Press release
Airborne LiDAR Market Analysis Report by Type, Component, Platform, Application, End User and Forecast 2022-2027
Market Overview:
The global airborne LiDAR market reached a value of US$ 612.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,412.32 Million by 2027, exhibiting a CAGR of 14.30% during 2022-2027.
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Year Considered to Estimate the Market Size:
• Base Year of the Analysis: 2021
• Historical Period: 2016-2021
• Forecast Period: 2022-2027
Airborne light detection and ranging (LiDAR) refers to an aerial mapping technology that is used to obtain three-dimensional (3D) data about the earth's surface. The systems are generally installed on a helicopter or drone for scanning swathes of land and collecting geospatial data effectively. It helps in the efficient and affordable mapping of large areas with accurate measurement. As a result, airborne LiDAR finds extensive applications in the wind and solar power systems, precision farming, urban planning, rail corridors, land and resource management, 3D modeling, volumetrics, vehicles, electrical utility, pipeline, mining and aggregate, and floodplain evaluation across the globe.
Market Trends:
The global airborne LiDAR market is primarily driven by the rising product use in forest management and planning. Moreover, there has been a rise in government investments in airborne LiDAR to improve operational efficiency and reduce the risks in the defense industry. In line with this, the increasing applications of airborne LiDAR in flood, urban, and pollution modeling are positively influencing market growth. In addition, there is a rise in higher point density collection by flying lower and slower to collect multiple data. Along with this, the rising applications of airborne LiDAR for topographic surveys have catalyzed market growth. Besides this, the growing demand for miniaturized micro-electro-mechanical systems (MEMS) sensors in mobile phones, computer disk drive heads, and inkjet printers has augmented the product adoption rate. Furthermore, the increasing use of unmanned aerial vehicles (UAVs) and 3D imaging in railway and highway construction is contributing to the market growth. Other factors, including the escalating demand for terrain mapping, increasing usage of airborne lidars in construction projects, and rising mergers and acquisitions (M&As) among key players, are also anticipated to drive the market further.
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Airborne LiDAR Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global airborne LiDAR market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• AAM a Woolpert company
• Airborne Imaging Inc
• Phoenix LiDAR Systems
• RIEGL Laser Measurement Systems GmbH
• Surveying and Mapping LLC
• Teledyne Technologies Incorporated
• Firmatek
• Fugro
• Leica Geosystems AG (Hexagon AB)
• Merrick & Company
• Trimble Inc.
• Velodyne Lidar Inc.
• YellowScan.
Key Market Segmentation:
The report has segmented the global airborne LiDAR market based on type, component, platform, application, end user and region.
Breakup by Type:
• Airborne Topographic LiDAR
• Airborne Bathymetric LiDAR
Breakup by Component:
• Lasers Scanners
• Inertial Navigation Systems
• Camera
• GPS and GNSS Receivers
• Micro-Electromechanical Systems
Breakup by Platform:
• Fixed Wing Aircraft
• Rotary Wing Aircraft
• UAVs
Breakup by Application:
• Corridor Mapping
• Seismology
• Exploration and Detection
• Others
Breakup by End User:
• Aerospace and Defense
• Civil Engineering
• Forestry and Agriculture
• Transportation
• Archaeology
• Mining Industry
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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