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.

“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.”