Global LIDAR Market by Product (Terrestrial/Static, Aerial, Mobile, Short-range), and By Application (Corridor mapping, Seismology, Exploration and detection, Others), Industry trends, Estimation & Forecast, 2016 - 2024
Global LIDAR Market by Product (Terrestrial/Static, Aerial, Mobile, Short-range), and By Application (Corridor mapping, Seismology, Exploration and detection,Others), Industry trends, Estimation & Forecast, 2016 - 2024
The global LiDAR market generated a revenue of $332.2 million in 2016 and is expected to reach $1.4 billion by 2024, having a CAGR of 21.4 % from 2017 to 2024. Among major technologies, Aerial LIDAR technology led the market garnering a revenue of $182.5 million in 2016 and is expected to grow with the highest growth rate, having a CAGR of 17.4% during the forecast period.
Light Detection and Ranging also called as LiDAR, is a technology which uses pulsed laser in order to measure various ranges to the earth. The technology is capable of generating accurate and precise 3D information. LiDAR is mainly used for surveying. The process includes measuring distance of a target by hitting it with a pulsed laser light (mainly, ultraviolet, visible or near infrared light). The reflected laser then returns, having the information with it, which can be deduced using a sensor which calculates the difference in laser return time for the distance of the object and uses the wavelength to form a 3D image of the very target. LiDAR technology can be used to target various materials such as rocks, rain, clouds, chemicals and even molecules.
MARKET DYNAMICS
LiDAR technology is highly capable of giving excellent results in terms of image resolutions. This is a major factor driving the global LiDAR market. The increasing adoption of aerial LiDAR systems to explore and detect places and historic details is driving the market growth. Constantly advancing data processing abilities and steep growth in the demand of advanced 3D imaging technology is also expected to stimulate the growth of LiDAR market globally. However, high cost of LiDAR systems such as high resolution cameras and navigation systems, can resist the market growth. Additionally, the lack of awareness about LiDAR technology and its assistances is declining the market growth. However, the constantly rising demand of enhanced and improvised, fully automated vehicles has urged a huge requirement of LiDAR systems, acting as an opportunity for the market.
MARKET SEGMENTATION
The global LiDAR market is segmented on the basis of type, components used, application, end user sectors and geography. By type, the market is segmented as terrestrial, aerial, mobile and short range are. On the basis of components, the LiDAR system market is segmented as a laser scanner, inertial navigation system, camera, GPS receiver and micro-electro-mechanical system. Corridor mapping, seismology, and exploration and detection purpose are some major application of LIDAR systems. By end-user, the market is categorized as, defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining industry and transportation. On the basis of geography, the LIDAR market is segmented as North America, Europe, Asia-Pacific, and LAMEA.
Some of the key market players of the global LiDAR market are Airborne Hydrography AB, Leosphere SaS, Faro Technologies Inc., Leica Geosystems Inc. (Hexagon), 3D Laser Mapping Inc., Firmatek LLC, RIEGL Laser Measurement Systems GmbH, Aerometric Inc., Mira Solutions Inc., Optech Inc. (Teledyne Technologies), Quanergy Systems, Inc.
Global LiDAR MARKET SEGMENTATION
By Product Type
The global LiDAR market generated a revenue of $332.2 million in 2016 and is expected to reach $1.4 billion by 2024, having a CAGR of 21.4 % from 2017 to 2024. Among major technologies, Aerial LIDAR technology led the market garnering a revenue of $182.5 million in 2016 and is expected to grow with the highest growth rate, having a CAGR of 17.4% during the forecast period.
Light Detection and Ranging also called as LiDAR, is a technology which uses pulsed laser in order to measure various ranges to the earth. The technology is capable of generating accurate and precise 3D information. LiDAR is mainly used for surveying. The process includes measuring distance of a target by hitting it with a pulsed laser light (mainly, ultraviolet, visible or near infrared light). The reflected laser then returns, having the information with it, which can be deduced using a sensor which calculates the difference in laser return time for the distance of the object and uses the wavelength to form a 3D image of the very target. LiDAR technology can be used to target various materials such as rocks, rain, clouds, chemicals and even molecules.
