The North America Automotive LiDAR Sensors Market would witness market growth of 31.3% CAGR during the forecast period (2023-2029).
Demand for LiDAR technology is anticipated to soar in the future years as a result of the automotive industry's continuous efforts to develop autonomous and semi-autonomous vehicles. Self-driving cars may now acquire enough information about their surroundings due to LiDAR technology that the onboard computer can take over and take the driver's position. Automotive LiDAR sensor market participants are putting a lot of effort into the research and development of clever and distinctive business strategies to maintain their market leadership. Joint ventures and product development are some of these tactics.
Traditional methods of environmental detection can potentially result in inaccurate conditions assessments due to their inherent limitations. Within the context of the LiDAR system, this enables the creation of a 3D map of the surrounding area more expediently. It offers a reliable approach to land surveying. Through the use of Automotive LiDAR Sensors, it demonstrates an improved capability for automated processing. Data processing capabilities and image resolution are significantly more advanced than those of traditional approaches. These attributes give Automotive LiDAR Sensors a competitive advantage over its competitors. Thus, the advantages of LiDAR's innovative methods provided above the traditional ones are making a major market driver.
Mexico's road traffic fatalities have remained high in recent years, despite substantial efforts at national and subnational levels. This is noteworthy considering the country's population of almost 130 million. In the fiscal year of 2019, there were around 16,000 recorded fatalities. In addition, the lack of accountability among different sectors and institutions in Mexico has posed challenges for the federal government to accomplish intersectoral coordination and progress in road safety, leading to fatal and non-fatal traffic injuries. The increasing number of road accidents in the region presents a potential for growth in automotive LiDAR sensors as they can be implemented in vehicles with other safety systems to increase the vehicle's and passenger's overall safety, which will aid in greatly reducing accidents, leading to increased adoption and expansion of the market in North America.
The US market dominated the North America Automotive LiDAR Sensors Market by Country 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,292.2 Million by 2029. The Canada market is poised to grow at a CAGR of 34.3% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 33.2% during (2023 - 2029).
Based on Type, the market is segmented into Time of Flight (ToF), and Frequency-Modulated-Continuous-Wave (FMCW). Based on Technology, the market is segmented into Solid-state, and Electro-mechanical. Based on Vehicle Type, the market is segmented into Internal Combustion Engine (ICE), Hybrid, and Battery Electric. Based on Image Type, the market is segmented into 2 Dimensional, and 3 Dimensional. Based on Application, the market is segmented into Semi-autonomous Vehicles, and Autonomous Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Automotive LiDAR Sensors Market is Projected to reach USD 5.3 Billion by 2029, at a CAGR of 32.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Continental AG, Denso Corporation, Ouster, Inc., HELLA GmbH & Co. KGaA, First Sensor AG (TE Connectivity Ltd.), Texas Instruments, Inc., KUBOTA Corporation, Quanergy Systems, Inc. and LeddarTech Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Time of Flight (ToF)
- Frequency-Modulated-Continuous-Wave (FMCW)
By Technology
- Solid-state
- Electro-mechanical
By Vehicle Type
- Internal Combustion Engine (ICE)
- Hybrid
- Battery Electric
By Image Type
- 2 Dimensional
- 3 Dimensional
By Application
- Semi-autonomous Vehicles
- Autonomous Vehicles
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Ouster, Inc.
- HELLA GmbH & Co. KGaA
- First Sensor AG (TE Connectivity Ltd.)
- Texas Instruments, Inc.
- KUBOTA Corporation
- Quanergy Systems, Inc.
