The Global Automotive LiDAR Market research study published by Emergen Research is an extensive collection of insightful information about the Automotive LiDAR industry. The report covers the Automotive LiDAR Market segmentation along with a detailed outline of the Automotive LiDAR market size with regards to volume and valuation. The report provides comprehensive coverage of the Automotive LiDAR market scenario for the current period and forecast timeline of 2020-2027. The Automotive LiDAR market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

The global Automotive LiDAR Market is expected to reach USD 1,092.5 Million by 2027, according to a new report by Emergen Research. An increase in the research and development activities in the autonomous vehicle has propelled the demand for the market. The market for autonomous vehicles is continuously evolving to meet the requirement of the customers by collaborating with tech giants. Advancement in technology and awareness regarding Light Detection and Ranging for vehicle safety will create a demand for the product.

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The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Automotive LiDAR market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Automotive LiDAR market landscape.

The increased use of Automotive LiDAR by municipalities and enterprises is responsible for the market's expansion. The Automotive LiDAR market is anticipated to grow at a faster rate during the forecast period than traditional treatment procedures like thermal oxidation and chemical oxidation due to the reduced operational and capital costs of Automotive LiDAR. The demand for Automotive LiDAR is rising as more people are embracing biological treatment methods like aerobic activated sludge. The use of Automotive LiDAR solutions is projected to increase in the near future due to rising restrictions on the discharge of treated effluents into freshwater bodies.

The Automotive LiDAR research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans.

The key companies studied in the report are:

Delphi Automotive PLC, ZF Friedrichshafen AG, Velodyne LiDAR, Inc., First Sensor AG, Continental AG, Infineon Technologies AG, Texas Instruments Incorporated, Quanergy System Inc., Leddartech Inc., Innoviz Technologies Ltd.

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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

• Image Type Outlook (Revenue, USD Billion; 2017-2027)

  • 2D Image Type
  • 3D-Image Type

• Technology Outlook (Revenue, USD Billion; 2017-2027)

  • Solid-State LiDAR
  • Mechanical/Scanning LiDAR

• Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)

  • ICE
  • HEV
  • PHEV
  • Battery Electric

The report addresses the following key points:

• The report estimates the expected market size from 2020-2027
• The report provides a forecast of market drivers, restraints, and future opportunities for the Automotive LiDAR market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

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