LiDAR Market Size, Share, Analysis Report

LiDAR Market Size By Type (Terrestrial, Aerial, Mobile, Short Range), By Component (LASER, Inertial Navigation System, Camera, GPS GNSS Receiver, MEMS), By Application (Corridor Mapping, Seismology, Exploration & Detection, Others), By End-user (Defense & Aerospace, Civil Engineering, Archaeology, Forestry & Agriculture, Mining, Transportation), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The LiDAR Market is expected to grow from US$ 1.17 billion in 2022 to US$ 4.60 billion by 2027 at a CAGR of 21.94% from 2022 to 2027.

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MARKET SNAPSHOT

Major Players

  • Leica Geosystems Ag
  • Trimble Inc
  • Teledyne Optech
  • Faro Technologies Inc
  • Riegl Laser Measurement Systems Gmbh
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    21

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    LiDAR is considered as a mixture of laser scanning and 3D scanning; therefore, it is also known as 3D laser scanning. Nevertheless, the easy availability of low-cost and lightweight photogrammetric systems along with several safety threats related to UAVs and autonomous cars are expected to act as the major restrictions for the development of LiDAR. This system is used over predictable surveying methods, due to their capability to provide highly accurate data and 3D images in a shorter time. Improved automated processing ability of LiDAR systems in terms of image resolution and data processing capabilities over other technologies is the major feature that drives the growth of the LiDAR market. LiDAR is a kind of light detection and ranging or laser imaging detection and ranging. LiDAR technology is remote sensing in which light is used in the form of laser to appraise variable distances to the earth.

    The LiDAR Market is expected to grow from US$ 1.17 billion in 2022 to US$ 4.60 billion by 2027 at a CAGR of 21.94% from 2022 to 2027.

    The global LiDAR market is segregated on the basis of Type as Terrestrial, Aerial, Mobile and Short Range. Based on Component the global LiDAR market is segmented in LASER, Inertial Navigation System, Camera, GPS GNSS Receiver and MEMS. The global LiDAR market is segregated on the basis of Application as Corridor Mapping, Seismology, Exploration & Detection and Others.

    Based on End-use, the global LiDAR market is segmented in Defense & Aerospace, Civil Engineering, Archaeology, Forestry & Agriculture, Mining and Transportation.

    The global LiDAR market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The LiDAR market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Analysis

    Leica Geosystems Ag, Trimble Inc., Teledyne Optech, Faro Technologies, Inc., Riegl Laser Measurement Systems Gmbh, Sick Ag, Quantum Spatial, Beijing Surestar Technology Co. Ltd., Velodyne Lidar, Inc., Yellowscan, Geokno India Private Limited, Phoenix Lidar Systems, Leddartech Inc., Quanergy Systems, Inc., Innoviz Technologies Ltd., Leosphere, Waymo Llc, Valeo S.A., Neptec Technologies Corp. And Ouster, Inc. among the major players in the global LiDAR market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

    The global LiDAR market has been segmented as below:

    LiDAR Market, By Type

    • Terrestrial
    • Aerial
    • Mobile
    • Short Range

    LiDAR Market, By Component

    • LASER
    • Inertial Navigation System
    • Camera
    • GPS GNSS Receiver
    • MEMS

    LiDAR Market, By Application

    • Corridor Mapping
    • Seismology
    • Exploration & Detection
    • Others

    LiDAR Market, By End-use

    • Defense & Aerospace
    • Civil Engineering
    • Archaeology
    • Forestry & Agriculture
    • Mining
    • Transportation

    LiDAR Market, By Region

    • Europe
    • North America
    • Asia Pacific
    • Rest of The World

    LiDAR Market, By Company

    • LEICA GEOSYSTEMS AG
    • TRIMBLE INC.
    • TELEDYNE OPTECH
    • FARO TECHNOLOGIES, INC.
    • RIEGL LASER MEASUREMENT SYSTEMS GMBH
    • SICK AG
    • QUANTUM SPATIAL
    • BEIJING SURESTAR TECHNOLOGY CO. LTD.
    • VELODYNE LIDAR, INC.
    • YELLOWSCAN
    • GEOKNO INDIA PRIVATE LIMITED
    • PHOENIX LIDAR SYSTEMS
    • LEDDARTECH INC.
    • QUANERGY SYSTEMS, INC.
    • INNOVIZ TECHNOLOGIES LTD.
    • LEOSPHERE
    • WAYMO LLC
    • VALEO S.A.
    • NEPTEC TECHNOLOGIES CORP.
    • OUSTER, INC.

