Abstract
Summary
ADAS Lidar is a radar system used in the automotive industry that emits laser beams to detect the position, velocity, and other characteristic quantities of targets. Its working principle is to transmit a detection signal (laser beam) to the target, and then compare the received signal (target echo) reflected from the target with the transmitted signal, and after proper processing, the relevant information of the target can be obtained, such as Parameters such as target distance, bearing, height, speed, attitude, and even shape can be used to detect, track, identify and avoid targets.
The global market for ADAS Lidars was estimated to be worth US$ 562 million in 2023 and is forecast to a readjusted size of US$ 3064.7 million by 2030 with a CAGR of 28.7% during the forecast period 2024-2030
The ADAS Lidars (Light Detection and Ranging) market is driven by several factors that contribute to the adoption and growth of lidar technology in autonomous vehicles. Some key drivers include:
Advancements in Autonomous Driving: The rapid evolution of autonomous driving technology has led to increased demand for reliable and accurate sensor systems like lidar. Lidar provides crucial data for perception and mapping in autonomous vehicles.
Enhanced Perception and Safety: Lidar sensors offer high-resolution 3D mapping of the surrounding environment, enabling vehicles to accurately perceive their surroundings and make informed decisions, ultimately enhancing safety.
Improved Object Detection and Tracking: Lidar's ability to precisely detect and track objects, even in challenging lighting and weather conditions, is vital for safe autonomous navigation.
Reduction in Accidents and Fatalities: ADAS Lidars systems contribute to reducing the number of accidents caused by human error, which remains a significant concern in road safety.
Development of Level 3 to Level 5 Autonomous Vehicles: Advanced autonomous vehicles, ranging from conditional automation (Level 3) to full automation (Level 5), rely on lidar to enable safe navigation, particularly in complex urban environments.
Regulatory Support and Standards: Governments and regulatory bodies in various regions are recognizing the potential of lidar technology for autonomous vehicles and are developing supportive regulations and standards.
Investment in Research and Development: Continuous research and development efforts to improve lidar technology, reduce costs, and enhance performance have propelled its adoption in the autonomous driving industry.
Partnerships and Collaborations: Automotive manufacturers and technology companies are forming strategic partnerships to integrate lidar technology into their autonomous vehicle platforms, accelerating its market penetration.
Urbanization and Traffic Congestion: The increasing urban population and traffic congestion drive the demand for autonomous vehicles that can navigate efficiently and safely in complex urban environments.
Data-Driven Approach: Lidar sensors generate vast amounts of data, contributing to the development of more accurate maps and machine learning algorithms for autonomous vehicle decision-making.
Rise of Mobility-as-a-Service (MaaS): The transition from vehicle ownership to mobility-as-a-service models is expected to drive the demand for safe and efficient autonomous vehicles, boosting the need for lidar technology.
Consumer Demand for Autonomous Features: Consumer interest in advanced driver assistance systems (ADAS) and autonomous driving features encourages automakers to integrate lidar for enhanced capabilities.
Pilot Programs and Testing: Autonomous vehicle pilot programs and testing, conducted by technology companies and automakers, showcase the viability of lidar-equipped vehicles in real-world scenarios.
Competitive Landscape: Competition among lidar manufacturers and technology providers drives innovation, performance improvement, and cost reduction.
Global Electric and Autonomous Vehicle Trends: The global shift towards electric vehicles and autonomous driving aligns with the integration of lidar technology to create sustainable and safe transportation solutions.
Report Scope
This report aims to provide a comprehensive presentation of the global market for ADAS Lidars, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of ADAS Lidars by region & country, by Type, and by Application.
The ADAS Lidars market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ADAS Lidars.
