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
Introduction
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%
Market Dynamics
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.
Market Segmentation
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.
Recent Developments
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
Company Profiles
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.
Countries Studied
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.
Report Highlights:
A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
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
Companies Mentioned
Companies Mentioned
Aerometrex Surveys
Airborne Hydrography AB
Beijing SureStar Technology Co. Ltd
Beike Tianhui Technology Co. Ltd
FARO Technologies, Inc.
Firmatek LLC
Geokno India Private Limited
GeoSLAM Ltd
Hexagon, Leica Geosystems AG
Innoviz Technologies Ltd.
LeddarTech, Inc.
Lumibird Canada
Mira Solutions, Inc.
Neptec Technologies Corp.
Ouster, Inc.
Phoenix LiDAR Systems
Quanergy Systems, Inc.
Quantum Spatial
RIEGL Laser Measurement Systems GmbH
RoboSense LiDAR
SICK AG
Teledyne Optech
Topcon Positioning System Inc.
Trimble, Inc.
Valeo S.A.
Vaisala Oyj (Leosphere SAS)
Velodyne Lidar, Inc.
Waymo LLC
YellowScan
ZX LiDARs
- 1 Report Description
- 1.1 Study Objectives
- 1.2 Market Definition
- 1.3 Currency
- 1.4 Years Considered
- 1.5 Language
- 1.6 Key Shareholders
- 2 Research Methodology
- 2.1 Research Process
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.2.3 IGR Models
- 2.3 Market Size Estimation
- 2.3.1 Bottom-Up Approach
- 2.3.2 Top-Down Approach
- 2.4 Assumptions of the Study
- 2.5 Limitations of the Study
- 3 Executive Summary
- 3.1 Introduction
- 3.2 Market Size and Segmentation
- 3.3 Market Outlook
- 4 Market Influencers
- 4.1 Drivers
- 4.1.1 Increasing Adoption of LiDAR Systems in UAVs, Engineering and Construction Applications
- 4.1.2 Increasing use of LiDAR in Geographical Information System (GIS) Applications
- 4.1.3 Government Policies for the use of Commercial Drones
- 4.1.4 Emerging 4D LiDAR and Product Innovation
- 4.2 Restraints
- 4.2.1 Availability of Low-Cost and Lightweight Photogrammetry Systems
- 4.2.2Safety Threats on Autonomous Cars and UAVs
- 4.3 Opportunities
- 4.3.1 Automotive Giants increasing investing in LiDAR Startups
- 4.3.2 Government Initiative and Research & Development
- 4.3.3 Opportunities for Long-term SWIR-Based Design
- 4.4 Challenges
- 4.4.1 High Cost of LiDAR Services
- 4.4.2 Limited Availability of Geospatial Data
- 5 Market Analysis
- 5.1 Porter’s Five Forces Analysis
- 5.2 Impact of COVID-19
- 5.3 Ansoff Matrix Analysis
- 6 Global LiDAR Market, By Application Type
- 6.1 Introduction
- 6.2 Corridor Mapping
- 6.3 Engineering
- 6.4 Environment
- 6.5 ADAS & Driverless Cars
- 6.6 Exploration
- 6.7 Urban Planning
- 6.8 Cartography
- 6.9 Meteorology
- 6.10 Other Application
