LiDAR Market 2025 - Business Opportunities & Emerging Trends By Top Key Players | Geodigital, Innoviz Technologies, Leddartech, Ouster, Quantum Spatial, Teledyne Optech, Topcon Positioning Systems

The LiDAR market can be expected to draw considerable interest from governments and major infrastructure companies for the potential of the technology to improve project outcomes.Elaborating on the consistent development of the railway sector, the £14.8 billion Crossrail project in Europe, which is expected to complete by December 2019, comprises of extensive railway networks. This includes the Elizabeth Line, a 118 Km long route in London, designed to lower the burden on the city’s critical underground central line. Separately, the Confederation Lines in Ottawa, Canada, saw the completion of its first phase in 2018, costing around US$1.6 billion, with the second construction phase to end by 2023.

Rapid infrastructure development and increased spending on innovative mapping technologies has provided the global LiDAR market immense growth opportunities over the past decade. Continuous expansion of public utilities and transport routes as well as monitoring of environmental impact on the geography can be performed more efficiently using advanced 3D mapping systems. Light Detection and Ranging (LiDAR) technology enables the accumulation of reliable 3D measurements and is suited to investigate numerous man-made developments, including railway, road networks, power lines and buildings.

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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 size, slated to record a CAGR of 32% over 2019-2025.

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 market share from environment applications, projected to register a CAGR of 32% over 2019-2025.

Boasting of numerous applications across several industries, LiDAR industry is slated to gain commendable traction across the globe. Core companies are focusing on enhancing their existing LiDAR portfolio and several other have been adopting LiDAR in their base operations as well. Driven by the escalating demand to collect highly accurate data across various project sites, LiDAR market valuation is expected to exceed USD 10 billion by 2025.

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Glimpse of Table of Content (ToC): -
Chapter 5 LiDAR Market, By Product
5.1 Key trends in the LiDAR market, by product
5.2 Airborne
5.2.1 Market estimates and forecast, 2014 - 2025
5.2.2 Market estimates and forecast, by region, 2014 - 2025
5.2.3 Topographic
5.2.3.1 Market estimates and forecast, 2014 - 2025
5.2.3.2 Market estimates and forecast, by region, 2014 - 2025
5.2.4 Bathymetric
5.2.4.1 LiDAR Market estimates and forecast, 2014 - 2025
5.2.4.2 Market estimates and forecast, by region, 2014 - 2025
5.3 UAV
5.3.1 Market estimates and forecast, 2014 - 2025
5.3.2 Market estimates and forecast, by region, 2014 - 2025
5.4 Terrestrial
5.4.1 Market estimates and forecast, 2014 - 2025
5.4.2 Market estimates and forecast, by region, 2014 - 2025
5.4.3 Mobile
5.4.3.1 Market estimates and forecast, 2014 - 2025
5.4.3.2 Market estimates and forecast, by region, 2014 - 2025
5.4.4 Static
5.4.4.1 Market estimates and forecast, 2014 - 2025
5.4.4.2 Market estimates and forecast, by region, 2014 - 2025
Chapter 6 LiDAR Market, By Type
6.1 Key trends in the LiDAR market, by type
6.2 Mechanical
6.2.1 Market estimates and forecast, 2014 - 2025
6.2.2 Market estimates and forecast, by region, 2014 - 2025
6.3 Solid-state
6.3.1 Market estimates and forecast, 2014 - 2025
6.3.2 Market estimates and forecast, by region, 2014 - 2025
Chapter 7 LiDAR Market, By Application
7.1 Key trends, by application
7.2 Corridor Mapping
7.2.1 Market estimates and forecast, 2014 - 2025
7.2.2 Market estimates and forecast, by region, 2014 - 2025
7.2.3 Roadways
7.2.3.1 Market estimates and forecast, 2014 - 2025
7.2.3.2 Market estimates and forecast, by region, 2014 - 2025
7.2.4 Railways
7.2.4.1 Market estimates and forecast, 2014 - 2025
7.2.4.2 Market estimates and forecast, by region, 2014 - 2025
7.2.5 Bridges & Tunnels
7.2.5.1 Market estimates and forecast, 2014 - 2025
7.2.5.2 Market estimates and forecast, by region, 2014 - 2025
7.3 Engineering
7.3.1 Market estimates and forecast, 2014 - 2025
7.3.2 Market estimates and forecast, by region, 2014 - 2025
7.4 Environment
7.4.1 Market estimates and forecast, 2014 - 2025
7.4.2 Market estimates and forecast, by region, 2014 - 2025
7.5 Driverless Cars
7.5.1 Market estimates and forecast, 2014 - 2025
7.5.2 Market estimates and forecast, by region, 2014 - 2025
7.6 Exploration & Meteorology
7.6.1 Market estimates and forecast, 2014 - 2025
7.6.2 Market estimates and forecast, by region, 2014 - 2025
7.7 Cartography

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