LiDAR Market Value Projected to Expand by 2029

The global LiDAR market is anticipated to grow at a considerable CAGR of around 15% during the forecast period. The market growth is attributed to the increasing demand for 3D imagery in various application areas, such as topographical surveys, civil engineering, and corridor mapping. Moreover, the presence of key players in the market further contributes to the growth of the global LiDAR industry. The players are continuously making efforts to remain competitive in the market. For instance: 

In June 2021, Trimble announced the addition of a geotechnical portfolio to its geospatial automated monitoring portfolio through collaboration with Worldsensing, a wireless connectivity technology provider and manufacturer of geotechnical IoT monitoring systems. The collaboration enables survey, geotechnical and structural engineers to seamlessly expand their monitoring business opportunities with a comprehensive solution that incorporates geotechnical and geospatial data.
In November 2020, Lumentum Holdings Inc. acquired certain technology assets of TriLumina, including its patents and other intellectual property. TriLumina technology includes innovative flip-chip, back-emitting VCSEL arrays for use in a wide range of applications, including 3D sensing, automotive safety, and driver assistance systems and LiDAR, and other emerging applications. 

To Request a Sample of our Report on LiDAR Market:  https://www.omrglobal.com/request-sample/lidar-market

Market Coverage

The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029

Segment Covered- 

By Product Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Faro Technologies Inc., Firmatek LLC, Ibeo Automotive Systems GmbH, Leica Geosystems Inc., Quanergy Systems, Inc, Trimble Inc., Velodyne Lidar, Inc., and Lumentum Holdings Inc. 

LIDAR Market Report Segment

By Product Type 

Ground-Based
Airborne LiDAR 
Spaceborne

By Application

Surveying & Modeling
Corridor Mapping
Exploration & Detection
ADAS
Others

A full Report of LiDAR Market is Available @  https://www.omrglobal.com/industry-reports/lidar-market

LiDAR Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles           

AutonomouStuff, LLC
Faro Technologies Inc. 
Firmatek LLC
Geokno (GMR Infrastructure Ltd.)
GeoSLAM Ltd. 
Hydro International
Ibeo Automotive Systems GmbH
LeddarTech Inc.
Leica Geosystems AG
Lumentum Holdings Inc. 
Lumibird 
Mira Solutions Inc. 
Ouster, Inc. 
Quanergy Systems, Inc
Q-PLUS Labs
RIEGL USA 
Sick AG
Teledyne Optech 
Trimble Inc. 
Velodyne Lidar, Inc. 
YellowScan 

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lidar-market

https://www.asiatimeskorea.com/news/%ec%99%80%ec%9d%b4%ec%96%b4-%ec%9b%a8%ec%a7%80-%eb%b3%b8%eb%8d%94-%ec%9e%a5%eb%b9%84-%ec%8b%9c%ec%9e%a5%ec%9d%80-%ec%98%88%ec%b8%a1-%ea%b8%b0%ea%b0%842023-2029-%eb%8f%99%ec%95%88-%ec%95%88%ec%a0%95/251819/
https://monblogapple.com/2023/01/16/le-marche-des-tuyaux-en-polyolefine-generera-des-revenus-record-dici-2029/
https://citytoday-hildesheim.de/index.php/2023/01/16/der-markt-fur-bot-sicherheitslosungen-wird-voraussichtlich-bis-2029-ein-enormes-wachstum-verzeichnen/
https://sportmsr.com/%d8%b3%d9%8a%d8%b4%d9%87%d8%af-%d8%b3%d9%88%d9%82-%d8%a5%d8%af%d8%a7%d8%b1%d8%a9-%d8%a7%d9%84%d9%85%d9%8a%d8%a7%d9%87-%d8%a7%d9%84%d8%b0%d9%83%d9%8a%d8%a9-%d9%81%d9%8a-%d8%a2%d8%b3%d9%8a%d8%a7-%d9%88/
https://revistaeconomiasocial.com/2023/01/16/el-mercado-de-gestion-inteligente-del-agua-de-china-experimentara-un-rapido-crecimiento-para-2029/
https://www.diario-ya.com/regionales/%e5%88%b0-2029-%e5%b9%b4%ef%bc%8c%e6%ad%90%e6%b4%b2%e6%99%ba%e8%83%bd%e6%b0%b4%e7%ae%a1%e7%90%86%e5%b8%82%e5%a0%b4%e5%b0%87%e5%87%ba%e7%8f%be%e9%a9%9a%e4%ba%ba%e7%9a%84%e5%a2%9e%e9%95%b7/327290/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.