"The LiDAR market was valued at 1.39 Billion in 2016 and is expected to reach USD 3.22 Billion by 2022, at a CAGR of 12.4% from 2016 to 2022. The base year used for the study is 2015 and the forecast period is from 2016 to 2022. This report provides a detailed analysis of the LiDAR market based on product, component, service, application, and region. It has been estimated that the ground-based segment would hold the largest share of the LiDAR market among all product types." (Markets And Markets)