(c) AZOTH Analytics October 2019
Global Automotive LiDAR Sensor Market: World
Market Review, Opportunities and Forecast
(2019-2030)
❖ Analysis by Market Value (In USD Million)
❖ Analysis by Volume (Thousand Units)
• By Vehicle Types : Autonomous Cars, 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
(c) AZOTH Analytics 2
Forecast Period 2019 - 2030
Au
tom
otive
LiD
AR
Se
nso
r M
ark
et
By Vehicle Type
Autonomous Cars
ADAS Cars
By Technology
Mechanical LiDAR, Small form factor
Mechanical LiDAR, Large form factor
Solid State, MEMS, Flash LiDAR
Country Analysis
o USAo Germanyo Chinao Japano Rest of the World
Global Market
Base Year : 2018Forecast Year : 2019-2030
Sample: Global LiDAR Sensor Market – Analysis By Vehicle type, Technology, Countries.
(c) AZOTH Analytics
Table of Content
3
S.No Particulars Page No.
1. Research Methodology 10
2. Executive Summary 11
3. Global Automotive LiDAR Industry Overview 12
3.1 LiDAR Sensor’s Principle & Components 13
3.2 Potential OEMs for LiDAR Sensor 14
3.3 Automotive LiDAR Sensor Ecosystem 16
4. Global Automotive LiDAR Sensor Market : An Analysis 21
4.1 Global Automotive LiDAR Sensor Market (USD Million) : Year 2017-2030 22
4.2 Global Automotive LiDAR Sensor Shipment (Thousand Units) : Year 2017-2030 28
4.3 Global Automotive LiDAR Sensor Market : Segment Analysis 29
4.3.1Global Automotive LiDAR Sensor Market (USD Million) : By Vehicle Type (Autonomous Cars, ADAS Cars)
31
4.3.2Global Automotive LiDAR Sensor Shipment (Thousand Units) : By Vehicle Type (Autonomous Cars, ADAS Cars)
35
4.3.3Market Attractiveness Chart of Global Automotive LiDAR Sensor Market - By Vehicle Type (Year-2030)
37
4.3.4Global Automotive LiDAR Sensor Market (USD Million) : By Technology Type (Mechanical LiDAR-Small Form Factor, Mechanical LiDAR-Large Form Factor, Solid State-MEMS-Flash LiDAR)
39
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Table of Content
4
S.No Particulars Page No.
4.3.5Global Automotive LiDAR Sensor Shipment (Thousand Units) : By Technology Type (Mechanical LiDAR, Solid State-MEMS-Flash LiDAR)
41
4.4 Global Automotive LiDAR Sensor Market : Country Analysis 42
4.4.1 Global Automotive LiDAR Sensor Market : Country Share – Year 2018 & 2030 43
4.4.2Market Opportunity Chart of Global Automotive LiDAR Sensor Market - By Country (Year-2030)
44
4.4.3 United States Automotive LiDAR Sensor Market (USD Million) : Year 2017-2030 45
4.4.4 Germany Automotive LiDAR Sensor Market (USD Million) : Year 2017-2030 48
4.4.5 China Automotive LiDAR Sensor Market (USD Million) : Year 2017-2030 51
4.4.6 Japan Automotive LiDAR Sensor Market (USD Million) : Year 2017-2030 54
4.4.7 Rest of the World Automotive LiDAR Sensor Market (USD Million) : Year 2017-2030 58
5.0 Global Automotive LiDAR Sensor : Market Dynamics 59
5.1 Market Drivers 60
5.2 Market Trends 65
5.3 Market Restraints 69
6.0 Global Automotive LiDAR Sensor : Competitive Landscape 70
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Table of Content
5
S.No Particulars Page No.
