Compact Solid state LIDAR Market
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Compact Solid state LIDAR Market Size and Growth
The Compact Solid-State LIDAR market is experiencing significant growth, driven by advancements in sensor technology and increasing applications in automotive and robotics. The market size is projected to reach approximately $1.2 billion by 2026, reflecting rising demand for more efficient and compact sensing solutions in various industries, enhancing safety and automation capabilities. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Velodyne
◍ Quanergy
◍ LeddarTech
◍ Ibeo
◍ Innoviz
◍ Luminar
◍ Continental AG
◍ Robosense
◍ Benewake
◍ Hesai
The Compact Solid State LIDAR Market features companies like Velodyne, Quanergy, and Luminar, driving innovation through advanced sensing technologies. They enhance autonomous systems' safety and efficiency, expanding applications in automotive and robotics. Sales figures for select companies include Velodyne's $90 million and Luminar's $50 million, contributing to market growth.
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Market Segmentation
By Application
Automotive
Industrial
Security
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By Product
MEMS Based Scanning
Phased Array
Non-Scanning Flash
Market Growth
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$ 2.90 Billion
