The latest report by Renub Research, titled “LiDAR Market Size, Share, Global Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the LiDAR Market will be USD 3.92 Billion by 2027. LiDAR, which determines light detection and ranging, is a popular remote sensing system used to measure the exact range of an object on Earth surface, even though it was primarily applied in the 1960s during laser scanners were mounted to aeroplanes. LiDAR is one of the numerous promising sensor-based technologies is reflected in a combination of laser scanning and 3D scan
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