Automotive LIDAR Sensors Market Research Report - Global Forecast to 2023

Market Research Future has published a half-cooked research report on the Global Automotive LIDAR Sensors Market.

Global Automotive LIDAR Sensors Market: Synopsis

The detailed report published by Market Research Future (MRFR) projects that the global automotive LIDAR sensors market is marked to exhibit remarkable expansion at a CAGR of 25% during the forecast period of 2017-2023. Automotive LIDAR (light detection and ranging) sensors aid in detecting the objects located at a distance of about 300 meters. Increased emphasis on improving the passenger and vehicle safety features in automobiles and high demand for advanced sensors in automobiles are majorly fueling the growth of the global automotive LIDAR sensors market. Rise in production of automobiles in order to fulfill the rising global demand as a result of rapidly increasing global population is also fueling the growth of the global automotive LIDAR sensors market. However, complexities and high cost related to the installation and maintenance of LIDAR systems in automobiles are restraining the growth of the global automotive LIDAR sensors market during the assessment period.

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The global automotive LIDAR sensors market has been geographically segmented into four major regions such as Europe, North America, Asia Pacific (APAC) and the rest of the world. The automotive LIDAR sensors market in the Europe region commands the major share of the global automotive LIDAR sensors market during the assessment period owing to the increased focus on developing advanced electronics for automobiles, rapid expansion of the automotive industry and increased export activities of automotive parts in this region. The North America region is projecting substantial growth in the global automotive LIDAR sensors market owing to the rapid adoption of technologically advanced features in the automobiles, increased demand for LIDAR sensors in fuel-based and electronic vehicles, and increasing disposable income of the population in this region. The automotive LIDAR sensors market in the Asia Pacific region is expanding at a significant growth rate owing to the increased production of automotive parts, high demand for technologically advanced automobiles, rise in utilization of automobiles as a result of rapid increase in population, and increasing awareness regarding the advanced safety features in automobiles in this region.

The prime players profiled by Market Research Future (MRFR) that are operating in the global automotive LIDAR sensors market are Delphi Automotive (the U.K.), Continental AG (Germany), ZF Friedrichshafen (Germany), Infineon Technologies (Germany), Velodyne LiDAR (the U.S.), Texas Instruments Incorporated (the U.S.), First Sensor AG(Germany), Robert Bosch (Germany), Ibeo Automotive (Germany), Quanergy Systems (the U.S.), Valeo S.A. (France), Denso (Japan), PulsedLight (the U.S.), Teledyne Optech (Canada), LeddarTech (Canada), Trilumina (the U.S.), TetraVue (the U.S.), Princeton Lightwave (the U.S.), and HELLA GmbH (Germany).

The report for global automotive LIDAR sensors market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.Top of FormBottom of Form

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