MARKET DYNAMICS
LiDAR technology is highly capable of giving excellent results in terms of image resolutions. This is a major factor driving the global LiDAR market. The increasing adoption of aerial LiDAR systems to explore and detect places and historic details is driving the market growth. Constantly advancing data processing abilities and steep growth in the demand of advanced 3D imaging technology is also expected to stimulate the growth of LiDAR market globally. However, high cost of LiDAR systems such as high resolution cameras and navigation systems, can resist the market growth. Additionally, the lack of awareness about LiDAR technology and its assistances is declining the market growth. However, the constantly rising demand of enhanced and improvised, fully automated vehicles has urged a huge requirement of LiDAR systems, acting as an opportunity for the market.
MARKET SEGMENTATION
The global LiDAR market is segmented on the basis of type, components used, application, end user sectors and geography. By type, the market is segmented as terrestrial, aerial, mobile and short range are. On the basis of components, the LiDAR system market is segmented as a laser scanner, inertial navigation system, camera, GPS receiver and micro-electro-mechanical system. Corridor mapping, seismology, and exploration and detection purpose are some major application of LIDAR systems. By end-user, the market is categorized as, defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining industry and transportation. On the basis of geography, the LIDAR market is segmented as North America, Europe, Asia-Pacific, and LAMEA.
Some of the key market players of the global LiDAR market are Airborne Hydrography AB, Leosphere SaS, Faro Technologies Inc., Leica Geosystems Inc. (Hexagon), 3D Laser Mapping Inc., Firmatek LLC, RIEGL Laser Measurement Systems GmbH, Aerometric Inc., Mira Solutions Inc., Optech Inc. (Teledyne Technologies), Quanergy Systems, Inc.
Global LiDAR MARKET SEGMENTATION
By Product Type
- Terrestrial/Static
- Aerial
- Mobile
- Short-range
- Corridor mapping
- Seismology
- Exploration and detection
- Others
- Laser
- Inertial navigation system
- Camera
- Gps/Gnss receiver
- Micro Electro Mechanical System (MEMS)
- Defense and aerospace
- Civil Engineering
- Archaeology
- Forestry and Agriculture
- Mining Industry
- Transportation
- North America
- Europe
- Asia-Pacific
- Rest of World
- Velodyne
- IBEO automotive systems GmbH
- Hokuyo Automatic Co. Ltd.
- Airborne Hydrography AB
- Leosphere SaS
- Faro Technologies Inc.
- Leica Geosystems Inc. (Hexagon)
- 3D Laser Mapping Inc
- Firmatek LLC
- RIEGL Laser Measurement Systems GmbH
- Aerometric Inc.
- Optech Inc.
- Quanergy Systems, Inc
- Mira Solutions Inc.
CHAPTER 1. INTRODUCTION
1.1Research Methodology
1.1.1.Secondary research
1.1.2.Primary research
1.1.3.Analyst tools and models
1.2.Market Definition
1.3.Report Overview
CHAPTER 2. MARKET OVERVIEW
2.1.Value chain analysis
2.2.Porter’s five forces model
2.3.Market share analysis
2.4.Investment Pockets
2.5.STRATEGIC ATTEMPTS
2.6.MARKET DETERMINANTS
2.6.1.Key impacting factors
2.6.2.DRIVERS
2.6.2.1.Better performance
2.6.2.2.Increasing demand of 3d imaging
2.6.2.3.Automation of LIdar processing
2.6.2.4.Increasing demand of environment applications
2.6.3.RESTRAINTS
2.6.3.1.High cost of lidar instruments
2.6.3.2.Lack of awareness
2.6.4.OPPORTUNITIES
