In a recent published report, Kenneth Research has updated the market report for Automotive LiDAR Sensor Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Automotive LiDAR Sensor Market products.
Kenneth Research has added a report on Automotive LiDAR Sensor Market that involves the analysis of the product demand and market on the basis of various factors and by using different analytical tools for the forecast period 2021 2025
A comprehensive research report created through extensive primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Automotive LiDAR Sensors Market.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Global Automotive LiDAR market is expected to value at USD 13,931.0 Million and Global shipment is expected to reach by 23,945 thousand units by the year 2030. Globally, the market for Automotive LiDAR Sensors will likely to grow on a swift pace on the back of escalating production of ADAS cars and testing of Autonomous cars in major economies of the world such as China, Germany, US, Japan, South Korea, France among others and growing awareness regarding increasing road fatalities with sensor manufacturers stressing upon providing convenience, safety and security to drivers and passengers. Additionally, huge investments in research and development of vehicle intelligence and autonomy is expanding phenomenally across the global automotive sector.
The report titled “Global Automotive LiDAR Sensors Market – Analysis By Vehicle Type (Autonomous Car, ADAS Cars), By Technology (Mechanical LiDAR-Small form factor, Mechanical LiDAR-Large form factor, Solid State, MEMS, Flash LiDAR), By Country (United States, Germany, China, Japan, Rest of the World) : Opportunities and Forecast (2017-2030)” has covered and analysed the potential of Global Automotive LiDAR market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation.
Scope of the Report
Global Automotive LiDAR Sensors Market, (Actual Period: 2017-2018, Forecast Period: 2019-2030)
• Analysis by Vehicle Type – Autonomous Cars, ADAS Cars
• Analysis by Technology – Mechanical LiDAR-Small form factor, Mechanical LiDAR-Large form factor, Solid State, MEMS, Flash LiDAR
• Competitive Landscape – Competitive Analysis, Merger & Acquisitions
Country Analysis – Automotive LiDAR Sensors Market – United States, Germany, China, and Japan (Actual Period: 2017-2018, Forecast Period: 2019-2030
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Other Report Highlights
Market Dynamics – Trends, Drivers, Challenges
Company Analysis – Velodyne,. Teledyne Optech, Trimble Inc, Leddar Tech, LeiShen Intelligent Sensor Co, AEye (former US LADAR) , Argo AI, Blackmore, Benewake, Cepton Technologies, Espros Photonics Corp, Excelitas Technologies , Fastree 3D
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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