Asia-Pacific LiDAR Market Expected to Reach $205.6 Million By 2022 at a CAGR of 25% | Recent Developments, Technological Innovations and Growth Opportunities - 2026
Access Full Summary @ https://www.alliedmarketresearch.com/asia-pacific-lidar-market
China is the leading LiDAR systems market in Asia-Pacific, followed by Japan. Factors such as increase in use of drones in various applications such as agriculture, cartography and corridor mapping, technological superiority of LiDAR systems over other conventional technologies, and rising demand for 3D imaging has increased the demand for mapping systems equipped with LiDAR.
Aerial/airborne LiDAR systems have a significant share in the Asia-Pacific LiDAR market due to their demand in defense and civil infrastructure applications. Among the other systems, which include terrestrial LiDAR, Mobile LiDAR and short range LiDAR; mobile systems are expected to witness the highest growth during the forecast period.
Laser component is the largest revenue contributor that accounts for over 36% of the overall revenue, throughout the forecast period. Lasers are projected to dominate the components segment of the Asia-Pacific LiDAR market due to emerging applications in meteorology and autonomous vehicles, which would drive use of lasers. Camera is anticipated to be one of the most lucrative segments, in terms of growth, with an anticipated CAGR of 33.0% from 2016 to 2022, owing to developing 3D imaging technologies.
Download Sample Report (Get Full Insight in PDF - 110 Pages) @ https://www.alliedmarketresearch.com/request-sample/1248
Corridor mapping is projected to dominate applications segment accounting for around 48% share in 2015, because of an increase in the demand for various applications including urban modelling, flood mapping, and forestry and other applications. However, the seismology segment is expected to register a significant growth, with an anticipated CAGR of 34.9%.
The civil engineering end user segment portrays the highest revenue contribution owing to the awareness about the ease of data collection and processing through LiDAR systems. However, the transportation sector is projected to depict the fastest growth during the forecast period.
China exhibits the highest adoption of LiDAR technology in the Asia-Pacific LiDAR market. However, India is projected to offer lucrative opportunities to the market players, as this technology is expected to be adopted rapidly in infrastructure development activities. India is anticipated to grow with a promising CAGR of 28.5% during the forecast period.
Get Up to 30% Discount - Hurry Up!
Make Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/1248
Key Findings of Asia-Pacific LiDAR Market:
1. Aerial LiDAR is expected to exhibit significant growth due to the increased use of drones, during the forecast period.
2. Laser component is expected to maintain the leading position throughout the study period.
3. Industry participants aim to introduce new innovative products to improve their market share.
4. The Asia-Pacific LiDAR market comprises dominant players such Airborne Hydrography, Faro Technologies, Leica Geosystems, and others. These companies have adopted strategies, such as product launch, research & development, acquisition, cooperation, and joint venture, to increase their market share and expand their geographical presence, specifically in Asia-Pacific.
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Asia-Pacific Lidar Market, By Product Type
Chapter 5: Asia-Pacific Lidar Market, By Component
Chapter 6: Asia-Pacific Lidar Market, By Application
Chapter 7: Asia-Pacific Lidar Market, By End-User
Chapter 8: Asia-Pacific Lidar Market, By Country
Chapter 9: Company Profile
Buy Now @ https://www.alliedmarketresearch.com/checkout-final/bc90f37f214c6184bf9da99e66c299fc
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Asia-Pacific LiDAR Market Expected to Reach $205.6 Million By 2022 at a CAGR of 25% | Recent Developments, Technological Innovations and Growth Opportunities - 2026 here
News-ID: 2002664 • Views: 206
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for LiDAR
Global LiDAR Sensor Market Insights, Forecast
This report presents the worldwide LiDAR Sensor market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=60618 Table of Contents: Table of Contents 1 Study
LiDAR Market - Massive consumer base 2025
Global LiDAR Market: Snapshot The global LiDAR market is predicted by seasoned market analysts to expect high growth prospects taking birth on the back of leading applications such as meteorology, cartography, urban planning, exploration, driverless cars, advanced driver assistance systems (ADAS), engineering, and corridor mapping. Amongst all of these applications, the demand for LiDAR could be considerably improved by the rising usage of corridor mapping in roadways mapping. The swelling demand
LiDAR technology Global Market 2018: Key Players – Airborne Hydrography, Appli …
LiDAR technology Industry Description Wiseguyreports.Com Adds “LiDAR technology -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database This report studies the global LiDAR technology market status and forecast, categorizes the global LiDAR technology market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Lidar is
A Comprehensive Study exploring LiDAR Sensor Market
An extensive analysis of the LiDAR Sensor Market strategy of the leading companies in the precision of import/export consumption, supply and demand figures, cost, price, revenue and gross margins. The report starts by an introduction about the company profiling and a comprehensive review about the strategy concept and the tools that can be used to assess and analyze strategy. It also analyzes the company’s strategy in the light of Porter’s
Global LiDAR Market 2018 | AutonomouStuff, Blom, Faro Technologies, Velodyne LiD …
Press Release - 30 May2018 Global Research and Development News -- . . "Global LiDAR Sales Market Report 2018" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' -In this report, the global LiDAR market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX%
LiDAR Market Global Research and Analysis 2025
Global LiDAR Market: Overview LiDAR, acronym for Light Detection and Ranging, is a remote sensing technology that emits light towards a target object to unearth information about it and gauge the range of a distant target from the light that is being reflected back. It can be compared to RADAR and SONAR in many ways. However, unlike a RADAR and SONAR, LiDAR uses light waves of shorter wavelengths. The wavelengths