6.1 Competitive Analysis 71
6.2 Merger & Acquisition Analysis 78
6.3 SWOT Analysis 81
7.0 Company Profiling : 83
7.1 Teledyne Optech 84
7.2 Trimble Inc. 85
7.3 Velodyne 88
7.4 Leddar Tech 89
7.5 LeiShen Intelligent Sensor Co. 90
7.6 AEye (former US LADAR) 91
7.7 Argo AI 92
7.8 Blackmore 93
7.9 Benewake 94
7.10 Cepton Technologies 95
7.11 Espros Photonics Corp 96
7.12 Excelitas Technologies 97
7.13 Fastree 3D 98
8.0 About Us. 99
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List of Figures
Figure No. Figure Title
Figure 1: Taxonomy of LiDAR Sensor Techniques
Figure 2: Global Automotive LiDAR Sensor Market (USD Million) , 2017 -2030
Figure 3: Autonomous Vehicles and Investments in Intelligence
Figure 4: Investment in LiDAR technologies
Figure 5: Global Automotive LiDAR Sensor Shipment (Thousand Units) , 2017 -2030
Figure 6: Global Automotive LiDAR Sensor Market Split, By Component Type - 2018 (%)
Figure 7: Global Automotive LiDAR Sensor Market Size, By Component Type – 2030 (%)
Figure 8: Global Automotive LiDAR Sensor Market (USD Million)- By Vehicle Type , 2017 -2030
Figure 9: Market Penetration of ADAS Vehicles
Figure 10: Number of Patents in Autonomous Driving, Until 2017
Figure 11: Global Automotive LiDAR Sensor Shipment (Thousand Units) , 2017 -2030
Figure 12: Market Attractiveness Chart of Global Automotive LiDAR Sensor Market - By Vehicle Type (Year-2030)
Figure 13: Global Automotive LiDAR Sensor Market (USD Million) - By Technology Type, 2017-2030
Figure 14: Global Automotive LiDAR Sensor Shipment (In Thousand Units) - By Technology Type, 2017-2030
Figure 15: Global LiDAR Sensor Market, Regional Split, Year- 2018 (%)
Figure 16: Global LiDAR Sensor Market, Regional Split, Year – 2030 (%)
Figure 17: Market Opportunity Chart of Global Automotive LiDAR Sensor Market - By Country (Year-2030)
Figure 18: United States Automotive LiDAR Sensor Market (USD Million), 2017-2030
Figure 19: US Vehicles Involved in Fatal Crashes, By Vehicle Type, 2017, (In Units)
Figure 20: US’ Vehicles Involved in Fatal Crashes, By Vehicle Type, 2017, (In %)
6
(c) AZOTH Analytics
List of FiguresFigure No. Figure Title
Figure 21: US Total Road Fatalities, 2013-2017, ( In Number of People)
Figure 22: US Transportation Fuel Used, By Mode, 2016 (In %)
Figure 23: US Sale of All Vehicles, 2013-2017 (In Millions)
Figure 24: OEM’s Share of US Production, 2017 (In %)
Figure 25: US Production of All Vehicles, 2013-2017 (In Millions)
Figure 26: Germany Automotive LiDAR Sensor Market (USD Million), 2017-2030
Figure 27: Germany % of Urban Population,2013-2017 (In %)
Figure 28: Germany Production of Cars and LCV only, 2013-2018, (In Millions)
Figure 29: Germany Premium Car Production, A Comparison, By Countries, 2017, (In %)
Figure 30: Germany Sales of All Vehicles, 2013-2017 (In Millions)
Figure 31: China Automotive LiDAR Sensor Market (USD Million), 2017-2030
Figure 32: China % of Urban Population,2013-2017 (In %)
Figure 33: China Production of All Vehicles, 2013-2018, (In Millions)
Figure 34: China Total CO2 Emissions, 2013-2016, (In MtCO2)
Figure 35: China Sales of All Vehicles, 2013-2017 (In Millions)
Figure 36: Japan Automotive LiDAR Sensor Market (USD Million), 2017-2030
Figure 37: Japan % of Urban Population, 2013-2017 (In %)
Figure 38: Japan Production of All Vehicles, 2013-2018, (In Millions)
Figure 39: Japan Total CO2 Emissions, 2013-2016, (In MtCO2)
Figure 40: Japan Sales of All Vehicles, 2013-2017 (In Millions)
7
(c) AZOTH Analytics
List of Figures
Figure No. Figure Title
Figure 41:Japan New Motor Vehicle Registrations, By Type, 2017 (In %)
Figure 42: Japan Motor Vehicles in Use, By Type, 2017, (In %)
Figure 43: Japan New Motor Vehicle Registrations, By Type, 2017 (In %)
Figure 44: Rest of World Automotive LiDAR Sensor Market (USD Million), 2017-2030
Figure 45: Trimble, Annual Sales Revenue,2014-2018 (USD Million)
Figure 46: Trimble Inc., Annual Net Income/Loss, 2014-2018 (USD Million)
Figure 47: Trimble Inc., Sales Revenue, By Geographic Segment, FY2018 (%)
Figure 48: Trimble Inc., Sales Revenue ,By End User Segment, FY2018 (%)
8
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List of Tables
Figure No. Table Title
Table A:Automotive LiDAR Sensor Manufacturers
Table B: Automotive LiDAR Sensors Comparison Chart
Table C: Main Partnership of Car Manufacturers with LIDAR Developers
Table D: Level of Automation and Sensors built in Automobiles
Table E: Pros & Cons of LiDAR Technology
Table F: Company profiles
Table G: Merger & Acquisition Analysis
9
(c) AZOTH Analytics
Research Methodology
For our study on Global Automotive LiDAR Sensor Market, we have conducted comprehensive
secondary research followed by an extensive primary research. In the process of secondary research,
we have scrutinized industry documents, accessed from open sources, premium paid databases
(Bloomberg, Thomson Reuters, Factiva) and our internal knowledge base. In the process of primary
research, we have interviewed various industry experts across the value chain of the LiDAR Sensor
market.
