The US Automotive LiDAR Market is estimated to be USD 110.64 Mn in 2023 and is expected to reach USD 440.71 Mn by 2028, growing at a CAGR of 31.84%.Tesla has proven that cameras can be trained to "see" just as well as LiDAR
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic Market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the Market, and create price signals.As the Market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Segmentations
The US Automotive LiDAR Market is segmented based on Technology, Image Type, Location, Vehicle Type, Maximum Range, Laser Wavelength, Measurement Process, and Level of Automation.- By Technology, the market is classified into Mechanical LiDAR and Solid State LiDAR.
- By Image Type, the market is classified into 2D Image and 3D Image.
- By Location, the market is classified into Bumpers & Grills, Headlights & Taillights, Roof & Upper Pillars, and Other Location.
- By Vehicle Type, the Market is classified into BEV, FCEV, HEV, and PHEV.
- By Maximum Range, the Market is classified into Short-Range, Mid-Range, and Long Range.
- By Laser Wavelength, the Market is classified into Near Infrared, Short-Wave Infrared, and Long-Wave Infrared.
- By Measurement Process, the Market is classified into Time of Flight and FMCW.
- By Level of Automation, the Market is classified into Semi-Autonomous and Autonomous.
Company Profiles
The report provides a detailed analysis of the competitors in the Market. It covers the financial performance analysis for the publicly listed companies in the Market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Aeva Technologies, Inc., Cepton, Inc., Continental AG, Delphi Automotive PLC, Luminar Technologies Inc., MicroVision, Inc., Neuvition Inc., Ouster Inc., etc.Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in Market share, etc.Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the US Automotive LiDAR Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.The analyst analyses the US Automotive LiDAR Market using the Ansoff Matrix to provide the best approaches a company can take to improve its Market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for Market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the US Automotive LiDAR Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about Market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth Market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the Market, including parent industry
- Important Market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the Market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the Market
Table of Contents
1 Report Description1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Rising Demand for Safety, Convenience, and Comfort Applications in Vehicles
4.1.2 Increasing Trend of Semi-Autonomous and Autonomous Vehicles
4.1.3 Growing Adaption of ADAS Technology
4.2 Restraints
4.2.1 High Cost of Systems
4.2.2 Environmental Constraints
4.3 Opportunities
4.3.1 The Emergence of 4D/High-Resolution LiDAR
4.3.2 Rising Demand for Electric Vehicles & Development in Autonomous Vehicles
4.3.3 Advanced Technology Innovation
4.4 Challenges
4.4.1 Optical Vulnerability and Other Technological Integration Issues
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 US’ Automotive LiDAR Market, By Technology
6.1 Introduction
6.2 Mechanical LiDAR
6.3 Solid State LiDAR
7 US’ Automotive LiDAR Market, By Image Type
7.1 Introduction
7.2 2D Image
7.3 3D Image
8 US’ Automotive LiDAR Market, By Location
8.1 Introduction
8.2 Bumpers & Grills
8.3 Headlights & Tailights
8.4 Roof & Upper Pillars
8.5 Other Location
9 US’ Automotive LiDAR Market, By Maximum Range
9.1 Introduction
9.2 Short-Range
9.3 Mid-Range
9.4 Long Range
10 US’ Automotive LiDAR Market, By Laser Wavelength
10.1 Introduction
10.2 Near Infrared
10.3 Short-Wave Infrared
10.4 Long-Wave Infrared
11 US’ Automotive LiDAR Market, By Vehicle Type
11.1 Introduction
11.2 BEV
11.3 FCEV
11.4 HEV
11.5 PHEV
12 US’ Automotive LiDAR Market, By Measurement Process
12.1 Introduction
12.2 Time of Flight
12.3 FMCW
13 US’ Automotive LiDAR Market, By Level of Automation
13.1 Introduction
13.2 Semi-Autonomous
13.3 Autonomous
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 M&A and Investments
14.3.2 Partnerships and Collaborations
14.3.3 Product Developments and Improvements
15 Company Profiles
15.1 Aeva Inc.
15.2 Aeva Technologies, Inc.
15.3 AEye, Inc.
15.4 Baraja
15.5 Cepton, Inc.
15.6 Continental AG
15.7 Delphi Automotive PLC
15.8 Ibeo Automotive Systems GmbH
15.9 Innoviz Technologies Ltd.
15.10 Luminar Technologies Inc.
15.11 MicroVision, Inc.
15.12 Neuvition Inc.
15.13 Ouster Inc.
15.14 Quanergy Systems
15.15 Robert Bosch GmbH
15.16 Texas Instruments Inc.
15.17 Valeo
15.18 Velodyne LiDAR Inc.
15.19 Waymo LLC
15.20 ZF Friedrichshafen AG
16 Appendix
16.1 Questionnaire
Companies Mentioned
- Aeva Inc.
- Aeva Technologies, Inc.
- AEye, Inc.
- Baraja
- Cepton, Inc.
- Continental AG
- Delphi Automotive PLC
- Ibeo Automotive Systems GmbH
- Innoviz Technologies Ltd.
- Luminar Technologies Inc.
- MicroVision, Inc.
- Neuvition Inc.
- Ouster Inc.
- Quanergy Systems
- Robert Bosch GmbH
- Texas Instruments Inc.
- Valeo
- Velodyne LiDAR Inc.
- Waymo LLC
- ZF Friedrichshafen AG
