The global Automotive 3D Light Detection and Ranging (LiDAR) Market is projected to grow from USD 750.3 million in 2021 to USD 1860.6 million by 2028 at a CAGR of 12.8% during the forecast period.
The growing demand for 3D imagery in a variety of applications, including topographical surveys, military and defense, and civil engineering, is expected to drive the market forward. Textured 3D imagery is utilized in 3D mapping, corridor mapping, city planning, and other applications. The number of enhanced safety features being installed is growing at an exponential rate. In countries such as the United States, self-driving cars utilizing LiDAR for GPS and navigation have been certified by the government.
LIST OF KEY COMPANIES PROFILED:
SureStarFARO Technologies, Inc.HexagonRIEGL Laser Measurement Systems GmbHSICK AGTeledyne Technologies Incorporated.Trimble Inc.Velodyne Lidar, Inc.YELLOWSCANRiegl USAKEY INDUSTRY DEVELOPMENTS:
February 2018 - FARO Technologies Inc. developed the Faro Zone 3D platform, which is based on LiDAR technology, to help investigators and security specialists improve the quality of construction sites and evidence acquired, documentation, reconstruction, and field analysis
September 2017 - Leading firms like Delphi, Osram, Integrated Device Technology, and Magneti Marelli invested a total of USD 130 million in LedderTech. This cash was used to enhance the company's LiDAR development programs and speed up its ASIC development.
Get Sample Copy of Report@ https://www.extrapolate.com/sample/Automotive/automotive-3d-light-detection-and-ranging-lidar/25645
Contact Us:
Extrapolate
Phone: (+1) 888 328 2189
E-mail: [email protected]
Website: https://www.extrapolate.com
Read more: https://www.digitaljournal.com/pr/automotive-3d-light-detection-and-ranging-lidar-market-is-expected-to-reach-usd-1860-6-million-by-2030-at-a-cagr-of-12-8-percent#ixzz7ms4ZXEMp
0
Sign in to leave a comment.