Global LIDAR Market Research Report 2019 With Top Vendors Profile like Top Companies are Hexagon AB, SICK and Trimble Inc., Quantum Spatial, FARO Technologies, Beijing Philisense Technology Co., Ltd

The LIDAR market report is a professional in-depth study on the current state for the market. The data and the information regarding the LIDAR industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. The report is generated based on the market type, size of the organization, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. This LIDAR market 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.

Global LIDAR Market Segmentation

• By Geography,

• Component (Laser Scanners, Navigation & Positioning Systems);

• Product (Aerial, Ground-Based, UAV, Solid-State),

• Service (Aerial Surveying, Asset Management, GIS Service, Ground-Based Surveying, Mapping & Modeling),

• Application (Corridor Mapping, Engineering, Environment, ADAS & Driverless Cars, Exploration, Urban Planning, Cartography,
Meteorology)

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Global LIDAR Market is expected to reach USD 5,842.37 million by 2024 from USD 1,058.40 million in 2016, at a CAGR of 24.1% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

The Global Lidar Market is highly concentrated to a few big players and rest to local players who cater to domestic markets only.
Teledyne Optech incorporated dominated the Lidar market accounting for a highest market share in 2016, followed by
Hexagon, Sick AG and Trimble Inc. Other players in this market include Quantum Spatial, Faro Technologies, Beijing Beike Technology Co., Ltd, Riegl Laser Measurement Systems Gmbh , Velodyne Lidar, Inc. Yellowscan , Geokno India Pvt. Ltd., Quanergy Systems, Inc., Innoviz Technologies Ltd, Innoluce BV, Leddartech, Autonomoustuff, Geodigital, Trilumina, Tetravue, Luminar, Princeton Lightwave Inc., Neptec Technologies among others.

Teledyne Optech Incorporated:

Founded in 1974 and headquartered Toronto, Canada, engaged in the manufacturing of camera survey instruments and advanced lidar for terrestrial mapping, mobile and airborne. These involves technologies such as GPS, inertial navigation, range finding laser based instruments for level monitoring, camera, waveform digitization and many more. It do work with the military, government, space based organization and commercials in order to fulfill their respective demand. They offer standalone and fully integrated camera solutions and lidar in airborne, mobile mapping, mine cavity monitoring, and space proven sensors, terrestrial laser scanning.
Apart from Canada, It has its presence in the USA, Europe, China and worldwide.

Research objectives

• To perceive the most influencing pivoting and hindering forces in LIDAR Market and its footprint in the international market.

• Learn about the market policies that are being endorsed by ruling respective organizations.

• To gain a perceptive survey of the market and have an extensive interpretation of the LIDAR Market and its materialistic
landscape.

• To understand the structure of LIDAR Market by identifying its various sub segments.

• Focuses on the key global LIDAR Market players, to define, describe and analyze the sales volume, value, market share,
market competition landscape, SWOT analysis and development plans in next few years.

• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).

• To project the consumption of LIDAR Market submarkets, with respect to key regions (along with their respective key
countries).

• To strategically profile the key players and comprehensively analyze their growth strategies

• To analyze the LIDAR Market with respect to individual growth trends, future prospects, and their contribution to the total
market.

Competitive Landscape:

The report for LIDAR market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is LIDAR in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyses and do more affective investments.

Key Drivers:

Some of the major factors driving the market for global Lidar market are rising government initiatives and increasing adoption,
increasing use of drones in numerous applications, growing lidar application in engineering projects and large-magnitude set and
technological advancement. These factors demand the Lidar system which boosts the market growth.

• High cost of lidar and high surveying application expenses may hinder the growth of the market.

• Many companies are increasingly focusing on technological advancement of lidar devices in order to strengthen their product portfolios in the Lidar market.

KEY POINTS:-

• The global aerial lidar market is expected to reach USD 2,521.36 million by 2024, from USD 484.46 million in 2016, growing at a CAGR of 23.1%.

• The corridor mapping is expected to dominate the Lidar market with 29.5% market share, growing at a CAGR 24.6% in the forecast period 2017 to 2024.

Reasons to Purchase this Report

• Current and future of LIDAR market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

• Regions/countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

Market Segmentation:

On the basis of components:- laser scanners, navigation & positioning systems, and others.

On the basis of product:-Aerial, ground-based, UAV, and solid-state.

On basis of service:-Aerial surveying, asset management, GIS service, ground-based surveying, mapping and modeling, and others

On the basis of application:- Corridor mapping, engineering, environment, ADAS & driverless cars, exploration, urban planning,
cartography, meteorology, and others.

On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa.

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