2.6.4.1.New applications need lidar captured data
CHAPTER 3. GLOBAL LIDAR MARKET BY PRODUCT
3.1.Introduction
3.2.Global Lidar Market Revenue by product
3.3.Terrestrial
3.3.1.Current trends
3.3.2.Growth & opportunities
3.3.3.Global terrestrial LiDAR market revenue by region, 2016 – 2024
3.4.Aerial
3.4.1.Current trends
3.4.2.Growth & opportunities
3.4.3.Global aerial LIDAR market revenue by region, 2016 – 2024
3.5.Mobile
3.5.1.Current trends
3.5.2.Growth & opportunities
3.5.3.Global mobile LiDAR market revenue by region, 2016 – 2024
3.6.short range
3.6.1.Current trends
3.6.2.Growth & opportunities
3.6.3.Global short range LiDAR market revenue by region, 2016 – 2024
CHAPTER 4.GLOBAL LIDAR MARKET BY COMPONENTS
4.1.Introduction
4.2.Global lidar market revenue by components
4.3.Lasers
4.3.1.Current trends
4.3.2.Growth & opportunities
4.3.3.Global lasers LiDAR market revenue by region, 2016 – 2024
4.4.Inertial navigation system
4.4.1.Current trends
4.4.2.Growth & opportunities
4.4.3.Global inertial navigation system LiDAR market revenue by region, 2016 – 2024
4.5. camera
4.5.1.Current trends
4.5.2.Growth & opportunities
4.5.3.Global camera LiDAR market revenue by region, 2016 – 2024
4.6. GPS/gnss receiver
4.6.1.Current trends
4.6.2.Growth & opportunities
4.6.3.Global gps/gnss receiver LiDAR market revenue by region, 2016 – 2024
4.7.Micro- electro mechanical systems (Mems)
4.7.1.Current trends
4.7.2.Growth & Opportunities
4.7.3.Global micro-electro mechanical systems LiDAR market revenue by region, 2016 – 2024
CHAPTER 5. GLOBAL LIDAR MARKET BY APPLICATION
5.1.Introduction
5.2.Global lidar market revenue by application
5.3.Corridor Mapping
5.3.1.Current trends
5.3.2.Growth & opportunities
5.3.3.Global corridor mapping LiDAR market revenue by region, 2016 – 2024
5.4.Seismology
5.4.1.Current trends
5.4.2.Growth & opportunities
5.4.3.Global seismology LiDAR market revenue by region, 2016 – 2024
5.5.Exploration & detection
5.5.1.Current trends
5.5.2.Growth & opportunities
5.5.3.Global exploration & detection LiDAR market revenue by region, 2016 – 2024
5.6.Others
5.6.1.Current trends
5.6.2.Growth & opportunities
5.6.3.Global others LiDAR market revenue by region, 2016 – 2024
CHAPTER 6.GLOBAL LIDAR MARKET BY END USER
6.1.Introduction
6.2.Global lidar market revenue by end user
6.3.Defense & aerospace
6.3.1.Current trends
6.3.2.Growth & opportunities
6.3.3.Global defense & aerospace LiDAR market revenue by region, 2016 – 2024
6.4.Civil Engineering
6.4.1.Current trends
6.4.2.Growth & opportunities
6.4.3.Global civil engineering LiDAR market revenue by region, 2016 – 2024
6.5.Archeology
6.5.1.Current trends
6.5.2.Growth & opportunities
6.5.3.Global archeology LiDAR market revenue by region, 2016 – 2024
6.6.Forestry & Agriculture
6.6.1.Current trends
6.6.2.Growth & opportunities
6.6.3.Global forestry & agriculture LiDAR market revenue by region, 2016 – 2024
6.7.Mining industry
6.7.1.Current trends
6.7.2.Growth & opportunities
6.7.3.Global mining industry LiDAR market revenue by region, 2016 – 2024
6.8.Transportation
6.8.1.Current trends
6.8.2.Growth & opportunities
6.8.3.Global transportation LiDAR market revenue by region, 2016 – 2024
CHAPTER 7.GLOBAL LIDAR MARKET BY GEOGRAPHY
7.1.Introduction
7.2.Global lidar market revenue by geography
7.3.North America
7.3.1.Current trends
7.3.2.Growth & opportunities
7.3.3.Competitive landscape
7.3.4.North America LiDAR market revenue by type, 2016-2024.
