Automotive LiDAR Market Estimated to reach $8,611 million by 2030

Automotive LiDAR Market

The global automotive LiDAR market is projected to grow from USD 555 million in 2022 to USD 8,611 million by 2030, at a CAGR of 40.9%. Parameters such as increasing demand for premium vehicles, in conjunction with growing adoption of ADAS technology by automotive OEMs …

Automotive LiDAR Market Poised to Reach $8,611 Million by 2030

Automotive LiDAR Market

The global automotive LiDAR market was valued at USD 555 million in 2022 and expected to reach USD 8,611 million by 2030 and grow at a CAGR of 40.9% over the forecast period (2022 – 2030). Factors such as increasing sales of high-end vehicles, along …