Fact.MR today released its latest report on the LiDAR Market, offering comprehensive insights into the global market’s robust growth propelled by increasing infrastructure projects and the development of smart cities. Valued at USD 2.4 billion in 2024, the market is projected to expand at a compound annual growth rate (CAGR) of 11.6%, reaching USD 7.1 billion by the end of 2034. This significant growth underscores the critical role of LiDAR systems in enhancing precision mapping, autonomous navigation, and asset management across various industries. https://www.factmr.com/report/478/lidar-market