Industry Analysis
Light Detection and Ranging (LiDAR) Market was valued at USD 1.40 billion in 2021 and is expected to reach USD 8.51 billion by 2029, registering a CAGR of 25.30% during the forecast period of 2022-2029. Laser Scanners accounts for the largest component segment in the respective market owing to the increase in the aerial scanning and mapping operations. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Additionally, the credible Light Detection and Ranging (LiDAR) Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Semiconductors and Electronics industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.
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LiDAR is a kind of light detection and ranging or laser imaging detection and ranging. LiDAR technology is remote sensing in which light is used in the form of laser to appraise variable distances to the earth. LiDAR is considered as a combination of 3D scanning and laser scanning; therefore, it is also known as 3D laser scanning. Furthermore, increase in the adoption of solid-state, MEMS, flash LiDAR, and other LiDAR technologies extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, Initiatives undertaken by the governments to encourage the use of LiDAR drones for large-scale surveys will further expand the market.
Light Detection and Ranging (LiDAR) Market report encompasses various segments linked to Semiconductors and Electronics industry and market with comprehensive research and analysis. These comprise industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, and company market share analysis. All the data, figures and information are backed up by well recognized analysis tools which include SWOT analysis and Porter’s Five Forces analysis. So, take business to the peak level of growth with the all-inclusive Data Bridge Market research report.
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Industry Segmentation and Size
Component
- Laser Scanners
- Navigation and Positioning Systems
- Global Positioning System (GPS)
- Inertial Measurement Unit (IMU)
- Others
- Camera
- High-Precision Clock
- Other Accessories
Technology
- 2D LiDAR
- 3D LiDAR
- 4D LiDAR
Type
- Mechanical
- Solid-State
Installation Type
- Airborne LiDAR
- Bathymetric LiDAR
- Topographic
- Ground-Based LiDAR
- Mobile LiDAR
Range
- Short
- Medium
- Long
Service
- LiDAR Data Processing
- Data Acquisition
- Point Cloud Classification
- 3D Visualization
- Aerial Surveying
- Asset Management
- GIS Service
- Ground-Based Surveying
- Mapping and Modelling
- Others
Application
- Corridor Mapping
- Roadways
- Railways
- Others
- Engineering
- Environment
- Forest Management
- Coastline Management
- Pollution Modeling
- Agriculture
- Wind Farm and Precision Forestry
- ADAS and Driverless Cars
- Exploration
- Oil and Gas
- Mining
- Urban Planning
- Cartography
- Meteorology
End User
- Defense and Aerospace
- Civil Engineering
- Archaeology
- Forestry and Agriculture
- Mining Industry
- Transportation
The countries covered in the light detection and ranging (LiDAR) market report are
· U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
A reliable Light Detection and Ranging (LiDAR) Market marketing report proves to be the finest and excellent market research report as it is formulated with the following critical factors. These consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. The report performs market study and analysis to provide market data by considering new product development from beginning to launch. The Semiconductors and Electronics business report also provides evaluations based on the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Some of the major players operating in the light detection and ranging (LiDAR) market are
- Trimble Inc. (US)
- Leica Geosystems AG (Switzerland)
- Teledyne Optech (Canada)
- FARO (US)
- SICK AG (Germany)
- NV5 Global, Inc. (US)
- SureStar (China)
- Velodyne Lidar, Inc. (US)
- YELLOWSCAN (France)
- GeoKno (India)
- Phoenix LiDAR Systems (US)
- LeddarTech Inc. (Canada)
- Quanergy Systems, Inc. (US)
- Innoviz Technologies Ltd. (Israel)
- ZX Lidars (UK)
- Vaisala (Finland)
- Waymo LLC (US)
- Valeo (US)
- Ouster, Inc. (US)
Light Detection and Ranging (LiDAR) Market Report Answers the Following Questions:
How much revenue will the Light Detection and Ranging (LiDAR) Market generate by the end of the forecast period?
Which market segment is expected to have the maximum market share?
What are the influencing factors and their impact on the Light Detection and Ranging (LiDAR) Market?
Which regions are currently contributing the maximum share of the overall Light Detection and Ranging (LiDAR) Market?
What indicators are likely to stimulate the Light Detection and Ranging (LiDAR) Market?
What are the main strategies of the major players in the Light Detection and Ranging (LiDAR) Market to expand their geographic presence?
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