Exploring the Growth of the Automotive Lidar Market: Trends and Predictions
The global automotive LiDAR market was valued at USD 504.2 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2030. The market's expansion is driven by a combination of factors, including the rising adoption of autonomous and advanced driver assistance systems (ADAS) technologies, increasingly stringent safety regulations, continuous...
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