According to a new market research report published by Global Insight Services “LiDAR Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Lidar is a remote sensing technology that uses laser light to map the surface of the earth. It is used to measure the distance between objects and can be used to create 3D models of the landscape. Lidar is used in a variety of applications including mapping, surveying, navigation, and environmental monitoring.
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Key Players
- Velodyne
- Leica Geosystems AG,
- GeoSLAM Ltd.
- Firmatek LLC,
- RIEGL Laser Measurement Systems GmbH
- Mira Solutions Inc
- Aerometric Surveys
- Airborne Hydrography
Key Trends and Drivers
The key trends in the LiDAR market are the increasing use of LiDAR in autonomous vehicles, the increasing use of LiDAR in robots, and the increasing use of LiDAR in drones.
The key drivers of LiDAR market are high demand for 3D mapping and surveying applications, rapid growth in construction and infrastructure development, and increasing demand for LiDAR in autonomous vehicles.
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Market Segments
By Type
- Terrestrial
- Aerial
- Mobile
- Short Rang
By Component
- LASER
- Inertial
- Camera
- GPS GNSS
- Micro-electro mechanical system (MEMS)
By Application
- Corridor Mapping
- Seismology
- Exploration & Detection
- Others
By End-User
- Defense & Aerospace
- Civil Engineering
- Archaeology
- Forestry & Agriculture
- Mining
- Transportation
Reasons to buy LiDAR Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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About Global Insight Services:
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