LiDAR market growing at 34% CAGR from $682m in 2020 to $2.9bn in 2025
Driven by applications such as advanced driver assistance systems (ADAS), autonomous vehicles (AVs), industry, deliveries and smart cities, the light detection & ranging (LiDAR) market is rising at a compound annual growth rate (CAGR) of 34% from $682m in 2020 to $2.932bn in 2025, forecasts market analyst firm TrendForce...
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