    The report covers the below scope:

    • Global LiDAR market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global LiDAR market trends, covering comprehensive range of consumer trends & manufacturer trends.
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global LiDAR market.
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    The years considered for the study are as follows:

    • Base year – 2021
    • Estimated year – 2022
    • Projected year – 2023
    • Forecast period – 2022 to 2027

    Report Scope:

    The global LiDAR market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global LiDAR market share. Major industry players with significant revenue share include LEICA GEOSYSTEMS AG, TRIMBLE INC., TELEDYNE OPTECH, FARO TECHNOLOGIES, INC., RIEGL LASER MEASUREMENT SYSTEMS GMBH, SICK AG, QUANTUM SPATIAL, BEIJING SURESTAR TECHNOLOGY CO. LTD., VELODYNE LIDAR, INC., YELLOWSCAN, GEOKNO INDIA PRIVATE LIMITED, PHOENIX LIDAR SYSTEMS, LEDDARTECH INC., QUANERGY SYSTEMS, INC., INNOVIZ TECHNOLOGIES LTD., LEOSPHERE, WAYMO LLC, VALEO S.A., NEPTEC TECHNOLOGIES CORP. and OUSTER, INC and others.

    Why to Buy this Report:

    • Gain detailed insights on the LiDAR industry trends.
    • Find complete analysis on the market status
    • Identify the LiDAR market opportunities and growth segments.
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Target Audience:

    The report targeted towards the existing players in the industry is as follows:

    • Market Manufacturers/Service Providers
    • Market Wholesale/Traders
    • Investment and Financial Institutions

    PS: Free and Paid Customization based on the requirement.

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    1.Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview

        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. LiDAR Market, By Type
        5.1 Introduction
        5.2 Terrestrial
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Aerial
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Mobile
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Short Range
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
    6. LiDAR Market, By Component
        6.1 Introduction
        6.2 LASER
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Inertial Navigation System
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 GPS GNSS Receiver
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 MEMS
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast
        6.6 Camera
            6.6.1 Market Overview
            6.6.2 Market Size and Forecast
    7. LiDAR Market, By Application
        7.1 Introduction
        7.2 Corridor Mapping
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Seismology
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Exploration & Detection
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Others
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast
    8. LiDAR Market, By End-use
        8.1 Introduction
        8.2 Defense & Aerospace
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 Civil Engineering
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
        8.4 Archaeology
            8.4.1 Market Overview
            8.4.2 Market Size and Forecast
        8.5 Forestry & Agriculture
            8.5.1 Market Overview
            8.5.2 Market Size and Forecast
        8.6 Mining
            8.6.1 Market Overview
            8.6.2 Market Size and Forecast
        8.7 Transportation
            8.7.1 Market Overview
            8.7.2 Market Size and Forecast
    9. LiDAR Market, By Geography
        9.1 Introduction
        9.2 Europe
            9.2.1 Europe LiDAR, By Type
            9.2.2 Europe LiDAR, By Component
            9.2.3 Europe LiDAR, By Application
            9.2.4 Europe LiDAR, By End-use
        9.3 North America
            9.3.1 North America LiDAR, By Type
            9.3.2 North America LiDAR, By Component
            9.3.3 North America LiDAR, By Application
            9.3.4 North America LiDAR, By End-use
        9.4 Asia Pacific
            9.4.1 Asia Pacific LiDAR, By Type
            9.4.2 Asia Pacific LiDAR, By Component
            9.4.3 Asia Pacific LiDAR, By Application
            9.4.4 Asia Pacific LiDAR, By End-use
        9.5 Rest of The World
            9.5.1 Rest of The World LiDAR, By Type
            9.5.2 Rest of The World LiDAR, By Component
            9.5.3 Rest of The World LiDAR, By Application
            9.5.4 Rest of The World LiDAR, By End-use
    10. Competitive Insights
        10.1 Key Insights
        10.2 Company Market Share Analysis
        10.3 Strategic Outlook
            10.3.1 Mergers & Acquisitions
            10.3.2 New Product Development
            10.3.3 Portfolio/Production Capacity Expansions
            10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            10.3.5 Others
    11. Company Profiles
        11.1 GEOKNO INDIA PRIVATE LIMITED
            11.1.1 Company Overview
            11.1.2 Product/Service Landscape
            11.1.3 Financial Overview
            11.1.4 Recent Developments
        11.2 PHOENIX LIDAR SYSTEMS
            11.2.1 Company Overview
            11.2.2 Product/Service Landscape
            11.2.3 Financial Overview
            11.2.4 Recent Developments
        11.3 LEDDARTECH INC.
            11.3.1 Company Overview
            11.3.2 Product/Service Landscape
            11.3.3 Financial Overview
            11.3.4 Recent Developments
        11.4 QUANERGY SYSTEMS, INC
            11.4.1 Company Overview
            11.4.2 Product/Service Landscape
            11.4.3 Financial Overview
            11.4.4 Recent Developments
        11.5 INNOVIZ TECHNOLOGIES LTD.
            11.5.1 Company Overview
            11.5.2 Product/Service Landscape
            11.5.3 Financial Overview
            11.5.4 Recent Developments
        11.6 LEOSPHERE
            11.6.1 Company Overview
            11.6.2 Product/Service Landscape
            11.6.3 Financial Overview
            11.6.4 Recent Developments
        11.7 WAYMO LLC
            11.7.1 Company Overview
            11.7.2 Product/Service Landscape
            11.7.3 Financial Overview
            11.7.4 Recent Developments
        11.8 VALEO S.A.
            11.8.1 Company Overview
            11.8.2 Product/Service Landscape
            11.8.3 Financial Overview
            11.8.4 Recent Developments
        11.9 NEPTEC TECHNOLOGIES CORP.
            11.9.1 Company Overview
            11.9.2 Product/Service Landscape
            11.9.3 Financial Overview
            11.9.4 Recent Developments
        11.10 OUSTER, INC
            11.10.1 Company Overview
            11.10.2 Product/Service Landscape
            11.10.3 Financial Overview
            11.10.4 Recent Developments
                11.11 ZX LIDARS
            11.11.1 Company Overview
            11.11.2 Product/Service Landscape
            11.11.3 Financial Overview
            11.11.4 Recent Developments
        11.12 LEICA GEOSYSTEMS AG
            11.12.1 Company Overview
            11.12.2 Product/Service Landscape
            11.12.3 Financial Overview
            11.12.4 Recent Developments
        11.13 TRIMBLE INC.
            11.13.1 Company Overview
            11.13.2 Product/Service Landscape
            11.13.3 Financial Overview
            11.13.4 Recent Developments
        11.14 TELEDYNE OPTECH
            11.14.1 Company Overview
            11.14.2 Product/Service Landscape
            11.14.3 Financial Overview
            11.14.4 Recent Developments
        11.15 FARO TECHNOLOGIES, INC.
            11.15.1 Company Overview
            11.15.2 Product/Service Landscape
            11.15.3 Financial Overview
            11.15.4 Recent Developments
        11.16 FARO TECHNOLOGIES, INC.
            11.16.1 Company Overview
            11.16.2 Product/Service Landscape
            11.16.3 Financial Overview
            11.16.4 Recent Developments
        11.17 FARO TECHNOLOGIES, INC.
            11.17.1 Company Overview
            11.17.2 Product/Service Landscape
            11.17.3 Financial Overview
            11.17.4 Recent Developments
        11.18 FARO TECHNOLOGIES, INC.
            11.18.1 Company Overview
            11.18.2 Product/Service Landscape
            11.18.3 Financial Overview
            11.18.4 Recent Developments
        11.19 FARO TECHNOLOGIES, INC.
            11.19.1 Company Overview
            11.19.2 Product/Service Landscape
            11.19.3 Financial Overview
            11.19.4 Recent Developments
        11.20 FARO TECHNOLOGIES, INC.
            11.20.1 Company Overview
            11.20.2 Product/Service Landscape
            11.20.3 Financial Overview
            11.20.4 Recent Developments

