Praj Nene
The global light detection and ranging (LiDAR) market size was USD 1.32 billion in 2018 and is expected to hit USD 6.71 billion by 2026, exhibiting a CAGR of 22.7% during the estimated period. LiDAR is used in a wide range of applications including geomorphology, atmospheric physics, archaeology, geomatics, airborne laser swath mapping, and others.
The LiDAR (Light Detection and Ranging) market is expected to continue its rapid growth in the coming years, driven by a range of factors.
This information has been furnished by Fortune Business Insights™ in its research report, titled “Light Detection and Ranging (LiDAR) Market, 2019-2026”.
Segments:
Solid-State LiDAR to Register Substantial Growth Owing to Flexibility of Deployment Across Various Sectors
Based on type, the market is categorized into solid-state and mechanical LiDAR systems. Of these, the solid-state LiDAR segment is anticipated to record a commendable CAGR over the estimated period. The solution does not need any moving parts for functioning and is fabricated on a silicon chip, which favors its adoption across various sectors. Based on region, the industry is fragmented into Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa.
List of Key Players Mentioned in the Report:
- Teledyne Technologies
- FARO Technologies, Inc.
- SICK AG
- Beijing SureStar Technology Co. Ltd.
- Trimble Inc.
- YellowScan
- HEXAGON
- RIEGL Laser Measurement Systems GmbH
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/light-detection-and-ranging-lidar-market-101969
Growth Drivers - Light Detection and Ranging (LiDAR) Industry
The global advanced combat helmet market can be segmented on the basis of type, material, application, and geography:
- The LiDAR (Light Detection and Ranging) market is expected to experience significant growth in the coming years, driven by a number of key factors. Here are some of the main growth drivers for the LiDAR market:
- Rising demand for 3D imaging in various applications: LiDAR technology is widely used for creating 3D images of objects and environments in a range of industries such as automotive, aerospace, defense, and construction. With the increasing demand for 3D imaging, the LiDAR market is expected to grow significantly.
- Increasing adoption of LiDAR in autonomous vehicles: LiDAR is a key technology used in autonomous vehicles for sensing and mapping the surrounding environment. As the demand for autonomous vehicles continues to grow, the LiDAR market is expected to experience significant growth.
- Technological advancements in LiDAR: With ongoing advancements in LiDAR technology, including improvements in range, accuracy, and size, the market is expected to see increased adoption in new applications and industries.
- Growing use of LiDAR in environmental and geospatial applications: LiDAR technology is increasingly being used in environmental and geospatial applications, such as mapping and surveying forests, rivers, and other natural resources. As these applications continue to grow, so too will the demand for LiDAR technology.
- Increasing investments in LiDAR startups: There has been a surge of investment in LiDAR startups in recent years, driven by the potential for LiDAR technology to revolutionize a range of industries. This investment is expected to drive innovation and growth in the LiDAR market.
0
Praj Nene
Related Articles
The global lidar market size was valued at USD 1. The regional market growth can be attributed to mandating the installation of automotive safety technologies and adopting administrative regulations. About Growth Market Reports:GROWTH MARKET REPORTS provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. com Follow Us: LinkedIn | Twitter
0
This market report is comprehensive and encompasses a mixture of parameters of the market and Light Detection and Ranging (LiDAR) industry. Data Bridge Market Research analyses the Asia-Pacific light detection and ranging (LiDAR) market will exhibit a CAGR of 13. dbmr=asia-pacific-lidar-marketLight Detection and Ranging (LiDAR) Market Scope and Market Size :On the basis of technology, the light detection and ranging (LiDAR) market is segmented into 2D LiDAR, 3D LiDAR, and 4D LiDAR. MAJOR TOC OF THE REPORTPart One: Light Detection and Ranging (LiDAR) Market OverviewPart Two: Manufacturers ProfilesPart Three: Asia-Pacific Light Detection and Ranging (LiDAR) Market Competition, by PlayersPart Four: Asia-Pacific Light Detection and Ranging (LiDAR) Market Size by RegionsPart Five: Asia-Pacific Light Detection and Ranging (LiDAR) Market Revenue by CountriesPart Six: Asia-Pacific Light Detection and Ranging (LiDAR) Market Revenue by TypePart Seven: Asia-Pacific Light Detection and Ranging (LiDAR) Market Revenue by ApplicationPart Eight: Asia-Pacific Light Detection and Ranging (LiDAR) Market Revenue by GeographyPart Nine: Asia-Pacific Light Detection and Ranging (LiDAR) Market Revenue by GeographyPart Ten: Asia-Pacific Light Detection and Ranging (LiDAR) Market Revenue by GeographyPart Eleven: Asia-Pacific Light Detection and Ranging (LiDAR) Market Revenue by GeographyGet Detail TOC@ https://www. What will the Light Detection and Ranging (LiDAR) Market Demand and what will be Growth?
0
The principal purpose of this market analysis is to examine the lidar market in terms of factors driving the market, restraints, trends, and opportunities, among others. The Global Lidar Market report is a compilation of different segments, including market breakdown by product type, application, range, deployment, region, and country. The global lidar market, by application, has been segmented into automotive, mining, agriculture, engineering and planning, and transportation, among others. Based on the region, the global lidar market has been segmented into Asia-Pacific and Japan, Europe, the U. id=1006&type=downloadKey Questions Answered in this Report:• What are the underlying structures resulting in the emerging trends within the lidar market?
0
Based on technology, the global LiDAR market is segmented into macro-mechanical LiDAR, flash LiDAR, MEMS LiDAR (micro-electromechanical systems), optical-phased array, and other technologies. Based on wavelength, the LiDAR market is segmented into 885 nm, 905 nm,1064 nm, 1550 nm, and other wavelengths. Based on range, the global LiDAR market is segmented into 885 nm, 905 nm,1064 nm, 1550 nm, and other wavelengths. Based on service, the global LiDAR market is segmented into aerial survey, asset management, GIS services, ground-based survey, and other services. •Who are the local emerging players in the global LiDAR market, and how do they compete with other players?
0
The Europe light detection and ranging (LiDAR) market will exhibit a CAGR of 24. This market analysis report emphasizes the vital modification of the market dynamics and comprehensive analysis of the parent market. dbmr=europe-lidar-market Europe LiDAR Market SegmentationTechnology SegmentOn the basis of Technology, the LiDAR Market is segmented into· 2D LiDAR· 3D LiDAR· 4D LiDARKey Players Europe LiDAR MarketHOKUYO AUTOMATIC CO. The LiDAR Market report also covers geographical markets and key players that have adopted significant strategies for business developments. Contact: Data Bridge Market Research Tel: +1-888-387-2818 Email: Sopan.
0
It also provides region-wise and country-wise growth rates of the Airborne LiDAR Market. The report provides insights on Market Penetration, Market Development, Market Diversification, Competitive Assessment & Intelligence, and Product Development & Innovation. com/get-free-sample/airborne-LiDAR-market Airborne LiDAR better known as airborne laser scanning is a laser scanner attached to the aircraft during the flight. com/Inquire-before-buying/airborne-LiDAR-market Airborne LiDAR Market Competitive LandscapeKey Players· Airborne Imaging· Faro Technologies, Inc. Reasons to Acquire Airborne LiDAR Market Report· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors· Gain authentic and granular data access for Airborne LiDAR Market so as to understand the trends and the factors involved behind changing market situations· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patternsGet Direct Order of this Report: https://www.
0
