United States Electric Vehicles Lidar Sensor Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 1.29 Billion by 2030, growing at a CAGR of 22.1% from 2024 to 2030.
The US Electric Vehicles Lidar Sensor Market is experiencing significant growth as the automotive industry continues to invest heavily in autonomous driving technologies. LiDAR sensors, a critical component in enabling self-driving vehicles to detect and understand their surroundings, are becoming increasingly vital. In recent years, the demand for Electric Vehicles (EVs) with integrated LiDAR sensors has surged, driven by both technological advancements and regulatory shifts aimed at reducing carbon emissions.
As of 2024, the market for Electric Vehicles LiDAR sensors is forecasted to reach significant growth, propelled by several factors such as the growing demand for autonomous EVs and government incentives for clean energy solutions. Leading EV manufacturers and tech companies are actively investing in LiDAR systems to enhance the performance and safety of their vehicles. The need for precise object detection and mapping capabilities makes LiDAR sensors crucial for a range of applications within electric vehicles.
Within the Electric Vehicles LiDAR Sensor Market, various types of sensors are being developed, each with specific advantages. These include solid-state LiDAR, which offers cost-effective and compact solutions, and mechanical LiDAR, which delivers highly accurate, long-range sensing capabilities. Each sensor type has its role depending on the application within the EV, from autonomous driving systems to advanced driver-assistance systems (ADAS). These sensors are critical in ensuring that EVs operate safely in complex environments.
In addition to the automotive industry, the requirement for Electric Vehicles LiDAR sensors is expanding across other sectors such as logistics, robotics, and urban planning. Industries are adopting these sensors to improve route planning, delivery systems, and even smart city infrastructure. The ability of LiDAR sensors to provide high-resolution 3D mapping is invaluable in a variety of contexts beyond automotive applications.
The demand for these sensors in the EV industry is also influenced by the rising need for safer, smarter transportation systems. As autonomous vehicle technologies continue to evolve, the role of LiDAR sensors in the market will only grow, establishing them as an integral part of the future of mobility.
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Velodyne
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Quanergy Systems
Leddartech
Trilumina
Luminar
Valeo
Phantom Intelligence
Hesai Tech
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Electric Vehicles Lidar Sensor Market
Solid-State Lidar
Mechanical Lidar
Hybrid Lidar
Short Range (up to 100 meters)
Medium Range (100 to 200 meters)
Long Range (over 200 meters)
Autonomous Driving
Driver Assistance Systems
Mapping and Surveying
Traffic Monitoring
Obstacle Detection and Avoidance
Passenger Vehicles
Commercial Vehicles
Two-Wheelers
Public Transport
Sensor Module
Control Unit
Software and Algorithms
Mapping and Environmental Models
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Electric Vehicles Lidar Sensor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Electric Vehicles Lidar Sensor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Electric Vehicles Lidar Sensor Market, By Type
6. US Electric Vehicles Lidar Sensor Market, By Application
7. US Electric Vehicles Lidar Sensor Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Electric Vehicles Lidar Sensor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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