The research uses extensive secondary sources, such as company annual reports/presentations, industry association publications, magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases, to identify and collect information on the automotive LiDAR market. Primary sources, such as experts from related industries, OEMs, and suppliers, have been interviewed to obtain and verify critical information and assess the growth prospects and market estimations.
Secondary Research
Secondary sources for this research study include corporate filings, such as annual reports, investor presentations, and financial statements; trade, business, and professional associations; whitepapers and autonomous vehicles and ADAS-related journals; certified publications; articles by recognized authors; directories; and databases. Secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.
Primary Research
After understanding the automotive LiDAR market scenario through secondary research, extensive primary research has been conducted. Primary interviews have been conducted with market experts from both demand and supply sides across North America, Europe, and Asia Pacific. Approximately 35% of interviews have been conducted from the demand side, while 65% of primary interviews have been conducted from the supply side. The primary data has been collected through questionnaires, emails, and telephone interviews.
In the canvassing of primaries, various departments within organizations, such as sales and operations, have been covered to provide a holistic viewpoint in this report. Primary sources from the supply side include various industry experts, such as CXOs, vice presidents, directors from business development, marketing, product development/innovation teams, and related key executives from various key companies. Various system integrators, industry associations, independent consultants/industry veterans, and key opinion leaders have also been interviewed.
Note: Others include sales, managers, and product managers.
Company tiers are based on the value chain; the company's revenue is not considered.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Multiple approaches were adopted for estimating and forecasting the web content management market. The first approach involves estimating the market size by companies’ revenue generated through the sale of WCM products.
Market Size Estimation Methodology- Top-down approach
Both top-down and bottom-up approaches were used to estimate and validate the total size of the automotive LiDAR market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
Automotive LiDAR Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size of the global market through the methodology mentioned above, this market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact market value data for the key segments and sub-segments, wherever applicable. The extrapolated market data was triangulated by studying various macro indicators and regional trends from both the demand and supply-side participants.
Market Definition
According to Texas Instruments, LiDAR is a sensing technology that detects objects and maps their distances. The technology works by illuminating a target with an optical pulse and measuring the characteristics of the reflected return signal.
Stakeholders
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ADAS System Manufacturers
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Automobile Original Equipment Manufacturers (OEMs)
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Automotive Parts Manufacturers’ Association (APMA)
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Automotive Component Manufacturers
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Governments, Financial Institutions, and Investment Communities
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European Automobile Manufacturers Association (ACEA)
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LiDAR Hardware Suppliers
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LiDAR Software Suppliers
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LiDAR System Integrators
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Manufacturers of Automotive LiDAR Microprocessors
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Original Device Manufacturer (ODM) and OEM Technology Solution Providers
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National Highway Traffic Safety Administration (NHTSA)
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Raw Material and Manufacturing Equipment Suppliers
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Research Institutes and Organizations
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Semiconductor Foundries
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Technology Investors
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Technology Standards Organizations, Forums, Alliances, and Associations
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Vehicle Safety Regulatory Bodies
Report Objectives
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To analyze and forecast the automotive LiDAR market in terms of volume (thousand units) and value (USD million) from 2024 to 2030
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To segment the market by Technology, Image Type, ICE Vehicle Type, Location, Electric Vehicle, Range, Laser Wavelength, Measurement Process, Level of Autonomy, and region
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To segment and forecast the market by Technology (Mechanical LiDAR and Solid-state LiDAR)
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To segment and forecast the market by Image Type (2D and 3D)
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To segment and forecast the market by ICE Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles)
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To segment and forecast the market by Location (Bumper & Grill, Headlight & Taillight, Roof & Upper Pillars, and Others)
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To segment and forecast the market by Electric Vehicle Type (Battery Electric Vehicles, Plug-In Hybrid Electric Vehicles, Fuel Cell Electric Vehicles, and Hybrid Electric Vehicles)
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To segment and forecast the market by Range (Short and Mid-range and Long-range)
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To segment and forecast the market by Laser Wavelength (Near Infrared, Short-wave Infrared, and Long-wave Infrared)
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To segment and forecast the market by Measurement Process (Frequency Modulated Continuous Process and Time of Flight)
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To segment and forecast the market by Level of Autonomy (Semi-autonomous and Autonomous)
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To forecast the market by region (North America, Europe, and Asia Pacific)
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To identify and analyze key drivers, challenges, restraints, and opportunities influencing the market growth
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To strategically analyze the market for individual growth trends, prospects, and contributions to the total market
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To study the following with respect to the market
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Pricing Analysis
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Investment and Funding Scenario
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Value Chain Analysis
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Ecosystem Analysis
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Technology Analysis
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HS Code
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Case Study Analysis
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Patent Analysis
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Regulatory Landscape
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Key Stakeholders and Buying Criteria
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Key Conferences and Events
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To strategically profile the key players and comprehensively analyze their market share and core competencies
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To analyze the impact of AI on the market
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To track and analyze competitive developments such as deals, product launches/developments, expansions, and other activities undertaken by the key industry participants
Available Customizations
With the given market data, MarketsandMarkets offers customizations in accordance with the company's specific needs.
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Additional Company Profiles (Up to 5)
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Global Automotive LiDAR market, By Level of Autonomy, at Country Level
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