LiDAR Market
U.S.-based market research firm Transparency Market Research (TMR) announces the release of a new market study. The light detection and ranging, or LiDAR, market is the subject of TMR�s new research report, wherein the market is examined from all perspectives and conclusions drawn from expert analysis of reliable data are presented for the benefit of market stakeholders. The report is titled �LiDAR Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020�.The historical value of the global LiDAR market, taken in the base year 2013, was US$225 million. The market is expected to ride the rising wave of acceptance of LiDAR technology to expand to US$605.5 million by 2020. If said figures hold true, the market will achieve a CAGR in excess of 15% from 2014 to 2020.
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