Market size of the historical period has been evaluated on the basis of growth trends of the industry
and confirming the findings through primary research. Annual reports of the companies are scanned
to further validate the market size and to estimate the size of various other end-user sectors.
Market sizing and growth in the forecast period (2019-2030) is estimated through macro-economic
factors, product penetration rate, product mapping, application in end-user industries, growth of
allied sectors and historical growth pattern of the industry. All the relevant data points/ statistics in
the forecast period are validated through relevant and reliable primary sources.
Report Focus: Global LiDAR Sensor Market
- By Vehicle Type : (Autonomous Cars, 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, ROW)
- Company Coverage :(Velodyne. Teledyne Optech, Trimble Inc, Leddar Tech, LeiShen Intelligent Sensor Co, AEye (former US LADAR) , Argo AI, Blackmore, Benewake, Cepton Technologies, EsprosPhotonics Corp, Excelitas Technologies , Fastree 3D )
10
(c) AZOTH Analytics
Executive Summary
Competitive LandscapeVelodyne,. 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
Market Drivers & Challenges
• Drivers
➢ Escalating demand for passenger
vehicles.
➢ Advancement in artificial intelligence
➢ Increasing concern for safety and
security.
➢ Emerging technological advances.
• Challenges
➢ High Sensor cost
Trends
11
• Global Automotive LiDAR Sensor market is
projected to grow at a significant CAGR of
26.82% by value during 2019-2030, mainly
due to rise in the development of
Autonomous and ADAS passenger cars.
• Global LiDAR Sensor market will expected to
reach a market value of USD 13,931.0 Million
and volume shipment of 23,945 thousand
units by 2030.
➢ Rising adoption of MEMS
Technology by Automakers.
➢ Advances in sensor types and
Emerging sensor applications.
➢ Emergence of Electro Mobility.
(c) AZOTH Analytics
Global Automotive LiDAR Sensor Industry Overview
13
LiDAR Sensor’s Principle & Components :
The basic working principle of the LiDAR is very simple. A light source illuminates a scene. The light scattered by the objects of the
scene is detected by a photo detector. Measuring the time it takes for the light to travel to the object and back from it, allows to know
its distance.
