North America Lidar Market Forecast 2021-2028

North America Lidar Market Forecast 2021-2028

The North America LiDAR market is expected to evolve with a CAGR of 22.02%, during the forecast period of 2021 to 2028. The region’s market growth is mainly driven by factors such as, the rising popularity of geospatial mapping applications, the surging LiDAR application across industrial and defense sectors, and the growing autonomous vehicles’ research and development.

The North America LiDAR market growth analysis includes the assessment of Canada and the United States. Canada’s manufacturing division predominantly invests in the research, development, and implementation of innovative technology. Although the United States harbors a significant market share in North America, Canada has also gained considerable traction. However, the country falls short of the United States, in terms of autonomous vehicles and drone capabilities. Nevertheless, with more than five heavy-duty assembly plants, 400 dealerships, over 540 OEM parts manufacturers, and numerous other automotive-associated sectors, Canada is the eighth-largest vehicle manufacturer, worldwide.
On the other hand, Canada encourages the adoption of autonomous vehicles, with Ontario as the first province to permit on-road automated vehicles’ testing. Enterprises like Uber have also been exploring and testing driverless technology, across the nation. Similarly, the Provincial Liberal Government has amended the 10-year Automated Vehicle Pilot Project’s rules, to permit testing for driverless cars. Manga, Uber, the University of Waterloo, and Blackberry’s QNX are also among the participants for testing driverless cars. Hence, such factors are anticipated to bolster Canada’s LiDAR market growth, during the forecast period.

Leading companies operating in the market are, Quanergy Systems Inc, Velodyne Lidar Inc, Leica Geosystems AG, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Scope
3.2. Key Drivers
3.2.1. Rising Demand From Different Sectors
3.2.2. Extensive Use Of Lidar In Airborne Applications
3.2.3. Better Features Than Other Alternatives
3.2.4. Advancement In Technology
3.2.5. Increasing Research And Development In Self-driving Cars
3.3. Key Restraints
3.3.1. High Cost Of System
3.3.2. Real Potential Of Lidar Not Realized
4. Key Analytics
4.1. Impact Of Covid-19 On Lidar Market
4.2. Key Investment Insights
4.3. Porter’s Five Force Analysis
4.3.1. Buyer Power
4.3.2. Supplier Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
5. Market By Application
5.1. Corridor Mapping
5.2. Detection & Exploration
5.3. Seismology
5.4. Other Applications
6. Market By End-user
6.1. Civil Engineering
6.2. Forestry And Agriculture
6.3. Automotive
6.4. Aerospace & Defense
6.5. Archaeology
6.6. Mining
7. Market By Product Type
7.1. Aerial Lidar
7.1.1. Unmanned Aerial Vehicle (Uav)
7.1.2. Aircraft
7.1.3. Satellite
7.2. Terrestrial Lidar
7.2.1. Static Terrestrial Lidar
7.2.2. Mobile Terrestrial Lidar
8. Market By Component
8.1. Laser Scanners
8.2. Inertial Navigation System
8.3. Cameras
8.4. Gps
8.5. Other Components
9. Geographical Analysis
9.1. North America
9.1.1. United States
9.1.2. Canada
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Merger & Acquisitions
10.1.2. Product Launch & Developments
10.1.3. Partnership, Contract/Agreement & Collaboration
10.1.4. Business Expansion
10.2. Company Profile
10.2.1. Velodyne Lidar Inc
10.2.2. Leica Geosystems Ag
10.2.3. Topcon Corporation
10.2.4. Riegl Laser Measurement Systems Gmbh
10.2.5. Quanergy Systems Inc
10.2.6. Phantom Intelligence Inc
10.2.7. Trimble Inc
10.2.8. Teledyne Optech
10.2.9. Faro Technologies Inc
10.2.10. Airborne Hydrography Ab

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