Global Automotive Scanning LiDAR market cagr 15.5%

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Automotive Scanning LiDAR Market

Automotive Scanning LiDAR Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Automotive Scanning LiDAR Market Size and Growth

The Automotive Scanning LiDAR market is poised for significant growth, driven by increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles. Market size is projected to reach approximately USD 3 billion by 2028, reflecting advancements in technology and heightened safety regulations within the automotive industry.

Companies Covered

(Covid 19 Impact Covered)

◍ Delphi Automotive PLC

◍ NXP Semiconductors

◍ First Sensor AG

◍ Ibeo Automotive Systems GmbH

◍ Luminar Technologies Inc.

◍ LeddarTech Inc.

◍ Continental AG

◍ Denso Corporation

◍ HELLA GmbH & Co. KGaA

◍ Robert Bosch GmbH

◍ Quanergy Systems Inc.

◍ Velodyne LiDAR Inc.

◍ TetraVue

◍ XenomatiX N. V.

◍ InnoviZ Technologies Ltd.

◍ Valeo SA

The automotive scanning LiDAR market features key players like Delphi Automotive, NXP Semiconductors, and Velodyne LiDAR, driving innovation in autonomous vehicle technology. Companies develop advanced LiDAR systems, enhancing safety and perception capabilities, essential for autonomous driving. Sales figures include:

- Velodyne LiDAR: $47 million (2022)

- Denso: $49.8 billion (FY 2022)

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Market Segmentation

By Application

Park Assist System

Blind Spot Detection

Pedestrian Detection

Others

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By Product

Short & Mid-range

Long Range

Market Growth

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$ X Billion USD

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