From a physics point of view, continuous transmission and correlation detection of a temporally- and spatially-diverse optical signal over the entire field of view addresses the problem of energy being spread out, and gets you better, more robust depth information for less emitted energy than scanning or full-field flashes.

But from an optical and electronics point of view, it's much harder to process the return signal that way, and probably uses a lot more energy due to the processing required (with current tech).

Actually the same rule as for RADAR also applies to LIDAR: single pulse has better energy efficiency, but requires untenable peak power at any vaguely-state-of-the-art signal quality/reception performance levels.

The reason is that you can time-gate the noise out that would otherwise be hitting your correlation accumulators if you have a vague idea of the supposed delay/ToF for the pulse.

However, once you add mechanical scanning, at least for systems with not that many orders of magnitude between range resolution and maximum detection range, you can use systems like mode-locked lasers that for example have around 0.1% native duty cycle, circumvent the issue of peak power through the aperture/scanning 's spatial focusing (each pixel only needs a managable amount of energy, and delivering that in a single pulse won't require unreasonable peak power levels), and still get all the energy-efficiency benefits of single-pulse ranging vs. spread-spectrum/correlation ranging.

The only but major downside is the requirement of mechanical scanning.