Light Detection and Ranging (LIDAR) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
23249 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : RI
Light Detection and Ranging (LIDAR), also written lidar, LiDAR or LADAR, is a remote sensing technology that measures distance by illuminating a target with a laser and analyzing the reflected light. LIDAR is popularly used as a technology to make high-resolution maps, with applications in civil engineering, forestry & agriculture, transportation, urban mapping, etc. What is known as LIDAR is sometimes simply referred to as laser scanning or 3D scanning, with terrestrial and airborne applications.
As for the global Lidar industry, the industry structure is relative concentrated. The most of market share in production value is dominated by the top three giants Leica Geosystems, Trimble and Optech, which occupies closes to 65% totally in 2015. In the meantime, new entrants are emerging in this market, eroding the market share of traditional player as more applications are developed and diverse models are demanding in the market.
Key market drivers are the better performance than other technologies and ring demand for 3D mapping, as well as emerging supply market force for cheaper and better equipment to challenge current players.
Europe is holding the lion\'s share globally in technology and production, while North America is the largest consumption area. Other emerging countries, like China and India, are increasing Lidar in various applications.
Despite the presence of competition problems, due to the Lidar\'s special technology advantage in application, especially in unmanned automotive and 3D mapping, investors are very optimistic about this area; in future there will be more new investments into this industry.
Although sales of Lidar brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Lidar field.
The Global Light Detection and Ranging (LIDAR) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Light Detection and Ranging (LIDAR) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Leica Geosystems
Trimble
Teledyne Optech
Riegl
Topcon
Velodyne LiDAR
3D Laser Mapping
IGI
Sure Star
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Airborne LIDAR
Terrestrial LIDAR
Others In Market segmentation by applications :
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Light Detection and Ranging (LIDAR) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Light Detection and Ranging (LIDAR) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Light Detection and Ranging (LIDAR) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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