LiDAR Market Worth US$ 3 Billion by 2022

New York, May 01: Market Research Engine has published a new report titled as “LiDAR Market By Type Analysis (Airborne LiDAR, Terrestrial LiDAR); By Application Analysis (Coastal, Transportation, Forestry, Infrastructure, Transmission lines, Defense and Aerospace, Flood Mapping) and By Regional Analysis – Global Forecast by 2016 - 2022”

How Big is the Global LiDAR Market?

The Global LiDAR Market is expected to exceed more than US$ 3 billion by 2022 and will grow at a CAGR of more than 12.1% in the given forecast period.

Browse Full Report: https://www.marketresearchengine.com/lidar-market-report

Light Detection and Ranging (LiDAR) is a remote sensing tools that measures scattered light to determine information and variety of target. LiDAR is corresponding to radar insure components. However, LiDAR makes use of waves of shorter wavelengths unlike radar, which uses radio waves for measuring goals. The wavelengths of the digital spectrum for LiDAR generation usually lie within the visible, ultraviolet and infrared range. The LiDAR generation allows direct dimension of 3-D systems and underlying terrain with excessive resolution and excessive information accuracy. The 2 essential kinds of LiDAR include airborne LiDAR which includes topographic and bathymetric LiDAR and terrestrial LiDAR that consists of cellular LiDAR and quick variety LiDAR.

The major driving factors of Global LiDAR Market are as follows:

• Proportional advantages over traditional mapping techniques
• Rising demand for 3D imagery in commercial, consumer and government applications

The restraints factors of Global LiDAR Market are as follows:

• Need standardization of data formats
• Software expansion gap posing a threat to the expansion of LiDAR

The Global LiDAR Market is segmented on the lines of its type, application and regional. Based on type segmentation it covers airborne LiDAR and terrestrial LiDAR. Under application segmentation it covers coastal, transportation, forestry, infrastructure, transmission lines, defense and aerospace, flood mapping, others such as mining, hydrography etc. The Global LiDAR Market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for LiDAR and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.

3) Identifications of new market opportunities and targeted promotional plans for Global LiDAR Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for Global LiDAR Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Quantum Spatial (Aerometric) (U.S.), Faro Technology (U.S.), Geodigital (Canada), Leica Geosystems AG (Switzerland), Optech, Inc. (Canada), Reigl Laser Measurement Systems GmbH (Austria), Topcon Positioning Systems, Inc. (U.S.), Trimble Navigation Limited (U.S.), Sick AG (Germany), Velodyne (U.S.), BLOM (Norway), Michael Baker International (U.S.), and YellowScan (France). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global LiDAR Market has been segmented as below:

By Type Analysis

• Airborne LiDAR
• Terrestrial LiDAR

By Application Analysis

• Coastal
• Transportation
• Forestry
• Infrastructure
• Transmission lines
• Defense and Aerospace
• Flood Mapping
• Others (Mining, Hydrography etc.)

By Regional Analysis

• North America
• Europe
• Asia-Pacific
• Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Global LiDAR Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global LiDAR Market data.
4) Assess your competitor’s refining portfolio and its evolution.

About MarketResearchEngine.com

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

Media Contact

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Country: United States
Website: https://www.marketresearchengine.com/

Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States

This release was published on openPR.