
On the road to autonomous driving, LIDAR technology is becoming the car’s eyes. LIDAR (light detection and ranging) is a surveying method that measures distance to a target by illuminating the target with pulsed laser light and measuring the reflected pulses with a sensor


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Access the PDF sample of the report @ https://www.orbisresearch.com/contacts/request-sample/2495818Lidar is a surveying method that measures distance to a target by illuminating the target with pulsed laser light and measuring the reflected pulses with a sensor.
The name lidar, now used as an acronym of light detection and ranging (sometimes light imaging, detection, and ranging), was originally a portmanteau of light and radar.
Moreover, rising investments in R of self-driven cars in the automotive sector are expected to positively impact the market.
The escalating demand for driverless cars is providing the automobile industry with ample opportunities to embed LiDAR in their systems.
Massive investments from venture capitalists and the flurry of partnerships and acquisitions happening in the LiDAR domain hints on the size of this burgeoning market.
North America is expected to lead the market, pursued by Europe in following years.The LiDAR technology market was valued at 1700 Million US$ in 2018 and is projected to reach 4000 Million US$ by 2025, at a CAGR of 13.0% during the forecast period.



