Environmental Monitoring Drives LiDAR Market Expansion

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2025-07-30 16:31:23 -

The global LiDAR (Light Detection and Ranging) market is poised for exponential growth, driven by its increasing adoption in autonomous vehicles, environmental monitoring, and smart infrastructure. Valued at US$ 1.3 Bn in 2023, the LiDAR market is projected to expand at a robust CAGR of 20.6% and reach US$ 10.0 Bn by 2034. Analysts forecast that integration with artificial intelligence will...

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