Global Automotive LiDAR Market 2023 - By Growth Opportunities, Future Insights, Regional Segments, Latest Innovations And Forecast To 2032

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Automotive LiDAR Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Automotive LiDAR Market Segments
The Business Research Company segments its
Automotive LiDAR market report as
Aerial, Mobile, Terrestrial/Static, Short-Range
By Product
Solid-State LiDAR, Mechanical/Scanning LiDAR
By Technology
IC Engine Vehicles, Hybrid Electric Vehicles
(HEVS), Plug-In Hybrid Electric Vehicles (PHEVS),
Battery Electric Vehicles (BEVS)
By Vehicle Type
Laser, GPS/GNSS Receiver, Camera, Inertial
Navigation System, Micro Electro Mechanical System
By Components
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Market Statistics
The global automotive LiDAR market size is
expected to grow from 0.45 billion in 2022 to
0.61 billion in 2023 at a compound annual growth
rate (CAGR) of 34.1. The global automotive LiDAR
market size is expected to reach 1.95 billion in
2027 at a CAGR of 33.7.
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Key Market Drivers And Trends
Drivers
Increasing demand for semi-autonomous and fully
autonomous vehicles is significantly contributing
to the growth of the automotive LiDAR market
going forward.
Trends
Technological advancement is the key trend
gaining popularity in the automotive LiDAR
market.
Region
Asia-Pacific was the largest region in the
automotive LiDAR market share in 2022. The
regions covered in the global automotive LiDAR
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East and Africa.
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Key Market Players

• Major players in the Automotive LiDAR market are
  
• Continental AG
• Ibeo Automotive Systems GmbH
• Innoviz Technologies Ltd
• LeddarTech Inc.,
• Luminar Technologies Inc.
• And more.

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