Press release
The Global Airborne LiDAR Market to grow from USD 1.91 billion in 2023 to USD 5.81 billion by 2030, at a CAGR of 17.17%.
Airborne LiDAR Market | 360iResearch
The Global Airborne LiDAR Market to grow from USD 1.91 billion in 2023 to USD 5.81 billion by 2030, at a CAGR of 17.17%.
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Airborne Light Detection and Ranging (LiDAR) is a remote sensing technology that utilizes laser pulses to measure the distance between the sensor and the Earth's surface. This technology generates precise, 3D data about the shape of the Earth and its surface characteristics. Mounted on aircraft or drones, airborne LiDAR is widely used for mapping, surveying, and assessing various environments ranging from forests and coastlines to urban areas. Key drivers include a growing need for precise and accurate geographical data, automated processing advancements, and widespread application across sectors, including defense, forestry, and civil engineering. The rising adoption of UAVs (Unmanned Aerial Vehicles) equipped with LiDAR systems for surveying and the increasing use of LiDAR in environmental monitoring and disaster management also bolster growth. However, challenges, including high initial investment and maintenance costs for LiDAR systems, hamper the expansion. Additionally, technical limitations, such as the inability to penetrate dense forests or water bodies with laser pulses, may deter its application in certain terrains. The requirement for trained professionals to operate the technology and interpret the complex data also presents a barrier. Integration with booming technologies such as AI & machine learning for advanced data analysis and the potential expansion into new application areas, such as autonomous vehicles and smart city initiatives, constitute significant growth prospects. The current trend of miniaturization and cost reduction of LiDAR sensors opens up possibilities for broader adoption and innovation in the market.
Market Segmentation & Coverage:
This research report categorizes the Airborne LiDAR Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Global Positioning System, Inertial Measurement System, Interface Device, Laser, Ranging Device, and Scanner. The Hardware is projected to witness significant market share during forecast period.
Based on Type, market is studied across Bathymetric LiDAR and Topographic LiDAR. The Bathymetric LiDAR is projected to witness significant market share during forecast period.
Based on Platform, market is studied across Fixed Wing Aircraft, Rotary Wing Aircraft, and Unmanned Aerial Vehicle. The Unmanned Aerial Vehicle is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Airborne LiDAR Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Airborne LiDAR Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Airborne LiDAR Market, highlighting leading vendors and their innovative profiles. These include Airborne Imaging Inc. by Barr GeoSpatial Solutions, Dibotics, Firmatek, LLC, Fugro, IGI mbH, Leica Geosystems AG by Hexagon AB, LightWare Lidar LLC, Merrick & Company, Oxford Technical Solutions Limited, RIEGL Laser Measurement Systems GmbH, Saab Group, Teledyne Technologies Incorporated, Velodyne Lidar, Inc., XactSense Inc., and YellowScan.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Airborne LiDAR Market, by Component
7. Airborne LiDAR Market, by Type
8. Airborne LiDAR Market, by Platform
9. Americas Airborne LiDAR Market
10. Asia-Pacific Airborne LiDAR Market
11. Europe, Middle East & Africa Airborne LiDAR Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Airborne LiDAR Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Airborne LiDAR Market?
3. What is the competitive strategic window for opportunities in the Airborne LiDAR Market?
4. What are the technology trends and regulatory frameworks in the Airborne LiDAR Market?
5. What is the market share of the leading vendors in the Airborne LiDAR Market?
6. What modes and strategic moves are considered suitable for entering the Airborne LiDAR Market?
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About 360iResearch
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