According to Goldstein Research, global LiDAR market is expected to reach USD 5.7 billion by 2024, growing at a CAGR of 23.0% over the forecast period 2016-2024. Increasing exploration activities in oil & gas and metals & mining industries are propelling the need for accurate and remote sensing data with advanced analytics technology and thus driving the growth of global LiDAR market. Global LiDAR market segmentation has been done on the basis of components, product type, services, applications, end user and geography. Based on application, corridor mapping segment holds 37.5% market share of total LIDAR market and is projected to dominate the LiDAR market during the forecast period. Global LiDAR market is largely dominated by North America with a market share of 40.0% in 2016. Moreover, APAC tends to grow at the highest CAGR of 22.5% over the forecast period. Browse Full Report: https://www.goldsteinresearch.com/report/global-lidar-light-detection-ranging-lidar-market-...