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(I-SoftwareNews.Com, November 14, 2017 ) Market Overview
Introduction of Light Detection and Ranging (LiDAR) systems have made the examination, detection and mapping of objects easier than conventional methods. Use of laser light provides accurate and precise data points in short time. LiDAR systems are used over conventional surveying methods due to their ability to provide highly accurate data and 3D scanning of images in a shorter time. The improved automated processing ability of LiDAR systems in terms of image resolutions and data processing capabilities over other technologies are the major factors that are presently driving the growth of the global market.
Other factors that are supplementing the growth of LiDAR market as a whole are rising demand of 3D imaging technology across various application areas, and the increasing adoption of aerial LiDAR systems to explore and detect places, historic details, etc. On the other hand, less awareness about the benefits of LiDAR systems and the use of expensive components in LiDAR systems viz., laser scanners, navigation system, high-resolution 3D cameras, etc. collectively increases the cost of LiDAR systems. These factors are causing less adoption of LiDAR technology and restricting the growth of the market.
Global LiDAR Market Scenario
LiDAR market for laser scanners is expected to grow at the highest rate between 2017 and 2022
The laser scanner is a major component contributing to the growth of this market. The market for laser scanners is increasing at good pace owing to the technological advancement in laser technology. Moreover, the market for laser scanners is also growing due to a rising demand for ground-based LiDAR.
Market for solid-state LiDAR is expected to grow at the highest rate between 2017 and 2022
The market for solid-state LiDAR is expected to exhibit the highest growth rate during the forecast period. Solid-state LiDAR systems use laser scanners to generate a 3D image of the environment, and this 3D image is processed automatically to perform monitoring, warning, braking, and steering tasks. The growth in the market for solid-state LiDAR can be attributed the advancement in the automotive industry, especially aimed at the driverless cars and advanced driver assistance systems (ADAS) application. Solid-state LiDAR can be used in various automotive applications such as in ADAS, autonomous cars, and so on. The inclination toward self-driven cars and few mandates for ADAS application is
promoting the growth of the market.
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Study Objectives of LiDAR Market
- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global LiDAR Market
- To provide insights about factors affecting the market growth
- To Analyze the LiDAR Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global LiDAR Market
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LiDAR Market Key Players –
Global LiDAR market competition by top manufacturers/players, with LiDAR sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including
• Faro Technologies
• Renishaw
• Saab
• Intermap Technologies
• Leica Geosystems
• Riegl
• Trimble Navigation
• Aerometric
• 3D Laser Mapping
LiDAR Market report contains all study material about overview, growth, demand and forecast research report in all over the world. This report offers some penetrating overview and solution in the complex world LiDAR Market in global market.
LiDAR Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
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Market Segments
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Short Range
• Mobile
• Terrestrial
• Airborne
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of LiDAR for each application, including
• Corridor Mapping
• Civil Engineering
• Military & Defense
• Government
• Topographical Surveys
Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of LiDAR for these regions, from 2012 to 2022 (forecast), covering
• United States
• China
• Europe
• Japan
• Korea
• Taiwan
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Ashish M
+1 (323) 744 6588
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Source: EmailWire.Com 
Source: EmailWire.com
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