Market Forecast By Technology (Solid-state LiDAR, Mechanical LiDAR), By Image Type (2D, 3D), By ICE Vehicle Type (Passenger Cars, Commercial Vehicles), By Location (Bumpers & Grills, Headlights & Taillights, Roofs & Upper Pillars, Other Locations), By Electric Vehicle Type (BEV, FCEV, HEV, PHEV), By Maximum Range (Short & Mid-range (170 m and Below), Long-range (Above 170 m)), By Laser Wavelength (Near Infrared (NIR), Short-wave Infrared (SWIR), Long-wave Infrared (LWIR)), By Measurement Process (Frequency-modulated Continuous Wave (FMCW), Time of Flight (ToF)) And Competitive Landscape
Product Code: ETC4567773 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Bangladesh Automotive LiDAR Market report thoroughly covers the market By Technology, By Image Type, By ICE Vehicle Type, By Location, By Electric Vehicle Type, By Maximum Range, By Laser Wavelength, and By Measurement Process.The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bangladesh Automotive LiDAR Market demonstrates considerable growth potential within an automotive sector evolving towards heightened safety and efficiency standards. This growth is propelled by escalating consumer demand for vehicles equipped with advanced safety features like ADAS, alongside a burgeoning fascination with autonomous driving technology.
According to 6Wresearch, Bangladesh Automotive LiDAR Market is expected to grow at a significant CAGR of 23.9% during the forecast period 2025-2031. The burgeoning interest in autonomous vehicles among tech-savvy consumers and businesses looking to leverage automation for efficiency and safety. Additionally, the government's supportive policies towards road safety and smart transportation systems have further fueled the market's expansion. The growing awareness and emphasis on environmental sustainability have also played a crucial role, as LiDAR-equipped vehicles offer the potential for more efficient driving patterns that can contribute to reduced emissions. However, the market faces challenges, including high costs associated with LiDAR technology and the current lack of infrastructure and technical expertise in Bangladesh to support the advanced maintenance and operation of LiDAR systems poses a significant hurdle. Despite these challenges, trends are securing the Bangladesh automotive LiDAR market growth. Advances in technology are expected to lower costs and increase the robustness of LiDAR systems against environmental challenges. There is also a growing trend towards partnerships between automotive manufacturers and tech companies to integrate LiDAR technology into new vehicle models. Additionally, the push towards smart cities in Bangladesh is likely to create further opportunities for the integration of LiDAR technology in various transportation and traffic management systems.
Some of the key players operating in the Bangladesh automotive LiDAR market include Velodyne, Quanergy, LeddarTech, and Innoviz Technologies. These companies are continually investing in research and development to improve their products' performance and expand their market presence through partnerships.
The Bangladesh Automotive LiDAR industry is witnessing significant growth, propelled by the government's proactive measures. Embracing electric vehicles (EVs) and autonomous driving aligns with Bangladesh's sustainability agenda, aiming to curb carbon emissions and enhance urban mobility. Incentives targeting EV manufacturing and usage, coupled with infrastructural investments for autonomous driving, underscore the government's commitment. Moreover, regulatory frameworks are being crafted to ensure safety and privacy in the realm of autonomous driving.
The Bangladesh Automotive LiDAR Market shows promising signs of growth, fueled by technological advancements, regulatory backing, and rising consumer interest in vehicle safety. As LiDAR technology becomes more affordable and prevalent in vehicles, Bangladesh anticipates a rise in semi-autonomous and autonomous vehicle adoption. This surge presents new prospects for market participants and aids in the automotive sector's development within the country. As such, the market is poised for expansion, driven by factors such as cost reduction in LiDAR tech and its increasing incorporation into vehicles.
According to Ravi Bhandari, Research Head, 6Wresearch, Solid-State LiDAR technology, surpasses Mechanical LiDAR due to its stationary design, ensuring reliability in diverse climates and road conditions. Its compact size and low power consumption reinforce its dominance, addressing Bangladesh's varied environmental and infrastructural challenges effectively.
Based on image type, the adoption of 3D LiDAR technology is leading, as 3D LiDAR offers comprehensive three-dimensional data on objects and their surroundings. This depth of information is critical for advanced driver-assistance systems (ADAS) and autonomous driving technologies, enabling more accurate object detection, classification, and tracking.
The Passenger Cars are gaining traction in the market. This surge is fueled by growing safety demands and consumer interest in autonomous driving. Consequently, Passenger Cars are expected to lead in integrating LiDAR technologies, reflecting market dynamics favoring safety and autonomous trends.
