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The Airborne LiDAR Market to experience an impressive growth of 16.3% during 2018-2023

08-23-2019 09:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

The Airborne LiDAR Market to experience an impressive growth

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Airborne LiDAR Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Airborne LiDAR Market.
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2018-2023.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?
These questions and many more, big and small, are all discussed in the report in great detail.

Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/317/Airborne-LiDAR-Market.html

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
Dissection by Segments
Type Topographic LiDAR & Bathymetric LiDAR
Solution Type Systems & Services
End-Use Industry Type Aerospace & Defense, Civil Engineering etc.
Application Type Corridor Mapping, Seismology etc.
Platform Type Fixed-Winged Aircraft, Rotary-Winged Aircraft etc.
by Region North America, Europe, Asia-Pacific, and RoW

The Growth Prognosis & its Drivers
The global airborne LiDAR market is projected to grow at an impressive CAGR of 16.3% during the period (2018-2023). This represents an attractive growth opportunity in the entire ecosystem of the market. Increasing demand for 3D imaging, superior performance of LiDAR as compared to conventional sensors, rising demand for miniaturized micro-electro-mechanical systems (MEMS) sensors, increasing demand for automation of measuring instrument process, and an increased usage of LiDAR in the transportation and logistics activities are some of the major factors that are proliferating the growth of the airborne LiDAR market.

The Hegemony of Tesla inc.
The key players in the airborne LiDAR market are Airborne Imaging, Saab AB, Teledyne Optech Incorporated., Leica Geosystems AG, Fugro, Velodyne LiDAR, and Merrick & Company.

Table Of Contents: https://www.stratviewresearch.com/toc/317/Airborne-LiDAR-Market.html

The undisputed Dominance of the North America
the airborne LiDAR market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to remain the largest airborne LiDAR market during the forecast period of 2018 to 2023. The region is also likely to experience a healthy growth during the same period, owing to a higher usage of LiDAR in the UAVs. The USA is likely to remain the growth engine of the region’s market in the foreseeable future.

Emerging Trends: Increasing Demand for small UAVs/drones
Airborne LiDAR market is also segmented based on the platform type as Fixed-Winged Aircraft, Rotary-Winged Aircraft, and UAV (Unmanned Aerial Vehicle). UAV is likely to remain the most attractive segment of the market in terms of both market dominance and growth over the next five years. The key factors driving the demand for airborne LiDAR system in UAV are an organic growth of UAVs coupled with rising usage of LiDAR on it and market entry of various companies in the UAV market. Major LiDAR manufacturers are developing LiDAR for small UAVs/drones targeting key market requirements including but not limited to lightweight, durability, and low-cost LiDAR.

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

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Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

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