Press release
Doppler Wind Lidar System Market to Grow at a CAGR of 7.3% to reach US$ 1176.44 Million from 2021 to 2028
Doppler Wind Lidar System Market: Key InsightsAccording 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 Wind Lidar System Market: Competitive Landscape and Key Developments
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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In 2021, Hexagon's Micro Pulse Lidar has signed a deal with NRG Systems, Inc. to become a Value-Added Reseller (VAR) in the NRG Spidar VAR Program. NRG Systems, Inc., North America's only wind lidar expert, creates and manufactures a portfolio of wind assessment products for a wide range of sectors.
In 2021, WindCube Scan Dual Lidar Equipped is a new technology designed to make offshore wind assessment campaigns more efficient and effective. Dual-lidar technologies and services are currently being delivered by the company's technical and scientific specialists to fulfill expanding client demand for enhanced coverage, precision, ease-of-use, and cost-efficiency.
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.
The Doppler wind lidar system market has been segmented as follows:
Doppler Wind Lidar System Market – by Type
1. Compact Doppler Wind Lidar
2. Large Doppler Wind Lidar
Doppler Wind Lidar System Market – by Installation Type
1. Ground-Based
2. Airborne
Doppler Wind Lidar System Market – by Application
1. Air Traffic Control Safety Monitoring
2. Wind Power Management
3. Weather and Climate
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