Automotive LiDAR Market Forecast Report | Global Analysis, Statistics And Revenue Research Report by 2027

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The advancement in automotive technology and the increase in automotive safety regulations are driving the demand for the market. Market Size – USD 166.4 Million in 2019, Market Growth - CAGR of 27.8%, Market trends

The Global Automotive LiDAR Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

The global Automotive LiDAR Market is expected to reach USD 1,092.5 Million by 2027, according to a new report by Emergen Research. An increase in the research and development activities in the autonomous vehicle has propelled the demand for the market. The market for autonomous vehicles is continuously evolving to meet the requirement of the customers by collaborating with tech giants. Advancement in technology and awareness regarding Light Detection and Ranging for vehicle safety will create a demand for the product.

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Key insights presented in the report:

  • Market revenue shares by major business players, by type, by application, and market scope of global Automotive LiDAR market
  • Sales revenue by key players and new entrants
  • Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to provide insight into recent trends and opportunities

The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others.

The report also discusses key players involved in the market, such as Delphi Automotive PLC, ZF Friedrichshafen AG, Velodyne LiDAR, Inc., First Sensor AG, Continental AG, Infineon Technologies AG, Texas Instruments Incorporated, Quanergy System Inc., Leddartech Inc., Innoviz Technologies Ltd. as well as new entrants in the market.

Based on the product type, the Automotive LiDAR market is segmented into:

  • Image Type Outlook (Revenue, USD Billion; 2017-2027)

    • 2D Image Type
    • 3D-Image Type
  • Technology Outlook (Revenue, USD Billion; 2017-2027)

    • Solid-State LiDAR
    • Mechanical/Scanning LiDAR
  • Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)

    • ICE
    • HEV
    • PHEV
    • Battery Electric

The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/automotive-lidar-market

Key Questions Answered in the Report:

  • What will be the estimated growth rate of the Automotive LiDAR market by 2027?
  • Who are the prominent distributors, vendors, and manufacturers of the market?
  • What are the driving and restraining factors of the growth of the Automotive LiDAR market throughout the forecast period?
  • What are the current and future market trends of the Automotive LiDAR market?
  • What are the sales and price analysis of the product by types, applications, and regions?
  • What are the expected opportunities for the companies and new entrants in the coming years?

The report demonstrates the progress and advancement achieved by the global Automotive LiDAR market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.

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Thank you for reading our report. Please get in touch with us if you have any queries regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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