Is LiDAR Necessary for Autonomous Vehicles? Know Its Application, Types and Market Share

A LiDAR i.e. Light Detection and Ranging is a remote sensing technology that makes use of light to measure ranges. This is done by measuring scattered light. LiDAR, unlike radar, makes use of shorter wavelength whereas radar makes use of radio waves for measuring targets.

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The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2023 to 2028. These analyses will help the reader to understand the potential worth of investment in a particular region. The report offers in-depth assessment of the growth and other aspects of the LiDAR Market in important regions. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The List of Companies - LiDAR Market

Teledyne Optech Inc
Faro Technologies, Inc
Quantum Spatial, Inc
Velodyne LiDAR, Inc
Riegl Laser Measurement Systems GmbH
Leica Geosystems Ag
Trimble Inc.
Quanergy Systems
LeddarTech
3D Laser Mapping Inc

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position are explained to help make a well informed decision. Competitive landscape of Market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.

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Segments-

The report aims to provide an overview of Global LiDAR Market along with detailed segmentation of market by segment type, component, application, and five major geographical regions. Global LiDAR market is expected to witness growth during the forecast period due to rising demand for 3D imagery in several end-use applications including construction, transportation, defense, and power transmission among others.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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