Optics
Light ScannerOr
Light DiffuserLight Source
Optics Photo DetectorSignal
Processor
Computing Unit
Laser Beam
Distance = Time * Velocity of Light
3 D Point Cloud
LiDAR Sensor
Scene under exposure
(c) AZOTH Analytics 14
Potential OEMs for LiDAR Sensor :
EuropeUSA
Russia
China
Japan
Global Automotive LiDAR Sensor Industry Overview
(c) AZOTH Analytics 15
Automotive LiDAR Manufacturers
U.S.A
Velodyne , Blackmore, Argo, Luminar, Sense
Photonics, Ouster, Strobe, Quanergy, Cepton,
EYE, Ascar, Tetravue
Canada Leddar Tech , Neptec, Phantom Intelligence
Europe Continental, Valeo, IFM, Xenomatix, Bosch
China Sure Star, Benewake, Hesai,
Japan Omron, Denso, Pioneer, Panasonic
Israel Innoviz Technologies, Oryx
Australia Ocular Robotics
Table – A: Automotive LiDAR Sensor Manufacturers :
Global Automotive LiDAR Sensor Industry Overview
(c) AZOTH Analytics 16
Figure -1 : Taxonomy of LiDAR Sensor Techniques :
LiDAR
1D 2D/3D
Scanning Non-Scanning
MechanicalNon-
Mechanical
Non-MEMS MEMS
Macro- Mechanical Scanning
Risley Prims
Micro-Motion
Optical Phased Array
Electro-Optical
Liquid Crystal
Flash LiDARStructured
LightMulti-Cameras
Stereo-Vision
Automotive LiDAR Industry Overview
(c) AZOTH Analytics
Global Automotive LiDAR Sensor Market
18
Source: Azoth Analytics Estimates
Global Automotive LiDAR Sensor market is expected to grow at a CAGR of xx% during forecasted period between 2019-2030.
Market size of global LiDAR Sensor market in year 2018 is estimated at USD xx million and is expected to reach USD xx million by
year 2030.
Development of ADAS (Advanced driver-assistance Sensor) and autonomous vehicle …
xxx
xxx
Global LiDAR Sensor market exhibited robust growth due to accelerating research and development
projects of Autonomous and ADAS vehicles.
Figure 2 : Global Automotive LiDAR Sensor Market (USD Million) , 2017 -2030
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Forecast CAGR : 2019-2030
xx%
Y.o.Y, 2017-2018:
xx%
(c) AZOTH Analytics
Global Automotive LiDAR Sensor Market
19
Figure 3 : Autonomous Vehicles and Investments in Intelligence
Cruise Automation
HERE Technologies
Uber
Nuro
Zoox
Aurora Innovation
Geek+
Innoviz Technologies
Pony.ai
TuSimple
Quanergy Systems
Velodyne LiDAR
Roadstar.ai
Brain Crop
Zenuity
Others
Around USD x Billion has been invested in a
decade in Autonomous Vehicles and
Intelligence. About x% of the investment
alone comes in year 2018.
The investments ..
Xx
Xx
Xx
Xx
Xx
Xx
X
Xx
x
(c) AZOTH Analytics
Global Automotive LiDAR Sensor Market
20
Figure 4 : Investment in LiDAR technologies
Near USD 1 Billion investment in LiDAR technology ventures in last 3 years.
(c) AZOTH Analytics
Global Automotive LiDAR Sensor Market
21
Table D: Level of Automation and Sensors built in Automobiles
Level-1 Level-2 Level-3 Level-4 Level-5
Sensors :L-1
No. of Sensors
Ultrasound 4
RADAR (LRR)
1
SRR 2
Camera 1
Total 6-8
Sensors :L-2
No.ofSensors
Ultrasound 8
RADAR (LRR)
1
RADAR (SRR)
2-4
Camera 2-4
Total 17
Sensors :L-3
No.ofSensors
Ultrasound 8
RADAR (LRR) 2
RADAR (SRR) 4
Camera (LR) 2
Camera (Sur) 4
Camera (Stereo)
1
ubolo 1
LIDAR 1
DeadReckoning
1
Total 24-26
Sensors :L-4
No.Sensors
Ultrasound 8
RADAR (LRR) 2
RADAR (SRR)
4
Camera (Trifocal)
2-3
Camera (Sur)
4
Camera (Stereo)
1
ubolo 1
LIDAR 2-4
DeadReckoning
1
Total 25-28
Sensors :L-5
No.ofSensors
Ultrasound 8-10
RADAR (LRR) 2
RADAR (SRR) 4
Camera (LR) 2-3
Camera (Sur) 4
Camera (Stereo)
2
ubolo 1-2
LIDAR 4
DeadReckoning
1
Total 28-32
Lateral or Longitudinal Assistance
2012
Observation of Environment
2016Awareness for
Takeover
2018No Driver Interaction
2020
No Driver
>2025
(c) AZOTH Analytics
Global Automotive LiDAR Sensor Shipment
22
Source: Azoth Analytics Estimates
Global Automotive LiDAR shipments will grow ..
Xx
Xx
Xx
Xx
Xx
Rising investments in the field of research and development of autonomous vehicles drives the shipment
of LiDAR Sensor in future.
