LiDAR Market Business Trends, Emerging Growth tO 2029

LiDAR Market was worth US$ 1.59 Bn. in 2022 and total revenue is expected to grow at a rate of 20.7 % CAGR from 2022 to 2029, the LiDAR Market is reaching almost US$ 5.95 Bn. in 2029.

LiDAR Market Report Scope and Research Methodology

The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the LiDAR industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.

The research is based on extensive research and analysis, incorporating inputs from industry experts, government agencies, and market participants, providing a reliable and accurate assessment of the market dynamics and future trends.

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What are LiDAR Market Dynamics?

Governments worldwide are allocating increased funds to their defense budgets, leading to a surge in demand for LiDAR . As the nature of warfare evolves, there is a growing need for advanced and refined LiDAR to counter emerging threats. Technological advancements and innovations are enabling the development of cutting-edge LiDAR with enhanced capabilities.

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?

1. Leica Geosystems Holdings AG
2. Teledyne Optech Inc.
3. Quantum Spatial, Inc.
4. Faro Technologies, Inc.
5. Velodyne LiDAR, Inc.
6. Sick AG
7. Geokno
8. Trimble, Inc.
9. RIEGL USA
10.YellowScan
11.Beijing Surestar Technology
12.Optech Inc.
13.Geodigital
14.Topcon Positioning Systems Inc.
15.Denso
16.Trimble, Inc. (US)
17.HEXAGON,
18.SICK AG
19.Trimble Inc.
20.Phoenix LiDAR Systems
21.LeddarTech Inc.
22.Quanergy Systems, Inc.
23.Innoviz Technologies Ltd.
24.ZX Lidars
25.Vaisala
26.Waymo LLC
27.Valeo
28.Lumibird Canada
29.Ouster, Inc.

Table of content for the LiDAR Market includes:

Part 01: Executive Summary
Part 02: Scope of the LiDAR Market Report
Part 03: Global LiDAR Market Landscape
Part 04: Global LiDAR Market Sizing
Part 05: Global LiDAR Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Regional Insights:

The global LiDAR market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Military Land Vehicle Market is experiencing a rise in demand for electric vehicles, driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in LiDAR to bolster military capabilities.

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 - A detailed analysis by Product
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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