Global Automotive LiDAR Market Expected to Grow at a CAGR of 22.57% During 2018- 2026
Automotive LiDAR (Light Detection and Ranging) is an improved scanning surveying technology that maps surrounding of a car at a speed of light. LiDAR determines objects or vehicles by emitting light pulses, which gets reflected from vehicles or objects and creates high-resolution images, which deliver precise images of surroundings than cameras or radar alone. Major automotive manufacturers are leveraging automotive LiDAR as an accurate technology in the race to develop safe and self-driving autonomous vehicles due to its speed, versatility...
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