Press release
Light Detection and Ranging (LIDAR) Market to Grow at a CAGR of 10.7% - Global Market Outlook 2019-2025
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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 lion’s 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 Lidar’s 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 global Light Detection and Ranging (LIDAR) market is valued at 250 million US$ in 2018 is expected to reach 570 million US$ by the end of 2025, growing at a CAGR of 10.7% during 2019-2025.
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Light Detection and Ranging (LIDAR) market Report at- https://www.qyresearch.com/index/detail/950094/global-light-detection-and-ranging-lidar-industry-market
The following manufacturers are covered: Leica Geosystems, Trimble, Teledyne Optech, Riegl, Topcon, Velodyne LiDAR, 3D Laser Mapping, IGI, Sure Star,
Light Detection and Ranging (LIDAR) market includes market size, segmentation data and geographical analysis of market growth trends, leading companies and microeconomic information.
Light Detection and Ranging (LIDAR) Market Segmentation by Types: Airborne LIDAR, Terrestrial LIDAR, Others,
Light Detection and Ranging (LIDAR) Market Segmentation by Applications: Civil Engineering, Forestry & Agriculture, Transportation, Urban Mapping, Others,
Regions Covered in the Global Light Detection and Ranging (LIDAR) Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report provides an in-depth analysis of the following –
Detailed Overview of Global Light Detection and Ranging (LIDAR) market helps deliver clients and businesses making strategies.
It covers Light Detection and Ranging (LIDAR) industry outlines, upstream and downstream Light Detection and Ranging (LIDAR) market segments, cost analysis, and market utilizing power, market overview, product scope, product definition of Light Detection and Ranging (LIDAR) market driving forces.
To provide detailed analysis, Market size and drivers during 2019 to 2025 including various segments and sub-segments of the Global Light Detection and Ranging (LIDAR) Market
Analysis of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
The analysis of the competitive landscape of the global Light Detection and Ranging (LIDAR) market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
To provides Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders and Market Effect Factors Analysis of Light Detection and Ranging (LIDAR) market
The Light Detection and Ranging (LIDAR) market report covers Volume, Revenue and Price Forecast 2019 to 2025
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