Lidar Industry Overview The global LiDAR market was valued at USD 1.81 billion in 2021 and is projected to experience significant growth, with an expected compound annual growth rate (CAGR) of 9.8% from 2022 to 2030. This growth is largely driven by technological advancements that have improved the spatial resolution of LiDAR-based digital terrain models, enabling more accurate applications...

LiDAR Market Research Report by (2024 – 2031) LiDAR Market Overview LiDAR (Light Detection and Ranging) is a remote sensing method that uses light to measure distances to objects. It has gained significant traction in recent years, primarily due to its applications in autonomous vehicles, robotics, and mapping. LiDAR systems emit laser pulses and measure the time it takes for the...