Light Detection and Ranging (LiDAR) Market to grow by USD 6.62 Billion from 2024-2028, expanded applications driving revenue, AI redefining trends - Technavio [Yahoo! Finance]
FARO Technologies, Inc. (FARO)
Last faro technologies, inc. earnings: 4/28 04:10 pm
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Source: Yahoo! Finance
estimated to grow by USD 6.62 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 28.82% during the forecast period. Expanding application areas of LiDAR technology is driving market growth, with a trend towards development of lidar sensors based on continuous-wave frequency modulation (CWFM) technology. However, high cost of lidar sensors poses a challenge. Key market players include DENSO Corp., FARO Technologies Inc., GMR Infrastructure Ltd., Hexagon AB, Innoviz Technologies Ltd., LeddarTech Inc., Luminar Technologies Inc., Ouster Inc., Phoenix LiDAR Systems, Quanergy Systems Inc., RIEGL Laser Measurement Systems GmbH, Robert Bosch GmbH, RoboSense, SICK AG, SureStar, Teledyne Technologies Inc., Trimble Inc., Valeo SA, YellowScan, and Zephir Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period
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FARO
News
- LiDAR Market Share to Rise At 18.0% CAGR, To Reach USD 8,629.47 Million by 2034 | PMR [Yahoo! Finance]Yahoo! Finance
- FARO Technologies, Inc. (NASDAQ: FARO) had its price target raised by analysts at Craig Hallum from $30.00 to $33.00. They now have a "buy" rating on the stock.MarketBeat
- FARO Technologies, Inc. (NASDAQ: FARO) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- FARO Technologies Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Faro Technologies Inc (FARO) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
FARO
Earnings
- 11/6/24 - Beat
FARO
Sec Filings
- 12/4/24 - Form 4
- 12/3/24 - Form 144
- 11/21/24 - Form 4
- FARO's page on the SEC website