Light Detection and Ranging Market Global Research Report to 2024 | Teledyne Optech, Leica Geosystems, Trimble, Faro Technologies, RIEGL Laser Measurement Systems

Global Light Detection and Ranging Market Report from Advance Market Analytics (AMA) covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the electronic equipment market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market. Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.

Light Detection and ranging (also known as LIDAR, LiDAR, and LADAR) is an imaging technique which is used to measure the distance of the specific object by projecting laser light signals from the target and by measuring the reflected light signals at the target. The incoming and outgoing light signals are then analyzed to make 3 Dimensional image of the target. Lidar is also called as 3D laser scanning. According to AMA, the Global Light Detection and Ranging market is expected to see growth rate of 16.8% and may see market size of USD2.6 Billion by 2024.

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Major Key Players in this Report Include,
Teledyne Optech (Canada), Leica Geosystems (Switzerland), Trimble (United States), Faro Technologies (United States), RIEGL Laser Measurement Systems GmbH (Austria), Topcon (Japan), Velodyne LiDAR (United States), 3D Laser Mapping Ltd. (United Kingdom), IGI mbH (Germany) and Beijing Surestar Technology (Isurestar) (China)

Due to higher initial investments and Number of government regulations the LiDAR market has very seldom threat of new entrants. Also, the existing LiDAR technology providers are vividly trying to form strategic alliances with other companies to gain better competitive edge. Moreover, the overall market is concentrated to some of the developed economies across the globe.

Market Highlights:
From January 1st 2019, ‘Teledyne Optech Incorporated’ will be merging with certain of its Canadian affiliates as part of an intercompany consolidation. The new name of the merged entity will be Teledyne Digital Imaging, Inc. After the Merger, Teledyne Optech Incorporated will carry on business as Teledyne Optech, a business unit of Teledyne Digital Imaging, Inc.
Department of Water and Environmental Regulation (DWER) has created LiDAR Index to illustrate the extents of LiDAR imagery and data which is currently existing. Each area is delimited by a polygon of attributes denoting its general area coverage, status, contractor and availability of metadata.

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Data Sources & Methodology
The primary sources involves the industry experts from the Light Detection and Ranging Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

The conclusions of this report illustrate the potential of the global Light Detection and Ranging Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.

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Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Increasing Applications in 3D Imaging Technologies
3.2.2. Government and Institutional buoy up for adoption of Radar
3.2.3. Growing demand in Engineering and Construction Applications
3.3. Market Challenges
3.3.1. Environmental Traits
3.3.2. Higher Operational and Maintenance Cost
3.4. Market Trends
3.4.1. Rising Use of Lidar Equipped Drone Technology
3.4.2. Automation in Lidar Systems to enhance Efficiency and minimize Human Interference
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Light Detection and Ranging, by Type, Application, Installation, Component and Region (value) (2013-2018)

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