The "2025 Global Automotive LiDAR Market Report" released by Yole Group, an international market research and strategic consulting organization, shows that the global passenger car LiDAR market continues to grow rapidly, expanding by 68% year-on-year in 2024, and the market size has climbed to US$692 million. Thanks to the widespread application of high-level intelligent driving assistance systems equipped with LiDAR in the Chinese market, the global LiDAR market has ushered in rapid development, among which Chinese LiDAR brands account for 92% of the market share. RoboSense ranks first in the world with a market share of 26%, with annual sales of 519,800 units. Hesai Technology's annual sales reached 455,200 units, with a market share of 22.77%, ranking second in the world; Huawei's annual sales reached 421,600 units, with a market share of 21.09%, ranking third in the world.