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Automotive LiDAR Market Share 2023

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 LiDAR technology has taken the automobile world to a whole new level by providing the tools needed for truly safe navigation. Light detection and ranging, also known as LiDAR is a remote sensing technology that measures distance by illuminating A target using laser light. In the case of automotive industry, this technology is used to enhance a vehicles navigation capabilities by detection and avoidance of obstacles enroute. LiDAR does this by providing clear-cut 3D snapshots of every object in the vehicles vicinity. Along with its surveying feature, the LiDar sensors system features automatic speed control, adaptive cruise control systems, braking systems, etc. There are several variants of LiDAR units available today, such as units with 16, 32, and 64 beams of laser light. This report aims to provide a comprehensive presentation of the global market for Automotive LiDAR, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess th...