Product ID: SQMIG45M2006
Report ID:
SQMIG45M2006 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
121 |
Figures:
77
Based on regional analysis, North America accounted for the largest revenue share in 2021. The region is using LiDAR technology for several applications such as urban planning, environment monitoring, weather forecasts, etc. Estimates also state that the adoption of technology in the heavy and lightweight automobile will also increase in the region, thus boosting the further LiDAR Market growth. The second position is bagged by the Asia Pacific that will see a growth rate of 20% between 2022-2028. The LiDAR Market in this region is growing opportunities for use in various sectors such as agriculture, corridor mapping, etc. India, China, and Japan will emerge as the hubs of drone technology and thus promote the growth of LiDAR technology.
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REQUEST FREE CUSTOMIZATIONLidar Market size was valued at USD 1.5 billion in 2019 and is poised to grow from USD 1.7 billion in 2023 to USD 4.83 billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031).
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Product ID: SQMIG45M2006