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Automotive LiDAR Market Poised to Expand at a Robust Pace by 2027

Access Full Report @ https://www.theinsightpartners.com/reports/automotive-lidar-market<br><br>Automotive LiDAR Market accounted to US$ 415.1 Mn in 2018 and is expected to grow at a CAGR of 30.4% during the forecast period 2019 - 2027, to account to US$ 4,348.09 Mn by 2027.

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Automotive LiDAR Market Poised to Expand at a Robust Pace by 2027

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  1. Automotive LiDAR Market Outlook to 2027

  2. Automotive LiDAR Market Overview The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study. Latest market study on "Automotive LiDAR Market to 2027 by Type (Solid State and Flash); Component (Photodetectors, Laser, Integrated Circuit, Optical Elements, and Others); and Application (Autonomous Shuttle, Robotaxis, and Passenger cars) – Global Analysis and Forecast", the automotive LiDAR market is estimated to reach US$ 4,348.09 Mn by 2027 from US$ 415.10 Mn in 2018. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

  3. Automotive LiDAR Market In the current automotive market, major manufacturers are integrating their vehicles with technologically enhanced sensors, in order to improve the safety of the vehicles. Apart from sensors, several other types of semiconductors are also being integrated on the newer vehicles, which is paving the path for semiconductor industry players to generate substantial revenue. The demand share of technologically robust semiconductor components in the automotive industry is majorly among the passenger car segment. Cost and fuel efficiency no longer stay as the primary criterion for purchasing, instead the purchase more depend on the comfort and security provided in the car. Attributing to this fact that, the global automobile manufacturers are witnessing substantial demand for high-end cars, which is pressurizing the automobile manufacturers to add increased numbers of electronic components, thereby driving the market for automotive LiDAR. Read More at : https://www.theinsightpartners.com/reports/automotive-lidar-market

  4. Key Benefits • • This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities. • • In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way. • • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided. • Get PDF Sample Copy @ Click Here

  5. Application Insights The automotive LiDAR market by application are segmented into autonomous shuttle, robotaxis, and passenger cars. The automotive LiDAR market by application was led by passenger cars segment which held a maximum market share in the year 2018. Passenger car segment undergo substantial technological advancements year on year, owing to the changes in consumer interests, emergence of new technologies, and governmental rules and regulation related to reduction in emission and other factors. The trend of procurement of passenger cars is increasing at a decent rate over the years. The more the procurement of passenger cars, the more is the demand for LiDAR system to have hassle-free driving experience.

  6. Key Players In Industry • Continental AG • Denso Corporation • Innoviz Technologies, Ltd. • Luminar Technologies, Inc. • Omron Corporation • Panasonic Corporation • VALEO • VelodyneLidar • Xenomatix N.V. • Triluminia • Enquiry For Discount @ Click Here

  7. Automotive LiDAR Market Segments

  8. Automotive LiDAR Market By Geography • North America, Europe, Asia-Pacific, LAMEA

  9. Thank You! For More Details Visit us at https://www.theinsightpartners.com/reports/automotive-lidar-market Contact Us: Call: +1-646-491-9876 Email: sales@theinsightpartners.com Follow Us On

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