The Global Demand for LiDAR Market, in terms of revenue, was worth USD 1.34 Billion in 2021 and is expected to reach USD 5.63 billion in 2028, growing at a CAGR of 13.7% from 2022 to 2028.
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.
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.
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.
2022 - 2028
2022 - 2028
|Market Size in 2021:||
USD 1.34 Billion
|Base year considered||
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 5.63 Billion|
|Tables, Charts & Figures:||175|
Teledyne Optech, Leica Geosystems, Reigl Laser Measurement Systems, Trimble, Faro Technologies, Quantum Spatial, Velodyne LiDAR, Beijing Surestar Technology Geokno, Sick AG
By product Type, By end users/applications
North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
Global LiDAR Market Size 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.
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