The Global LiDAR Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively. The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.
LiDAR stands for Light Detection and Ranging. It is a remote sensing method used to examine the surface of the Earth. LiDAR systems are either airborne; mounted on an airplane or a helicopter or they are terrestrial systems. It is used in variety of applications such as agriculture, automatic remote sensing, meteorology, defense, mining, robotics etc.
The key drivers for the LiDAR market are increasing demand for 3D imagery in various segments such as defense and reduction in LiDAR prices. The environmental applications such as fisheries monitoring, near-surface soil content and vegetation health are also expected to boost the market. The High demand in LiDAR is due to rising demand in aerospace applications, reverse engineering, telecommunications, asset management, civil engineering and mine mapping is expected to drive the market. The key constraints of this market are low awareness about LiDAR and costly equipment used in the production of LiDAR.
The Asia Pacific market is expected to show high growth during the forecast period on account of increased defense spending. North America is expected to dominate the market, followed by Europe over the forecast period.
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The Key market players are:
- Aerometric
- Airborne Hydrography
- Firmatek
- Faro Technology
- 3D Laser Mapping
Companies operating in the LiDAR market focus on establishing a wide distribution network and new component development initiatives. Strategic partnerships and acquisitions are also used for business expansion.
SEGMENTATIONS IN REPORT:
LiDAR By Product
- Airborne
- Terrestrial
- Mobile
- Short Range
LiDAR By Component
- GPS
- Data storage & management systems
- Navigation
- Laser Scanners
- Others
LiDAR By Application
- Civil Engineering
- Defense
- Corridor Mapping
- Topographical Surveys
- Volumetric Mapping
- Others
LiDAR By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
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The Global LiDAR Market has been exhibited in detail in the following chapters –
Chapter 1 LiDAR Market Preface
Chapter 2 Executive Summary
Chapter 3 LiDAR Industry Analysis
Chapter 4 LiDAR Market Value Chain Analysis
Chapter 5 LiDAR Market Analysis By Product
Chapter 6 LiDAR Market Analysis By Component
Chapter 7 LiDAR Market Analysis By Application
Chapter 8 LiDAR Market Analysis By Geography
Chapter 9 Competitive Landscape Of LiDAR Companies
Chapter 10 Company Profiles Of LiDAR Industry
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The report "LiDAR Market by Type (Mechanical, Solid-state), Installation Type, Service (Aerial Surveying, GIS services), Application (Corridor Mapping, Environment, Engineering, ADAS & Driverless Cars), Component, Range, and Geography - Global Forecast to 2025", size is projected to reach USD 2.8 billion by 2025 from an estimated USD 1.1 billion in 2020, at a CAGR of 20.7% from 2020 to 2025.
Browse 121 market data Tables and 63 Figures spread through 212 Pages and in-depth TOC on "LiDAR Market by Type (Mechanical, Solid-state), Installation Type, Service (Aerial Surveying, GIS services), Application (Corridor Mapping, Environment, Engineering, ADAS & Driverless Cars), Component, Range, and Geography - Global Forecast to 2025"Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1261 Ground-based LiDAR segment to lead LiDAR market during forecast periodGround-based LiDAR is expected to dominate the LiDAR market, by installation type.
Ground-based LiDAR systems cost less and have less stringent approval criteria for mapping and surveying applications, which leads to the larger size of these systems in the market.
These LIDAR sensors are used to provide 2D and 3D real-time data to easily identify objects within the range of 200–500 m. The market for medium-range LIDAR is expected to grow at the highest rate, driven by the use of medium-range LiDAR in engineering and construction applications.
The growth of this market can be attributed to the increase in surveying and mapping operations due to increasing infrastructural development, rising focus on forest management, and growing mining activities in the region.
A detailed analysis of the key industry players has been carried out to provide insights into their business overviews, product offerings, and key strategies, such as product launches and developments, partnerships, agreements, expansions, acquisitions, contracts, alliances, associated with the LiDAR market.View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/lidar-market-1261.html About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Global LIDAR Market: Industry Perspective, COVID-19 Impact Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2030 Global LiDAR market is estimated 848.64 million USD in 2020 and is anticipated to reach 5254.5701 million USD by 2030 to grow at a CAGR of 20% during the forecast period owing to its applications in meteorology, cartography, urban planning, and exploration, driverless cars, advanced driver assistance systems, engineering, and corridor mapping.Electronic devices & semiconductors are critical technological enablers that power a large number of today's cutting-edge digital gadgets.
Mobile devices, communications equipment, information technology, office automation (IT & OA), industrial machinery, cars, and a variety of other end-use sectors all have computer applications in some form or another, necessitating increased need for semiconductors.Emerging technologies like as autonomous driving, artificial intelligence (AI), 5G, and the Internet of Things, together with steady R expenditure and rivalry among important companies, are expected to propel the global semiconductor industry forwards far into the next decade.With the Covid-19 epidemic driving increased demand for electronic gadgets, the world's electronics and semiconductor industries predict a bright future.Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.decisionforesight.com/request-sample/DFS020341 Market Dynamics and Factors:The use of safety-related electronics technologies in the automobile industry has exploded.
The major driver of semiconductor growth in consumer electronics will be head-mounted displays.
Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.Browse Full report on Global Network Forensics Market @ https://www.decisionforesight.com/reports/lidar-market Geographic Analysis:On a regional basis,the North American consumer electronics industry is expected to develop steadily because of the large number of internet users and the early adoption of smart household electric equipment & IOT Technology.
The primary contributing component will be a growing share of Chinese items, which is boosting the expansion of the whole Asia Pacific market.
Solid fundamentals, including growing population and earnings, as well as a continuous stream of tourists to the emirate, are credited with the emirate's resiliency.Competitive Analysis:The major key players in global LIDAR market are Hexagon AB, Trimble Inc., Riegl Laser Measurement Systems GMBH, Faro Technologies, Geokno India Pvt.
