New York, NY -- (SBWire) -- 11/23/2017 --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?
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Table of Contents:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Value chain analysis
- Product lifecycle
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by application
- Global automotive LIDAR sensors market for ADAS
- Global automotive LIDAR sensors market for autonomous vehicles
PART 07: Geographical segmentation
- Automotive LIDAR sensors market in Americas
- Automotive LIDAR sensors market in EMEA
- Automotive LIDAR sensors market in APAC
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Market challenges
PART 11: Market trends
- Intelligent transportation
- Increasing trend of new entrants in autonomous vehicle market
- Low-cost LIDAR sensors
PART 12: Vendor landscape
- Competitive benchmarking
- Other prominent vendors
PART 13: Key vendor analysis
- Continental
- LeddarTech
- Quanergy Systems
- Velodyne LIDAR
PART 14: Appendix
- List of abbreviations
List of Exhibits
Continued…….
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Automotive LIDAR Sensors 2017 Global Market Expected to Grow at CAGR 37.38 % and Forecast to 2021
Automotive LIDAR Sensors Market Analysis And Forecast