LiDAR Market Size, Share, Analysis Report

LiDAR Market By Type Analysis (Airborne LiDAR, Terrestrial LiDAR); By Application Analysis (Coastal, Transportation, Forestry, Infrastructure, Transmission lines, Defense and Aerospace, Flood Mapping) and By Regional Analysis – Global Forecast by

The Global LiDAR Market is expected to be around US$ 5 billion by 2027 and will grow at a CAGR of more than 12% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

12

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

Light Detection and Ranging (LiDAR) is a remote sensing tools that measures scattered light to determine information and variety of target. LiDAR is corresponding to radar insure components. However, LiDAR makes use of waves of shorter wavelengths unlike radar, which uses radio waves for measuring goals. The wavelengths of the digital spectrum for LiDAR generation usually lie within the visible, ultraviolet and infrared range. The LiDAR generation allows direct dimension of 3-D systems and underlying terrain with excessive resolution and excessive information accuracy. The 2 essential kinds of LiDAR include airborne LiDAR which includes topographic and bathymetric LiDAR and terrestrial LiDAR that consists of cellular LiDAR and quick variety LiDAR.

How Big is the Global LiDAR Market?

The Global LiDAR Market is expected to be around US$ 5 billion by 2027 and will grow at a CAGR of more than 12% in the given forecast period.

The major driving factors of Global LiDAR Market are as follows:

  • Proportional advantages over traditional mapping techniques
  • Rising demand for 3D imagery in commercial, consumer and government applications

The restraints factors of Global LiDAR Market are as follows:

  • Need standardization of data formats
  • Software expansion gap posing a threat to the expansion of LiDAR

The Global LiDAR Market is segmented on the lines of its type, application and regional. Based on type segmentation it covers airborne LiDAR and terrestrial LiDAR. Under application segmentation it covers coastal, transportation, forestry, infrastructure, transmission lines, defense and aerospace, flood mapping, others such as mining, hydrography etc. The Global LiDAR Market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for LiDAR and related technologies.

2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.

3) Identifications of new market opportunities and targeted promotional plans for Global LiDAR Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Global LiDAR Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Quantum Spatial (Aerometric) (U.S.), Faro Technology (U.S.), Geodigital (Canada), Leica Geosystems AG (Switzerland), Optech, Inc. (Canada), Reigl Laser Measurement Systems GmbH (Austria), Topcon Positioning Systems, Inc. (U.S.), Trimble Navigation Limited (U.S.), Sick AG (Germany), Velodyne (U.S.), BLOM (Norway), Michael Baker International (U.S.), and YellowScan (France). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global LiDAR Market has been segmented as below:

By Type Analysis

  • Airborne LiDAR
  • Terrestrial LiDAR

By Application Analysis

  • Coastal
  • Transportation
  • Forestry
  • Infrastructure
  • Transmission lines
  • Defense and Aerospace
  • Flood Mapping
  • Others (Mining, Hydrography etc.)

By Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Global LiDAR Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global LiDAR Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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1    INTRODUCTION    

    1.1    Key Take Aways    
    1.2    Report Description    
    1.3    Markets Covered    
    1.4    Stakeholders    
    1.5    Research Methodology    
        1.5.1    Market Size    
        1.5.2    Market Share    
        1.5.3    Key Data Points From Secondary Sources    
        1.5.4    Key Data Points From Primary Sources

2 Research Methodology 
    2.1 Research Data 
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Data From the Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insight
    2.2 Market Size Estimation 
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation 
    2.4 Research Assumption

3 Executive Summary 

4 Premium Insights 
    4.1 Attractive Growth Opportunities in the LiDAR Equipment Market 
    4.2 LiDAR Market, By Application 
    4.3 LiDAR Market in North America, By Product 
    4.4 LiDAR Market, By Product

5 Market Overview 
    5.1 Introduction 
    5.2 LiDAR Lite 
    5.3 Evolution 
           5.3.1 3D LiDAR
    5.4 Market Segmentation 
           5.4.1 LiDAR Market, By Product
           5.4.2 LiDAR Market, By Component
           5.4.3 LiDAR Market, By Application
           5.4.4 LiDAR Market, By Service
           5.4.5 LiDAR Market, By Geography
    5.5 Market Dynamics 
           5.5.1 Drivers
                    5.5.1.1 Encouragement From the Governments and Institutes for Adoption of LiDAR
                    5.5.1.2 Continuously Increasing Use of Drones in Various Applications
                    5.5.1.3 LiDAR Application in Engineering Projects and Large-Magnitude Set
                    5.5.1.4 Technological Superiority of LiDAR
                    5.5.1.5 Automation in LiDAR Systems Leading to Increased Efficiency and Reduced Human Efforts
                    5.5.1.6 Rise in Demand for Robust Security and Sensor Accuracy
           5.5.2 Restraints
                    5.5.2.1 High Cost of LiDAR and High Expense in Surveying Application
                    5.5.2.2 Lack of Awareness Among Customers
           5.5.3 Opportunities
                    5.5.3.1 Vertical Forward Integration
                    5.5.3.2 Automotive Sector Offers New Opportunities for the LiDAR Market
           5.5.4 Challenges
                    5.5.4.1 Environment Constraints Pose A Challenge for the Use of LiDAR