- 7 Global LiDAR Market, By Technology Type
- 7.1 Introduction
- 7.2 2D LiDAR
- 7.3 3D LiDAR
- 7.4 4D LiDAR
- 8 Global LiDAR Market, By Component Type
- 8.1 Introduction
- 8.2 Laser Scanners
- 8.3 Navigation and Positioning Systems
- 8.4 GPS GNSS Receiver
- 8.5 Others
- 9 Global LiDAR Market, By Type
- 9.1 Introduction
- 9.2 Mechanical
- 9.3 Solid-State
- 10 Global LiDAR Market, By Installation Type
- 10.1 Introduction
- 10.2 Ground-based LiDAR
- 10.3 Airborne LiDAR
- 11 Global LiDAR Market, By Range Type
- 11.1 Introduction
- 11.2 Short
- 11.3 Medium
- 11.4 Long
- 12 Global LiDAR Market, By Service Type
- 12.1 Introduction
- 12.2 Aerial Surveying
- 12.3 Asset Management
- 12.4 GIS Services
- 12.5 Ground-Based Surveying
- 12.6 Other Services
- 13 Global LiDAR Market, By Geography
- 13.1 Introduction
- 13.1 America
- 13.1.1 Argentina
- 13.1.2 Brazil
- 13.1.3 Canada
- 13.1.4 Chile
- 13.1.5 Colombia
- 13.1.6 Mexico
- 13.1.7 Peru
- 13.1.8 United States
- 13.1.9 Rest of Americas
- 13.2 Europe
- 13.2.1 Austria
- 13.2.2 Belgium
- 13.2.3 Denmark
- 13.2.4 Finland
- 13.2.5 France
- 13.2.6 Germany
- 13.2.7 Italy
- 13.2.8 Netherlands
- 13.2.9 Norway
- 13.2.10 Poland
- 13.2.11 Russia
- 13.2.12 Spain
- 13.2.13 Sweden
- 13.2.14 Switzerland
- 13.2.15 United Kingdom
- 13.2.16 Rest of Europe
- 13.3 Middle East and Africa
- 13.3.1 Egypt
- 13.3.2 Israel
- 13.3.3 Qatar
- 13.3.4 Saudi Arabia
- 13.3.5 South Africa
- 13.3.6 United Arab Emirates
- 13.3.7 Rest of MEA
- 13.4 Asia-Pacific
- 13.4.1 Australia
- 13.4.2 Bangladesh
- 13.4.3 China
- 13.4.4 India
- 13.4.5 Indonesia
- 13.4.6 Japan
- 13.4.7 Malaysia
- 13.4.8 Philippines
- 13.4.9 Singapore
- 13.4.10 South Korea
- 13.4.11 Sri Lanka
- 13.4.12 Thailand
- 13.4.13 Taiwan
- 13.4.14 Rest of Asia
- 14 Competitive Landscape
- 14.1 IGR Competitive Quadrant
- 14.2 Market Share Analysis
- 14.3 Strategic Initiatives
- 14.3.1 M&A and Investments
- 14.3.2 Partnerships and Collaborations
- 14.3.3 Product Developments and Improvements
- 15 Company Profiles
- 15.1 Aerometrex Surveys
- 15.2 Airborne Hydrography AB
- 15.3 Beijing SureStar Technology Co. Ltd
- 15.4 Beike Tianhui Technology Co. Ltd
- 15.5 FARO Technologies, Inc.
- 15.6 Firmatek LLC
- 15.7 Geokno India Private Limited
- 15.8 GeoSLAM Ltd
- 15.9 Hexagon, Leica Geosystems AG
- 15.10 Innoviz Technologies Ltd.
- 15.11 LeddarTech, Inc.
- 15.12 Lumibird Canada
- 15.13 Mira Solutions, Inc.
- 15.14 Neptec Technologies Corp.
- 15.15 Ouster, Inc.
- 15.16 Phoenix LiDAR Systems
- 15.17 Quanergy Systems, Inc.
- 15.18 Quantum Spatial
- 15.19 RIEGL Laser Measurement Systems GmbH
- 15.20 RoboSense LiDAR
- 15.21 SICK AG
- 15.22 Teledyne Optech
- 15.23 Topcon Positioning System Inc.
- 15.24 Trimble, Inc.
- 15.25 Valeo S.A.
- 15.26 Vaisala Oyj (Leosphere SAS)
- 15.27 Velodyne Lidar, Inc.
- 15.28 Waymo LLC
- 15.29 YellowScan
- 15.30 ZX LiDARs
- 16 Appendix
- 16.1 Questionnaire
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