Product Code: ES01799SS
“The Europe Automotive LiDAR System-on-Chip (SoC) Market (excluding U.K.) Expected to Reach $44.0 Million by 2033.”
Introduction to Europe Automotive LiDAR System-on-Chip (SoC) Market
The Europe automotive LiDAR system-on-chip (SoC) market (excluding U.K.) is expected to be valued at $6.6 million in 2024, which is anticipated to grow at a CAGR of 23.47% and reach $44.0 million by 2033. The automotive LiDAR system-on-chip (SoC) market is poised for growth, propelled by technological advancements in autonomous vehicles, widespread deployment of LiDARs in highly automated vehicles, substantial progress in automotive LiDAR research and development (R&D) enhancing system features, and an expected reduction in LiDAR manufacturing costs with the commencement of mass production.
KEY MARKET STATISTICS |
Forecast Period | 2024 - 2033 |
2024 Evaluation | $6.6 Million |
2033 Forecast | $44.0 Million |
CAGR | 23.47% |
Market Introduction
The Europe Automotive LiDAR System-on-Chip (SoC) market is witnessing strong growth due to the increased incorporation of LiDAR technology in autonomous vehicles. Technological advancements in LiDAR systems, particularly in SoCs, are driving innovation in the automotive industry. The region is experiencing a surge in research and development efforts aimed at improving LiDAR features to enhance safety and efficiency in autonomous driving applications. The widespread utilization of LiDARs in highly automated vehicles further contributes to market expansion. Anticipated reductions in LiDAR manufacturing costs, resulting from mass production, enhance the market's competitiveness. With Europe leading in the adoption of autonomous driving technologies, the Automotive LiDAR SoC market in the region is positioned for sustained growth, providing advanced solutions for the evolving automotive landscape.
Market Segmentation
Segmentation 1: by Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Robo Taxis
Segmentation 2: by Propulsion Type
- Electric Vehicles
- Internal Combustion Engine Vehicles
Segmentation 3: by Level of Autonomy
- Semi-Autonomous
- Fully Autonomous
Segmentation 4: by Range Type
- Short-to-Medium Range LiDAR
- Medium-to-Long Range LiDAR
Segmentation 5: by Perception Type
Segmentation 6: by Country
- Germany
- France
- Italy
- Rest-of-Europe
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different applications of the automotive LiDAR system-on-chip (SoC) products available based on vehicle type (passenger cars, commercial vehicles, and robo taxis), propulsion type (electric vehicles, internal combustion engine vehicles), level of autonomy (semi-autonomous, fully autonomous), range type (short-to-medium range LiDAR and medium-to-long range LiDAR), and perception type (2D and 3D, and 4D). Increasing demand for safety and autonomy is pushing the consumption of automotive LiDAR system-on-chip (SoC). Therefore, the automotive LiDAR system-on-chip business is a high-investment and high-revenue generating model.
Growth/Marketing Strategy: The Europe automotive LiDAR system-on-chip (SoC) market will be an exponentially growing market holding enormous opportunities for the market players. Some strategies covered in this segment are product launches, market developments, partnerships and collaborations, business expansions, and investments. The companies' preferred strategy has been product development and partnerships and collaborations for the mass production of products, which enable them to strengthen their positions in the Europe automotive LiDAR system-on-chip (SoC) market.
Competitive Strategy: Key players in the Europe automotive LiDAR system-on-chip (SoC) market analyzed and profiled in the study involve automotive LiDAR system-on-chip (SoC) manufacturers, automotive LiDAR manufacturers, and autonomous vehicle manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the Europe automotive LiDAR system-on-chip (SoC) market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The featured companies have been meticulously chosen, drawing insights from primary experts and thorough evaluations of company coverage, product offerings, and market presence.
