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Automotive 3D Light Detection and Ranging Market is projected to grow USD 1860.6 million by 2028 at a CAGR of 12.8%

Automotive 3D Light Detection and Ranging Market is projected to grow USD 1860.6 million by 2028 at a CAGR of 12.8%

The global Automotive 3d Light Detection and Ranging (LiDAR) Market is projected to grow from USD 750.3 million in 2021 to USD 1860.6 million by 2028 at a CAGR of 12.8% during the forecast period. The growing demand for 3D imagery in a variety of applications, including topographical surveys, military and defense, and civil engineering, is expected to drive the market forward. Textured 3D imagery is utilized in 3D mapping, corridor mapping, city planning, and other applications. The number of enhanced safety features being installed is growing at an exponential rate. In countries such as the United States, self-driving cars utilizing LiDAR for GPS and navigation have been certified by the government.

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A strong research methodology employed in the winning Automotive 3D Light Detection and Ranging Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.

The report provides a comprehensive analysis of company profiles listed below:


FARO Technologies, Inc.


RIEGL Laser Measurement Systems GmbH


Teledyne Technologies Incorporated.

Trimble Inc.

Velodyne Lidar, Inc.


Riegl USA

Type Analysis of World Wide Market:

Mechanical/Scanning Lidar

Solid-State Lidar

Segmentation of global Automotive 3D Light Detection and Ranging Market by Application:

Traffic Sign Recognition (TSR)

Lane Departure Warning (LDW)

Road Vulnerability Detection

Surround View

Advanced Driver-Assistance System (ADAS)

Occupancy Detection

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Spain etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

• South America (Brazil, Argentina and Colombia etc.)

• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

This Automotive 3D Light Detection and Ranging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.

Objectives of the Study

• To define, describe, segment, and forecast the global Automotive 3D Light Detection and Ranging Market by technology, size, resolution, application, and region.

• To forecast the size of the Automotive 3D Light Detection and Ranging market in North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.

• To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges).

• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.

• To analyze market opportunities for stakeholders and provide details of the competitive leadership mapping for key players.

• To profile key players in the market and comprehensively analyze their core competencies and market shares.

• To track and analyze competitive developments such as acquisitions, product launches, collaborations, partnerships, agreements and expansions in the market.

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This research report gives detailed data about the major factors influencing the growth of the Automotive 3D Light Detection and Ranging market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.

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