MEMS LiDAR Global Market Report 2022: Rapid Rise of Autonomous Vehicles Boosts Growth - ResearchAndMarkets.com
The "MEMS LiDAR Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
- The "MEMS LiDAR Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
- The MEMS LiDAR market is driven by increasing demand from the automobile industry.
- However, the presence of substitutes and lack of awareness about technology can hamper the growth of the market.
- Moreover, demand for automated vehicles is also increasing in the region which is further uplifting the growth of the market.