What Is the Automotive LiDAR Market Worth? Continental, Aptiv, ZF, Magna, BMW, Nissan, Mercedes-Benz, Volvo, RoboSense, Audi
Europe automotive LiDAR market will grow at a CAGR of over 60% during the projected timeline. The autonomous industry in the region will grow at a very high pace due to its well-maintained transportation infrastructure and supportive government policies. For instance, in 2015, the Government of the Netherlands established a regulatory framework, which allowed the testing of autonomous vehicles on public roads. In addition, there has been a growth in the number of public-private partnerships, which is further accelerating the...
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