The report on the Global LiDAR Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
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 LiDAR market is segmented by product as airborne, terrestrial, mobile and short range. Airborne LiDAR is the leading market. The LiDAR market is classified according to component as GPS, data storage & management systems, navigation, laser scanners and others. The LiDAR market is classified according to application as civil engineering, defense, corridor mapping, topographical surveys, volumetric mapping and others.
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.
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
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