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Automotive LiDAR Market worth $11.26 billion by 2033 | MarketsandMarkets™

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DELRAY BEACH, Fla., June 12, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Automotive LiDAR Market is projected to grow from USD 1.70 billion in 2026 to USD 11.26 billion by 2033 at a CAGR of 31.0%.

Browse 250 market data Tables and 230 Figures spread through 350 Pages and in-depth TOC on “Automotive LiDAR Market”

Automotive LiDAR Market Size & Forecast:

Market Size Available for Years: 2026-20332026 Market Size: USD 1.70 billion2033 Projected Market Size: USD 11.26 billionCAGR (2026–2033): 31.0%

Automotive LiDAR Market Trends & Insights:

The BEV segment is projected to account for the largest share during the forecast period.The 3D LiDAR segment is projected to lead the market during the forecast period.North America is expected to grow significantly during the forecast period.

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The automotive LiDAR market is evolving as OEMs move from early autonomous driving pilots toward commercially scalable intelligent driving platforms. LiDAR continues to maintain a strong position in applications that require higher perception accuracy and environmental awareness. Advances in imaging radar and AI-driven perception are increasing competition, particularly in cost-sensitive vehicle programs, pushing LiDAR suppliers to improve cost efficiency, reduce sensor size, and strengthen integration capabilities. This is accelerating the shift of LiDAR deployment toward premium vehicles and higher autonomy applications, where stronger perception accuracy and environmental awareness create greater value and justify higher system cost. Adoption is increasingly concentrated in premium vehicles, intelligent EV platforms, and next-generation driving systems. OEMs such as BYD Co., Ltd. (China), Geely Auto (China), NIO Inc. (China), Mercedes-Benz (Germany), and BMW (Germany) continue expanding LiDAR deployment across production vehicle portfolios, while mobility companies, including Waymo LLC (US), continue using LiDAR for advanced vehicle perception. Vehicle programs such as Mercedes-Benz S Class with DRIVE PILOT and AITO M9 with LiDAR-enabled intelligent driving to reflect continued commercialization.

The BEV segment is projected to account for the largest share during the forecast period.

BEVs are expected to account for the largest share of the automotive LiDAR market during the forecast period due to higher adoption of intelligent driving technologies and stronger compatibility with software-defined vehicle architectures. These vehicles are increasingly designed with centralized computing and electronic architectures that make LiDAR integration easier and more scalable. They also offer greater flexibility for sensor placement through cleaner vehicle designs and dedicated EV packaging, enabling seamless integration of LiDAR into the roof, headlamps, bumper, and windshield areas. Additionally, high-voltage battery architectures support LiDAR power requirements with limited impact on vehicle performance, making advanced sensing more practical for production deployment. Vehicle models such as NIO ET7, XPENG G9, Zeekr 001 FR, AITO M9, and Volvo EX90 reflect this trend and continue expanding LiDAR deployment across electric vehicle portfolios. For instance, in September 2025, Hesai Group (China) introduced the ETX automotive-grade ultra-long range LiDAR at IAA Mobility 2025 with behind-the-windshield integration capability designed for next-generation electric vehicle platforms and Level 3 driving applications. Supported by increasing intelligent feature penetration and continued growth of software-enabled EV platforms, BEVs are expected to remain the largest revenue-generating segment in the automotive LiDAR market.

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The 3D LiDAR segment is projected to lead the market during the forecast period.

The 3D LiDAR segment is expected to lead the automotive LiDAR market during the forecast period due to its ability to generate detailed spatial point cloud data required for advanced perception and intelligent driving functions. Compared with 2D LiDAR, 3D systems provide stronger object classification, depth measurement, free space detection, and environmental reconstruction, making them more suitable for production vehicles with advanced driving capabilities. Most automotive LiDAR programs are built on 3D sensing architectures as OEMs increasingly require higher perception quality for highway driving, urban navigation, and complex traffic environments. Leading products, including AT Series from Hesai Group (China), M Series from RoboSense (China), and Scala series from Valeo (France), are based on 3D LiDAR platforms. In April 2026, Hesai Group (China) introduced its 3D full color ETX LiDAR platform, combining spatial sensing and color recognition capability to improve object identification and environmental perception for intelligent driving systems. Commercial deployment is also expanding across production vehicle programs, with RoboSense reporting deployment across more than 45 vehicle models from eight global OEM groups, including BYD (China), Geely (China), and SAIC Motor (China), reflecting growing industry preference for high-resolution 3D perception. Supported by increasing demand for richer vehicle perception and stronger sensing accuracy, 3D LiDAR is expected to remain the dominant image architecture in the automotive LiDAR market.

