Automotive LiDAR: global market size by segment 2019 & 2025
The market for LiDAR sensors in robo-cars and level 3-5 vehicles with autonomous driving assistant systems (ADAS) is projected to grow at a compound annual growth rate of roughly 60 percent between 2019 and 2025. The market for LiDAR sensors in robo-cars was estimated to be just under 90 million U.S. dollars in 2019.