Light Detection and Ranging Market:In-Depth Analysis on Size, Cost Structure and Prominent Key Players (Leica, Trimble, Teledyne Optech, Riegl, Topcon, Velodyne LiDAR) | Global Forecast to 2025

Industry Highlights

Light Detection and Ranging, popularly known as LiDAR (derived from the common term RADAR) is a sensing technology that makes use of light pulses in the form of a laser to measure variable distances from the Earth. A three dimensional information about the surface characteristics and shape of Earth is obtained using this technology. LiDAR technology helps mapping professionals and scientists to examine and study man-made as well as natural environments with precision, accuracy and flexibility.

Currently, there is no potential substitute for the LiDAR technology. Moreover, market has witnessed increased rapid growth in the automation provided by the LiDARs, along with the technological superiority in its field of application. Owing to these reasons, the LiDAR market is anticipated to grow at a substantial rate in near future. FARO, introduced Focus 3D LiDAR Scanner, a newly added low end device to the stationary 3D scanning market. The PrimeSense 3D Sensor, a non-traditional LiDAR, delivers an innovative solution which is adapted for real-time robotic navigation and is expected to fuel the 3D scanning LiDAR market. The recently found wide application of LiDAR technology in the digital mapping area has helped growth of this technology. Additionally, the introduction of low-cost, hand-held LiDARs is expected to reform the surveying sector in the coming seven years.

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Market Top Player’s
• Leica
• Trimble
• Teledyne Optech
• Riegl
• Topcon
• Velodyne LiDAR
• 3D Laser Mapping
• IGI
• Sure Star

The study objectives of this report are:
• To analyze and study the global Light Detection and Ranging (LIDAR) capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
• Focuses on the key Light Detection and Ranging (LIDAR) manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Market Segments

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Airborne LIDAR
• Mobile LIDAR
• Static LIDAR
By Application, the market can be split into
• Civil Engineering
• Forestry & Agriculture
• Transportation
• Urban Mapping
• Others
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
• North America
• Europe
• China
• Japan
• India
• Southeast Asia
• Other regions (Central & South America, Middle East & Africa)

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This release was published on openPR.