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LiDAR Companies Are Inundated with Orders; China’s LiDAR Market Size Projected to Surpass 24 Billion Yuan by 2025
4 day ago /
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Author：小编
As a critical component in robotics, LiDAR enables essential functions such as positioning, navigation, and obstacle avoidance. This year, the soaring market demand for robots has led to a significant uptick in orders for LiDAR companies. At the production facility of a LiDAR enterprise in Shenzhen, workers are operating at full capacity. The company's executive noted that domestic sales have nearly doubled compared to the previous year. Another LiDAR manufacturer in Shenzhen has already secured orders stretching through the end of the year. According to industry data, China’s LiDAR market is projected to reach 24.07 billion yuan by 2025 and further expand to 43.18 billion yuan by 2026.
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