Global Vehicle Grade 3D LiDAR Sensor market cagr 9.1%

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Vehicle Grade 3D LiDAR

Sensor Market

Vehicle Grade 3D LiDAR Sensor Market Scope:

Industry Analysis, Market Size, Growth, Trends Till

2031

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Vehicle Grade 3D LiDAR Sensor Market Size and Growth

The Vehicle Grade 3D LiDAR Sensor market is witnessing robust growth, driven by advancements in autonomous vehicle technology. As of 2023, the market size is estimated at approximately $1.2 billion, with a projected CAGR of over 20% through 2030. Key factors include increased demand for safety and navigation applications.

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Companies Covered

(Covid 19 Impact Covered)

◍ Valeo

◍ RoboSense

◍ Continental

◍ Cepton

◍ Livox

◍ Innoviz

◍ Luminar

◍ Velodyne

◍ ibeo

◍ Hesai Tech

◍ Innovusion

The Vehicle Grade 3D LiDAR Sensor Market features companies like Valeo, RoboSense, Continental, and Luminar, developing advanced sensors for autonomous vehicles. They enhance safety and navigation, driving market growth through innovation. Sales figures include Luminar (over $100 million) and Velodyne (approximately $125 million), showcasing market potential and expansion.

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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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