
North America Automotive LiDAR Sensors Market Size, Share & Industry Trends Analysis Report By Type, By Technology (Solid-state, and Electro-mechanical), By Vehicle Type, By Image Type, By Application, By Country and Growth Forecast, 2023 - 2029
Description
North America Automotive LiDAR Sensors Market Size, Share & Industry Trends Analysis Report By Type, By Technology (Solid-state, and Electro-mechanical), By Vehicle Type, By Image Type, By Application, By Country and Growth Forecast, 2023 - 2029
The North America Automotive LiDAR Sensors Market would witness market growth of 31.3% CAGR during the forecast period (2023-2029).
Demand for LiDAR technology is anticipated to soar in the future years as a result of the automotive industry's continuous efforts to develop autonomous and semi-autonomous vehicles. Self-driving cars may now acquire enough information about their surroundings due to LiDAR technology that the onboard computer can take over and take the driver's position. Automotive LiDAR sensor market participants are putting a lot of effort into the research and development of clever and distinctive business strategies to maintain their market leadership. Joint ventures and product development are some of these tactics.
Traditional methods of environmental detection can potentially result in inaccurate conditions assessments due to their inherent limitations. Within the context of the LiDAR system, this enables the creation of a 3D map of the surrounding area more expediently. It offers a reliable approach to land surveying. Through the use of Automotive LiDAR Sensors, it demonstrates an improved capability for automated processing. Data processing capabilities and image resolution are significantly more advanced than those of traditional approaches. These attributes give Automotive LiDAR Sensors a competitive advantage over its competitors. Thus, the advantages of LiDAR's innovative methods provided above the traditional ones are making a major market driver.
Mexico's road traffic fatalities have remained high in recent years, despite substantial efforts at national and subnational levels. This is noteworthy considering the country's population of almost 130 million. In the fiscal year of 2019, there were around 16,000 recorded fatalities. In addition, the lack of accountability among different sectors and institutions in Mexico has posed challenges for the federal government to accomplish intersectoral coordination and progress in road safety, leading to fatal and non-fatal traffic injuries. The increasing number of road accidents in the region presents a potential for growth in automotive LiDAR sensors as they can be implemented in vehicles with other safety systems to increase the vehicle's and passenger's overall safety, which will aid in greatly reducing accidents, leading to increased adoption and expansion of the market in North America.
The US market dominated the North America Automotive LiDAR Sensors Market by Country 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,292.2 Million by 2029. The Canada market is poised to grow at a CAGR of 34.3% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 33.2% during (2023 - 2029).
Based on Type, the market is segmented into Time of Flight (ToF), and Frequency-Modulated-Continuous-Wave (FMCW). Based on Technology, the market is segmented into Solid-state, and Electro-mechanical. Based on Vehicle Type, the market is segmented into Internal Combustion Engine (ICE), Hybrid, and Battery Electric. Based on Image Type, the market is segmented into 2 Dimensional, and 3 Dimensional. Based on Application, the market is segmented into Semi-autonomous Vehicles, and Autonomous Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Continental AG, Denso Corporation, Ouster, Inc., HELLA GmbH & Co. KGaA, First Sensor AG (TE Connectivity Ltd.), Texas Instruments, Inc., KUBOTA Corporation, Quanergy Systems, Inc. and LeddarTech Inc.
Scope of the Study
Market Segments covered in the Report:
By Type
Time of Flight (ToF)
Frequency-Modulated-Continuous-Wave (FMCW)
By Technology
Solid-state
Electro-mechanical
By Vehicle Type
Internal Combustion Engine (ICE)
Hybrid
Battery Electric
By Image Type
2 Dimensional
3 Dimensional
By Application
Semi-autonomous Vehicles
Autonomous Vehicles
By Country
US
Canada
Mexico
Rest of North America
Companies Profiled
Robert Bosch GmbH
Continental AG
Denso Corporation
Ouster, Inc.
HELLA GmbH & Co. KGaA
First Sensor AG (TE Connectivity Ltd.)
Texas Instruments, Inc.
KUBOTA Corporation
Quanergy Systems, Inc.
LeddarTech Inc.
