Light Detection and Ranging Market to Reach USD 605.5 Million by 2020 :Transparency Market Research
The global LiDAR market is forecast to reach USD 605.5 million by 2020. Some of the factors responsible for growth of LiDAR market are increasing demand for 3D imagery in consumer, commercial and government applications and comparative advantages of LiDAR technology over traditional mapping and surveying methods. Further, in the recent years, there has been a significant reduction in the price of LiDAR devices, which is further aiding the LiDAR growth.
View full press release