LiDAR for Automotive and Industrial Market Size and Growth
The LiDAR for Automotive and Industrial market research reports highlight increasing adoption in autonomous vehicles and various industrial applications. The market is expected to reach $3.5 billion by 2025, driven by advancements in LiDAR technology and the demand for improved safety, efficiency, and accuracy in automotive and industrial sectors.
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Companies Covered (Covid 19 Impact Covered)
◍ Valeo
◍ Robosense
◍ Luminar
◍ Livox
◍ Quanergy
◍ Waymo
◍ Ouster
◍ LeddarTech
◍ Continental
◍ Cepton
◍ Innoviz
◍ Ibeo
◍ Innovusion
◍ Huwei
◍ Hesai
◍ Velodyne
◍ Denso
◍ LeiShen Intelligent System
The LiDAR market for automotive and industrial applications is highly competitive, with key players including Valeo, Robosense, Luminar, Livox, Quanergy, Waymo, Ouster, Velodyne, Velodyne, Denso, and more. These companies provide advanced LiDAR technology to enhance safety, efficiency, and performance in various industries driving the growth of the market.
- Luminar: $14.8 million in sales revenue
- Velodyne: $98 million in sales revenue
- Denso: $43.1 million in sales revenue
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