LiDAR Market Is Likely to Experience a Tremendous Growth during 2019-2025 | Analysis by Quantum Spatial, Quanergy, 3D Laser Mapping

The Global LiDAR Market is comprehensively and Insightful information in the report, taking into consideration various factors such as competition, regional growth, segmentation, and LiDAR Market size by value and volume. This is an excellent research study specially compiled to provide the latest insights into critical aspects of the Global LiDAR Market 2019.

Global LiDAR Market Overview:

The Global LiDAR Market industry valued approximately USD 490 Million in 2016 is anticipated to grow with a healthy growth rate of more than 17.70% over the forecast period 2017-2025.

The rising usage of drones for various purposes and upliftment from government sector in automation and adoption of LiDAR for different governmental activities like flood relief and management are driving this industry’s growth. Also, the capabilities of drones in automation and delivery sectors are making the key manufacturers expend in drone research.

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The Global LiDAR Market is segmented based on type of LiDAR Systems, Components, Application, End-User sectors and Geography. Static or terrestrial, aerial, mobile and short range is the various types of LiDAR systems elaborated in the report. The components of LiDAR systems discussed are laser scanner, inertial navigation system, camera, GPS receiver and micro-electro-mechanical system. The report also includes corridor mapping, seismology, and exploration and detection purpose as some of the major application of LiDAR systems. End-user segment consists of LiDAR systems that are used across various industry verticals viz., defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining industry and transportation.

Regional analysis, LiDAR Market in Asia-Pacific is expected to grow at the highest CAGR between 2018 and 2025. LiDAR systems are in high demand in Asia-Pacific owing to the mandate of using LiDAR in the airborne mapping applications. For instance, the National Highways Authority of India (NHAI) has made the LiDAR survey mandatory before any highway construction. The Indian government is becoming aware of the benefits of using LiDAR in various surveys. Such initiatives from the governments of the countries in Asia-Pacific are the driving growth of the LiDAR market in this region.

Big Industry News:

Quantum Spatial (September 09, 2019) – Quantum Spatial Remote Sensing Analytics Expertise to be Featured at 2019 Trees and Utilities Conference – Quantum Spatial, Inc., the nation’s largest independent geospatial data firm, announced that its use of remote sensing and analytics for vegetation management will be featured during the 2019 Trees and Utilities Conference, taking place September 10-12 in Cincinnati, Ohio. Quantum Spatial will be exhibiting at the conference, offering presentations at its booth on topics such as wildfire analytics, tree species identification using hyperspectral imagery, cycle- and condition-based vegetation management, and funding for remote sensing initiatives.

“Vegetation management has long been a reactive process, in which utilities typically address problematic trees that pose an imminent threat,”  “With our industry-leading innovations in remote sensing and analytics, Quantum Spatial is enabling utilities to take a more proactive approach to assessing vegetation health and identifying species. This knowledge will help utilities reduce risk, streamline inspections and target tree trimming activities to areas of greatest concern.” Eric Merten, vice president and general manager, commercial markets for Quantum Spatial

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Major Key Players:

1 Velodyne LiDAR

2 SICK AG

3 Quanergy

4 3D Laser Mapping

5 Quantum Spatial

6 Phoenix Aerial Systems

7 Hokuyo Automatic Co Ltd. and More…………………

Region segment: LiDAR Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of LiDAR in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of LiDAR Market.

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Major Points in Table of Contents:

Global LiDAR Market Report 2018

1 Research Methodology

2 Global LiDAR Market Definition & Scope

3 Executive Summary

4 Global LiDAR Industry Dynamics

5 Global LiDAR Market by Component

6 Global LiDAR Market by Product

7 Global LiDAR Market by Application

8 Global LiDAR Market by Service

9 Global LiDAR Market, Regional Analysis

10 Competitive Intelligence

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