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(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

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(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

(c) AZOTH Analytics

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

(c) AZOTH Analytics

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

(c) AZOTH Analytics

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

(c) AZOTH Analytics

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

12

(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: An Analysis

(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.

Azoth Analytics (ISO 9001:2015) is a business research and analytics company that creates in-depth research reports and provides customized research

solutions and consulting services. An ISO 9001:2015 certified company, Azoth Analytics adheres to international quality management standard and has strong

commitment to a culture of continuous improvement. The business research and market analysis of Azoth Analytics helps organizations across different

industry verticals solve their business problems. Strategic market sizing and data dredging techniques include secondary research, and primary research

(interviews with management personnel and industry experts). Azoth Analytics provide syndicated and customized market research reports on different

verticals including pharmaceutical and healthcare, oil and gas and power, chemicals, automotive, technology, FMCG, food & beverages and media sectors.

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