Hello,
the best way forward would be to find a software (or write a tool) that can convert your points from the PCAP format to the LAS format. I am surprised the makers of the Velodyne scanners do not themselves provide a tool to convert the points their hardware captures into the LAS format - the most commonly used binary point data exchange format. I am cc-ing this email to the Velodyne LiDAR development team requesting that they add a LAS exporter to their software. But I am not a customer, so if you want such a tool and have more of their attention than me then I suggest that you email them as well. You have their address now ... (-:
(1) I suggest you create many many txt files containing the points in xyz or xyzi a layout (i = intensity). Maybe one file per driveline.
(2) Then you convert each of them to the LAZ format with txt2las using the '-parse xyz' or the '-parse xyzi' option.
(3) Then you tile the resulting LAZ files into buffered tiles that have less than, say 10 million, points per tile with lastile.
lastile -v -i drivelines/*.laz -merged ^
-tile_size 100 ^
-buffer 5 ^
-odir raw_tiles -o gmu.laz
(4) Then you refine tiles to 10 million points per tile if needed
lastile -v -i raw_tiles/*.laz ^
-refine_tiles 10000000 ^
-cores 4
lastile -v -i raw_tiles/*.laz ^
-refine_tiles 10000000 ^
-cores 4
(5) And then - starting from the tiles in the tiles_raw folder - you run one of those many tile-based batch processing pipelines for ground classification and DTM generation described previously in numerous tutorials, videos, and forum entries.
Regards,
Martin @rapidlasso