Market Segmentation
By Company
Velodyne Lidar
Valeo
Luminar Technologies
DENSO
Continental AG
Cepton
Innoviz
Ibeo
Livox (SZ DJI)
RoboSense
Hesai Technology
Innovusion
Huawei
Segment by Type:
Mechanical Type
Semi-Solid Type
Solid State Type
Others
Segment by Application
BEV
PHEV
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of ADAS Lidars manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of ADAS Lidars in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of ADAS Lidars in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
The global market for ADAS Lidars was estimated to be worth US$ 562 million in 2023 and is forecast to a readjusted size of US$ 3064.7 million by 2030 with a CAGR of 28.7% during the forecast period 2024-2030
The ADAS Lidars (Light Detection and Ranging) market is driven by several factors that contribute to the adoption and growth of lidar technology in autonomous vehicles. Some key drivers include:
Advancements in Autonomous Driving: The rapid evolution of autonomous driving technology has led to increased demand for reliable and accurate sensor systems like lidar. Lidar provides crucial data for perception and mapping in autonomous vehicles.
Enhanced Perception and Safety: Lidar sensors offer high-resolution 3D mapping of the surrounding environment, enabling vehicles to accurately perceive their surroundings and make informed decisions, ultimately enhancing safety.
Improved Object Detection and Tracking: Lidar's ability to precisely detect and track objects, even in challenging lighting and weather conditions, is vital for safe autonomous navigation.
Reduction in Accidents and Fatalities: ADAS Lidars systems contribute to reducing the number of accidents caused by human error, which remains a significant concern in road safety.
Development of Level 3 to Level 5 Autonomous Vehicles: Advanced autonomous vehicles, ranging from conditional automation (Level 3) to full automation (Level 5), rely on lidar to enable safe navigation, particularly in complex urban environments.
Regulatory Support and Standards: Governments and regulatory bodies in various regions are recognizing the potential of lidar technology for autonomous vehicles and are developing supportive regulations and standards.
Investment in Research and Development: Continuous research and development efforts to improve lidar technology, reduce costs, and enhance performance have propelled its adoption in the autonomous driving industry.
Partnerships and Collaborations: Automotive manufacturers and technology companies are forming strategic partnerships to integrate lidar technology into their autonomous vehicle platforms, accelerating its market penetration.
Urbanization and Traffic Congestion: The increasing urban population and traffic congestion drive the demand for autonomous vehicles that can navigate efficiently and safely in complex urban environments.
Data-Driven Approach: Lidar sensors generate vast amounts of data, contributing to the development of more accurate maps and machine learning algorithms for autonomous vehicle decision-making.
Rise of Mobility-as-a-Service (MaaS): The transition from vehicle ownership to mobility-as-a-service models is expected to drive the demand for safe and efficient autonomous vehicles, boosting the need for lidar technology.
Consumer Demand for Autonomous Features: Consumer interest in advanced driver assistance systems (ADAS) and autonomous driving features encourages automakers to integrate lidar for enhanced capabilities.
Pilot Programs and Testing: Autonomous vehicle pilot programs and testing, conducted by technology companies and automakers, showcase the viability of lidar-equipped vehicles in real-world scenarios.
Competitive Landscape: Competition among lidar manufacturers and technology providers drives innovation, performance improvement, and cost reduction.
Global Electric and Autonomous Vehicle Trends: The global shift towards electric vehicles and autonomous driving aligns with the integration of lidar technology to create sustainable and safe transportation solutions.
Report Scope
This report aims to provide a comprehensive presentation of the global market for ADAS Lidars, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of ADAS Lidars by region & country, by Type, and by Application.
The ADAS Lidars market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ADAS Lidars.
