Latest news with #Lidar
Yahoo
27-05-2025
- Business
- Yahoo
Saudi Arabia Lidar Sensors Market Report 2025: Key Trends, Regional Insights, Competition, Forecast & Opportunities 2020-2030
Growth is driven by rising demands in autonomous vehicles, smart cities, and industrial automation, propelled by government initiatives under Vision 2030. Saudi Arabian Lidar Sensors Market Dublin, May 27, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Lidar Sensors Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Saudi Arabia Lidar Sensors Market, valued at USD 12.8 Million in 2024, is projected to escalate significantly, reaching USD 91.95 Million by 2030, with a CAGR of 38.70%. This growth is driven mainly by an escalating demand for advanced sensing technologies across varied sectors, highlighted by increased adoption in autonomous vehicles, smart city design, and industrial automation. Lidar sensors provide pivotal precision in 3D environmental mapping, enhancing navigation, safety, and operational efficiency. Government-led tech initiatives and growing familiarity with Lidar's advantages significantly contribute to the market's upward trajectory. Consequently, substantial opportunities emerge for businesses in the sensor technology sector, making Saudi Arabia a focal point for Lidar applications expansion. Key Market Drivers Autonomous Vehicles Integration is a crucial driver, driven by global automotive shifts towards autonomous driving. Lidar sensors are critical for real-time, precise 3D mapping, essential for advanced safety features and dependable obstacle detection. Saudi Arabia's drive towards smart and sustainable transport adds weight to the relevance of Lidar in autonomous vehicles. Smart Cities Development Smart cities' development fuels Lidar Sensors' market growth in Saudi Arabia, with Vision 2030 underpinning the tech-driven transformation of urban areas. Lidar technology aids high-resolution mapping essential for traffic management, urban mobility, and environmental monitoring. Industrial Automation and Robotics Industry adoption of Lidar technology for automation and robotics is increasing. Lidar sensors offer unmatched precision for mapping and environment sensing, invaluable for industries prioritizing efficiency and safety. The alignment with broader national technological diversification strategies strengthens this segment's growth. Precision Agriculture Lidar's role in precision agriculture is a growing sector, aiding in crop monitoring and efficient resource use in water-scarce regions. The alignment of Lidar adoption with national goals of food security and sustainable farming practices bolsters this segment. Government Initiatives and Support Government backing through Vision 2030 and various incentives provides a strong foundation for Lidar's expansion, fostering an encouraging environment for technological advancement and adoption across sectors. Key Market Challenges Regulatory obstacles, costs, integration challenges, and a skills gap pose significant hurdles. The call for well-defined regulatory frameworks, cost-effective solutions, and enhanced industry competencies is imperative for broader Lidar adoption. Key Market Trends Notable trends include rising solid-state Lidar adoption, AI integration, and expanding agricultural applications. Increasing R&D investments, along with strategic collaborations, are crucial for innovation. Segmental Insights Types: The terrestrial segment shows a strong dominance, leveraging its versatility across sectors like urban planning and agriculture. Regional Insights: Riyadh emerges as a dominant player due to its central role in technological advancement and infrastructure development. Key Market Players Timber Inc. Teledyne Technologies RIEGL Laser Measurement Systems GmbH Sick AG Mapix Technologies Ltd Faro Technologies Inc. Denso Corporation Quanergy Systems Inc. Key Attributes: Report Attribute Details No. of Pages 86 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $12.8 Million Forecasted Market Value (USD) by 2030 $91.95 Million Compound Annual Growth Rate 38.7% Regions Covered Saudi Arabia For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Saudi Arabian Lidar Sensors Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Saudi Arabia Lidar Sensors Market Report 2025: Key Trends, Regional Insights, Competition, Forecast & Opportunities 2020-2030
Growth is driven by rising demands in autonomous vehicles, smart cities, and industrial automation, propelled by government initiatives under Vision 2030. Saudi Arabian Lidar Sensors Market Dublin, May 27, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Lidar Sensors Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Saudi Arabia Lidar Sensors Market, valued at USD 12.8 Million in 2024, is projected to escalate significantly, reaching USD 91.95 Million by 2030, with a CAGR of 38.70%. This growth is driven mainly by an escalating demand for advanced sensing technologies across varied sectors, highlighted by increased adoption in autonomous vehicles, smart city design, and industrial automation. Lidar sensors provide pivotal precision in 3D environmental mapping, enhancing navigation, safety, and operational efficiency. Government-led tech initiatives and growing familiarity with Lidar's