Some prominent names established in this market are:
Table of Contents
Executive Summary
Scope of the Study
1. Markets
- 1.1. Industry Outlook
- 1.1.1. Overview: LiDAR System-on-Chip (SoC)
- 1.1.2. Trends: Current and Future
- 1.1.2.1. 4D LiDAR Technology
- 1.1.2.2. Ongoing Efforts by the Industry Players
- 1.1.2.3. LiDAR System-on-Chip with On-Chip Signal Processing
- 1.1.3. Supply Chain Network/MAP
- 1.1.4. Ecosystem/Ongoing Programs
- 1.1.4.1. Consortiums, Associations, and Regulatory Bodies
- 1.1.4.2. Government Initiatives
- 1.1.4.3. Programs by Research Institutions and Universities
- 1.1.5. Key Patent Mapping
- 1.2. Business Dynamics
- 1.2.1. Business Drivers
- 1.2.1.1. Rapid Technological Advancement in LiDAR in the Automotive Industry
- 1.2.1.2. Surge in Investments and Funding in LiDAR System-on-Chip Manufacturing Startups for R&D Activities
- 1.2.1.3. Cost-Effectiveness of LiDAR System-on-Chip
- 1.2.1.4. Growing Demand for the Miniaturization of Products
- 1.2.2. Business Restraints
- 1.2.2.1. Growing Complexity in Integrating All the Components on a Chip Due to Lack of Knowledge
- 1.2.2.2. Constant Review of Regulatory Policies on Standardization of Chips
- 1.2.2.3. Semiconductor Shortage Effect
- 1.2.3. Business Strategies
- 1.2.3.1. Product Development
- 1.2.3.2. Market Development
- 1.2.4. Corporate Strategies
- 1.2.4.1. Mergers and Acquisitions
- 1.2.4.2. Partnerships, Joint Ventures, Collaborations, and Alliances
- 1.2.5. Business Opportunities
- 1.2.5.1. Growing Trend for the Development of Autonomous Vehicles
- 1.2.5.2. Manufacturing LiDAR System-on-Chip at Scale
- 1.2.5.3. Deployment of LiDAR System-on-Chip in Other Applications such as Robotics and Industrial Automation
- 1.3. LiDAR System-on-Chip (SoC) Architecture and Fabrication
- 1.3.1. Software and Hardware Systems for LiDAR System-on-Chip (SoC) Industry
- 1.4. Emerging Applications in LiDAR System-on-Chip (SoC) Industry
- 1.4.1. Industrial Automation
- 1.4.2. Robotics
- 1.4.3. Others
- 1.5. Measurement Process in LiDAR System-on-Chip (SoC) Industry
- 1.5.1. Time of Flight (ToF)
- 1.5.2. Frequency Modulated Continuous Wave (FMCW)
- 1.6. Impact of COVID-19 on the Industry
2. Regions
- 2.1. Europe
- 2.1.1. Market
- 2.1.1.1. Buyer Attributes
- 2.1.1.2. Key Manufacturers of Automotive LiDAR in Europe
- 2.1.1.3. Competitive Benchmarking
- 2.1.1.4. Business Challenges
- 2.1.1.5. Business Drivers
- 2.1.2. Application
- 2.1.2.1. Europe Automotive LiDAR System-on-Chip (SoC) Market (by Vehicle Type), Value and Volume Data, 2024-2033
- 2.1.2.2. Europe Automotive LiDAR System-on-Chip (SoC) Market (by Propulsion Type), Value and Volume Data, 2024-2033
- 2.1.2.3. Europe Automotive LiDAR System-on-Chip (SoC) Market (by Level of Autonomy), Value and Volume Data, 2024-2033
- 2.1.3. Product
- 2.1.3.1. Europe Automotive LiDAR System-on-Chip (SoC) Market (by Range Type), Value and Volume Data, 2024-2033
- 2.1.3.2. Europe Automotive LiDAR System-on-Chip (SoC) Market (by Perception Type), Value and Volume Data, 2024-2033
- 2.1.4. Europe: Country-Level Analysis
- 2.1.4.1. Germany
- 2.1.4.1.1. Market
- 2.1.4.1.1.1. Buyer Attributes
- 2.1.4.1.1.2. Key Manufacturers of Automotive LiDAR in Germany
- 2.1.4.1.1.3. Business Challenges
- 2.1.4.1.1.4. Business Drivers