North America is expected to grow significantly during the forecast period.

North America is expected to witness significant growth in the automotive LiDAR market during the forecast period due to increasing commercialization of intelligent driving systems, concentration of leading vehicle technology companies, and growing integration of LiDAR into production vehicle programs. The region benefits from a strong ecosystem of OEMs, compute platform providers, and LiDAR developers that are accelerating the deployment of advanced perception architectures. North America also remains a key center for advanced vehicle sensing development, supported by strong collaboration between OEMs, compute platform providers, and LiDAR companies to commercialize higher levels of driving automation. The region is witnessing increasing integration of perception hardware and centralized vehicle computing into premium vehicle programs, creating stronger demand for automotive LiDAR deployment. Companies such as Innoviz Technologies Ltd. (Israel), NVIDIA Corporation (US), and General Motors (US) continue expanding intelligent driving initiatives and vehicle sensing capabilities in the region. For instance, in January 2026, General Motors (US) announced plans to deploy hands-free driving capability across nearly 720,000 additional vehicles annually, increasing the need for advanced sensing technologies, including automotive LiDAR, in future vehicle platforms.

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Top Companies in Automotive LiDAR Market:

The Top Companies in Automotive LiDAR Market are Hesai Group (China), Huawei Technologies Co., Ltd. (China), RoboSense (China), Seyond (US), and Valeo (France).

Browse Adjacent Market: Automotive and Transportation Market Research Reports & Consulting

Related Reports:

Advanced Driver Assistance Systems Market

Automotive RADAR Market

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PlanetiQ Selected for NOAA’s Space-Based Environmental Monitoring IDIQ

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Selection builds on PlanetiQ’s long-standing relationship with NOAA and adds thermospheric neutral density to its environmental data offerings

GOLDEN, Colo., Sept. 11, 2026 /PRNewswire/ — PlanetiQ, a leading provider of commercial satellite-based environmental data, today announced that it has been selected as an industry partner under NOAA’s new Space-Based Environmental Monitoring (SBEM) Indefinite Delivery, Indefinite Quantity (IDIQ) contract. Through the SBEM IDIQ, PlanetiQ will be eligible to compete for task orders to provide NOAA with two types of commercial environmental data: Global Navigation Satellite System-Radio Occultation (GNSS-RO) observations for atmospheric profiling and ionospheric monitoring, and thermospheric neutral density data for satellite orbit prediction.

“This selection builds on our long-standing partnership with NOAA and expands the ways our data can support the agency, from high-resolution atmospheric and ionospheric observations to thermospheric neutral density for satellite orbit prediction,” said Ira Scharf, CEO of PlanetiQ.  

The SBEM IDIQ, established by NOAA’s National Environmental Satellite, Data, and Information Service (NESDIS) through its Commercial Data Program. The contract has a five-year base period followed by a five-year option and is effective from September 1, 2026, through August 31, 2036.

Under SBEM, PlanetiQ will provide data from its existing satellite constellation as well as additional satellites planned for launch later this year. The company’s GNSS-RO observations provide high-resolution atmospheric profiles for numerical weather prediction and measurements of the ionosphere, including Total Electron Content (TEC) and scintillation. PlanetiQ will also introduce thermospheric neutral density data as a new commercial data product for NOAA NESDIS, supporting improved satellite orbit prediction and space-weather applications.

“PlanetiQ has built its business around delivering high-quality GNSS-RO data with the precision needed to improve weather forecasting,” said Ira Scharf, CEO of PlanetiQ. “This selection builds on our long-standing partnership with NOAA and expands the ways our data can support the agency, from high-resolution atmospheric and ionospheric observations to thermospheric neutral density for satellite orbit prediction. We look forward to continuing to work with NOAA to advance weather forecasting and space weather applications.”

