Boston, MA -- (SBWIRE) -- 07/05/2016 -- LiDAR (light detection and ranging) sensing is a technology that measures distance by illuminating a target with a laser light. In automobiles, LiDAR sensors are largely used to automate driving of vehicles through obstacle detection and avoidance, which would enable safe navigation. Cost map or point cloud outputs from the LiDAR sensor provide the necessary data for robot software to determine where potential obstacles exist in the environment and the placement of the robot with regard to those potential obstacles. Some of the automotive applications of LiDAR sensor systems include adaptive cruise control systems, automatic speed control, and braking systems among others. The very first generation of automotive adaptive cruise control systems used only LiDAR sensors.

Technavio's analysts forecast the global automotive LiDAR sensors market to grow at a CAGR of 34.22% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Automotive Lidar Sensors Market 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive LiDAR sensors market for 2016-2020.

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

-Americas
-APAC
-EMEA

Technavio's report, Global Automotive LiDAR Sensors Market 2016-2020, 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

-Velodyne LiDAR
-Quanenergy Systems
-LeddarTech
-Continental

Other prominent vendors

-Bosch
-Delphi
-Denso
-First Sensor AG
-Hella
-Ibeo Automotive Systems
-Novariant
-Phantom Intelligence
-PulsedLight
-Teledyne Optech
-Trilumina
-Valeo

Market driver

-Better capabilities and functionality of LiDAR sensors
-For a full, detailed list, view our report

Market challenge

-Current low volumes resulting in high-cost of technology
-For a full, detailed list, view our report

Market trend

-Need for enhanced road fatality reduction rates during night hours
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Velodyne LiDAR, Quanenergy Systems, LeddarTech, Continental, Bosch, Delphi, Denso, First Sensor AG, Hella, Ibeo Automotive Systems, Novariant, Phantom Intelligence, PulsedLight, Teledyne Optech, Trilumina, Valeo

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