- 2.1.4.1.2. Application
- 2.1.4.1.2.1. Germany Automotive LiDAR System-on-Chip (SoC) Market (by Vehicle Type), Value and Volume Data, 2024-2033
- 2.1.4.1.2.2. Germany Automotive LiDAR System-on-Chip (SoC) Market (by Propulsion Type), Value and Volume Data, 2024-2033
- 2.1.4.1.2.3. Germany Automotive LiDAR System-on-Chip (SoC) Market (by Level of Autonomy), Value and Volume Data, 2024-2033
- 2.1.4.1.3. Product
- 2.1.4.1.3.1. Germany Automotive LiDAR System-on-Chip (SoC) Market (by Range Type), Value and Volume Data, 2024-2033
- 2.1.4.1.3.2. Germany Automotive LiDAR System-on-Chihiuuuuuuuuq9823ip (SoC) Market (by Perception Type), Value and Volume Data, 2024-2033
- 2.1.4.2. France
- 2.1.4.2.1. Market
- 2.1.4.2.1.1. Buyer Attributes
- 2.1.4.2.1.2. Key Manufacturers of Automotive LiDAR in France
- 2.1.4.2.1.3. Business Challenges
- 2.1.4.2.1.4. Business Drivers
- 2.1.4.2.2. Application
- 2.1.4.2.2.1. France Automotive LiDAR System-on-Chip (SoC) Market (by Vehicle Type), Value and Volume Data, 2024-2033
- 2.1.4.2.2.2. France Automotive LiDAR System-on-Chip (SoC) Market (by Propulsion Type), Value and Volume Data, 2024-2033
- 2.1.4.2.2.3. France Automotive LiDAR System-on-Chip (SoC) Market (by Level of Autonomy), Value and Volume Data, 2024-2033
- 2.1.4.2.3. Product
- 2.1.4.2.3.1. France Automotive LiDAR System-on-Chip (SoC) Market (by Range Type), Value and Volume Data, 2024-2033
- 2.1.4.2.3.2. France Automotive LiDAR System-on-Chip (SoC) Market (by Perception Type), Value and Volume Data, 2024-2033
- 2.1.4.3. Italy
- 2.1.4.3.1. Market
- 2.1.4.3.1.1. Buyer Attributes
- 2.1.4.3.1.2. Key Manufacturers of Automotive LiDAR in Italy
- 2.1.4.3.1.3. Business Challenges
- 2.1.4.3.1.4. Business Drivers
- 2.1.4.3.2. Application
- 2.1.4.3.2.1. Italy Automotive LiDAR System-on-Chip (SoC) Market (by Vehicle Type), Value and Volume Data, 2024-2033
- 2.1.4.3.2.2. Italy Automotive LiDAR System-on-Chip (SoC) Market (by Propulsion Type), Value and Volume Data, 2024-2033
- 2.1.4.3.2.3. Italy Automotive LiDAR System-on-Chip (SoC) Market (by Level of Autonomy), Value and Volume Data, 2024-2033
- 2.1.4.3.3. Product
- 2.1.4.3.3.1. Italy Automotive LiDAR System-on-Chip (SoC) Market (by Range Type), Value and Volume Data, 2024-2033
- 2.1.4.3.3.2. Italy Automotive LiDAR System-on-Chip (SoC) Market (by Perception Type), Value and Volume Data, 2024-2033
- 2.1.4.4. Rest-of-Europe
- 2.1.4.4.1. Market
- 2.1.4.4.1.1. Buyer Attributes
- 2.1.4.4.1.2. Key Manufacturers of Automotive LiDAR in Rest-of-Europe
- 2.1.4.4.1.3. Business Challenges
- 2.1.4.4.1.4. Business Drivers
- 2.1.4.4.2. Application
- 2.1.4.4.2.1. Rest-of-Europe Automotive LiDAR System-on-Chip (SoC) Market (by Vehicle Type), Value and Volume Data, 2024-2033
- 2.1.4.4.2.2. Rest-of-Europe Automotive LiDAR System-on-Chip (SoC) Market (by Propulsion Type), Value and Volume Data, 2024-2033
- 2.1.4.4.2.3. Rest-of-Europe Automotive LiDAR System-on-Chip (SoC) Market (by Level of Autonomy), Value and Volume Data, 2024-2033
- 2.1.4.4.3. Product
- 2.1.4.4.3.1. Rest-of-Europe Automotive LiDAR System-on-Chip (SoC) Market (by Range Type), Value and Volume Data, 2024-2033
- 2.1.4.4.3.2. Rest-of-Europe Automotive LiDAR System-on-Chip (SoC) Market (by Perception Type), Value and Volume Data, 2024-2033
- 2.2. U.K.
