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Global Automotive LiDAR Market to Increase Tenfold by 2031 as Autonomous Driving Advances Beyond the Chasm
[Hyderabad, May 5th, 2025] – The Global Automotive LiDAR Market, valued at USD 680 million in 2023, is projected to surge at a CAGR of 34.2%, reaching USD 6.8 billion by 2031, according to ClearView Market Insights. This explosive growth reflects LiDAR's critical role in enabling next-generation vehicle automation while meeting stringent new safety regulations...
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