The Bangladesh Automotive LiDAR Market sees significant integration of LiDAR technology in BEV (Battery Electric Vehicle) segments. This synergy enhances advanced driving assistance systems (ADAS), crucial for intelligent EV evolution. BEVs leverage LiDAR for improved propulsion and safety features, signaling a promising trend in automotive innovation.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Automotive LiDAR Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Automotive LiDAR Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Automotive LiDAR Market - Industry Life Cycle |
3.4 Bangladesh Automotive LiDAR Market - Porter's Five Forces |
3.5 Bangladesh Automotive LiDAR Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Bangladesh Automotive LiDAR Market Revenues & Volume Share, By Image Type, 2021 & 2031F |
3.7 Bangladesh Automotive LiDAR Market Revenues & Volume Share, By ICE Vehicle Type, 2021 & 2031F |
3.8 Bangladesh Automotive LiDAR Market Revenues & Volume Share, By Location, 2021 & 2031F |
3.9 Bangladesh Automotive LiDAR Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
3.10 Bangladesh Automotive LiDAR Market Revenues & Volume Share, By Maximum Range, 2021 & 2031F |
3.11 Bangladesh Automotive LiDAR Market Revenues & Volume Share, By Laser Wavelength, 2021 & 2031F |
4 Bangladesh Automotive LiDAR Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for autonomous vehicles in Bangladesh |
4.2.2 Government initiatives promoting the adoption of advanced technologies in the automotive sector |
4.2.3 Growing focus on road safety and accident prevention measures |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing automotive LiDAR technology |
4.3.2 Lack of awareness and understanding about LiDAR technology among consumers and industry players |
4.3.3 Limited infrastructure support for the widespread adoption of LiDAR technology in Bangladesh |
5 Bangladesh Automotive LiDAR Market Trends |
6 Bangladesh Automotive LiDAR Market, By Types |
6.1 Bangladesh Automotive LiDAR Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Automotive LiDAR Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Bangladesh Automotive LiDAR Market Revenues & Volume, By Solid-state LiDAR, 2021 - 2031F |
6.1.4 Bangladesh Automotive LiDAR Market Revenues & Volume, By Mechanical LiDAR, 2021 - 2031F |
6.2 Bangladesh Automotive LiDAR Market, By Image Type |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Automotive LiDAR Market Revenues & Volume, By 2D, 2021 - 2031F |
6.2.3 Bangladesh Automotive LiDAR Market Revenues & Volume, By 3D, 2021 - 2031F |
6.3 Bangladesh Automotive LiDAR Market, By ICE Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Automotive LiDAR Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Bangladesh Automotive LiDAR Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.4 Bangladesh Automotive LiDAR Market, By Location |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Automotive LiDAR Market Revenues & Volume, By Bumpers & Grills, 2021 - 2031F |
6.4.3 Bangladesh Automotive LiDAR Market Revenues & Volume, By Headlights & Taillights, 2021 - 2031F |
6.4.4 Bangladesh Automotive LiDAR Market Revenues & Volume, By Roofs & Upper Pillars, 2021 - 2031F |
6.4.5 Bangladesh Automotive LiDAR Market Revenues & Volume, By Other Locations, 2021 - 2031F |
6.5 Bangladesh Automotive LiDAR Market, By Electric Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Bangladesh Automotive LiDAR Market Revenues & Volume, By BEV, 2021 - 2031F |
6.5.3 Bangladesh Automotive LiDAR Market Revenues & Volume, By FCEV, 2021 - 2031F |
6.5.4 Bangladesh Automotive LiDAR Market Revenues & Volume, By HEV, 2021 - 2031F |
6.5.5 Bangladesh Automotive LiDAR Market Revenues & Volume, By PHEV, 2021 - 2031F |
6.6 Bangladesh Automotive LiDAR Market, By Maximum Range |
6.6.1 Overview and Analysis |
6.6.2 Bangladesh Automotive LiDAR Market Revenues & Volume, By Short & Mid-range (170 m and Below), 2021 - 2031F |
6.6.3 Bangladesh Automotive LiDAR Market Revenues & Volume, By Long-range (Above 170 m), 2021 - 2031F |
6.7 Bangladesh Automotive LiDAR Market, By Laser Wavelength |
6.7.1 Overview and Analysis |
6.7.2 Bangladesh Automotive LiDAR Market Revenues & Volume, By Near Infrared (NIR), 2021 - 2031F |
6.7.3 Bangladesh Automotive LiDAR Market Revenues & Volume, By Short-wave Infrared (SWIR), 2021 - 2031F |
6.7.4 Bangladesh Automotive LiDAR Market Revenues & Volume, By , 2021 - 2031F |
6.8 Bangladesh Automotive LiDAR Market, By Measurement Process |
6.8.1 Overview and Analysis |
6.8.2 Bangladesh Automotive LiDAR Market Revenues & Volume, By Frequency-modulated Continuous Wave (FMCW), 2021 - 2031F |
6.8.3 Bangladesh Automotive LiDAR Market Revenues & Volume, By Time of Flight (ToF), 2021 - 2031F |
7 Bangladesh Automotive LiDAR Market Import-Export Trade Statistics |
7.1 Bangladesh Automotive LiDAR Market Export to Major Countries |
7.2 Bangladesh Automotive LiDAR Market Imports from Major Countries |
8 Bangladesh Automotive LiDAR Market Key Performance Indicators |
8.1 Number of automotive LiDAR technology partnerships and collaborations in Bangladesh |
8.2 Research and development investments in LiDAR technology by automotive companies in the country |
8.3 Growth in the number of LiDAR technology patents filed by companies operating in Bangladesh |
9 Bangladesh Automotive LiDAR Market - Opportunity Assessment |
9.1 Bangladesh Automotive LiDAR Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Bangladesh Automotive LiDAR Market Opportunity Assessment, By Image Type, 2021 & 2031F |
9.3 Bangladesh Automotive LiDAR Market Opportunity Assessment, By ICE Vehicle Type, 2021 & 2031F |
9.4 Bangladesh Automotive LiDAR Market Opportunity Assessment, By Location, 2021 & 2031F |
9.5 Bangladesh Automotive LiDAR Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
9.6 Bangladesh Automotive LiDAR Market Opportunity Assessment, By Maximum Range, 2021 & 2031F |
9.7 Bangladesh Automotive LiDAR Market Opportunity Assessment, By Laser Wavelength, 2021 & 2031F |
9.7 Bangladesh Automotive LiDAR Market Opportunity Assessment, By Measurement Process, 2021 & 2031F |
10 Bangladesh Automotive LiDAR Market - Competitive Landscape |
10.1 Bangladesh Automotive LiDAR Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Automotive LiDAR Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |