LiDAR Market Trends 2020 Key Companies: Trimble Inc., Valeo, Velodyne Lidar, Inc., Quantum Spatial, RIEGL Laser Measurement Systems GmbH, Teledyne Optech

A detailed synopsis of the LiDAR market has been presented in this research report. The synopsis has been charted out keeping in mind certain vital parameters such as global trends, industry insights, growth drivers, industry ecosystem analysis, and market segmentation. Details about the various companies constituting he competitive landscape of LiDAR industry as well as the regional bifurcation of this industry from a global standpoint is outlined in the study, in addition to the impact of the regulatory frame of reference worldwide.

Key Companies: - Beijing SureStar Technology Co. Ltd., FARO Technologies, Inc., GeoDigital, GEOKNO (GMR Group), (GMR Group), Leica Geosystems AG (Hexagon), Michael Baker International, Ouster, Inc., Quanergy Systems, Inc., Quantum Spatial, RIEGL Laser Measurement Systems GmbH, Teledyne Optech (Teledyne Technologies), Topcon Positioning Systems, Trimble Inc., Valeo, Velodyne Lidar, Inc., YellowScan

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With an escalating upsurge in the demand for 3D imaging solutions, the growth graph of LiDAR market is poised to remain exponential in the forthcoming years. The application of LiDAR spans a stream of sectors such as the automobile, construction, archeology, land surveying, and river surveying industries. Perpetual advancements in automation, construction, flood modelling, cartography, navigation, meteorology etc. have also been driving the demand for LiDAR technology.

What are some of the pivotal parameters that the LiDAR industry report encompasses pertaining to the product landscape?

LiDAR market segmentation as per the product landscape: Airborne, UAV, Terrestrial.

Market Share:
o The market share accounted for by each of the product segments in the industry.
o The market share that each of the sub-segments are projected to hold in the LiDAR market.

Revenue:
o The target remuneration that the product segments will accrue by the end of the forecast period.
o The growth rate which the product segments will depict over the projected duration.

What are some of the pivotal parameters that the LiDAR industry report encompasses pertaining to the Type landscape?

LiDAR market segmentation as per the Type landscape: Mechanical, Solid-state.

Market Share:
o The market share that each of the Type segments hold presently in the industry.
o The market share that each of the sub-segments may account for in the LiDAR market.

Revenue:
o The target remuneration that the Type segments will procure by the end of the forecast duration.
o The growth rate that the Type segments will show over the projected period.

Specifically, automakers are known to incorporate mechanical LiDAR devices in the vehicles, given their excellent efficiency. This has also been attracting investments from many automotive companies, expediting the growth of the global mechanical LiDAR industry. As a matter of fact, the continuous spate of R&D activities to commercialize this technology in cars is expected to propel mechanical LiDAR market, slated to record a CAGR of 32% over 2019-2025.

What are some of the pivotal parameters that the LiDAR industry report encompasses pertaining to the Application landscape?

LiDAR market segmentation as per the Application landscape: Corridor Mapping, Engineering, Environment, Driverless Cars, Exploration & Meteorology, Cartography.

Market Share:
o The market share accounted for by each of the Application categories in the industry.
o The market share that the Application categories are forecast to account for in the LiDAR industry.

Revenue:
o The target valuation that the Application segments will amass by the end of the forecast period.
o The growth rate expected to be registered by the Application segments over the projected duration.

LiDAR technology has also found its deployment in environment applications. Airborne LiDARs are used to detect and map vegetation, deep waters and dense clouds. LiDAR is being used in oceanography to estimate general biomass and phytoplankton fluorescence in the surface layers of the ocean. LiDAR also enables scientists to determine the biodiversity of the forest helping to preserve ancient trees. This in consequence, is expected to drive LiDAR industry share from environment applications, projected to register a CAGR of 32% over 2019-2025.

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The LiDAR market research document is an extensive collection of pivotal insights pertaining to the industry. In a nutshell, the LiDAR industry study aims to educate potential investors about the market scenario and future prospects. The report also endorses details about the industry pitfalls and challenges as well as the industry impact forces.

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