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 –

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Technavio has announced its latest market research report titled Global Automotive Lidar Sensors Market 2023-2027
Technavio has announced its latest market research report titled Global Automotive Lidar Sensors Market 2023-2027

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)

To understand more about the automotive LiDAR sensors market, request a sample
report

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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Automotive Lidar Sensors Market Scope

Report Coverage

Details

Page number

164

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 16.79%

Market growth 2023-2027

USD 408.48 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.34

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 30%

Key countries

US, Canada, China, Japan, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

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

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio “Consumer Discretionary” Research Reports

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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