Per NOAA’s own press release, NOAA is expanding its procurement and use of new commercial environmental satellite data streams that will enhance weather forecasting and space weather monitoring. The SBEM IDIQ contract is a key part in the agency’s ongoing effort to boost U.S. weather forecasting capabilities.

PlanetiQ currently provides GNSS-RO data to NOAA NESDIS under the agency’s previous commercial data contract vehicle. The company’s most recent task order, announced in August, provides GNSS-RO and ionospheric data and bridges the transition to the new SBEM contract.

About PlanetiQ

PlanetiQ provides the highest-quality GNSS radio occultation (RO) data available from a commercial constellation of satellites, offering unmatched temporal and spatial resolution. The data drive accurate, high-impact weather and climate forecast models, helping improve Numerical Weather Prediction and AI forecasts, safeguard lives and property from severe weather. In 2025, PlanetiQ was awarded NOAA’s largest-ever contract for satellite weather data, valued at $24.3 million. PlanetiQ is a space-tech company that serves the most mission-critical government, defense, and industry leaders, including international weather agencies, enabling more resilient operations across sectors. Founded in 2015 and privately owned, PlanetiQ designs, builds, and operates the preeminent commercial constellation of GNSS-RO satellites, setting the standard for precision and reliability in atmospheric monitoring. For more information, contact info@planetiq.com

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New Bloomberg Tax Projections Give Tax Professionals an Early Start on 2027 Planning

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ARLINGTON, Va., Sept. 11, 2026 /PRNewswire/ — Bloomberg Tax & Accounting released its 2027 Projected U.S. Tax Rates, which indicates a 3.2% increase in inflation from 2026 (compared to the 2.7% increase from 2025). The full report is available at https://aboutbtax.com/bmN8.

Bloomberg Tax’s annual Projected U.S. Tax Rates Report provides early, accurate notice of the potential tax savings that could be realized due to increases in deduction limitations, upward adjustments to tax brackets, and increases to numerous other key thresholds.

In an unprecedented event, the Bureau of Labor Statistics did not report the data from October of 2025. Thus, the C-CPI-U has been computed on an 11-month average.

The report accounts for several new adjustments made under the One Big Beautiful Bill Act (OBBBA) that affect tax planning for taxpayers in 2027 and beyond. For corporate taxpayers and passthroughs, they include an adjustment to the employer-provided child care credit, initially enhanced by the OBBBA. It also includes an adjustment to the threshold for information at source reporting requirements, which was initially increased by the OBBBA. For individuals, the report includes varied income tax rates with steeper adjustments for lower brackets.

“Tax professionals are being asked to make consequential planning decisions amid constant policy change and growing complexity,” said Evan Croen, head of Bloomberg Tax & Accounting. “By providing trusted projections before official figures are released and carrying those updates directly into the tools where professionals work, we can help them move from information to action sooner and spend more time applying their expertise to the decisions that matter most.”

The updated rates flow directly into Bloomberg Tax’s innovative software solutions including Bloomberg Tax Provision, Bloomberg Tax Fixed Assets, and Bloomberg Tax Workpapers. This is an example of the power and efficiency of Bloomberg Tax & Accounting’s integrated suite of solutions, which modernizes the corporate tax process, from data collection to tax calculations that power key deliverable.

Other key adjustments, with comparisons of the 2026 amounts and 2027 projections, include:

Individual Income Tax Rate Brackets 

Married Filing Jointly and Surviving Spouses

2026 Tax Rate Bracket Income Ranges

Projected 2027 Tax Rate Bracket Income Ranges

10% – $0 to $24,800

10% – $0 to $25,600

12% – Over $24,800 to $100,800

12% – Over $25,600 to $104,050

22% – Over $100,800 to $211,400

22% – Over $104,050 to $218,250

24% – Over $211,400 to $403,550

24% – Over $218,250 to $416,650

32% – Over $403,550 to $512,450

32% – Over $416,650 to $529,100

35% – Over $512,450 to $768,700

35% – Over $529,100 to $793,650

37% – Over $768,700

37% – Over $793,650

Unmarried Individuals (other than Surviving Spouses and Heads of Households)

