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...

The global automotive LiDAR market was valued at approximately USD 504.2 million in 2023, and it is projected to grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2030. Several factors are driving this market, including the increasing adoption of autonomous vehicles and Advanced Driver Assistance Systems (ADAS), stricter safety regulations, technological advancements,...