- 2.2.1. Market
- 2.2.1.1. Buyer Attributes
- 2.2.1.2. Key Manufacturers of Automotive LiDAR in the U.K.
- 2.2.1.3. Competitive Benchmarking
- 2.2.1.4. Business Challenges
- 2.2.1.5. Business Drivers
- 2.2.2. Application
- 2.2.2.1. U.K. Automotive LiDAR System-on-Chip (SoC) Market (by Vehicle Type), Value and Volume Data, 2024-2033
- 2.2.2.2. U.K. Automotive LiDAR System-on-Chip (SoC) Market (by Propulsion Type), Value and Volume Data, 2024-2033
- 2.2.2.3. U.K. Automotive LiDAR System-on-Chip (SoC) Market (by Level of Autonomy), Value and Volume Data, 2024-2033
- 2.2.3. Product
- 2.2.3.1. U.K. Automotive LiDAR System-on-Chip (SoC) Market (by Range Type), Value and Volume Data, 2024-2033
- 2.2.3.2. U.K. Automotive LiDAR System-on-Chip (SoC) Market (by Perception Type), Value and Volume Data, 2024-2033
3. Markets - Competitive Benchmarking & Company Profiles
- 3.1. Competitive Benchmarking
- 3.2. Market Ranking Analysis
- 3.3. Company Profiles
- 3.3.1. Type 1 Companies: Automotive LiDAR System-on-Chip (SoC) Manufacturers
- 3.3.1.1. Scantinel
- 3.3.1.1.1. Company Overview
- 3.3.1.1.1.1. Role of Scantinel in the Automotive LiDAR System-on-Chip (SoC) Market
- 3.3.1.1.1.2. Product Portfolio
- 3.3.1.1.2. Business Strategies
- 3.3.1.1.2.1. Scantinel: Product Development
- 3.3.1.1.3. Analyst View
- 3.3.2. Type 3 Companies: Autonomous Vehicle Manufacturers
- 3.3.2.1. Volkswagen AG
- 3.3.2.1.1. Company Overview
- 3.3.2.1.1.1. Role of Volkswagen AG in the Automotive LiDAR System-on-Chip (SoC) Market
- 3.3.2.1.2. Corporate Strategies
- 3.3.2.1.2.1. Volkswagen AG: Partnerships, Joint Ventures, Collaborations, and Alliances
- 3.3.2.1.3. Production Sites and R&D Analysis
- 3.3.2.1.4. Analyst View
- 3.3.2.2. BMW Group
- 3.3.2.2.1. Company Overview
- 3.3.2.2.1.1. Role of BMW Group in the Automotive LiDAR System-on-Chip (SoC) Market
- 3.3.2.2.2. Production Sites and R&D Analysis
- 3.3.2.2.3. Analyst View
4. Research Methodology
- 4.1. Data Sources
- 4.1.1. Primary Data Sources
- 4.1.2. Secondary Data Sources
- 4.2. Data Triangulation
- 4.3. Market Estimation and Forecast
- 4.3.1. Factors for Data Prediction and Modeling