Automotive LiDAR Market to Grow at 31.3% CAGR Reaching USD 6,464.4 Million by 2033, Accelerates Autonomous Mobility with Smart Sensing Innovation

LONDON, May 12, 2026 /PRNewswire/ — Persistence Market Research, a leading management consulting firm, has released this update on the automotive LiDAR market. These advanced sensing systems use laser pulses to map surroundings with high precision, supporting safer and smarter driving technologies across passenger and commercial vehicles.

The global automotive LiDAR market is growing rapidly, expected to be valued at around US$ 960.9 million in 2026 and projected to reach…