- LeddarTech Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Automotive LiDAR Sensors Market, by Type
1.4.2 LAMEA Automotive LiDAR Sensors Market, by Technology
1.4.3 LAMEA Automotive LiDAR Sensors Market, by Vehicle Type
1.4.4 LAMEA Automotive LiDAR Sensors Market, by Image Type
1.4.5 LAMEA Automotive LiDAR Sensors Market, by Application
1.4.6 LAMEA Automotive LiDAR Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2022
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Nov – 2023, Jan) Leading Players
Chapter 4. LAMEA Automotive LiDAR Sensors Market by Type
4.1 LAMEA Time of Flight (ToF) Market by Country
4.2 LAMEA Frequency-Modulated-Continuous-Wave (FMCW) Market by Country
Chapter 5. LAMEA Automotive LiDAR Sensors Market by Technology
5.1 LAMEA Solid-state Market by Country
5.2 LAMEA Electro-mechanical Market by Country
Chapter 6. LAMEA Automotive LiDAR Sensors Market by Vehicle Type
6.1 LAMEA Internal Combustion Engine (ICE) Market by Country
6.2 LAMEA Hybrid Market by Country
6.3 LAMEA Battery Electric Market by Country
Chapter 7. LAMEA Automotive LiDAR Sensors Market by Image Type
7.1 LAMEA 2 Dimensional Market by Country
7.2 LAMEA 3 Dimensional Market by Country
Chapter 8. LAMEA Automotive LiDAR Sensors Market by Application
8.1 LAMEA Semi-autonomous Vehicles Market by Country
8.2 LAMEA Autonomous Vehicles Market by Country
Chapter 9. LAMEA Automotive LiDAR Sensors Market by Country
9.1 Brazil Automotive LiDAR Sensors Market
9.1.1 Brazil Automotive LiDAR Sensors Market by Type
9.1.2 Brazil Automotive LiDAR Sensors Market by Technology
9.1.3 Brazil Automotive LiDAR Sensors Market by Vehicle Type
9.1.4 Brazil Automotive LiDAR Sensors Market by Image Type
9.1.5 Brazil Automotive LiDAR Sensors Market by Application
9.2 Argentina Automotive LiDAR Sensors Market
9.2.1 Argentina Automotive LiDAR Sensors Market by Type
9.2.2 Argentina Automotive LiDAR Sensors Market by Technology
9.2.3 Argentina Automotive LiDAR Sensors Market by Vehicle Type
9.2.4 Argentina Automotive LiDAR Sensors Market by Image Type
9.2.5 Argentina Automotive LiDAR Sensors Market by Application
9.3 UAE Automotive LiDAR Sensors Market
9.3.1 UAE Automotive LiDAR Sensors Market by Type
9.3.2 UAE Automotive LiDAR Sensors Market by Technology
9.3.3 UAE Automotive LiDAR Sensors Market by Vehicle Type
9.3.4 UAE Automotive LiDAR Sensors Market by Image Type
9.3.5 UAE Automotive LiDAR Sensors Market by Application
9.4 Saudi Arabia Automotive LiDAR Sensors Market
9.4.1 Saudi Arabia Automotive LiDAR Sensors Market by Type
9.4.2 Saudi Arabia Automotive LiDAR Sensors Market by Technology
9.4.3 Saudi Arabia Automotive LiDAR Sensors Market by Vehicle Type
9.4.4 Saudi Arabia Automotive LiDAR Sensors Market by Image Type
9.4.5 Saudi Arabia Automotive LiDAR Sensors Market by Application
9.5 South Africa Automotive LiDAR Sensors Market
9.5.1 South Africa Automotive LiDAR Sensors Market by Type
9.5.2 South Africa Automotive LiDAR Sensors Market by Technology
9.5.3 South Africa Automotive LiDAR Sensors Market by Vehicle Type
9.5.4 South Africa Automotive LiDAR Sensors Market by Image Type
9.5.5 South Africa Automotive LiDAR Sensors Market by Application
9.6 Nigeria Automotive LiDAR Sensors Market
9.6.1 Nigeria Automotive LiDAR Sensors Market by Type
9.6.2 Nigeria Automotive LiDAR Sensors Market by Technology
9.6.3 Nigeria Automotive LiDAR Sensors Market by Vehicle Type
9.6.4 Nigeria Automotive LiDAR Sensors Market by Image Type
9.6.5 Nigeria Automotive LiDAR Sensors Market by Application
9.7 Rest of LAMEA Automotive LiDAR Sensors Market
9.7.1 Rest of LAMEA Automotive LiDAR Sensors Market by Type
9.7.2 Rest of LAMEA Automotive LiDAR Sensors Market by Technology
9.7.3 Rest of LAMEA Automotive LiDAR Sensors Market by Vehicle Type
9.7.4 Rest of LAMEA Automotive LiDAR Sensors Market by Image Type
9.7.5 Rest of LAMEA Automotive LiDAR Sensors Market by Application
Chapter 10. Company Profiles
10.1 Robert Bosch GmbH
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Continental AG
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 First Sensor AG (TE Connectivity Ltd.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 SWOT Analysis
10.4 Denso Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Geographical Expansions:
10.5 Ouster, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.5.3 Acquisition and Mergers:
10.5.5.4 Geographical Expansions:
10.6 HELLA GmbH & Co. KGaA
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.7 Texas Instruments, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.8 KUBOTA Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.9 Quanergy Systems, Inc.
