Global Automotive Grade 3D LiDAR Sensor market cagr 9.4%

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Automotive Grade

3D LiDAR Sensor Market

Automotive Grade 3D LiDAR Sensor Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Automotive Grade 3D LiDAR Sensor Market Size and Growth

The Automotive Grade 3D LiDAR Sensor market is experiencing significant growth, driven by increasing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles. The market size is projected to reach approximately $2 billion by 2027, reflecting a robust expansion as technology advances and production scales increase, enhancing safety and navigation capabilities.

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Companies Covered

(Covid 19 Impact Covered)

◍ Valeo

◍ RoboSense

◍ Continental

◍ Cepton

◍ Livox

◍ Innoviz

◍ Luminar

◍ Velodyne

◍ ibeo

◍ Hesai Tech

◍ Innovusion

The Automotive Grade 3D LiDAR sensor market features key players like Valeo, RoboSense, Continental, and Luminar. These companies enhance vehicle safety and autonomy through advanced sensing technologies, driving market growth. Specific sales revenue figures include: Valeo: €19 billion; Continental: €39 billion; Velodyne: $60 million (recently).

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Market Segmentation

By Application

OEM

Research

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By Product

Mechanical Lidar

Solid State Lidar

Market Growth

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$ X Billion USD

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Global Automotive Grade 3D LiDAR Sensor market cagr 9.4% by ReportPrime - Issuu