6 Industry Trend 
    6.1 Value Chain Analysis 
           6.1.1 LiDAR Market Value Chain
           6.1.2 Laser Scanner Value Chain Analysis
    6.2 Porter’s Five Forces Analysis 
           6.2.1 Threat of Substitutes
           6.2.2 Bargaining Power of Suppliers
           6.2.3 Bargaining Power of Buyers
           6.2.4 Threat of New Entrants
           6.2.5 Degree of Competition
    6.3 Regulatory Data

7 LiDAR Market, By Component 
    7.1 Introduction 
    7.2 Laser Scanners 
    7.3 Navigation and Positioning Systems 
           7.3.1 Global Positioning System (GPS)
           7.3.2 Inertial Measurement Unit (IMU)
    7.4 Others 
           7.4.1 Camera
           7.4.2 High-Precision Clock
           7.4.3 Other Accessories

8 LiDAR Market, By Product 
    8.1 Introduction 
    8.2 Aerial LiDAR 
           8.2.1 Topography Aerial LiDAR
           8.2.2 Bathymetric Aerial LiDAR
    8.3 Ground-Based LiDAR 
           8.3.1 Mobile Ground-Based LiDAR
           8.3.2 Static Ground-Based LiDAR
    8.4 UAV LiDAR 
    8.5 Solid-State LiDAR

9 LiDAR Market, By Application 
    9.1 Introduction 
    9.2 Corridor Mapping 
           9.2.1 Roadways
           9.2.2 Railways
           9.2.3 Others
    9.3 Engineering 
    9.4 Environment 
           9.4.1 Forest Management
           9.4.2 Coastline Management
           9.4.3 Pollution Modeling
           9.4.4 Agriculture
           9.4.5 Wind Farm
           9.4.6 Precision Forestry
    9.5 ADAS and Driverless Cars 
    9.6 Exploration 
           9.6.1 Oil & Gas
           9.6.2 Mining
    9.7 Urban Planning 
           9.7.1 Tourism and Parks Management
    9.8 Cartography 
    9.9 Meteorology 
    9.10 Others 
           9.10.1 Police LiDAR
           9.10.2 Robotics

10 LiDAR Market, By Service 
     10.1 Introduction 
             10.1.1 LiDAR Data Processing
                        10.1.1.1 Data Acquisition
                        10.1.1.2 Point Cloud Classification
                        10.1.1.3 Creation of 3D Visualization
     10.2 Aerial Surveying 
     10.3 Asset Management 
     10.4 GIS Service 
     10.5 Ground-Based Surveying 
     10.6 Mapping and Modeling 
     10.7 Others

11 Geographical Analysis 
     11.1 Introduction 
     11.2 North America 
             11.2.1 U.S.
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe 
             11.3.1 U.K.
             11.3.2 France
             11.3.3 Germany
             11.3.4 Rest of Europe
     11.4 Asia Pacific 
             11.4.1 China
             11.4.2 Japan
             11.4.3 South Korea
             11.4.4 India
             11.4.5 Rest of APAC
     11.5 Rest of the World 
             11.5.1 Middle East and Africa
             11.5.2 South America

12 Competitive Landscape 
     12.1 Introduction 
     12.2 Market Ranking Analysis: LiDAR Market 
     12.3 Competitive Analysis 
             12.3.1 New Product Launches and Developments
             12.3.2 Partnerships, Collaborations, Agreements, and Expansions
             12.3.3 Mergers and Acquisitions
             12.3.4 Other Strategies

13 Company Profile 
     13.1 Introduction 
     13.2 Quantum Spatial (Aerometric, Inc.) 
     13.3 Faro Technologies 
     13.4 Beijing Beike Technology Co., Ltd (Isurestar) 
     13.5 Leica Geosystems 
     13.6 Teledyne Optech Inc. 
     13.7 Riegl Laser Measurement Systems GmbH 
     13.8 Velodyne LiDAR, Inc. 
     13.9 Yellowscan 
     13.10 Geokno India Pvt. Ltd. 
     13.11 Trimble Inc. 
     13.12 Sick AG 
     13.13 Startup Ecosystem 
             13.13.1 Quanergy Systems, Inc.
             13.13.2 Innoviz Technologies Ltd
             13.13.3 Innoluce Bv, an Infineon Company

The Global LiDAR Market has been segmented as below:

By Type Analysis

  • Airborne LiDAR
  • Terrestrial LiDAR

By Application Analysis

  • Coastal
  • Transportation
  • Forestry
  • Infrastructure
  • Transmission lines
  • Defense and Aerospace
  • Flood Mapping
  • Others (Mining, Hydrography etc.)

By Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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