    The global LiDAR market has been segmented as below:

    LiDAR Market, By Type

    • Terrestrial
    • Aerial
    • Mobile
    • Short Range

    LiDAR Market, By Component

    • LASER
    • Inertial Navigation System
    • Camera
    • GPS GNSS Receiver
    • MEMS

    LiDAR Market, By Application

    • Corridor Mapping
    • Seismology
    • Exploration & Detection
    • Others

    LiDAR Market, By End-use

    • Defense & Aerospace
    • Civil Engineering
    • Archaeology
    • Forestry & Agriculture
    • Mining
    • Transportation

    LiDAR Market, By Region

    • Europe
    • North America
    • Asia Pacific
    • Rest of The World

    LiDAR Market, By Company

    • LEICA GEOSYSTEMS AG
    • TRIMBLE INC.
    • TELEDYNE OPTECH
    • FARO TECHNOLOGIES, INC.
    • RIEGL LASER MEASUREMENT SYSTEMS GMBH
    • SICK AG
    • QUANTUM SPATIAL
    • BEIJING SURESTAR TECHNOLOGY CO. LTD.
    • VELODYNE LIDAR, INC.
    • YELLOWSCAN
    • GEOKNO INDIA PRIVATE LIMITED
    • PHOENIX LIDAR SYSTEMS
    • LEDDARTECH INC.
    • QUANERGY SYSTEMS, INC.
    • INNOVIZ TECHNOLOGIES LTD.
    • LEOSPHERE
    • WAYMO LLC
    • VALEO S.A.
    • NEPTEC TECHNOLOGIES CORP.
    • OUSTER, INC.

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    The market is expected to grow at a CAGR of 21.94% during the study period (2022-2027)
    The LiDAR Market is expected to grow from US$ 1.17 billion in 2022 to US$ 4.60 billion by 2027
    The segment included in LiDAR Market is Type, Component, Application, End-user and region.
    Some key players operating in the LiDAR Market include Leica Geosystems Ag, Trimble Inc., Teledyne Optech, Faro Technologies, Inc., Riegl Laser Measurement Systems Gmbh, Sick Ag, Quantum Spatial, Beijing Surestar Technology Co. Ltd
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