Figure 5 : Global Automotive LiDAR Sensor Shipment (Thousand Units) , 2017 -2030
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Forecast CAGR : 2019-2030
xx%
Y.o.Y, 2017-2018:
xx%
(c) AZOTH Analytics 23
Global Automotive LiDAR Sensor Market - Segment Analysis : By Vehicle Type
LiDAR Sensor Market :
By Vehicle Type
Autonomous Cars
ADAS Cars
(c) AZOTH Analytics
Global Automotive LiDAR Sensor Market –By Vehicle Type
24
Source: Azoth Analytics Estimates
Growth in demand of Automotive LiDAR Sensor ..
Xx
Xx
xx
Development of ADAS vehicles will grow faster in future on account of growing integration of monitoring,
braking, warning and steering tasks is expected to increase over the next decade.
Figure 8 : Global Automotive LiDAR Sensor Market (USD Million)- By Vehicle Type , 2017 -2030
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Autonomous Cars ADAS Cars
Forecast CAGR : 2019-2030
Autonomous Cars : xx%
ADAS Cars : xx%
Y.o.Y, 2017-2018
Autonomous Cars : xx%
ADAS Cars : xx%
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Autonomous Cars xx xx xx xx xx xx xx xx xx xx xx xx xx xx
ADAS Cars xx xx xx xx xx xx xx xx xx xx xx xx xx xx
(c) AZOTH Analytics 25
Autonomous Cars
Figure 12: Market Attractiveness Chart of Global Automotive LiDAR Sensor Market - By Vehicle Type (Year-2030)
Market demand of LiDAR sensors for autonomous cars will grow rapidly in comparison with ADAS vehicles due to emphasis by
leading automotive companies to produce fully autonomous cars by year 2025 across the globe.
CA
GR
(2
01
9-2
03
0)
Market Size ( Million Sq. Meter) in Year 2030
ADAS Cars
Market Attractiveness Chart of Global Automotive LiDAR Sensor Market : By Vehicle Type
(c) AZOTH Analytics 26
Global Automotive LiDAR Sensor Market - Segment Analysis : By Technology Type
LiDAR Sensor Market :
By Technology Type
Solid State & Flash LiDAR
Mechanical LiDAR
(c) AZOTH Analytics
Source: Azoth Analytics Estimates
Figure 13: Global Automotive LiDAR Sensor Market (USD Million) - By Technology Type, 2017-2030
Global Automotive LiDAR Sensor Market : By Technology Type
27
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Mechanical LiDAR, Small form factor Mechanical LiDAR, Large form factor Solid State, MEMS, Flash LiDAR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Mechanical LiDAR, Small form factor
xx xx xx xx xx xx xx xx xx xx xx xx xx xx
Mechanical LiDAR, Large form factor
xx xx xx xx xx xx xx xx xx xx xx xx xx xx
Solid State, MEMS, Flash LiDAR
xx xx xx xx xx xx xx xx xx xx xx xx xx xx
Forecast CAGR : 2019-2030
Mechanical LiDAR, Small form factor : xx%
Mechanical LiDAR, Large form factor : xx%
Forecast CAGR : 2022-2030
Solid State, MEMS, Flash LiDAR : xx%
(c) AZOTH Analytics 28
U.S.A
Figure 17 : Market Opportunity Chart of Global Automotive LiDAR Sensor Market - By Country (Year-2030)
Germany will remain ..
Xx
xx
CA
GR
(2
01
9-2
03
0)
Market Size ( Million Sq. Meter) in Year 2024
Germany
Market Opportunity Chart of Global Automotive LiDAR Sensor Market : By Country
China
Japan
ROW
(c) AZOTH Analytics
United States Automotive LiDAR Sensor Market
29
Source: Azoth Analytics Estimates
United States LiDAR Sensor market ..
Xx
Xx
Xx
Xx
Xx
Xx
Growing trend of autonomous and ADAS Cars in United States lift the market of LiDAR sensors in United
States.
Figure 18: United States Automotive LiDAR Sensor Market (USD Million), 2017-2030
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Forecast CAGR : 2019-2030
xx%
Y.o.Y, 2017-2018:
xx%
(c) AZOTH Analytics
About Azoth Analytics Pvt Ltd.
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