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The lidar market is forecast to grow at a 22.7% annual clip to hit $6.71 billion by the end of 2026. The technology could very well be the catalyst of the fourth industrial revolution, at least in the autonomous driving segment.
With these factors in mind, let’s evaluate which LiDAR stock—Velodyne (VLDR) and Innoviz Technologies (INVZ)—one should buy right now.
