openPR Logo
Press release

Asia-Pacific LiDAR Market - Opportunity Analysis and Industry Forecast, 2015 - 2022

05-02-2017 12:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market LLP

Asia-Pacific (LiDAR) Light Detection and Ranging System Market Report, published by Allied Market Research, forecasts that the asia-pacific market is expected to garner $205.6 million by 2022, registering a CAGR of 25% during the forecast period 2016 - 2022. China is the leading LiDAR systems market in Asia-Pacific, followed by Japan. Factors such as increase in use of drones in various applications such as agriculture, cartography and corridor mapping, technological superiority of LiDAR systems over other conventional technologies, and rising demand for 3D imaging has increased the demand for mapping systems equipped with LiDAR.

Aerial/airborne LiDAR systems have a significant share in the Asia-Pacific LiDAR market due to their demand in defense and civil infrastructure applications. Among the other systems, which include terrestrial LiDAR, Mobile LiDAR and short range LiDAR; mobile systems are expected to witness the highest growth during the forecast period.

Read More : https://www.alliedmarketresearch.com/asia-pacific-lidar-market

Laser component is the largest revenue contributor that accounts for over 36% of the overall revenue, throughout the forecast period. Lasers are projected to dominate the components segment of the Asia-Pacific LiDAR market due to emerging applications in meteorology and autonomous vehicles, which would drive use of lasers. Camera is anticipated to be one of the most lucrative segments, in terms of growth, with an anticipated CAGR of 33.0% from 2016 to 2022, owing to developing 3D imaging technologies.

Corridor mapping is projected to dominate applications segment accounting for around 48% share in 2015, because of an increase in the demand for various applications including urban modelling, flood mapping, and forestry and other applications. However, the seismology segment is expected to register a significant growth, with an anticipated CAGR of 34.9%.

Do Enquiry for Sample Report @ https://www.alliedmarketresearch.com/request-free-sample/1248

The civil engineering end user segment portrays the highest revenue contribution owing to the awareness about the ease of data collection and processing through LiDAR systems. However, the transportation sector is projected to depict the fastest growth during the forecast period.

China exhibits the highest adoption of LiDAR technology in the Asia-Pacific LiDAR market. However, India is projected to offer lucrative opportunities to the market players, as this technology is expected to be adopted rapidly in infrastructure development activities. India is anticipated to grow with a promising CAGR of 28.5% during the forecast period.

Key findings of Asia-Pacific LiDAR Market:

• Aerial LiDAR is expected to exhibit significant growth due to the increased use of drones, during the forecast period.
• Laser component is expected to maintain the leading position throughout the study period.
• Industry participants aim to introduce new innovative products to improve their market share.
• The Asia-Pacific LiDAR market comprises dominant players such Airborne Hydrography, Faro Technologies, Leica Geosystems, and others. These companies have adopted strategies, such as product launch, research & development, acquisition, cooperation, and joint venture, to increase their market share and expand their geographical presence, specifically in Asia-Pacific.

Do Enquiry before purchasing Report @ https://www.alliedmarketresearch.com/purchase-enquiry/1248

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

Rahul Thakur
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free : +1-800-792-5285
UK : + 44-845-528-1300
Hong Kong : + 852-301-84916
India (Pune) : +91 20 66346060
Fax : +1⟨855⟩550-5975
help@alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia-Pacific LiDAR Market - Opportunity Analysis and Industry Forecast, 2015 - 2022 here

News-ID: 520124 • Views: 262

More Releases from Allied Market LLP

Polyethylene Films Market 2023 Analysis of Key Trends and Drivers Shaping Future …
According to the report published by Allied Market Research, the global Polyethylene Films Market garnered $73.50 billion in 2017 and is expected to reach $90.91 billion by 2022, registering a CAGR of 3.6% from 2017 to 2023. The report has been prepared based on an in-depth market analysis with inputs from industry experts. It includes a study of the market size and share, market dynamics, market classification, and its growth prospects
Butadiene Market Statistics 2027: Major Factors that can Increase the Global Dem …
Allied Market Research published a new report, titled, "Butadiene Market." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. The report offers key drivers that
Traction Motor Market Analysis, Key Players, Challenges, Segmentation and Foreca …
Allied Market Research published a report titled, “Traction Motor Market by Application (Railways, Electric Vehicle and Industrial Vehicles), Type (DC Traction Motor, AC Traction Motor and Synchronous Motor) and Power Rating (Less than 200 kW, 200-400 kW and More than 400 kW): Global Opportunity Analysis and Industry Forecast, 2020–2027.”According to the report, the global traction motor industry was estimated at $10.78 billion in 2019, and is expected to hit $30.06
Flip Chip Market registering a CAGR of 9%; Powered by High Demand from IoT Devic …
Flip Chip Market Report by Allied Market Research, forecasts that the global market is expected to garner $46 billion by 2022, registering a CAGR of 9% during the period 2016-2022. Asia-Pacific dominated the global flip chip market and contributed over half of the market share owing to thriving market for semiconductors and electronic devices. The exclusive advantages of flip chip such as less space consumption, better efficiency, more I/O options as

All 5 Releases


More Releases for LiDAR

LiDAR Drones Market 2021 Strategic Assessment- Velodyne LiDAR Inc., Phoenix LiDA …
Global LiDAR Drones Market This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline. In 2019, the LiDAR drones market was valued at USD 38.16 million, and is projected to reach a value of USD
LiDAR Market - Massive consumer base 2025
Global LiDAR Market: Snapshot The global LiDAR market is predicted by seasoned market analysts to expect high growth prospects taking birth on the back of leading applications such as meteorology, cartography, urban planning, exploration, driverless cars, advanced driver assistance systems (ADAS), engineering, and corridor mapping. Amongst all of these applications, the demand for LiDAR could be considerably improved by the rising usage of corridor mapping in roadways mapping. The swelling demand
LiDAR technology Global Market 2018: Key Players – Airborne Hydrography, Appli …
LiDAR technology Industry Description Wiseguyreports.Com Adds “LiDAR technology -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database This report studies the global LiDAR technology market status and forecast, categorizes the global LiDAR technology market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Lidar is
A Comprehensive Study exploring LiDAR Sensor Market
An extensive analysis of the LiDAR Sensor Market strategy of the leading companies in the precision of import/export consumption, supply and demand figures, cost, price, revenue and gross margins. The report starts by an introduction about the company profiling and a comprehensive review about the strategy concept and the tools that can be used to assess and analyze strategy. It also analyzes the company’s strategy in the light of Porter’s
Global LiDAR Market 2018 | AutonomouStuff, Blom, Faro Technologies, Velodyne LiD …
Press Release - 30 May2018 Global Research and Development News -- . . "Global LiDAR Sales Market Report 2018" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' -In this report, the global LiDAR market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX%
Global Wind Lidar Sales Market Report 2017
Research Beam added a detailed report titled, “Global Wind Lidar Sales Market Outlook 2016-2021”. This report acts as an important tool for the market players to gain a strong foothold and subsequently, maintain a dominating position in the global market. The quantitative and qualitative analysis of the global Wind Lidar Sales market provides a critical insight into the key current and emerging market trends. The information presented is a compilation