DUBLIN--(BUSINESS WIRE)--The "LiDAR for Automotive - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The LiDAR for Automotive market worldwide is projected to grow by US$547.8 Million, driven by a compounded growth of 27.1%. Mechanical, one of the segments analyzed and sized in this study, displays the potential to grow at over 26%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$241.9 Million by the year 2025, Mechanical will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 30.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$17.6 Million to the region's size and clout in the next 5 to 6 years. Over US$25.4 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Mechanical will reach a market size of US$19.2 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 26% over the next couple of years and add approximately US$92.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Aptiv PLC
- Continental AG
- First Sensor AG
- Infineon Technologies AG
- Texas Instruments, Inc.
- Velodyne Lidar, Inc.
- ZF Friedrichshafen AG
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- LiDAR for Automotive Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- US LiDAR for Automotive Market Share (in %) by Company: 2019 & 2025
- Market Facts & Figures
- European LiDAR for Automotive Market: Competitor Market Share Scenario (in %) for 2019 & 2025
REST OF EUROPE
REST OF WORLD
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/a7w2ik
Laura Wood, Senior Press Manager
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