February 19, 2021
Light Detection and Ranging (LiDAR) technology is seeing widespread adoption among many industries thanks to its ability to collect data faster than conventional surveying.
The adoption of LiDAR equipment is increasing in archaeology, agriculture, atmospheric remote sensing, urban planning, forestry, military and more, according to the BCC Research report, Light Detection and Ranging (LiDAR): Technologies and Global Markets.
The global market for LiDAR technologies should grow from USD 3.1 billion in 2020 to USD 8.7 billion by 2025 with a compound annual growth rate (CAGR) of 22.7%.
Light Detection and Ranging (LiDAR): Technologies and Global Markets( PHO028B )
Publish Date: Feb 2021
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email email@example.com or visit www.bccresearch.com/media to request access to our library of market research.