-2021 and estimated to create US $501.06 million opportunity in 2027 over 2021.

Mechanical /Scanning Lidar

Mechanical /Scanning Lidar segment was valued at US $103.21 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $436.14 million by 2027. Mechanical /Scanning Lidar segment represented US $44.77 million opportunity over 2019-2021 and estimated to create US $288.16 million opportunity in 2027 over 2021.

Image Type

Introduction

In 2021, 2 Dimensional: Lidar Sensor Automotive Market, By Region segment has the highest revenue of US $218.54 million and is expected to grow at CAGR of 17.37% by 2027 2 Dimensional: Lidar Sensor Automotive Market, By Region segment has highest cagr growth of 17.37%.

2 Dimensional: Lidar Sensor Automotive Market, By Region

2 Dimensional: Lidar Sensor Automotive Market, By Region segment was valued at US $152.43 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $644.10 million by 2027. 2 Dimensional: Lidar Sensor Automotive Market, By Region segment represented US $66.12 million opportunity over 2019-2021 and estimated to create US $425.56 million opportunity in 2027 over 2021.

3 Dimensional: Lidar Sensor Automotive Market, By Region

3 Dimensional: Lidar Sensor Automotive Market, By Region segment was valued at US $102.96 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $435.08 million by 2027. 3 Dimensional: Lidar Sensor Automotive Market, By Region segment represented US $44.66 million opportunity over 2019-2021 and estimated to create US $287.45 million opportunity in 2027 over 2021.

Location

Introduction

In 2021, Bumper & Grill segment has the highest revenue of US $211.09 million and is expected to grow at CAGR of 17.37% by 2027 Bumper & Grill segment has highest cagr growth of 17.37%.

Bumper & Grill

Bumper & Grill segment was valued at US $147.23 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $622.12 million by 2027. Bumper & Grill segment represented US $63.86 million opportunity over 2019-2021 and estimated to create US $411.03 million opportunity in 2027 over 2021.

Headlight & Taillight

Headlight & Taillight segment was valued at US $108.49 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $458.43 million by 2027. Headlight & Taillight segment represented US $47.06 million opportunity over 2019-2021 and estimated to create US $302.88 million opportunity in 2027 over 2021.

Roofs & Upper Pillars

Roofs & Upper Pillars segment was valued at US $48.62 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $205.46 million by 2027. Roofs & Upper Pillars segment represented US $21.09 million opportunity over 2019-2021 and estimated to create US $135.75 million opportunity in 2027 over 2021.

Others (Windscreen, Rear View Mirrors, Etc)

Others (Windscreen, Rear View Mirrors, Etc) segment was valued at US $54.78 million in 2019 and is projected to grow at 17.37% CAGR over the forecast period to reach US $231.46 million by 2027. Others (Windscreen, Rear View Mirrors, Etc) segment represented US $23.76 million opportunity over 2019-2021 and estimated to create US $152.93 million opportunity in 2027 over 2021.