2026 Tax Rate Bracket Income Ranges

Projected 2027 Tax Rate Bracket Income Ranges

10% – $0 to $12,400

10% – $0 to $12,800

12% – Over $12,400 to $50,400

12% – Over $12,800 to $52,025

22% – Over $50,400 to $105,700

22% – Over $52,025 to $109,125

24% – Over $105,7000 to $201,775

24% – Over $109,125 to $208,325

32% – Over $201,775 to $256,225

32% – Over $208,325 to $264,550

35% – Over $256,225 to $640,600

35% – Over $264,550 to $661,375

37% – Over $640,6000

37% – Over $661,375

Standard Deduction

Filing Status

2026

Standard Deduction

Projected 2027

Standard Deduction

Married Filing Jointly/Surviving Spouses

$31,500

$33,200

Heads of Household

$23,625

$24,925 ($24,950)

All Other Taxpayers

$15,7500

$16,600

Alternative Minimum Tax (AMT)

Filing Status

2026

AMT Exemption Amount

Projected 2027

AMT Exemption Amount

Married Filing Jointly/Surviving Spouses

$140,200

$144,700

Unmarried Individuals

(other than Surviving Spouses)

$90,100

$93,000

Married Filing Separately

$70,100

$72,350

Estates and Trusts

$31,400

$32,500

About Bloomberg Tax

Bloomberg Tax delivers a comprehensive suite of solutions designed to help tax and accounting professionals navigate a complex global landscape. By combining practitioner-driven insights with intelligent, AI-powered tools, we provide the expertise you need to ensure compliance, streamline workflows, and drive strategic decision-making. Our integrated solutions simplify intricate calculations and adapt to changing regulations in real time, empowering your organization to mitigate risk, optimize tax strategies, and achieve measurable results with confidence and precision.

Bloomberg Tax is part of Bloomberg Industry Group, an affiliate of Bloomberg L.P., a global leader in business and financial information, data, news, and insights.

For more information, visit bloombergtax.com.

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o15 Capital Partners Announces Realization of $31 Million Senior Secured Credit Facility to Simplify Compliance

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ATLANTA, Sept. 11, 2026 /PRNewswire/ — o15 Capital Partners (“o15”), through its Emerging America Credit Opportunities (“EACO”) fund and its affiliates, is pleased to announce the successful exit of a $31 million senior secured credit facility provided to Simplify Compliance Holdings, LLC (“Simplify” or the “Company”), a diversified provider of B2B training, events, and subscription information backed by Leeds Equity Partners (“Leeds Equity”). Repayment followed the sale of the Company’s datacenterHawk business unit to S&P Global.

The successful realization reinforces o15’s continued conviction in the lower middle market, where disciplined underwriting, sector expertise, and close sponsor partnerships can drive strong investment outcomes. The facility provided flexible capital to support the Company’s strategic objectives and Leeds Equity’s ongoing value creation initiatives.

“Leeds Equity was an excellent partner throughout this investment, and the outcome speaks to their track record building durable businesses,” said Kenneth Saffold, co-CEO and Managing Partner at o15. “We were glad to underwrite behind the strength of Simplify’s digital-first product suite across compliance, workforce training, and data and information assets.”

“o15 was a thoughtful and responsive partner throughout this investment. Their speed and ability to tailor a solution to the Company’s needs were meaningful factors in our financing relationship,” said Chris Mairs, Managing Director at Leeds Equity.

The exit underscores o15’s differentiated investment approach, combining thoughtful structuring, sector expertise, and a focus on measurable impact. Business services and information platforms remain a core area of focus for o15, given the critical role these businesses play across the lower middle market.

About o15 Capital Partners

Based in Atlanta, o15 Capital Partners is an alternatives investment firm that provides growth capital to undercapitalized lower middle market businesses and communities in the Healthcare, Education and Business Services industries.

To learn more about o15 Capital Partners or discuss a new investment opportunity, please visit and follow us on LinkedIn, or reach out to a member of our investment team.

Disclaimer: The information herein should not be construed as investment advice or a recommendation of any security, investment, or investment strategy. References to this investment are for illustrative purposes only, are not representative of all investments made by o15, and should not be construed as a recommendation of any particular investment or investment strategy. Other investments made by o15 have had, and future investments may have different characteristics and results.

media@o15.com

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