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Based on our recently published study "Global LiDAR Market - Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025", Infoholic Research forecasts that the global market for LiDAR is expected to grow, owing to the increasing need to improve driverless cars and enhance safety measures.
LiDAR finds significant interest from the topology & geology departments, and also there is an increasing demand from automobile OEMs. The trend of using LiDAR-based systems is increasing with safer driving provisions and regulations. This trend is fueling the manufacturing of connected vehicles and is helping the market to grow at a CAGR of more than 15% to reach revenue of XX billion by 2025.
Read more on https://www.infoholicresearch.com/press-release/lidar-market/?utm_source=pravinmane&utm_medium=medium&utm_campaign=lead-generation