LiDAR Market to Reach $8.86 Billion by 2032 Due to Transforming Industries with Precision Sensing for Mapping, Autonomous Vehicles, and Smart Cities | Report By SNS Insider

The LiDAR (Light Detection and Ranging) market has been growing rapidly, driven by its wide adoption in sectors like automotive, construction, environmental monitoring, and urban planning.Pune, Aug. 20, 2024 (GLOBE NEWSWIRE) -- LiDAR Market Size & Growth Outlook: “As Per the SNS Insider Research, The LiDAR Market Size is valued at USD 1.77 Billion in 2023. It is estimated to reach USD 8.86 Billion by 2032, growing at a CAGR of 19.60% during 2024-2032.” The rise in LiDAR market is being fueled by
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