Automotive Lidar Market Estimated To Grow Significantly Over The Forecast Period : Grand View Research Inc.
San Francisco, 6 March 2019: The Report Automotive LiDAR Market Analysis By Application Type (ADAS And Autonomous Cars), By Region (North America, Europe, Asia Pacific, Latin America, And Middle East And Africa), And Segment Forecasts, 2018 – 2024 The global Automotive LiDAR Market is expected to reach USD 223.2 million by 2024, according to a new report by Grand View Research, Inc. The surging acceptance of automobile safety application arenas and sophisticated technology incorporations in automobile driving automation are expected to boost the market growth. The increasing acceptance for semi-autonomous and autonomous cars in the years to come is further anticipated to bolster the market growth. The market can be categorized, based on application types, into Advanced Driver Assistance Systems (ADAS) & autonomous cars. The ADAS application segment is further segregated into Automatic Emergency Braking (AEB) and Adaptive Cruise Control (ACC). The ADAS application segment is