Rising Integration of LiDAR in Autonomous Vehicles and Urban Infrastructure Development 2025-2033

The global LiDAR Market reached a size of USD 3.1 Billion in 2024. Forecasts project a market value of USD 13.3 Billion by 2033, recording a CAGR of 17.66% from 2025 to 2033. Growth drivers include autonomous vehicle demand, urban population increase, and precision agriculture advancements. This market expansion is supported by the adoption of 3D imaging technologies and improved LiDAR scanner capabilities.

https://www.openpr.com/news/4263427/rising-integration-of-lidar-in-autonomous-vehicles-and-urban