Global Solid-State Automotive Lidar market cagr 10.9%

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Solid-State Automotive Lidar Market

Solid-State Automotive Lidar Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Solid-State Automotive Lidar Market Size and Growth

The Solid-State Automotive Lidar market is experiencing significant growth, driven by advancements in autonomous vehicle technology and safety regulations. As of 2023, the market size is projected to reach approximately $2 billion, with increasing demand for high-resolution imaging and integration capabilities, fostering innovation and competitive dynamics within the sector. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Velodyne

◍ Ouster

◍ Ibeo

◍ Bosch

◍ Luminar

◍ Trimble

◍ Opsys-Tech

◍ Cepton

◍ Innovusion

◍ Phononic

◍ Texas Instrument

◍ Innoviz Technologies

◍ Quanergy Systems

◍ Blickfeld

◍ LeddarTech

◍ Benewake

◍ Livox Horizon

The Solid-State Automotive Lidar market features providers like Velodyne, Ouster, Luminar, and Bosch, enhancing vehicle autonomy and safety. Companies innovate sensor technology, achieve cost reductions, and expand applications, driving market growth. Revenue figures include:

- Velodyne: ~$25M

- Luminar: ~$70M

- Innoviz Technologies: ~$48M. These advancements multiply market adoption.

◍ Neuvition

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Market Segmentation

By Application

Passenger Car

Commercial Car

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By Product

Short Range

Mid Range

Long Range

Market Growth

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$ X Billion USD

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