LiDAR Market Projected to Reach $3.4 billion by 2026

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Chicago, June 10, 2022 (GLOBE NEWSWIRE) — According to the report by MarketsandMarkets™, the “LiDAR Market by Technology (2D, 3D, 4D), Component (Laser Scanners, Navigation and Positioning Systems), Installation Type (Airborne and Ground Based), Range, Service, End-Use Application, and Region – Global Forecast to 2026″ is estimated to grow USD 1.3 billion in 2021 and reach USD 3.4 billion by 2026; it is projected to grow at a CAGR of 21.6% from 2021 to 2026.

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