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Table of Contents
111 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Automotive LiDAR Sensors Market, by Type
- 1.4.2 North America Automotive LiDAR Sensors Market, by Technology
- 1.4.3 North America Automotive LiDAR Sensors Market, by Vehicle Type
- 1.4.4 North America Automotive LiDAR Sensors Market, by Image Type
- 1.4.5 North America Automotive LiDAR Sensors Market, by Application
- 1.4.6 North America Automotive LiDAR Sensors Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market composition & scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions
- 3.3 Market Share Analysis, 2022
- 3.4 Top Winning Strategies
- 3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 3.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Nov – 2023, Jan) Leading Players
- Chapter 4. North America Automotive LiDAR Sensors Market by Type
- 4.1 North America Time of Flight (ToF) Market by Country
- 4.2 North America Frequency-Modulated-Continuous-Wave (FMCW) Market by Country
- Chapter 5. North America Automotive LiDAR Sensors Market by Technology
- 5.1 North America Solid-state Market by Country
- 5.2 North America Electro-mechanical Market by Country
- Chapter 6. North America Automotive LiDAR Sensors Market by Vehicle Type
- 6.1 North America Internal Combustion Engine (ICE) Market by Country
- 6.2 North America Hybrid Market by Country
- 6.3 North America Battery Electric Market by Country
- Chapter 7. North America Automotive LiDAR Sensors Market by Image Type
- 7.1 North America 2 Dimensional Market by Country
- 7.2 North America 3 Dimensional Market by Country
- Chapter 8. North America Automotive LiDAR Sensors Market by Application
- 8.1 North America Semi-autonomous Vehicles Market by Country
- 8.2 North America Autonomous Vehicles Market by Country
- Chapter 9. North America Automotive LiDAR Sensors Market by Country
- 9.1 US Automotive LiDAR Sensors Market
- 9.1.1 US Automotive LiDAR Sensors Market by Type
- 9.1.2 US Automotive LiDAR Sensors Market by Technology
- 9.1.3 US Automotive LiDAR Sensors Market by Vehicle Type
- 9.1.4 US Automotive LiDAR Sensors Market by Image Type
- 9.1.5 US Automotive LiDAR Sensors Market by Application
- 9.2 Canada Automotive LiDAR Sensors Market
- 9.2.1 Canada Automotive LiDAR Sensors Market by Type
- 9.2.2 Canada Automotive LiDAR Sensors Market by Technology
- 9.2.3 Canada Automotive LiDAR Sensors Market by Vehicle Type
- 9.2.4 Canada Automotive LiDAR Sensors Market by Image Type
- 9.2.5 Canada Automotive LiDAR Sensors Market by Application
- 9.3 Mexico Automotive LiDAR Sensors Market
- 9.3.1 Mexico Automotive LiDAR Sensors Market by Type
- 9.3.2 Mexico Automotive LiDAR Sensors Market by Technology
- 9.3.3 Mexico Automotive LiDAR Sensors Market by Vehicle Type
- 9.3.4 Mexico Automotive LiDAR Sensors Market by Image Type
- 9.3.5 Mexico Automotive LiDAR Sensors Market by Application
- 9.4 Rest of North America Automotive LiDAR Sensors Market
- 9.4.1 Rest of North America Automotive LiDAR Sensors Market by Type
- 9.4.2 Rest of North America Automotive LiDAR Sensors Market by Technology
- 9.4.3 Rest of North America Automotive LiDAR Sensors Market by Vehicle Type
- 9.4.4 Rest of North America Automotive LiDAR Sensors Market by Image Type
- 9.4.5 Rest of North America Automotive LiDAR Sensors Market by Application
- Chapter 10. Company Profiles
- 10.1 Robert Bosch GmbH
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Product Launches and Product Expansions:
- 10.1.5.2 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Continental AG
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 First Sensor AG (TE Connectivity Ltd.)
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 SWOT Analysis
- 10.4 Denso Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.5.2 Geographical Expansions:
- 10.5 Ouster, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.5.2 Product Launches and Product Expansions:
- 10.5.5.3 Acquisition and Mergers:
- 10.5.5.4 Geographical Expansions:
- 10.6 HELLA GmbH & Co. KGaA
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.7 Texas Instruments, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expense
- 10.8 KUBOTA Corporation
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.9 Quanergy Systems, Inc.
- 10.9.1 Company Overview
- 10.9.2 Recent strategies and developments:
- 10.9.2.1 Partnerships, Collaborations, and Agreements:
- 10.9.2.2 Product Launches and Product Expansions:
- 10.10. LeddarTech Inc.
- 10.10.1 Company Overview
- 10.10.2 Recent strategies and developments:
- 10.10.2.1 Partnerships, Collaborations, and Agreements:
- 10.10.2.2 Product Launches and Product Expansions:
- 10.10.2.3 Acquisition and Mergers:
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