Automotive LiDAR Market Size, Share, and Forecast by 2031
Automotive LiDAR Market: Strategic Insights
Automotive LiDAR Market
-
CAGR (2022 - 2031)35.1% -
Market Size 2022
US$ 750.49 Billion -
Market Size 2031
US$ 8,307.14 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing sale of the light detection systems among the passenger cars drives the market growth
FUTURE TRENDS
- Rising adoption of the LiDAR across the passenger cars to enhance the connectvity drives the market growth
OPPORTUNITIES
- Increased Adoption of the Autonomous Driving with Surge in the Development of the Connected Cars is Expected to Create ample Opportunity for the Market Growth
Key Players
- Continental AG
- Delphi Automotive
- First Sensor AG
- Infineon Technologies AG
- Innoviz Technologies Ltd
- LeddarTech Inc
- Quanergy Systems Inc
- Texas Instruments Inc
- Velodyne LiDAR Inc
- ZF Friedrichshafen AG
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - Solid State
- Flash
Component - Photodetectors
- Laser
- Integrated Circuit
- Optical Elements
Application - Autonomous Shuttle
- Robotaxis
- Passenger cars
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