Automotive LiDAR Sensor Market Climbing

The report "LiDAR Sensor Automotive Market by Technology (Mechanical, and Solid State), Application (Semi-Autonomous, and Autonomous), Location (Bumper & Grill, Headlight & Taillight, Roof & Upper Pillar), Image Type (2D, and 3D), Vehicle Type - Global Forecast to 2030", published by MarketsandMarkets™, the LiDAR Sensor Automotive Market is expected to grow from an estimated USD 735.0 Million in 2025 to a projected USD 2,557.3 Million by 2030, at a CAGR of 28.32%, during the forecast period.

 

The market, by volume, is expected to reach 31,686.1 thousand units by 2030 owing to the technological superiority of LiDAR over other available sensors in the automotive industry, such as RADAR and cameras. Factors such as the rising popularity of semi-autonomous vehicles, government regulations for vehicle safety, and an increase in the adoption of ADAS technology by OEMs are driving the LiDAR Sensor Automotive Market.

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Browse 91 market data tables and 54 figures spread through 164 pages and in-depth TOC on "LiDAR Sensor Automotive Market - Global Forecast to 2030" at http://www.marketsandmarkets.com/Market-Reports/lidar-sensor-automotive-market-34875060.html

 

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