LiDAR Market Overview
A new market intelligence report published by Maximize Market Research indicates that the LiDAR market is expected to grow significantly in the forecast period, from 2023 to 2029. The report identifies the key drivers, restraints, challenges, and opportunities in the market, as well as the major players and their business strategies.
The report also provides a detailed analysis of the LiDAR market, including market size, segmentation, trends, and competitive landscape. The report is intended to help businesses gain a better understanding of the LiDAR market and make informed decisions about their business strategies.
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LiDAR Market Segmentation
The LiDAR market is divided into four sub-segments based on component: GPS, Navigation (IMU), Laser Scanners, and Mobile & UAV. Using laser scanners, an intensity value is recorded to provide a return signal strength that can help distinguish between objects with various reflectivities. A 2D point cloud created by a laser scanner using LiDAR data may be utilized for modeling, mapping, and localization of surroundings and objects. The market for laser scanners is predicted to increase dramatically throughout the projected period, with a CAGR of 15.2%. Lower costs for laser technology should make it possible for 3D scanning to find new uses, which might lead to a large increase in the LiDAR market over the course of the forecast period.
by Component
GPS
Navigation (IMU)
Laser Scanners
Mobile & UAV
by Type
Mechanical LiDAR
Solid-State LiDAR
by Installation
Airborne
Ground-Based
by End-User
Defense and Aerospace
Civil Engineering
Archaeology
Forestry and Agriculture
Mining Industry
Transportation
LiDAR Market Key Players
LiDAR Manufacturers in North America
1. Leica Geosystems Holdings AG (Switzerland)
2. Teledyne Optech Inc. (Canada)
3. Quantum Spatial, Inc. (United States)
4. Faro Technologies, Inc. (United States)
5. Velodyne LiDAR, Inc. (United States)
6. Trimble, Inc. (United States)
7. RIEGL USA (United States)
8. Optech Inc. (Canada)
9. Geodigital (Canada)
10. Topcon Positioning Systems Inc. (United States)
11. Waymo LLC (United States)
12. Lumibird Canada (Canada)
13. Ouster, Inc. (United States)
14. LeddarTech Inc. (Canada)
15. Trimble, Inc. (US)
LiDAR Market Report Scope and Research Methodology
The report provides a comprehensive analysis of the LiDAR market, including trends, future strategies of key players, and competitive landscape. It includes a strategic profiling of major LiDAR market players to accurately depict the competitive scenario. The report also provides a detailed analysis of new product launches, acquisitions, mergers, and joint ventures, market competitive research, key players, and brands in the LiDAR industry. The bottom-up approach was used to estimate the global and regional LiDAR market size. The report also provides information on recent developments and helps LiDAR industry experts stay up-to-date on the latest trends and sector performance, predicting the growth in market share during the forecast period.
The major goal of the research is to provide a thorough analysis of the LiDAR market, including insightful perspectives, details, and data that has been verified by the industry. The PESTLE analysis provides a detailed analysis of the LiDAR market forecast from different perspectives, while the SWOT analysis provides the strengths and weaknesses of the market and key players in the LiDAR industry.
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LiDAR Market Regional Insights
The report includes a region-wise detailed analysis of the LiDAR market including market dynamics, regional market structure and key players in each region. The regions are North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa.
Key Questions answered in the LiDAR Market Report are:
- What is LiDAR?
- What are the LiDAR market segments?
- How the major segments of the global LiDAR market are expected to develop during the forecast period?
- Who are the top suppliers and producers in the LiDAR industry?
- What is the expected LiDAR market size by the end of the forecast period?
- Which region is held the largest LiDAR market share in 2022?
- Who are the prominent players in the LiDAR industry?
- Which LiDAR market segment is expected to grow at a high rate during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2022)
- Past Pricing and price curve by region (2017 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Application, Technology, Type, End-User and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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