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LiDAR Sensor Market Size
- Report ID: GMI5433
- Published Date: Feb 2023
- Report Format: PDF
LiDAR Sensor Market Size
LiDAR Sensor Market size was worth more than USD 1.5 billion in 2022 and is projected to exhibit over 20% CAGR from 2023-2032. The increasing prevalence of surveillance and excavation efforts around the globe is expected to drive the need for LiDAR sensors.
LiDAR technology offers multiple benefits over conventional techniques, such as aerial mapping solutions to offer high-quality accurate data input. The rapid penetration of high-resolution LiDAR topography across conservation management, flood mitigation, national security, education, infrastructure development, and scientific research is also likely to offer lucrative business prospects. Furthermore, LiDAR has emerged as a promising tool in the field of archeology enabling extensive research and surveys. The expanding applications of the technology and the widespread demand for LiDAR sensors will complement industry growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| LiDAR Sensor Market Size in 2022: | USD 1.5 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 20% |
| 2032 Value Projection: | USD 10 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 450 |
| Tables, Charts & Figures: | 509 |
| Segments covered: | Product, Technology, Range, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
LiDAR Sensor Market Scope
