Global LiDAR technology market is valued at 1700 million US$ in 2018 and will reach 3100 million US$ by the end of 2023, growing at a CAGR of 12.8% over the next five years. And Top key players Are : Airborne Hydrography, Applied Imagery, Zephir LiDAR, Le
Lidar is 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. 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.
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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. 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.
Geographically, this report is segmented into several key regions, with sales, revenue, market share (%) and growth rate (%) of LiDAR technology in these regions, forecast covering: North America, Europe, China, Japan, India, Southeast Asia, Other regions (Central & South America, Middle East & Africa).
Market Segment by Manufacturers, this report covers :
Avent LiDAR Technology
Major Types of LiDAR technology covered are: Aerial Lidar, Ground-based Lidar, Mobile Lidar, Uav Lidar Other.
Major Applications of LiDAR technology covered are: Coastal, Transportation, Forestry, Infrastructure, Defense and Aerospace, Transmission Lines, Flood Mapping, Exploration, Driverless Cars, Adas Other .
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Some Point Table of Contents :
1 Market Overview
1.1 LiDAR technology Introduction
1.2 Market Analysis by Type
1.2.1 Aerial Lidar
1.2.2 Ground-based Lidar
1.2.3 Mobile Lidar
1.2.4 Uav Lidar
1.3 Market Analysis by Applications
1.3.5 Defense and Aerospace
1.3.6 Transmission Lines
1.3.7 Flood Mapping
1.3.9 Driverless Cars
Porters Five Force's analysis allows in assessing the potential of buyers and suppliers and the competitive landscape of the industry for making informed business decisions.
It highlights the present market trends and future prospects of the global LiDAR technology market over the forecast period, in order to understand the prevalent growth opportunities and potential investment pockets.
Major countries in each region are considered on the basis of their revenue share and contribution to the global/regional market.
A comprehensive study of the R&D status is provided alongside the key dynamic factors (drivers/restraints).
The company profiles of leading competitors and their key product developments are highlighted in the report.
Reasons to Purchase this Report :
Analyzing viewpoint of the market with the on-going trends and Porter's five forces analysis.
Market flow which basically considers the factors inducing the present market scenario alongside development prospects of the market in the years to come.
LiDAR technology Market segmentation analysis including qualitative and quantitative research including the effect of the market aspects.
Competitive developments such as extensions, contracts, new product launches, mergers, and acquisitions in the market.
Browse Detailed TOC, Tables, Figures, Charts and Companies :-
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You can edit or delete your press release Global LiDAR technology market is valued at 1700 million US$ in 2018 and will reach 3100 million US$ by the end of 2023, growing at a CAGR of 12.8% over the next five years. And Top key players Are : Airborne Hydrography, Applied Imagery, Zephir LiDAR, Le here
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