7.3.5.North America LiDAR market revenue by application, 2016-2024
7.3.6.North America LiDAR market revenue by end user, 2016-2024
7.4.Europe
7.4.1.Current trends
7.4.2.Growth & opportunities
7.4.3.Competitive landscape
7.4.4.Europe LIDAR market revenue by type, 2016-2024
7.4.5.Europe LIDAR market revenue by application, 2016-2024
7.4.6.Europe LIDAR market revenue by end user, 2016-2024
7.5.Asia- Pacific
7.5.1.Current trends
7.5.2.Growth & opportunities
7.5.3.Competitive landscape
7.5.4. Market trends, growth & opportunities
7.5.5.APAC LIDAR market revenue by type, 2016-2024
7.5.6.APAC LIDAR market revenue by application, 2016-2024
7.5.7.APAC LiDAR market revenue by end user, 2016-2024
7.6.Rest of the world
7.6.1.Current trends
7.6.2.Growth & opportunities
7.6.3.Competitive landscape
7.6.4.ROW LIDAR market revenue by type, 2016-2024
7.6.5.ROW LIDAR market revenue by application, 2016-2024
7.6.6.ROW LIDAR market revenue by end user, 2016-2024
CHAPTER 8. COMPANY PROFILES
8.1.Leosphere sas
8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Business overview
8.1.4.Strategic attempts
8.2.airborne hydrography ab
8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Business overview
8.2.4.Strategic attempts
8.3.Firmatek LLC
8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Business overview
8.3.4.Strategic attempts
8.4.Faro Technologies, Inc
8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Business overview
8.4.4.Strategic attempts
8.5.3d Laser Maping, inc
8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Business overview
8.5.4.Strategic attempts
8.6.Leica Geosystems, Inc
8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Business overview
8.6.4.Strategic attempts
8.7.Aerometric, inc
8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Business overview
8.7.4.Strategic attempts
8.8.Quanergy systems, inc
8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Business overview
8.8.4.Strategic attempts
8.9.Optech, inc.
8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Business overview
8.9.4.Strategic attempts
8.10.Riegl laser measurment systems gmbh
8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Business overview
8.10.4.Strategic attempts
1.1Research Methodology
1.1.1.Secondary research
1.1.2.Primary research
1.1.3.Analyst tools and models
1.2.Market Definition
1.3.Report Overview
CHAPTER 2. MARKET OVERVIEW
2.1.Value chain analysis
2.2.Porter’s five forces model
2.3.Market share analysis
2.4.Investment Pockets
2.5.STRATEGIC ATTEMPTS
2.6.MARKET DETERMINANTS
2.6.1.Key impacting factors
2.6.2.DRIVERS
2.6.2.1.Better performance
2.6.2.2.Increasing demand of 3d imaging
2.6.2.3.Automation of LIdar processing
2.6.2.4.Increasing demand of environment applications
2.6.3.RESTRAINTS
2.6.3.1.High cost of lidar instruments
2.6.3.2.Lack of awareness
2.6.4.OPPORTUNITIES
2.6.4.1.New applications need lidar captured data
CHAPTER 3. GLOBAL LIDAR MARKET BY PRODUCT
3.1.Introduction
3.2.Global Lidar Market Revenue by product
3.3.Terrestrial
3.3.1.Current trends
3.3.2.Growth & opportunities
3.3.3.Global terrestrial LiDAR market revenue by region, 2016 – 2024
3.4.Aerial
3.4.1.Current trends
3.4.2.Growth & opportunities
3.4.3.Global aerial LIDAR market revenue by region, 2016 – 2024
3.5.Mobile
3.5.1.Current trends
3.5.2.Growth & opportunities
3.5.3.Global mobile LiDAR market revenue by region, 2016 – 2024
3.6.short range
3.6.1.Current trends
3.6.2.Growth & opportunities
3.6.3.Global short range LiDAR market revenue by region, 2016 – 2024
CHAPTER 4.GLOBAL LIDAR MARKET BY COMPONENTS
4.1.Introduction
4.2.Global lidar market revenue by components
4.3.Lasers
4.3.1.Current trends
4.3.2.Growth & opportunities
4.3.3.Global lasers LiDAR market revenue by region, 2016 – 2024
4.4.Inertial navigation system
4.4.1.Current trends
4.4.2.Growth & opportunities
4.4.3.Global inertial navigation system LiDAR market revenue by region, 2016 – 2024
4.5. camera
4.5.1.Current trends
4.5.2.Growth & opportunities
4.5.3.Global camera LiDAR market revenue by region, 2016 – 2024
4.6. GPS/gnss receiver
4.6.1.Current trends
4.6.2.Growth & opportunities
4.6.3.Global gps/gnss receiver LiDAR market revenue by region, 2016 – 2024
4.7.Micro- electro mechanical systems (Mems)
4.7.1.Current trends
