Automotive LiDAR Market Is to Be Worth US $2 Bn by 2026
Automotive LiDAR (Light Detection and Ranging) is an advance scanning surveying technology that maps vehicle surroundings at the speed of light. LiDAR is the latest development in the automotive industry; an advancement in the predecessors of object detection technology such as RADAR (Radio Detection and Ranging) and ultrasonic. LiDAR determines objects or nearby vehicles by emitting light pulses, which reflected off objects and vehicles and create high-resolution images that provide a more accurate image of the surroundings than cameras or...
View full press release