Global TOF Lidar Market size was valued at US$ 2.95 billion in 2024 and is projected to reach US$ 9.54 billion by 2032, at a CAGR of 15.8% during the forecast period 2025-2032.
TOF (Time-of-Flight) Lidar is an advanced remote sensing technology that measures distance by calculating the time taken for a laser pulse to travel to an object and back.

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