LiDAR Market Growth Outlook: VelodyneLidar, Quanergy, and Pheonix Aerial Systems Leading the Way

The Global LiDAR Market is expected to grow at a high CAGR of 20.1% during the forecasting period (2024-2031).

LiDAR Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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LiDAR (Light Detection and Ranging) is a remote sensing technology that uses laser light to measure distances and create high-resolution 3D maps. It is widely used in autonomous vehicles, topographic mapping, and forestry. LiDAR sensors provide precise spatial data even in low-light conditions. Advancements are making LiDAR systems smaller, cheaper, and more efficient. The technology is a key enabler for future smart cities and mobility solutions.

List of the Key Players in the LiDAR Market:

SICK AG, Hokuyo Automatic Co. Ltd., VelodyneLidar Inc., Quanergy, Pheonix Aerial Systems.

Industry Development:

❁ In December 2019, Pepperl+Fuchs introduced the R2300 multi-layer scanner, a cutting-edge 3D object detection sensor powered by LiDAR laser measurement technology. The R2300 offers high measurement density, enabling precise detection and mapping of objects, which is crucial in applications such as robotics, automation, and industrial systems. Both developments highlight the rapid progress in LiDAR technology, driving innovation in various fields.

Assessing the Effects of U.S. Tariffs on the Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global LiDAR Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the LiDAR Market:

By Component:Laser Scanners, Navigation, MEMS, GPS GNSS Receiver, Camera, Others.

By Product: Aerial, Terrestrial, Mobile, Short Range, Others.

By Type: Sold State, Pure Play, Mechanical.

By Application: Corridor Mapping, Engineering, Environment, ADAS & Driverless Cars, Exploration, Others.

By End-User: Aerospace and Defence, Civil Engineering, Archaeology, Forestry & Agriculture, Mining, Automotive and Commercial Transportation, Others.

Regional Analysis for LiDAR Market:

The regional analysis of the LiDAR Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the LiDAR market?

➠ Who are the leading manufacturers in the global LiDAR industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global LiDAR industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the LiDAR market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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