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Global Automotive LIDAR Sensors Market 2017-2021

Global Automotive LIDAR Sensors Market 2017-2021

About Automotive LIDAR Sensors

Light detection and ranging (LIDAR) sensing is a technology that measures the distance between the source and the target with the help of the laser light. In the automotive market, the main purpose of LIDAR sensors is to automate the detection of obstacles, which will increase the safety of using navigation system. There are two outputs from the LIDAR sensors, which determine the existence of obstacles. They are cost map and point cloud.

Technavio’s analysts forecast the global automotive LIDAR sensors market to grow at a CAGR of 37.38% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive LIDAR sensors market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive LIDAR Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Continental
  • LeddarTech
  • Quanergy Systems
  • Velodyne LIDAR
Other prominent vendors
  • Bosch
  • Delphi Automotive
  • DENSO
  • First Sensor
  • HELLA
  • Ibeo Automotive Systems
  • Novariant (AgJunction)
  • Phantom Intelligence
  • PulsedLight (Garmin)
  • Teledyne Optech
  • Trilumina
  • Valeo
  • Innoviz
  • Facet Technology (Google)
  • Xenomatix
  • Princeton Lightwave
  • Neptec Design Group
  • TetraVue
Market driver
  • Rapid progress in autonomous vehicles
  • For a full, detailed list, view our report
Market challenge
  • Lower volume of production of LIDAR sensors resulting in higher cost
  • For a full, detailed list, view our report
Market trend
  • Intelligent transportation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive LIDAR Sensors Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive LIDAR sensors market: Continental, LeddarTech, Quanergy Systems, and Velodyne LIDAR.

Other Prominent Vendors in the market are: Bosch, Delphi Automotive, DENSO, First Sensor, HELLA, Ibeo Automotive Systems, Novariant (AgJunction), Phantom Intelligence, PulsedLight (Garmin), Teledyne Optech, Trilumina, Valeo, Innoviz, Facet Technology (Google), Xenomatix, Princeton Lightwave, Neptec Design Group, and TetraVue.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is intelligent transportation. The demand for connectivity in cars is powering a revolution in the automotive industry. Several new technologies are increasingly being integrated into vehicles to suit the current and future demands. The evolution from an infotainment feature to telematics, ADAS, and vehicle-to-vehicle (V2V) or vehicle-to-infrastructure (V2X) is progressing rapidly. In every evolving concept or technology safety remains a top priority.”

According to the report, one driver in the market is rapid progress in autonomous vehicles. Almost all the OEMs and tier-I players are working toward automated driving, and aggressive steps are being taken toward achieving levels 3 and 4 in vehicle automation, which places LIDAR at an advantageous position among the sensor suites for autonomous vehicles. It is a fact that none of these sensors will attain obsolescence during the forecast period, but the move toward levels 3 and 4 will drive the global automotive LIDAR sensors market despite current high costs. Majority LIDAR penetration in premium segment cars will be seen in 2018.

Further, the report states that one challenge in the market is lower volume of production of LIDAR sensors resulting in higher cost. Though the current high-cost model will have a less impact in the long run (or beyond the forecast period), it poses a major challenge at present. Data-based evidence indicates that the cost is likely to drastically drop due to mass production as confirmed by several value chain participants, such as Quanergy Systems, Osram, and Velodyne LIDAR. These vendors have announced plans to reduce the costs of LIDAR. However, current low volumes of LIDAR impact the challenges associated with cost pressures faced by OEMs.

Companies Mentioned

Continental, LeddarTech, Quanergy Systems, and Velodyne LIDAR, Bosch, Delphi Automotive, DENSO, First Sensor, HELLA, Ibeo Automotive Systems, Novariant (AgJunction), Phantom Intelligence, PulsedLight (Garmin), Teledyne Optech, Trilumina, Valeo, Innoviz, Facet Technology (Google), Xenomatix, Princeton Lightwave, Neptec Design Group, and TetraVue.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global automotive sensors market classification based on area of application
      • Table Automotive sensors for autonomous driving systems and ADAS
      • Table Partnerships between LIDAR sensor manufacturers and Tier 1 suppliers
  • Market landscape
    • Market overview
      • Table Market landscape of the global automotive LIDAR sensors market
    • Value chain analysis
      • Table Value chain analysis
    • Product lifecycle
      • Table Product lifecycle 2016: Sensors used in active safety systems/autonomous driving
      • Table Product lifecycle 2021: Sensors used in active safety systems/autonomous driving
    • Market size and forecast
      • Table Global automotive LIDAR sensors market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Table Global automotive LIDAR sensors market based on application 2016
    • Table Global automotive LIDAR sensors market based on application 2021
    • Table Global automotive LIDAR sensors market based on application 2016-2021
    • Global automotive LIDAR sensors market for ADAS
      • Table Global automotive LIDAR sensors market for ADAS 2016-2021 ($ millions)
    • Global automotive LIDAR sensors market for autonomous vehicles
      • Table Global automotive LIDAR sensors market for autonomous vehicles 2016-2021 ($millions)
  • Geographical segmentation
    • Table Automotive LIDAR sensors market based on geography 2016
    • Table Automotive LIDAR sensors market based on geography 2021
    • Table Automotive LIDAR sensors market based on geography 2016-2021 ($ millions)
    • Automotive LIDAR sensors market in Americas
      • Table Automotive LIDAR sensors market in Americas 2016-2021 ($ millions)
    • Automotive LIDAR sensors market in EMEA
      • Table Automotive LIDAR sensors market in EMEA 2016-2021 ($ millions)
    • Automotive LIDAR sensors market in APAC
      • Table Automotive LIDAR sensors market in APAC 2016-2021 ($ millions)
  • Key leading countries
    • Table Key leading countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Cost analysis of the LIDAR sensor
      • Table Timeline for various automated driving systems and sensors market
      • Table Comparison of LIDAR sensors' capabilities with sensors in few ADAS systems
    • Market challenges
      • Table Radar-based active safety functions and frequency range
      • Table Regulatory scenario in regions across the globe
  • Market trends
    • Intelligent transportation
    • Increasing trend of new entrants in autonomous vehicle market
      • Table Expected new entrants in the autonomous vehicle market.
    • Low-cost LIDAR sensors
  • Vendor landscape
    • Competitive benchmarking
      • Table Key vendors in the global automotive LIDAR sensors market
    • Other prominent vendors
  • Key vendor analysis
    • Continental
      • Table Continental: Product portfolio
      • Table Continental: Recent developments
    • LeddarTech
      • Table LeddarTech: Product portfolio
      • Table LeddarTech: Recent developments
    • Quanergy Systems
      • Table Quanergy Systems: Product portfolio
      • Table Quanergy Systems: Recent developments
    • Velodyne LIDAR
      • Table Velodyne LIDAR: Product portfolio
      • Table Velodyne LIDAR: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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