LiDAR Market Overview
A strategic analysis that clarifies important details like leading players, market size, share, important drivers, opportunities, challenges, competitive landscape, market attractiveness analysis, new product launches, technological advancements, and growth contributors is provided in the most recent market report on LiDAR, MMR. This extensive report is a useful tool for conducting a thorough analysis of the LiDAR market.
Market Value :
Global LiDAR Market was worth US$ 1.59 Bn. in 2022 and total revenue is expected to grow at a rate of 20.7 % CAGR from 2022 to 2029, the LiDAR Market is reaching almost US$ 5.95 Bn. in 2029.
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LiDAR Market Report Scope and Research Methodology
The LiDAR market research study uses a thorough methodology and draws from numerous trustworthy secondary sources. These resources include reputable websites, directories, well-known databases, white papers, expert-authored articles, accredited publications, and company annual reports. The report's extensive use of secondary sources yields important and significant information that allows for a technical, market-oriented, and commercial analysis of the global LiDAR market.
LiDAR Market Regional Insights
The markets for LiDARs in North America, South America, Europe, Asia Pacific, and the Middle East and Africa comprise the global market. More than half of the world's demand for LiDARs is met by the largest LiDAR market, North America, which is home to some of the top exporters and manufacturers worldwide.
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LiDAR Market Segmentation:
The market is divided into two sub-sectors based on installation: airborne and ground-based. As more aerial mapping equipment is adopted, the airborne segment is anticipated to hold the largest share of the market, which is projected to grow at a CAGR of **% during the forecast years.
by Component
GPS
Navigation (IMU)
Laser Scanners
Mobile & UAV
The market is divided into four sub-sectors based on component: GPS, Navigation (IMU), Laser Scanners, and Mobile & UAV. Using laser scanners, an intensity value is recorded to produce a return signal strength that can help distinguish between objects with various reflectivities.
by Type
Mechanical LiDAR
Solid-State LiDAR
The market is divided into Corridor Mapping, ADAS & Driverless Car, Engineering, and Others segments based on application. It is anticipated that while the corridor mapping application will grow somewhat, its overall market share will decline.
by Installation
Airborne
Ground-Based
LiDAR Market Key Players:
1. Leica Geosystems Holdings AG
2. Teledyne Optech Inc.
3. Quantum Spatial, Inc.
4. Faro Technologies, Inc.
5. Velodyne LiDAR, Inc.
6. Sick AG
7. Geokno
8. Trimble, Inc.
9. RIEGL USA
10.YellowScan
11.Beijing Surestar Technology
12.Optech Inc.
13.Geodigital
14.Topcon Positioning Systems Inc.
15.Denso
16.Trimble, Inc. (US)
17.HEXAGON,
18.SICK AG
19.Trimble Inc.
20.Phoenix LiDAR Systems
21.LeddarTech Inc.
22.Quanergy Systems, Inc.
23.Innoviz Technologies Ltd.
24.ZX Lidars
25.Vaisala
26.Waymo LLC
27.Valeo
28.Lumibird Canada
29.Ouster, Inc.
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Table of Content: LiDAR Market
Part 01: Executive Summary
Part 02: Scope of the LiDAR Market Report
Part 03: Global LiDAR Market Landscape
Part 04: Global LiDAR Market Sizing
Part 05: Global LiDAR Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key questions answered in LiDAR Market are:
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