Global Light Detection and Ranging (LIDAR) Market Forecast to 2025 : Leica Geosystems, Trimble, Teledyne Optech, Riegl, Topcon
This report presents the worldwide Light Detection and Ranging (LIDAR) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Light Detection and Ranging (LIDAR), also written lidar, LiDAR or LADAR, is a remote sensing technology that measures distance by illuminating a target with a laser and analyzing the reflected light. LIDAR is popularly used as a technology to make high-resolution maps, with applications in civil engineering, forestry & agriculture, transportation, urban mapping, etc. What is known as LIDAR is sometimes simply referred to as laser scanning or 3D scanning, with terrestrial and airborne applications.
As for the global Lidar industry, the industry structure is relative concentrated. The most of market share in production value is dominated by the top three giants Leica Geosystems, Trimble and Optech, which occupies closes to 65% totally in 2015. In the meantime, new entrants are emerging in this market, eroding the market share of traditional player as more applications are developed and diverse models are demanding in the market.
Key market drivers are the better performance than other technologies and ring demand for 3D mapping, as well as emerging supply market force for cheaper and better equipment to challenge current players.
Europe is holding the lions share globally in technology and production, while North America is the largest consumption area. Other emerging countries, like China and India, are increasing Lidar in various applications.
Despite the presence of competition problems, due to the Lidars special technology advantage in application, especially in unmanned automotive and 3D mapping, investors are very optimistic about this area; in future there will be more new investments into this industry.
Although sales of Lidar brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Lidar field.
The Light Detection and Ranging (LIDAR) market was valued at 250 Million US$ in 2017 and is projected to reach 570 Million US$ by 2025, at a CAGR of 10.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Light Detection and Ranging (LIDAR).
The following manufacturers are covered in this report:
3D Laser Mapping
Light Detection and Ranging (LIDAR) Breakdown Data by Type
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Light Detection and Ranging (LIDAR) Breakdown Data by Application
Forestry & Agriculture
Light Detection and Ranging (LIDAR) Production by Region
Light Detection and Ranging (LIDAR) Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Light Detection and Ranging (LIDAR) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Light Detection and Ranging (LIDAR) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Light Detection and Ranging (LIDAR) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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