Light Detection And Ranging (LiDAR) Market Size & Share - Industry Trend and Forecast 2013 - 2019

The report analyzes and presents an overview of "Light Detection And Ranging (LiDAR) Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth And Forecast, 2013 - 2019" worldwide.

The main objective of this report is to define, describe, and forecast the global “Light Detection And Ranging (LiDAR)” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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The term LiDAR stands for Light Detection and Ranging which has been derived from term RADAR (Radio Detection and Ranging). LiDAR is used to examine or study the surface of the Earth with the help of remote sensing method. Remote sensing is the science of attaining information about areas or objects from a distance, mainly from the satellites or aircraft. LiDAR uses light in the form of pulsed laser to measure the distances. These light pulses are combined with the data recorded by the airborne system to generate accurate 3D information about the surface and shape of the Earth.

Light Detection and Ranging system helps the mapping professionals and the scientists to observe the manmade as well as natural environments with precision, flexibility and accuracy. NOAA (National Oceanic and Atmospheric Administration) scientists are using LIDAR to generate more accurate shoreline maps and to help in emergency response operations. The demand for Light Detection and ranging system especially, in the digital mapping sector, has picked up in the last few years due to the growing number of LiDAR service providers and with enhancement of the technology.

One of the major factors driving this market is that initially these systems were used in defense and government applications, but now these systems are penetrating the industrial as well as commercial sectors due to the reduction in cost and technological developments. Some of the factors restraining the growth of this market include high cost of LiDAR equipment and lack of awareness and customer education.

The Light Detection and Ranging market is segmented on the basis of its components which include INS, GPS/GNSS, LASER, camera and MEMS. In addition, the market is segmented on the basis of product types which includes airborne, mobile and terrestrial. Airborne has the lowest share in the market due to the innovations in terrestrial and mobile light detection and ranging systems, the cost-benefit ratio for these LiDAR types is expected to surpass that of airborne light detection and ranging system. The mobile light and terrestrial detection and ranging systems are disrupting the airborne LiDAR market to some extent. North American and the European region have the largest market share for LiDAR market followed by APAC.

Moreover, the market is segmented on the basis of its applications which includes corridor mapping, topographic surveying, mining, volumetric mapping and forestry.

Some of the key players operating in this market are Airborne Hydrography Ab, 3D Laser Mapping, Avent Lidar Technology, Aerometric Inc., Digitalworld Mapping, Trimble Navigation Limited, Faro Technology, IGI MBH, Firmatek LP, Intermap Technologies, Mira Solutions, Raymetrics S.A., Leica Geosystems and Velodyne Lidar Inc. among others.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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This report provides pin-point analysis for changing competitive dynamics
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It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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