The global Solid-State LiDAR market was valued at 795.85 Million USD in 2021 and will grow with a CAGR of 10.88% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Solid state LiDAR is gaining traction as a promising technology that is cheaper, faster, and provides higher resolution than traditional LiDAR, with predictions that its price range could eventually hundreds of dollars per unit.Globally, some enterprises, like Velodyne, Quanergy, LeddarTech, etc. are well-known for the wonderful performance of their Solid-State LiDAR and related services. At the same time, Europe, will be occupied 48% sales market share in 2021, is remarkable in the global Solid-State LiDAR industry because of their market share and technology status of Solid-State LiDAR. The consumption volume of Solid-State LiDAR is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Solid-State LiDAR industry may not keep that fast. But it is surely forecasted that the market of Solid-State LiDAR is still promising.

By Market Verdors:

Velodyne

Quanergy

LeddarTech

ABAX Sensing

Ibeo

Trilumina

Innoviz

Strobe

Aeye

TetraVue

Continental AG

Xenomatix

Imec

Robosense

Genius Pro

Benewake

Hesai

By Types:

MEMS Based Scanning

Phase Array

Non-Scanning Flash

By Applications:

Automotive

Industrial

Security

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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