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LiDAR technology Market to Grow with a CAGR of 12.8 % by 2023 | Global Industry Key Players (Airborne Hydrography, Applied Imagery, Zephir LiDAR, Lesophere, Avent LiDAR Technology, Grind GIS, Valedyne, Etc.) and Forecast Report

10-29-2018 10:26 AM CET | IT, New Media & Software

Press release from: Orian Research

LiDAR technology Market

LiDAR technology Market

Global LiDAR technology Market is expected to grow at a CAGR 12.8 % over the Forecast 2018-2023. LiDAR technology Industry studies a surveying method that measures distance to a target by illuminating the target with pulsed laser light and measuring the reflected pulses with a sensor. Differences in laser return times and wavelengths can then be used to make digital 3-D representations of the target.

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This report focuses on the LiDAR technology in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Increasing usage of drones across various applications, such as aerospace and defense, agriculture, and forestry, is a major factor driving the market growth. Moreover, rising investments in R&D of self-driven cars in the automotive sector are expected to positively impact the market. LiDAR or Light imaging, detection, and ranging system, has always been synonymous with automotive technology.

The escalating demand for driverless cars is providing the automobile industry with ample opportunities to embed LiDAR in their systems. Massive investments from venture capitalists and the flurry of partnerships and acquisitions happening in the LiDAR domain hints on the size of this burgeoning market.

Global LiDAR technology Market is spread across 130 pages.

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Attributed to the rising demand for driverless cars, and the increasing application of LiDAR in engineering projects, the investments in LiDAR market is accelerating at an exponential pace. Increasing defense expenditure in Asia Pacific is expected to grow the market in region over the forecast period.

North America is expected to lead the market, pursued by Europe in following years.

The name lidar, now used as an acronym of light detection and ranging (sometimes light imaging, detection, and ranging), was originally a portmanteau of light and radar. Lidar sometimes is called laser scanning and 3-D scanning, with terrestrial, airborne, and mobile applications.

The worldwide market for LiDAR technology is expected to grow at a CAGR of roughly 12.8% over the next five years, will reach 3100 million US$ in 2023, from 1700 million US$ in 2017, according to a new study.

LiDAR technology Industry Segment by Manufacturer
• Airborne Hydrography
• Applied Imagery
• Zephir LiDAR
• Lesophere
• Avent LiDAR Technology
• Grind GIS
• Valedyne
• DEWI
• Geonica
• Kintech Engineering
• Teledyne Optech
• Leica Geosystems

Market Segment by Type covers:
• Aerial Lidar
• Ground-based Lidar
• Mobile Lidar
• Uav Lidar

Market Segment by Applications can be divided into:
• Coastal
• Transportation
• Forestry
• Infrastructure
• Defense and Aerospace
• Transmission Lines
• Flood Mapping
• Exploration
• Driverless Cars
• Adas

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There are 15 Chapters to deeply display the Global LiDAR technology Market.
Chapter 1: Describe LiDAR technology Introduction, product scope, market overview, market opportunities, market risk, and market driving force.
Chapter 2: Analyze the top manufacturers of LiDAR technology, with sales, revenue, and price of LiDAR technology, in 2015 and 2017.
Chapter 3: Display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2017.
Chapter 4: Show the global market by regions, with sales, revenue and market share of LiDAR technology, for each region, from 2011 to 2017.
Chapter 5, 6, 7, 8 and 9: Analyze and talked about the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11: Show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2017.
Chapter 12: In Chapter Eleven LiDAR technology market forecast, by regions, type and application, with sales and revenue, from 2017 to 2023.
Chapter 13, 14 and 15: Describe LiDAR technology sales channel, distributors, traders, dealers, appendix and data source.

About Us
Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

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