Press release
Continental: Automotive LiDAR Industry 2018 Industry Players Continental AG, Robert Bosch GmbH, Denso Corporation, Delphi Technologies
Automotive LiDAR Market
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There are several advantages of integrating LiDAR in ADAS system such as it supports different environmental conditions, can work better range up varying from 10 cm to 100 m and also records 30 times quicker than regular camera video, such factors have highly propelled Automotive LiDAR market worldwide. Although, high cost and substitute technology are some of the factors that could affect the growth of the market. However, these factors are expected to have minimal impact on the Automotive LiDAR Market attributed to the decreasing price in near future with rise in volume.
LiDAR has become an essential feature of self-driving cars, and therefore several advancements are taking place in the Automotive LiDAR Market to offer better product and service to end-user in coming years. Different market leaders are coming up with innovative technologies to grow and maintain their market position for instance in 2016
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Continental AG
• Robert Bosch GmbH
• Denso Corporation
• Delphi Technologies
• Novariant (AgJunction)
• First Sensor AG
• LeddarTech
• Quanergy Systems, Inc.
• Scanse LLC
Table of Contents
• Overview and Scope
• Executive Summary
• Automotive LiDAR Market Insights
• Automotive LiDAR Market Size and Forecast by Type
• Automotive LiDAR Market Size and Forecast by Application
• Automotive LiDAR Market Size and Forecast by Region
• Company Profiles
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North America dominates the Automotive LiDAR market attributed to the technological advancements and early adopter of ADAS, existence of prominent Automotive LiDAR providers in the region, and robust technical adoption base. Also, the region is expected to continue its dominance during the forecast period.
Moreover, the emerging application of autonomous vehicle technology in commercial cars services in key economies, such as the U.S. and Canada, is considerably adding to the market growth in the North American region. The markets in Asia Pacific, and European region are expected to notice a high growth during the coming years. The growth in Asia Pacific region is attributed to the increasing demand for autonomous car in the developing economies.
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