LiDAR Market Research and Development 2016 to 2022

New York, October 08, 2018: The Global LiDAR Market is expected to exceed more than US$ 3 billion by 2022 and will grow at a CAGR of more than 12.1% in the given forecast period.

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.

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.

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This report provides:

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

2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.

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.

The Global LiDAR Market is segmented on the Basis of Type, Application Type, Geographical Analysis. By Type this market is segmented on the basis of Airborne LiDAR and Terrestrial LiDAR. By Application Type this market is segmented on the basis of Coastal, Transportation, Forestry, Infrastructure, Transmission lines, Defense and Aerospace, Flood Mapping and Others (Mining, Hydrography etc.) By Geographical Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.

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

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Table of Contents

1 INTRODUCTION

2 Research Methodology

3 Executive Summary

4 Premium Insights

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

7 LiDAR Market, By Component

8 LiDAR Market, By Product

9 LiDAR Market, By Application

10 LiDAR Market, By Service

11 Geographical Analysis

12 Competitive Landscape

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

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