Market Segmentation
By Company
Velodyne Lidar
Valeo
Luminar Technologies
DENSO
Continental AG
Cepton
Innoviz
Ibeo
Livox (SZ DJI)
RoboSense
Hesai Technology
Innovusion
Huawei
Segment by Type:
Mechanical Type
Semi-Solid Type
Solid State Type
Others
Segment by Application
BEV
PHEV
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of ADAS Lidars manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of ADAS Lidars in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of ADAS Lidars in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
1.1 ADAS Lidars Product Introduction
1.2 Global ADAS Lidars Market Size Forecast
1.2.1 Global ADAS Lidars Sales Value (2019-2030)
1.2.2 Global ADAS Lidars Sales Volume (2019-2030)
1.2.3 Global ADAS Lidars Sales Price (2019-2030)
1.3 ADAS Lidars Market Trends & Drivers
1.3.1 ADAS Lidars Industry Trends
1.3.2 ADAS Lidars Market Drivers & Opportunity
1.3.3 ADAS Lidars Market Challenges
1.3.4 ADAS Lidars Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global ADAS Lidars Players Revenue Ranking (2023)
2.2 Global ADAS Lidars Revenue by Company (2019-2024)
2.3 Global ADAS Lidars Players Sales Volume Ranking (2023)
2.4 Global ADAS Lidars Sales Volume by Company Players (2019-2024)
2.5 Global ADAS Lidars Average Price by Company (2019-2024)
2.6 Key Manufacturers ADAS Lidars Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers ADAS Lidars Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of ADAS Lidars
2.9 ADAS Lidars Market Competitive Analysis
2.9.1 ADAS Lidars Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by ADAS Lidars Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in ADAS Lidars as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Mechanical Type
3.1.2 Semi-Solid Type
3.1.3 Solid State Type
3.1.4 Others
3.2 Global ADAS Lidars Sales Value by Type
3.2.1 Global ADAS Lidars Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global ADAS Lidars Sales Value, by Type (2019-2030)
3.2.3 Global ADAS Lidars Sales Value, by Type (%) (2019-2030)
3.3 Global ADAS Lidars Sales Volume by Type
3.3.1 Global ADAS Lidars Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global ADAS Lidars Sales Volume, by Type (2019-2030)
3.3.3 Global ADAS Lidars Sales Volume, by Type (%) (2019-2030)
3.4 Global ADAS Lidars Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 BEV
4.1.2 PHEV
4.1.3 Others
4.2 Global ADAS Lidars Sales Value by Application
4.2.1 Global ADAS Lidars Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global ADAS Lidars Sales Value, by Application (2019-2030)
4.2.3 Global ADAS Lidars Sales Value, by Application (%) (2019-2030)
4.3 Global ADAS Lidars Sales Volume by Application
4.3.1 Global ADAS Lidars Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global ADAS Lidars Sales Volume, by Application (2019-2030)
4.3.3 Global ADAS Lidars Sales Volume, by Application (%) (2019-2030)
4.4 Global ADAS Lidars Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global ADAS Lidars Sales Value by Region
5.1.1 Global ADAS Lidars Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global ADAS Lidars Sales Value by Region (2019-2024)
5.1.3 Global ADAS Lidars Sales Value by Region (2025-2030)
5.1.4 Global ADAS Lidars Sales Value by Region (%), (2019-2030)
5.2 Global ADAS Lidars Sales Volume by Region
5.2.1 Global ADAS Lidars Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global ADAS Lidars Sales Volume by Region (2019-2024)
5.2.3 Global ADAS Lidars Sales Volume by Region (2025-2030)
5.2.4 Global ADAS Lidars Sales Volume by Region (%), (2019-2030)
5.3 Global ADAS Lidars Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America ADAS Lidars Sales Value, 2019-2030
5.4.2 North America ADAS Lidars Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe ADAS Lidars Sales Value, 2019-2030
5.5.2 Europe ADAS Lidars Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific ADAS Lidars Sales Value, 2019-2030
5.6.2 Asia Pacific ADAS Lidars Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America ADAS Lidars Sales Value, 2019-2030
5.7.2 South America ADAS Lidars Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa ADAS Lidars Sales Value, 2019-2030
5.8.2 Middle East & Africa ADAS Lidars Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions ADAS Lidars Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions ADAS Lidars Sales Value
6.2.1 Key Countries/Regions ADAS Lidars Sales Value, 2019-2030
6.2.2 Key Countries/Regions ADAS Lidars Sales Volume, 2019-2030
6.3 United States
6.3.1 United States ADAS Lidars Sales Value, 2019-2030
6.3.2 United States ADAS Lidars Sales Value by Type (%), 2023 VS 2030
