LiDAR Market By Component 2023 | IndustryARC
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LiDAR Market
LiDAR Market: By Component (Navigation, Positioning Systems); By Type (Airborne, Terrestrial); By Software & Services (Aerial Surveying, GIS Services); By Industry Verticals (Geospatial, Natural Resources) and By Geography - Forecast (2017-2023)
Report Code : AIR 0103
Published: 09 August, 2017  

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Light Detection and Ranging (LiDAR) is a surveying system that transmits laser light to determine distance of the object. The major benefits of LiDAR technology include capability to capture large area in a short span of time, quicker turnaround and less requirement of labor/manual work. Government ‘support and initiative’ in developed as well as developing economies, rising demand for drones mapping in various applications and technological superiority of LiDAR providing increased efficiency and reduced human efforts are the vital growth drivers of the market. 

The market is further classified based on component, product type, software and services, industry Verticals and geography. The report also comprises of the region wise study of the global market including Americas, Europe, Asia-Pacific and Rest of the World. Based on product type, ‘airborne systems’ is the dominant segment generating 60% of the total revenue in 2016. Airborne systems are again segmented as topographic and bathymetric type. On basis of industry verticals, geospatial application is the dominant application owing to rising demand for real time location information and navigation details. Automotive sector is the fastest growing segment with respect to LiDAR market due to spurring demand for advanced driver assistance systems and self-driving systems in this industry.

LiDAR Market

According to IndustryARC, Americas is the largest contributor to the market in 2015. APAC is the fastest growing region with respect to LiDAR market due to growing penetration for mapping coupled with increasing demand for personal navigation system. In addition, increase in adoption of LiDAR in automotive sector and surging demand of mapping in emerging economies such as China, India and others will create new opportunities for LiDAR market. 

Sample Companies Profiled in this Report are:
  • Leica Geosystems AG (Switzerland)
  • Teledyne Optech Inc. (Canada)
  • Trimble Navigation Limited (U.S.)
  • Riegl Laser Measurement Systems GmbH (Austria)
  • Velodyne LiDAR, Inc. (U.S.)
  • 10+
1.LiDAR Market Overview
2.Executive Summary
3.LiDAR Market Landscape
   3.1.Market Share Analysis
   3.2.Comparative Analysis
      3.2.1.Product Benchmarking
      3.2.2.End user profiling
      3.2.3.Patent Analysis
      3.2.4.Top 5 Financials Analysis
4.LiDAR Market Forces
   4.1.Market Drivers
      4.1.1.Modernization of existing generation of LiDAR equipment
      4.1.2.Rapid penetration of LiDAR based in wind and solar energy sector
      4.1.3.Upsurge in demand for decision making having geospatial context
      4.1.4.Expansion of Infrastructure for economic growth in developing economics
   4.2.Market Constraints and Challenges
      4.2.1.Technical and non-technical limitation of LiDAR systems
      4.2.2.Less awareness among the customers
   4.3.Attractiveness of the LiDAR Market
      4.3.1.Power of Suppliers
      4.3.2.Power of Customers
      4.3.3.Threat of New entrants
      4.3.4.Threat of Substitution
      4.3.5.Degree of Competition
5.LiDAR Market - Strategic Analysis
   5.1.Value Chain Analysis
   5.2.Pricing Analysis
   5.3.Opportunities Analysis
      5.3.1.Increasing adoption of 3D imaging with LiDAR technology in numerous applications
      5.3.2.Increasing demand from automotive industry for ADAS system and autonomous vehicles
   5.4.Suppliers and Distributors
   5.5.Market Lifecycle Analysis
6.LiDAR Market – By Components
   6.2.Light Soruce & Detection
   6.3.Navigation Systems
   6.4.Positioning Systems
7.LiDAR Market – Product type
8.LiDAR Market – Software and Services
   8.2.LiDAR Data Processing
   8.3.Aerial Surveying
   8.4.Asset Management
   8.5.GIS Service
   8.6.Ground-Based Surveying
   8.7.Mapping and Modeling
9.LiDAR Market – By Industry Verticals
   9.3.Natural Resources
   9.4.Infrastructure & Utilities
10.LiDAR Market – By Geography
      10.4.3.South Korea
11.Market Entropy
   11.1.New Product Launches
   11.2.M&As, Collaborations, JVs and Partnerships
12.Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
   12.2.Faro Technologies Inc. 
   12.3.Leica Geosystems AG
   12.5.Quanergy Systems, Inc. 
   12.6.Riegl Laser Measurement Systems GmbH
   12.7.Teledyne Technologies Inc.
   12.8.Trimble Navigation Limited
   12.9.Velodyne LiDAR, Inc.
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
   13.3.Research Methodology
   13.5.Compilation of Expert Insights
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