Global LIDAR Sensors Market Outlook 2018 To 2023

Free Press Release DB | Press Release Date : May 17, 2018  Download

LIDAR Sensors Market To Grow At A CAGR Of 25% By 2018 to 2023.

This LIDAR Sensors Market Growth is boosted by factors such as increasing use in the self-driving cars, strengths of LIDAR sensors such as high angular resolution and wide view that is required for proper mid-range detection, LIDAR sensors serve as a perfect connection between close ranges and far range sensor systems. In future, the market has been projected to grow, as major players greatly focus on both, decreasing the cost and increasing the range and resolution of the LIDAR sensors.

This study of 100 pages describes Automotive LIDAR Sensors Market Information Report By Application Type (Semi-Autonomous Vehicles, Autonomous Vehicles), By Image Type (2D Image, 3D Image), By Placement (Headlight & Taillight, Bumpers, Roof, Others), by end market (OEMs, Aftermarket), and By Region with forecast to 2023.

Major Players Analyzed In Study Are: Delphi Automotive (U.K.), Continental AG (Germany), ZF Friedrichshafen (Germany), Infineon Technologies (Germany), Velodyne LiDAR (U.S.), Texas Instruments Incorporated (U.S.), First Sensor AG(Germany), Robert Bosch (Germany), Ibeo Automotive (Germany), Quanergy Systems (U.S.),  Valeo S.A. (France), Denso (Japan), PulsedLight (U.S.), Teledyne Optech (Canada), LeddarTech (Canada), Trilumina (U.S.), TetraVue (U.S.), Princeton Lightwave (U.S.), and HELLA GmbH  (Germany).

Get Sample Copy of “LIDAR Sensors Market Research Report – Forecast to 2023” At:

Market Scenario:

LIDAR SENSOR or remote sensing uses laser pulses to map the spatial profile of the object under study accurately. The substitution of electromagnetic radiation with Laser for measurement leads to higher accuracy, owing to better reflectance, and coherence. Automotive LIDAR sensors are used to detect objects and hurdles encountering a driverless car.

The Advent of Assisted or Automated Driverless Cars is the Prime Market Opportunity

The foray of major technology companies such as Google in automated driverless cars is a significant market opportunity. The potential application expanse such as driverless trains, military vehicles, sewage cleaning robots and drones, extra-terrestrial planetary exploration is a prime driver of the market.

Technological Advantages of LIDAR Expected to Create a Significant Market Demand

The attractive benefits of LIDAR to scan a wide range of materials, including both metals and non-metals, rocks, rain, and others with high accuracy, coupled with the generation of 3D images and maps has led to an expanse of the market. LIDAR can measure physical features with a very high resolution of 30-centimetre making it a critical technology for precision maneuverability of vehicles. Thus LIDAR has been classified as a strategic technology as exemplified by the U.S. Geological Survey Experimental Advanced Airborne Research LIDAR.

Advances in Sensor Technology are the Prime Market Determinant

Advances in sensor technology, exemplified by the development of solid-state LiDAR sensors is resulting in the higher adoption of the technology owing to its higher precision lower cost, size, and reliability. Solid-state LiDAR sensors involve no mechanical components and thus have an advantage of being less complicated, have no limitations in field-of-view coverage as compared to mechanical scanning LiDARs.

 The High Cost of Installation and Maintenance Expected to Hamper the Market Growth

The high cost of installation and maintenance coupled with the high degree of secrecy hinders the development of the market. The nascent stage of technology and the lack of standard infrastructure in developing regions are the most substantial restraint on the market.


For determining the precise path of the market growth, the global LIDAR SENSOR market is segmented by application, application type, component, end-users and region.

Regional Analysis

North America accounts for the most significant share of the market owing to the faster uptake of new technology, development of military robots, the presence of substantial players and others. The European region is expected to be led by Germany, France, and the U.K. However, the market is likely to shift in favor of the Asia Pacific region led by Japan, China, and India. The Middle East and Africa market is expected to be skewed in favor of Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.

For more details on this report please visit:

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India+1 646 845 9312

Contact Person & Company



Abhijeet Bendre



Contact Numbers

Telephone No.


Fax No.


Handphone No.



Website 1


Go To PR Site

Website 2




PR Tags


Lidar Sensors Market, Lidar Sensors Market Size, Lidar Sensors Market Share, Lidar Sensors Market Report, Lidar Sensors Market Insights, Lidar Sensors Market Forecast, Lidar Sensors Companies, Lidar Sensors Market Outlook, Lidar Sensors Market Analys,


Contact The Author

Contact Abhijeet Bendre

More Press Release From Author

Global Automotive Roof Racks Market Analysis 2018 To 2023

Free Press Release DB :

Automotive Roof Racks Market is projected to grow at 6.69% Compound Annual Growth Rate during forecast period of 2018 to 2023. --> Read This Press Release !

By : Abhijeet, Bendre ( Jun 5, 2018 )
Category : Automotive Press Release | Country : United States Press Release

Global Monorail Systems Market Forecast 2018 To 2023

Free Press Release DB :

Monorail Systems Market growing at compound annual growth rate of 2.70% by forecast period of 2018 to 2022. --> Read This Press Release !

By : Abhijeet, Bendre ( Jun 4, 2018 )
Category : Automotive Press Release | Country : United States Press Release

Global Fuel Cell Technology Market Analysis 2018 To 2023

Free Press Release DB :

Fuel Cell Technology Market growing at exponential compound annual growth rate by forecast period of 2018 to 2023. --> Read This Press Release !

By : Abhijeet, Bendre ( Jun 4, 2018 )
Category : Automotive Press Release | Country : United States Press Release

Read More Articles From Abhijeet Bendre


The author of the press releases are solely responsible for the content of their press releases. can't be held liable for the content posted by author. Please check the accuracy of the press release before using the press release. If necessary please contact the author. Thank you.

Report Abuse