Report Ocean published a new report on the global LiDAR Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global LiDAR Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2030.
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The term LiDAR refers to a “Light Detection and Ranging” system. It facilitates the detection, analysis, and mapping of objects easier than conventional methods. This system offers highly precise 3D images and data in a shorter time and enhances the automated processing ability of LiDAR systems. LiDAR is gaining huge traction across various end-use industries owing to its characteristics of improving image resolution and automated processing. The growing adoption of LiDAR systems in the unmanned aerial vehicle (UAV), engineering and construction applications, emergence of 4D LiDAR, and increasing use of LiDAR in geographical information system (GIS) applications are bolstering the global market growth. For instance, in February 2021, Leica Geosystems AG declares the launch of its Leica RTC360 3D laser scanner that needs minimal monitoring by the user, and also facilitates better scanning competence, productivity, and scalability when planning reality capture tasks. Accordingly, the introduction of technologically advanced products is further fueling the demand for LiDAR, thus, in turn, augments the market growth across the globe. However, safety threats related to UAVs and autonomous cars and high cost of LiDAR services, and the limited availability of geospatial data impedes the growth of the market over the forecast period of 2022-2028. Also, increasing investments in LiDAR startups by automotive giants and rising adoption of solid-state, MEMS, flash LiDAR, and other LiDAR technologies is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global LiDAR market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the high adoption rate of LiDAR, rising investments in R&D activities, and presence of the leading market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as increasing investments in ADAS and driverless cars, as well as growing responsiveness for the LiDAR systems, would create lucrative growth prospects for the LiDAR market across the Asia-Pacific region.
Major market players included in this report are:
- Leica Geosystems AG
- Trimble, Inc.
- Teledyne Optech
- FARO Technologies, Inc.
- RIEGL Laser Measurement Systems GmbH
- Mira Solutions, Inc
- Airborne Hydrography AB
- Leosphere SAS
- Velodyne Lidar
- Firmatek, LLC
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Type:
- Terrestrial
- Aerial
- Mobile
- Short Range
By Component:
- LASER
- Inertial
- Camera
- GPS GNSS
- Micro-electro mechanical system (MEMS)
By Application:
- Corridor Mapping
- Seismology
- Exploration & Detection
- Others
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By End User:
- Defense & Aerospace
- Civil Engineering
- Archaeology
- Forestry & Agriculture
- Mining
- Transportation
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
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Core Chapters:
Chapter 1: Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.
Chapter 2: Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of LiDAR manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.
Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of LiDAR by region/country, identifying the market size and development potential of each region in the next six years.
Chapter 4: Consumption Analysis: We analyze the consumption of LiDAR in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.
Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.
Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.
Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.
Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.
Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.
Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.
Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.
Chapter 14: Conclusion: Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.
Our LiDAR Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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