4.7.2.Growth & Opportunities
4.7.3.Global micro-electro mechanical systems LiDAR market revenue by region, 2016 – 2024
CHAPTER 5. GLOBAL LIDAR MARKET BY APPLICATION
5.1.Introduction
5.2.Global lidar market revenue by application
5.3.Corridor Mapping
5.3.1.Current trends
5.3.2.Growth & opportunities
5.3.3.Global corridor mapping LiDAR market revenue by region, 2016 – 2024
5.4.Seismology
5.4.1.Current trends
5.4.2.Growth & opportunities
5.4.3.Global seismology LiDAR market revenue by region, 2016 – 2024
5.5.Exploration & detection
5.5.1.Current trends
5.5.2.Growth & opportunities
5.5.3.Global exploration & detection LiDAR market revenue by region, 2016 – 2024
5.6.Others
5.6.1.Current trends
5.6.2.Growth & opportunities
5.6.3.Global others LiDAR market revenue by region, 2016 – 2024
CHAPTER 6.GLOBAL LIDAR MARKET BY END USER
6.1.Introduction
6.2.Global lidar market revenue by end user
6.3.Defense & aerospace
6.3.1.Current trends
6.3.2.Growth & opportunities
6.3.3.Global defense & aerospace LiDAR market revenue by region, 2016 – 2024
6.4.Civil Engineering
6.4.1.Current trends
6.4.2.Growth & opportunities
6.4.3.Global civil engineering LiDAR market revenue by region, 2016 – 2024
6.5.Archeology
6.5.1.Current trends
6.5.2.Growth & opportunities
6.5.3.Global archeology LiDAR market revenue by region, 2016 – 2024
6.6.Forestry & Agriculture
6.6.1.Current trends
6.6.2.Growth & opportunities
6.6.3.Global forestry & agriculture LiDAR market revenue by region, 2016 – 2024
6.7.Mining industry
6.7.1.Current trends
6.7.2.Growth & opportunities
6.7.3.Global mining industry LiDAR market revenue by region, 2016 – 2024
6.8.Transportation
6.8.1.Current trends
6.8.2.Growth & opportunities
6.8.3.Global transportation LiDAR market revenue by region, 2016 – 2024
CHAPTER 7.GLOBAL LIDAR MARKET BY GEOGRAPHY
7.1.Introduction
7.2.Global lidar market revenue by geography
7.3.North America
7.3.1.Current trends
7.3.2.Growth & opportunities
7.3.3.Competitive landscape
7.3.4.North America LiDAR market revenue by type, 2016-2024.
7.3.5.North America LiDAR market revenue by application, 2016-2024
7.3.6.North America LiDAR market revenue by end user, 2016-2024
7.4.Europe
7.4.1.Current trends
7.4.2.Growth & opportunities
7.4.3.Competitive landscape
7.4.4.Europe LIDAR market revenue by type, 2016-2024
7.4.5.Europe LIDAR market revenue by application, 2016-2024
7.4.6.Europe LIDAR market revenue by end user, 2016-2024
7.5.Asia- Pacific
7.5.1.Current trends
7.5.2.Growth & opportunities
7.5.3.Competitive landscape
7.5.4. Market trends, growth & opportunities
7.5.5.APAC LIDAR market revenue by type, 2016-2024
7.5.6.APAC LIDAR market revenue by application, 2016-2024
7.5.7.APAC LiDAR market revenue by end user, 2016-2024
7.6.Rest of the world
7.6.1.Current trends
7.6.2.Growth & opportunities
7.6.3.Competitive landscape
7.6.4.ROW LIDAR market revenue by type, 2016-2024
7.6.5.ROW LIDAR market revenue by application, 2016-2024
7.6.6.ROW LIDAR market revenue by end user, 2016-2024
CHAPTER 8. COMPANY PROFILES
8.1.Leosphere sas
8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Business overview
8.1.4.Strategic attempts
8.2.airborne hydrography ab
8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Business overview
8.2.4.Strategic attempts
8.3.Firmatek LLC
8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Business overview
8.3.4.Strategic attempts
8.4.Faro Technologies, Inc
8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Business overview
8.4.4.Strategic attempts
8.5.3d Laser Maping, inc
8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Business overview
8.5.4.Strategic attempts
8.6.Leica Geosystems, Inc
8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Business overview
8.6.4.Strategic attempts
8.7.Aerometric, inc
8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Business overview
8.7.4.Strategic attempts
8.8.Quanergy systems, inc
8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Business overview
8.8.4.Strategic attempts
8.9.Optech, inc.
8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Business overview
8.9.4.Strategic attempts
8.10.Riegl laser measurment systems gmbh
8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Business overview
8.10.4.Strategic attempts