6.3.3 United States ADAS Lidars Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe ADAS Lidars Sales Value, 2019-2030
6.4.2 Europe ADAS Lidars Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe ADAS Lidars Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China ADAS Lidars Sales Value, 2019-2030
6.5.2 China ADAS Lidars Sales Value by Type (%), 2023 VS 2030
6.5.3 China ADAS Lidars Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan ADAS Lidars Sales Value, 2019-2030
6.6.2 Japan ADAS Lidars Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan ADAS Lidars Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea ADAS Lidars Sales Value, 2019-2030
6.7.2 South Korea ADAS Lidars Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea ADAS Lidars Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia ADAS Lidars Sales Value, 2019-2030
6.8.2 Southeast Asia ADAS Lidars Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia ADAS Lidars Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India ADAS Lidars Sales Value, 2019-2030
6.9.2 India ADAS Lidars Sales Value by Type (%), 2023 VS 2030
6.9.3 India ADAS Lidars Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Velodyne Lidar
7.1.1 Velodyne Lidar Company Information
7.1.2 Velodyne Lidar Introduction and Business Overview
7.1.3 Velodyne Lidar ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Velodyne Lidar ADAS Lidars Product Offerings
7.1.5 Velodyne Lidar Recent Development
7.2 Valeo
7.2.1 Valeo Company Information
7.2.2 Valeo Introduction and Business Overview
7.2.3 Valeo ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Valeo ADAS Lidars Product Offerings
7.2.5 Valeo Recent Development
7.3 Luminar Technologies
7.3.1 Luminar Technologies Company Information
7.3.2 Luminar Technologies Introduction and Business Overview
7.3.3 Luminar Technologies ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Luminar Technologies ADAS Lidars Product Offerings
7.3.5 Luminar Technologies Recent Development
7.4 DENSO
7.4.1 DENSO Company Information
7.4.2 DENSO Introduction and Business Overview
7.4.3 DENSO ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.4.4 DENSO ADAS Lidars Product Offerings
7.4.5 DENSO Recent Development
7.5 Continental AG
7.5.1 Continental AG Company Information
7.5.2 Continental AG Introduction and Business Overview
7.5.3 Continental AG ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Continental AG ADAS Lidars Product Offerings
7.5.5 Continental AG Recent Development
7.6 Cepton
7.6.1 Cepton Company Information
7.6.2 Cepton Introduction and Business Overview
7.6.3 Cepton ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Cepton ADAS Lidars Product Offerings
7.6.5 Cepton Recent Development
7.7 Innoviz
7.7.1 Innoviz Company Information
7.7.2 Innoviz Introduction and Business Overview
7.7.3 Innoviz ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Innoviz ADAS Lidars Product Offerings
7.7.5 Innoviz Recent Development
7.8 Ibeo
7.8.1 Ibeo Company Information
7.8.2 Ibeo Introduction and Business Overview
7.8.3 Ibeo ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Ibeo ADAS Lidars Product Offerings
7.8.5 Ibeo Recent Development
7.9 Livox (SZ DJI)
7.9.1 Livox (SZ DJI) Company Information
7.9.2 Livox (SZ DJI) Introduction and Business Overview
7.9.3 Livox (SZ DJI) ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Livox (SZ DJI) ADAS Lidars Product Offerings
7.9.5 Livox (SZ DJI) Recent Development
7.10 RoboSense
7.10.1 RoboSense Company Information
7.10.2 RoboSense Introduction and Business Overview
7.10.3 RoboSense ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.10.4 RoboSense ADAS Lidars Product Offerings
7.10.5 RoboSense Recent Development
7.11 Hesai Technology
7.11.1 Hesai Technology Company Information
7.11.2 Hesai Technology Introduction and Business Overview
7.11.3 Hesai Technology ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Hesai Technology ADAS Lidars Product Offerings
7.11.5 Hesai Technology Recent Development
7.12 Innovusion
7.12.1 Innovusion Company Information
7.12.2 Innovusion Introduction and Business Overview
7.12.3 Innovusion ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Innovusion ADAS Lidars Product Offerings
7.12.5 Innovusion Recent Development
7.13 Huawei
7.13.1 Huawei Company Information
7.13.2 Huawei Introduction and Business Overview
7.13.3 Huawei ADAS Lidars Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Huawei ADAS Lidars Product Offerings
7.13.5 Huawei Recent Development
8 Industry Chain Analysis
8.1 ADAS Lidars Industrial Chain
8.2 ADAS Lidars Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 ADAS Lidars Sales Model
8.5.2 Sales Channel
8.5.3 ADAS Lidars Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer