A research report by GrandView Research reported that the global Lidar markets are going to tip $4.71 Billion USD by the year 2030.

Lidar technology is making big gains in many industries as large companies and advancements start to adopt lidar into their work flows.

The biggest market share to date is the Airborne Lidar segment and on top of this its the Corridor Mapping industry that holds almost 40% of the total global Lidar Market. This is largely due to the mapping industries early adoption of the technology

Other industries that are rapidly growing are the Advanced Driver Assistance Systems on vehicles. We are seeing self driving and crash avoidence make big strides and the speed and accuracy of Lidar has made these advancements possible, We think the adoption of lidar based sensors on vehicles will surpass other categories as it becomes more and more common place.

Airborne is the biggest segment while Terrestrial and Mobile are the remaining large contenders

As of 2021 the global Lidar markets where $1.83 Billion USD and growing at a rate of 9.8% compound annual growth rate,

To read the entire report please see here

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