US LIDAR MARKET TO WITNESS CONSIDERABLE UPSURGE DURING 2025

By Digvijay Chakravarty 23 Apr 2020 Top stories,Business,Science,Technology,Health

LiDAR Market was valued at USD xx billion in 2018 and is projected to reach around USD xx billion by 2025, at a CAGR of XX% during the forecast period.

Report has published a new report title “LiDAR Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024.Increasing demand for the 3D imaging technology and technological developments are key drivers for Global LiDAR Market.

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Scope of LiDAR Market Reports –

LiDAR is detection technology uses light from laser and works on the principle of radar. It measure the distance between target illuminating the target with pulsed laser light and measuring the reflected pulses with a sensor. Global LiDAR Market report is segmented on the basis of Component, Type, Installation, Range, Service, and Application.   Based upon Component, the market is segmented into Laser Scanners, Navigation and Positioning Systems, and Other Components. On the basis of Type, market is classified as Mechanical LiDAR and Solid-State LiDAR. On the basis of Installation, Global LiDAR Market is classified as airborne and Ground-Based. On the basis of Range Short, market is segmented as Medium and Large. On the basis of Service market classified as Aerial Surveying, Asset Management, GIS Services Ground-Based Surveying and Other Services. On the basis of Application, market is segmented as Corridor Mapping, Engineering, Environment, ADAS & Driverless, Exploration, Urban Planning, Cartography, Metrology, and Other Applications

The regions covered in this LiDAR market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of LiDAR market is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

LiDAR Market Dynamics –

Global LiDAR market is growing with increasing demand for drone with higher accuracy, fast acquisition and processing.  Moreover, market is also growing with technological development and rising demand for 3D imaging application. However, high operating costs in some applications and require skilled data analysis techniques are expected to restrains of the Global LiDAR market. Nonetheless, untapped market and technological advancements may generate new opportunities in forecast period.

Key Benefits for LiDAR market Reports –

Global LiDAR market report covers in depth historical and forecast analysis.

Global LiDAR market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

Global LiDAR market report helps to identify opportunities in market place.

Global LiDAR market report covers extensive analysis of emerging trends and competitive landscape.

LiDAR Market Segmentation

By Component

  • Laser Scanners
  • Navigation and Positioning Systems
  • Other Components

By Type

  • Mechanical LiDAR
  • Solid-State LiDAR

By Installation

  • Airborne
  • Ground-Based

By Range

  • Short
  • Medium
  • Large

By Service

  • Aerial Surveying
  • Asset Management
  • GIS Services
  • Ground-Based Surveying
  • Other Services

 By Application

  • Corridor Mapping
  • Engineering
  • Environment
  • ADAS & Driverless
  • Exploration
  • Urban Planning
  • Cartography
  • Metrology
  • Other Applications

LiDAR Market Key Players

  • Teledyne Optech
  • Leica Geosystems
  • Reigl Laser Measurement Systems
  • Trimble
  • Faro Technologies
  • Quantum Spatial
  • Velodyne LiDAR
  • Beijing Surestar Technology
  • Geokno
  • Sick AG.
  • Others

 


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Digvijay Chakravarty

Digvijay Chakravarty presently develops content for a slew of portals, including businessstatsnews and Industry Stats Report. A post graduate in mathematics and business administration. As a content writer, he currently writes articles pertaining to the latest industry news, business trends, and market research.

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