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Why lidar can be a viable option for retailers

Why lidar can be a viable option for retailers
Lidar is an emerging technology with applications in autonomous vehicles, security and even in retail. In this note, we discuss why lidar can be a viable option for retailers and its advantages over other sensors, for example IP cameras.
Lidar is an emerging technology that’s gaining popularity. It has applications in autonomous vehicles, security and even in retail. In this first of a two-part series, we discuss why lidar can be a viable option for retailers and its advantages over other sensors, for example IP cameras.
 
As a detection technology, lidar or light detection and ranging is picking up momentum. According to MarketsandMarkets, the lidar market size is projected to reach US$2.8 billion by 2025 from $1.1 billion in 2020, at a CAGR of 20.7 percent. A lidar sensor emits laser pulses into the environment and calculates the distance of an object based on the ti...


Product Adopted:
Retail
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