LIDAR Market Global Outlook 2019| Leading Vendors Hexagon AB, SICK and Trimble Inc., Quantum Spatial, FARO Technologies, Beijing Philisense Technology Co., Ltd., Riegl, Velodyne LiDAR, Inc., YellowScan

This global Lidar market research report is organized by collecting market research data from different corners of the globe with an experienced team of language resources. Market segmentation studies conducted in this report with respect to product type, applications, and geography are valuable in taking any verdict about the products. By taking into consideration specific base year and historic year, calculations in the report have been performed which interprets the market performance in the forecast years by giving information about what the market definition, classifications, applications, and engagements are.

Global Lidar Market Size 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.

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The major factors contributing to the growth of the market includes factors such as 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. On the other hand, high cost of lidar and high surveying application expenses may hinder the growth of the market.

Key Drivers: Global LIDAR Market

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: Global LIDAR Market

Teledyne Optech incorporated is going to dominate the global Lidar market following with Smith & Hexagon, Sick AG and Trimble Inc.. Some of the other players are 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.

• 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.

TABLE OF CONTENTS GLOBAL LIDAR MARKET

1. INTRODUCTION

1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL LIDAR MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED

2. MARKET SEGMENTATION

2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS

3. EXECUTIVE SUMMARY

4. PREMIUM INSIGHTS

5. MARKET OVERVIEW

6. GLOBAL LIDAR MARKET, BY PRODUCT

6.1. OVERVIEW

6.2. AERIAL LIDAR

6.4. UAV LIDAR

6.5. SOLID-STATE LIDAR

7. GLOBAL LIDAR MARKET, BY SERVICES

7.1. OVERVIEW
7.2. MAPPING & MODELING
7.3. AERIAL SURVEYING
7.4. GROUND BASED SURVEYING
7.5. LIDAR DATA PROCESSING

7.6. GIS SERVICE
7.7. ASSETS MANAGEMENT
7.8. OTHERS

8. GLOBAL LIDAR MARKET, BY APPLICATION

8.1. OVERVIEW

8.2. CORRIDOR MAPPING

8.3. ENGINEERING

8.4. ENVIRONMENT

8.5. ADAS AND DRIVERLESS CARS

8.6. EXPLORATION

8.7. URBAN PLANNING

8.7.1. TOURISM AND PARKS MANAGEMENT
8.7.2. OTHERS

8.8. CARTOGRAPHY

8.9. METEOROLOGY

8.10. OTHERS

8.10.1. POLICE LIDAR
8.10.2. ROBOTICS
8.10.3. OTHERS

9. GLOBAL LIDAR MARKET, BY COMPONENT

9.1. OVERVIEW

9.2. NAVIGATION AND POSITIONING SYSTEM
9.3. LASER SCANNERS

9.4. PHOTODETECTOR RECEIVERS

9.5. OTHERS

10. GLOBAL LIDAR MARKET, BY GEOGRAPHY

10.1. OVERVIEW

11. GLOBAL LIDAR MARKET, COMPANY LANDSCAPE

11.1. COMPANY SHARE ANALYSIS: GLOBAL
11.2. COMPANY SHARE ANALYSIS: NORTH AMERICA
11.3. COMPANY SHARE ANALYSIS: EUROPE
11.4. COMPANY SHARE ANALYSIS: ASIA-PACIFIC

12. COMPANY PROFILES

12.1. QUANTUM SPATIAL

12.2. FARO TECHNOLOGIES, INC.

12.3. HEXAGON (LEICA GEOSYSTEMS AG)

12.4. TELEDYNE OPTECH INCORPORATED

12.5. SICK AG

12.6. RIEGL LASER MEASUREMENT SYSTEMS GMBH

12.7. VELODYNE LIDAR, INC.

12.8. YELLOWSCAN
12.9. GEOKNO INDIA PRIVATE LIMITED

12.10. TRIMBLE INC.

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Market Segmentation: Global LIDAR Market

The global Lidar market is segmented on the basis of components, products, application and services. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.

On the basis of component, the global lidar market is segmented into four components which include navigation and positioning system, laser scanners, photodetector receivers and others. The navigation and positioning system are further sub segment into global positioning system (GPS) and internal measurement unit (IMU). Others market is further sub segmented into camera, high-precision clock and other accessories.

The global navigation and positioning system market is expected to reach USD 2,480.17 million by 2024, from USD 455.02 million in 2016, growing at a CAGR of 23.9%.

On the basis of products, the global lidar market is segmented into aerial lidar, ground-based lidar, UAV lidar and solid-state lidar. Aerial lidar is further sub segmented into topography aerial lidar and bathymetric aerial lidar. Ground based lidar is further sub segmented into mobile ground based and static ground based. 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%.

On the basis of application, the global lidar market is classified into corridor mapping, environment, engineering, urban planning, exploration, adas and driverless cars, cartography, meteorology and others. Corridor mapping is further sub segmented into railways, roadways and others. Environment is further sub segmented into coastline management, forest management, wind farm, pollution modeling, agriculture and precision forestry. Exploration is further sub segmented into oil & gas and mining. Urban planning is further sub segmented into tourism and park management and others. Others are further sub segmented into police lidar, robotics and others. In 2017, the corridor mapping is expected to dominate the market with 29.5% market share and is expected to grow at a CAGR of 23.5% in the forecast period.

On the basis of services, the global lidar market is segmented into mapping & modeling, aerial surveying, ground based surveying, lidar data processing, GIS service, assets management and others. Lidar data processing is further sub segmented data acquisition, point cloud classification and creation of 3d visualization. GIS service is the highest growing segment with the highest CAGR of 26.2% in the forecast period 2017 to 2024.

Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

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