provides immense opportunities to players in the supply chain. Also, the growing demand of automotive LiDAR from the U.S. The presence of major LiDAR manufacturers and automakers such as Ford Motors Company, General Motors, Velodyne LiDAR, Inc., and Quanergy Systems, among others, as well as advancements in the number of highly automated vehicles accounts for the high growth rate and major share of the U.S. market had a major share in the global automotive LiDAR market for the year 2017. led the global automotive LiDAR market in 2017 in terms of value as the U.S. The automotive LiDAR market holds a prominent share in various countries of North America, Asia-Pacific (APAC), Europe, and Rest-of-the-World (RoW). The demand for automotive LiDAR varies according to various geographical regions. The high growth rate in the volume of LiDARs is predicted due to rising customer demand, extensive usage of LiDARs in high-level automated vehicles, tremendous development in the Research & Development (R&D) for automotive LiDAR to enhance the features of the LIDAR system, and an anticipated decline in manufacturing prices of LiDARs after the commencement of mass production. The global automotive LiDAR market is anticipated to grow at a significant rate during the forecast period 2018-2028. Cameras/RADARs/ultrasonic sensors are unable to meet these sensing requirements due to various operational limitations of these sensors, which in effect, raises the need for the usage of Light Detection and Ranging (LiDARs) for a higher level of automation. However, ADAS and driverless vehicles work on the input provided by automated systems, therefore, necessitating the need for more accurate and dense data provided to the system. With the advent of ADAS and autonomous vehicles, there is need for a system which can assist the driver in the driving process and make it easier for the driver to travel without worrying about the safety and control issues while driving. The global automotive LiDAR market has witnessed several strategic and technological developments in the past few years Satellites - Launch & Propulsion Systems.Electronics & Communication Technologies.Augmented Reality (AR)/ Virtual Reality (VR) / Mixed Reality (MR).

Artificial Intelligence (AI) / Machine Learning (ML).

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