The Global LiDAR Market is segmented further based on Application, Technology, Component, Type, Installation, Range, Service, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
The Global LiDAR Market is estimated to be USD 1.4 Bn in 2021 and is expected to reach USD 3.74 Bn by 2026, growing at a CAGR of 21.7%
The Global LiDAR Market due to increasing demand and adoption of LiDAR in Engineering and Construction applications such as Geographical Information Systems (GIS) application, the emergence of 4D LiDAR, and government regulation for the use of commercial drones, tend to raise market growth. Additionally, an increase in benefits of LiDAR in a wide range such as urban planning, corridor mapping, exploration, etc., will also be one of the reasons to raise the growth of LiDAR. On the other hand, the market growth is affected by low-cost Photogrammetry systems and the challenge to overcome the high-cost LiDAR usage for surveying. Furthermore, technological advancement and adopting the LiDAR technology in automobiles help create market growth.
The Global LiDAR Market is segmented further based on Application, Technology, Component, Type, Installation, Range, Service, and Geography.
By Application Type, the market is classified into Corridor Mapping, Engineering, Environment, ADAS & Driverless Cars, Exploration, Urban Planning, Cartography, Meteorology, and Other Application.
By Technology Type, the LiDAR market is classified into 2D LiDAR, 3D LiDAR, and 4D LiDAR.
By Component Type, the LiDAR market is classified into Laser Scanners, Navigation and Positioning Systems, GPS GNNS Receiver, and Others.
By Type, the LiDAR market is classified into Mechanical and Solid-State.
By Installation Type, the LiDAR market is classified into Ground-Based LiDAR and Airborne LiDAR
By Range Type, the Car LiDAR market is classified into Short, Medium, and Long.
By Service Type, the LiDAR market is classified into Aerial Surveying, Asset Management, GIS Services, Ground-Based Surveying, and Other Services.
By Geography, America is projected to lead the market.
1. FARO Technologies, Inc. launches All-New Quantum Max FaroArm with Multiple Laser Line Probes- July 7, 2021
2. Leica Geosystem AG and Huddig collaborate to launch a new 3D machine control solution for their backhoe loaders- July 6, 2021
3. Teledyne Optech launches CZMIL SuperNova, a complete Geospatial Bathymetric LiDAR solution with industry.-June 15, 2021
Some of the companies covered in this report are Beijing SureStar Technology Co. Ltd, FARO Technologies, Inc., Hexagon, Leica Geosystems AG, Quantum Spatial, RIEGL Laser Measurement Systems GmbH, SICK AG, Teledyne Optech, Trimble, Inc., Velodyne Lidar, Inc., YellowScan, etc.
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global LiDAR Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.
A complete analysis of the market, including parent industry
Important market dynamics and trends
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
Airborne Hydrography AB
Beijing SureStar Technology Co. Ltd
Beike Tianhui Technology Co. Ltd
FARO Technologies, Inc.
Geokno India Private Limited
Hexagon, Leica Geosystems AG
Innoviz Technologies Ltd.
Mira Solutions, Inc.
Neptec Technologies Corp.
Phoenix LiDAR Systems
Quanergy Systems, Inc.
RIEGL Laser Measurement Systems GmbH
Topcon Positioning System Inc.
Vaisala Oyj (Leosphere SAS)
Velodyne Lidar, Inc.
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