Press release
Global LiDAR Market forecasts that the market will reach nearly USD 6 billion by 2029, growing at a CAGR of 20.7 percent from 2021 to 2029.
LiDAR Market Report Scope and Research MethodologyThe report provides an in-depth analysis of the global LiDAR market, including market values, market size, market share, drivers, restraints, opportunities, and regional insights.
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The research methodology involved in this report includes primary and secondary research, interviews with industry experts, and analysis of company financials and market trends.
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What are LiDAR Market Dynamics:
The report highlights the growing demand for LiDAR technology due to its diverse applications. The spatial resolution of LiDAR-enabled digital terrain models has improved technologically, making it easier to measure distance using a digital 3-dimensional representation of the target with great precision. LiDAR's superior precision makes it valuable for a variety of industrial applications, contributing to the market's growth over the forecast period.
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The report also highlights some of the factors that may limit the LiDAR market's growth. LiDAR systems are expensive and there is a shortage of geospatial data. Additionally, the use of low-cost and lightweight photogrammetry systems for mapping and surveying applications may limit the LiDAR market's growth.
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What is LiDAR Market Segmentation?
by Component
• GPS
• Navigation (IMU)
• Laser Scanners
• Mobile & UAV
by Type
• Mechanical LiDAR
• Solid-State LiDAR
by Installation
• Airborne
• Ground-Based
by Image Projection
• 3D
• 2D
by Application
• Corridor Mapping
• ADAS & Driverless Car
• Engineering
• Others
by Range Type
• Short Range
• Medium & Long Range
by End-User
• DEFENSE AND AEROSPACE
• Civil Engineering
• Archaeology
• Forestry and Agriculture
• Mining Industry
• Transportation
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Who are LiDAR Market Key Players?
• Leica Geosystems Holdings AG
• Teledyne Optech Inc.
• Quantum Spatial, Inc.
• Faro Technologies, Inc.
• Velodyne LiDAR, Inc.
• Sick AG
• Geokno
• Trimble, Inc.
• RIEGL USA
• YellowScan
• Beijing Surestar Technology
• Optech Inc.
• Geodigital
• Topcon Positioning Systems Inc.
• Denso
• Trimble, Inc. (US)
• HEXAGON,
• SICK AG
• Trimble Inc.
• Phoenix LiDAR Systems
• LeddarTech Inc.
• Quanergy Systems, Inc.
• Innoviz Technologies Ltd.
• ZX Lidars
• Vaisala
• Waymo LLC
• Valeo
• Lumibird Canada
• Ouster, Inc.
Table of content for the LiDAR Market includes:
1. Global LiDAR Market: Research Methodology
2. Global LiDAR Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global LiDAR Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global LiDAR Market Segmentation
• Global Market, by Component(2021-2029)
• Global Market, by Type(2021-2029)
• Global Market, by Installation(2021-2029)
• Global Market, by Image Projection(2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Range Type(2021-2029)
• Global Market, by End-User(2021-2029)
5. Regional LiDAR Market(2021-2029)
• Global Market, by Component(2021-2029)
• Global Market, by Type(2021-2029)
• Global Market, by Installation(2021-2029)
• Global Market, by Image Projection(2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Range Type(2021-2029)
• Global Market, by End-User(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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