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.9.2.2 Product Launches and Product Expansions:
10.10. LeddarTech Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
10.10.2.2 Product Launches and Product Expansions:
10.10.2.3 Acquisition and Mergers:
TABLE 1 North America Automotive LiDAR Sensors Market, 2019 - 2022, USD Million
TABLE 2 North America Automotive LiDAR Sensors Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive LiDAR Sensors Market
TABLE 4 Product Launches And Product Expansions– Automotive LiDAR Sensors Market
TABLE 5 Acquisition and Mergers– Automotive LiDAR Sensors Market
TABLE 6 Geographical expansions – Automotive LiDAR Sensors Market
TABLE 7 North America Automotive LiDAR Sensors Market by Type, 2019 - 2022, USD Million
TABLE 8 North America Automotive LiDAR Sensors Market by Type, 2023 - 2029, USD Million
TABLE 9 North America Time of Flight (ToF) Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Time of Flight (ToF) Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Frequency-Modulated-Continuous-Wave (FMCW) Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Frequency-Modulated-Continuous-Wave (FMCW) Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Automotive LiDAR Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 14 North America Automotive LiDAR Sensors Market by Technology, 2023 - 2029, USD Million
TABLE 15 North America Solid-state Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Solid-state Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Electro-mechanical Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Electro-mechanical Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Automotive LiDAR Sensors Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 20 North America Automotive LiDAR Sensors Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 21 North America Internal Combustion Engine (ICE) Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Internal Combustion Engine (ICE) Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Hybrid Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Hybrid Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Battery Electric Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Battery Electric Market by Country, 2023 - 2029, USD Million
TABLE 27 North America Automotive LiDAR Sensors Market by Image Type, 2019 - 2022, USD Million
TABLE 28 North America Automotive LiDAR Sensors Market by Image Type, 2023 - 2029, USD Million
TABLE 29 North America 2 Dimensional Market by Country, 2019 - 2022, USD Million
TABLE 30 North America 2 Dimensional Market by Country, 2023 - 2029, USD Million
TABLE 31 North America 3 Dimensional Market by Country, 2019 - 2022, USD Million
TABLE 32 North America 3 Dimensional Market by Country, 2023 - 2029, USD Million
TABLE 33 North America Automotive LiDAR Sensors Market by Application, 2019 - 2022, USD Million
TABLE 34 North America Automotive LiDAR Sensors Market by Application, 2023 - 2029, USD Million
TABLE 35 North America Semi-autonomous Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Semi-autonomous Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 37 North America Autonomous Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Autonomous Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 39 North America Automotive LiDAR Sensors Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Automotive LiDAR Sensors Market by Country, 2023 - 2029, USD Million
TABLE 41 US Automotive LiDAR Sensors Market, 2019 - 2022, USD Million
TABLE 42 US Automotive LiDAR Sensors Market, 2023 - 2029, USD Million
TABLE 43 US Automotive LiDAR Sensors Market by Type, 2019 - 2022, USD Million
TABLE 44 US Automotive LiDAR Sensors Market by Type, 2023 - 2029, USD Million
TABLE 45 US Automotive LiDAR Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 46 US Automotive LiDAR Sensors Market by Technology, 2023 - 2029, USD Million
TABLE 47 US Automotive LiDAR Sensors Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 48 US Automotive LiDAR Sensors Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 49 US Automotive LiDAR Sensors Market by Image Type, 2019 - 2022, USD Million
TABLE 50 US Automotive LiDAR Sensors Market by Image Type, 2023 - 2029, USD Million
TABLE 51 US Automotive LiDAR Sensors Market by Application, 2019 - 2022, USD Million
