Doppler Wind Lidar System Market Revenue to Surpass $ 176.44 million by 2028 at 7.3% CAGR: Financial Insights, Business Growth Strategies, Trends by The Insight Partners

According to our latest market study on “Doppler Wind Lidar System Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Installation Type, and Application,” the market was valued at US$ 716.68 million in 2021 and is projected to reach US$ 1176.44 million by 2028; it is expected to grow at a CAGR of 7.3% from 2021 to 2028.

Doppler lidars are utilized for wind monitoring and aerosol detection across the world. Users are benefited greatly from automatic algorithms that classify lidar signals collected from lidar data. Integration of machine learning in doppler lidar systems allows lidar data end-users, such as aviation safety operators, to monitor dust in the vicinity of airports in innovative ways.

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Also, airport infrastructure departments are increasingly investing in the integration of technology in advanced Doppler lidar systems. For example, in Iceland, ground-based Doppler lidar systems with machine learning algorithms are used for aerosol monitoring. Wind erosion, volcanic ash clouds, frequent ice clouds, and major precipitation events can all be measured and classified using this approach over the airport grounds.

Similarly, at the City College of New York's Remote Detection Laboratory in New York, NY, an all-fiber coherent Doppler lidar for wind sensing was built and tested. The device runs at a 20 kHz pulse repetition rate and receives lidar return signals at 400 MSample/s. Using embedded programming approaches, it accumulates signals that are as much as 20 dB lower than the receiver noise level.

Thus, the rising investments in the integration of advanced technologies such as machine learning in the doppler wind lidar systems are expected to create lucrative opportunities for the doppler wind lidar systems market during the forecast period.

The demand for Doppler wind lidar systems is also accentuating among the airports across the globe, which is driving the doppler wind lidar market. For a long time, airports have been dependent on the radar to detect turbulence that can affect planes during take-off or landing. The doppler lidars have the capability to detect turbulence under good weather conditions, which is the key attraction point for Doppler wind lidar systems among airport managements.

The wind measurement at and around the airport is of utmost importance for airport management as the wind at and around airports can cause severe situations in case if it remains undetected during good weather conditions. Owing to this, several companies are offering doppler wind lidar systems for airports in the current scenario.

Mitsubishi and Vaisala (Leosphere) remain the leading suppliers. The increase in adoption rate is being witnessed and the adoption trend is expected to rise further, which is analyzed to showcase the growth rate of the air traffic control safety monitoring segment.

The Doppler wind lidar system market is segmented based on type, installation type, application, and geography. Based on type, the global Doppler wind lidar system market is segmented into compact Doppler wind lidar and large doppler wind lidar. In 2020, the compact doppler wind lidar segment led the Doppler wind lidar system market and accounted for a larger market share.

Based on the installation, the doppler wind lidar system market is segmented into ground-based and airborne. In 2020, the ground-based segment led the Doppler wind lidar system market and accounted for a larger market share. Based on application, the doppler wind lidar system market is segmented into air traffic safety monitoring, wind power measurement, and weather and climate.

In 2020, the wind power measurement segment led the Doppler wind lidar system market and accounted for the largest market share. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, Europe accounted for a significant share in the global market.

Impact of COVID-19 Pandemic on Doppler Wind Lidar System Market

According to the latest situation report from the World Health Organization (WHO), the US, Spain, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are among the worst-affected countries due to the COVID-19 pandemic. In 2020, the world economy suffered significant consequences, and the effects are expected to endure to some extent.

The outbreak has led to disruptions in primary industries including electronics, semiconductors, and automotive. A sharp decline in the growth of mentioned industries is limiting the Doppler wind lidar system market growth. Factory shutdowns, travel and trade bans, and border lockdowns to combat and contain the infection have impacted the working of many commercial and corporate buildings across the world.

The Key Players Operating in the Global Doppler Wind Lidar System Market include:

Everise Technology, Ltd; GWU-Group; Halo Photoncis; Mitsubishi Electric Group; NRG Systems; Platform Aerospace; Deutsche WindGuard GmbH; Vaisala; Windar Photonics AS; ZXLidars (Zephir Limited); Teledyne e2v; LEONARDO Germany GmbH; Lockheed Martin Corporation; and Nanjing MuLei Laser Technology Co., Ltd. Several other market players have been analyzed to understand the market.

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