Market Overview

The Global Automotive LiDAR Market was valued at USD 485.5 million in 2023 and is expected to reach USD 905.3 million by 2031 while growing at a CAGR of 8.1% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global automotive LiDAR market growth. Automotive LiDAR, employing laser light for remote sensing and mapping, is a technology crucial for autonomous vehicles and advanced driver assistance systems (ADAS) to safely navigate and make informed decisions by creating detailed three-dimensional maps of the vehicle's surroundings.

Increasing interest in autonomous vehicles and regulatory standards are driving the growth of the automotive LiDAR market. However, cost constraints along with weather and environmental interference may hinder market expansion.

Furthermore, the global cell automotive LiDAR will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Application Analysis

The Global Automotive LiDAR Market is segmented among ADAS, and Autonomous Cars, based on Application. In 2023, ADAS accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Automotive LiDAR Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Continental AG, Denso Corporation, LeddarTech Inc., KUBOTA Corporation, Quanergy Solutions, Inc., Robert Bosch GmbH, Teledyne Geospatial, Valeo, Velodyne LiDAR, Inc., Innoviz Technology Ltd., Ibeo Automotive System GmbH., First Sensor AG, and Hella GmbH & Co. KGaA.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Automotive LiDAR Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Automotive LiDAR Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Automotive LiDAR Market Segmentation, By Application

• Global Automotive LiDAR Market Share Analysis, By Application

• Global Automotive LiDAR Market Growth Analysis, By Application

• Global Automotive LiDAR Market Trends, By Application

o ADAS

Ø Automatic Emergency Braking (AEB)

Ø Adaptive Cruise Control (ACC)

o  Autonomous Cars

6. Global Automotive LiDAR Market Segmentation, By Region

• Global Automotive LiDAR Market Share Analysis, By Region

• Global Automotive LiDAR Market Growth Analysis, By Region

• Global Automotive LiDAR Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• Continental AG*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Denso Corporation

• LeddarTech Inc.

• KUBOTA Corporation

• Quanergy Solutions, Inc.

• Robert Bosch GmbH

• Teledyne Geospatial

• Valeo

• Velodyne LiDAR, Inc.

• Innoviz Technology Ltd.

• Ibeo Automotive System GmbH.

• First Sensor AG

• Hella GmbH & Co. KGaA

*Similar analysis will be provided for each company listed above.