TABLE 52 US Automotive LiDAR Sensors Market by Application, 2023 - 2029, USD Million
TABLE 53 Canada Automotive LiDAR Sensors Market, 2019 - 2022, USD Million
TABLE 54 Canada Automotive LiDAR Sensors Market, 2023 - 2029, USD Million
TABLE 55 Canada Automotive LiDAR Sensors Market by Type, 2019 - 2022, USD Million
TABLE 56 Canada Automotive LiDAR Sensors Market by Type, 2023 - 2029, USD Million
TABLE 57 Canada Automotive LiDAR Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 58 Canada Automotive LiDAR Sensors Market by Technology, 2023 - 2029, USD Million
TABLE 59 Canada Automotive LiDAR Sensors Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 60 Canada Automotive LiDAR Sensors Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 61 Canada Automotive LiDAR Sensors Market by Image Type, 2019 - 2022, USD Million
TABLE 62 Canada Automotive LiDAR Sensors Market by Image Type, 2023 - 2029, USD Million
TABLE 63 Canada Automotive LiDAR Sensors Market by Application, 2019 - 2022, USD Million
TABLE 64 Canada Automotive LiDAR Sensors Market by Application, 2023 - 2029, USD Million
TABLE 65 Mexico Automotive LiDAR Sensors Market, 2019 - 2022, USD Million
TABLE 66 Mexico Automotive LiDAR Sensors Market, 2023 - 2029, USD Million
TABLE 67 Mexico Automotive LiDAR Sensors Market by Type, 2019 - 2022, USD Million
TABLE 68 Mexico Automotive LiDAR Sensors Market by Type, 2023 - 2029, USD Million
TABLE 69 Mexico Automotive LiDAR Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 70 Mexico Automotive LiDAR Sensors Market by Technology, 2023 - 2029, USD Million
TABLE 71 Mexico Automotive LiDAR Sensors Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 72 Mexico Automotive LiDAR Sensors Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 73 Mexico Automotive LiDAR Sensors Market by Image Type, 2019 - 2022, USD Million
TABLE 74 Mexico Automotive LiDAR Sensors Market by Image Type, 2023 - 2029, USD Million
TABLE 75 Mexico Automotive LiDAR Sensors Market by Application, 2019 - 2022, USD Million
TABLE 76 Mexico Automotive LiDAR Sensors Market by Application, 2023 - 2029, USD Million
TABLE 77 Rest of North America Automotive LiDAR Sensors Market, 2019 - 2022, USD Million
TABLE 78 Rest of North America Automotive LiDAR Sensors Market, 2023 - 2029, USD Million
TABLE 79 Rest of North America Automotive LiDAR Sensors Market by Type, 2019 - 2022, USD Million
TABLE 80 Rest of North America Automotive LiDAR Sensors Market by Type, 2023 - 2029, USD Million
TABLE 81 Rest of North America Automotive LiDAR Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 82 Rest of North America Automotive LiDAR Sensors Market by Technology, 2023 - 2029, USD Million
TABLE 83 Rest of North America Automotive LiDAR Sensors Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 84 Rest of North America Automotive LiDAR Sensors Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 85 Rest of North America Automotive LiDAR Sensors Market by Image Type, 2019 - 2022, USD Million
TABLE 86 Rest of North America Automotive LiDAR Sensors Market by Image Type, 2023 - 2029, USD Million
TABLE 87 Rest of North America Automotive LiDAR Sensors Market by Application, 2019 - 2022, USD Million
TABLE 88 Rest of North America Automotive LiDAR Sensors Market by Application, 2023 - 2029, USD Million
TABLE 89 key information – Robert Bosch GmbH
TABLE 90 Key Information – Continental AG
TABLE 91 Key Information – First Sensor AG
TABLE 92 key information – Denso Corporation
TABLE 93 Key Information –Ouster, Inc.
TABLE 94 key information – HELLA GmbH & Co. KGaA
TABLE 95 Key Information – Texas Instruments, Inc.
TABLE 96 Key Information – KUBOTA Corporation
TABLE 97 Key Information – Quanergy Systems, Inc.
TABLE 98 Key Information – LeddarTech Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2022
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions : 2019, Nov – 2023, Jan) Leading Players
FIG 6 Swot analysis: Robert Bosch GmbH
FIG 7 SWOT Analysis: Continental AG
FIG 8 SWOT Analysis: TE Connectivity Ltd.
FIG 9 Recent strategies and developments: Denso Corporation
FIG 10 Recent strategies and developments: Ouster, Inc.
FIG 11 Recent strategies and developments: Quanergy Systems, Inc.
FIG 12 Recent strategies and developments: LeddarTech Inc.