LiDAR Market Size Is Likely To Reach 1.34 Billion By 2024: Grand View Research Inc.
San Francisco, 7 March 2019: The Report LiDAR Market Size, Share & Trends Analysis Report By Component, By Application (Corridor Mapping, Engineering, Environment, Exploration, ADAS), By Product (Airborne, Terrestrial, Mobile & UAV), And Segment Forecasts, 2018 – 2024 The global LiDAR Market is expected to reach USD 1.34 billion by 2024, according to a new report by Grand View Research, Inc. The surging acceptance in environmental mapping and automobile safety application arenas is expected to boost the market growth. The increasing acceptance in the construction and architectural segment for monitoring & 3D-modeling applications is further anticipated to bolster the market growth. The market can be categorized on the basis of application types into corridor mapping, engineering, environment, exploration, Advanced Driver Assistance Systems (ADAS) & others. The ADAS application segment is expected to grow at a remarkable pace owing to the surging incorporation in