advantages significantly contribute to the market's upward trajectory. Consequently, substantial opportunities emerge for businesses in the sensor technology sector, making Saudi Arabia a focal point for Lidar applications expansion. Key Market Drivers Autonomous Vehicles Integration is a crucial driver, driven by global automotive shifts towards autonomous driving. Lidar sensors are critical for real-time, precise 3D mapping, essential for advanced safety features and dependable obstacle detection. Saudi Arabia's drive towards smart and sustainable transport adds weight to the relevance of Lidar in autonomous vehicles. Smart Cities Development Smart cities' development fuels Lidar Sensors' market growth in Saudi Arabia, with Vision 2030 underpinning the tech-driven transformation of urban areas. Lidar technology aids high-resolution mapping essential for traffic management, urban mobility, and environmental monitoring. Industrial Automation and Robotics Industry adoption of Lidar technology for automation and robotics is increasing. Lidar sensors offer unmatched precision for mapping and environment sensing, invaluable for industries prioritizing efficiency and safety. The alignment with broader national technological diversification strategies strengthens this segment's growth. Precision Agriculture Lidar's role in precision agriculture is a growing sector, aiding in crop monitoring and efficient resource use in water-scarce regions. The alignment of Lidar adoption with national goals of food security and sustainable farming practices bolsters this segment. Government Initiatives and Support Government backing through Vision 2030 and various incentives provides a strong foundation for Lidar's expansion, fostering an encouraging environment for technological advancement and adoption across sectors. Key Market Challenges Regulatory obstacles, costs, integration challenges, and a skills gap pose significant hurdles. The call for well-defined regulatory frameworks, cost-effective solutions, and enhanced industry competencies is imperative for broader Lidar adoption. Key Market Trends Notable trends include rising solid-state Lidar adoption, AI integration, and expanding agricultural applications. Increasing R&D investments, along with strategic collaborations, are crucial for innovation. Segmental Insights Types: The terrestrial segment shows a strong dominance, leveraging its versatility across sectors like urban planning and agriculture. Regional Insights: Riyadh emerges as a dominant player due to its central role in technological advancement and infrastructure development. Key Market Players Timber Inc. Teledyne Technologies RIEGL Laser Measurement Systems GmbH Sick AG Mapix Technologies Ltd Faro Technologies Inc. Denso Corporation Quanergy Systems Inc. Key Attributes: Report Attribute Details No. of Pages 86 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $12.8 Million Forecasted Market Value (USD) by 2030 $91.95 Million Compound Annual Growth Rate 38.7% Regions Covered Saudi Arabia For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Saudi Arabian Lidar Sensors Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
The Verge
24-05-2025
- Automotive
- The Verge
Posted May 24, 2025 at 3:56 PM EDT 7 Comments / 7 New W Wes Davis What happens when you try to film a Lidar scanner? Well, as Jalopnik points out while referring its readers to the below video of a Volvo EX90's Lidar scanner wrecking a camera sensor on the iPhone 16 Pro Max filming it, doing so can be 'the technological equivalent of staring directly into the sun.' Lidar's effects on camera sensors isn't new information, but as more cars use Lidar, this video is a solid reminder to take care when showing off your new car.
Wes Davis What happens when you try to film a Lidar scanner? Well, as Jalopnik points out while referring its readers to the below video of a Volvo EX90's Lidar scanner wrecking a camera sensor on the iPhone 16 Pro Max filming it, doing so can be 'the technological equivalent of staring directly into the sun.' Lidar's effects on camera sensors isn't new information, but as more cars use Lidar, this video is a solid reminder to take care when showing off your new car.
The Verge
24-05-2025
- Automotive
- The Verge
What happens when you try to film a Lidar scanner?
Wes Davis Well, as Jalopnik points out while referring its readers to the below video of a Volvo EX90's Lidar scanner wrecking a camera sensor on the iPhone 16 Pro Max filming it, doing so can be 'the technological equivalent of staring directly into the sun.' Lidar's effects on camera sensors isn't new information, but as more cars use Lidar, this video is a solid reminder to take care when showing off your new car.
The Verge
24-05-2025
- Automotive
- The Verge
Posted May 24, 2025 at 3:56 PM EDT 0 Comments
Wes Davis What happens when you try to film a Lidar scanner? Well, as Jalopnik points out while referring its readers to the below video of a Volvo EX90's Lidar scanner wrecking a camera sensor on the iPhone 16 Pro Max filming it, doing so can be 'the technological equivalent of staring directly into the sun.' Lidar's effects on camera sensors isn't new information, but as more cars use Lidar, this video is a solid reminder to take care when showing off your new car.
