LiDAR Market Size

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Your Catalyst To a Lucrative Business LiDAR
Market Share, Size, Analysis, Growth, Trends and
Forecasts to 2024 Hexa Research
"The global LiDAR market was valued at
approximately USD 260 million and it is projected
to grow at an approximate CAGR of over 12 over
the forecast period of 2016 to 2024."
Global LiDAR Market was worth USD 260 million in
2015. It is estimated to grow at a CAGR of 12
from 2016 to 2024 (forecast period). Rising
demand for 3D imaging technology in a variety of
applications is an important market driver. The
adoption of aerial systems for detection and
exploration of historic details is
increasing. Vendors are in the process of
introducing several novel products in this space.
These factors are propelling market
growth. However, LiDAR systems components like
laser scanner, navigation systems,
high-resolution 3D cameras, etc. are expensive.
This coupled with poor consumer awareness may
hamper its future prospects. The market is
segmented as per applications, products,
components, and regions. Applications are divided
into civil engineering, government,
topographical surveys, corridor mapping, and
military defense. Civil engineering, which
includes areas like power line deployments and
flooded mapping, would grow at a CAGR of 17
over the forecast period. Topological surveys,
and military defense are projected to grow at a
steady rate till 2024. Government applications
could increase owing to technological
developments in forestry management, railways,
roadways, etc. Request a Sample Copy of the
LiDAR Market Report Products comprise short
range, airborne, mobile, and terrestrial.
Terrestrial products held over 30 of the total
revenues in 2015. Their advantages include remote
acquisition and measurement, and high point
density data.
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Your Catalyst To a Lucrative Business Mobile
systems are foreseen to grow at a CAGR of over
24 in the next eight years. This attributes to
surging demand for accurate, high-resolution 3D
geospatial data. Components include laser
scanners, GPS (Global Positioning System), data
storage management, navigation/IMU (Inertial
Measurement Unit), and others. Others consist
of MEMS (Micro-Electro-Mechanical Systems)
mirror and cameras. IMU is expected to grow at a
23 CAGR through the forecast period. North
America, Europe, Asia Pacific, Latin America, and
MEA (the Middle East Africa) constitute the
regional segments of the LiDAR market. North
America is poised to dominate by 2024. It could
account for over 39 of the market revenues that
year. This is credited to widespread adoption of
advanced 3D imaging technologies by the U.S.
government. Asia Pacific should grow owing to
escalating spending on military defense. Key
players in the global market include Aerometric
Quantum Spatial, Airborne Hydrography AB, Reigl
Laser Measurement System GmBH, Michael Baker
International, Lecia Geosystems AG. They focus on
collaborations, acquisitions, and product
launches to gain market share. Browse Related
Category Market Reports _at_ https//www.hexaresearch
.com/research-report/lidar-market
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• Your Catalyst To a Lucrative Business
• Table of Content of LiDAR Market
• Chapter 1 Methodology and Scope
• Research Methodology
• Initial data exploration
• Statistical modeling and forecast
• Industry insights and validation
• List of Data Sources
• Chapter 2 Executive Summary
• LiDAR industry 3600 synopsis, 2016 - 2024
• Business trends
• Application trends
• Regional trends
• Chapter 3 LiDAR Industry Insights
• Industry segmentation
• Industry size, forecast and growth prospects,
  2016 - 2024

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• Your Catalyst To a Lucrative Business
• Topographical surveys
• Market estimates and forecasts, 2016 - 2024
• Market estimates and forecasts by region, 2016 -
  2024
• Chapter 5 LiDAR Product Insights
• 5.1 LiDAR market share by product, 2016 2024
• Airborne
• Market estimates and forecasts, 2016 - 2024
• Market estimates and forecasts by region, 2016 -
  2024
• Mobile
• Market estimates and forecasts, 2016 - 2024
• Market estimates and forecasts by region, 2016 -
  2024
• Short range
• Market estimates and forecasts, 2016 - 2024
• Market estimates and forecasts by region, 2016 -
  2024
• Terrestrial
• Market estimates and forecasts, 2016 - 2024
• Market estimates and forecasts by region, 2016 -
  2024

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• Your Catalyst To a Lucrative Business
• 7.2.4.3 Market estimates and forecasts by
  application, 2016 - 2024
• Canada
• Market estimates and forecasts by product, 2016 -
  2024
• Market estimates and forecasts by component, 2016
  - 2024
• Market estimates and forecasts by application,
  2016 - 2024
• Europe
• Market estimates and forecasts by product, 2016 -
  2024
• Market estimates and forecasts by component, 2016
  - 2024
• Market estimates and forecasts by application,
  2016 - 2024
• Germany
• Market estimates and forecasts by product, 2016 -
  2024
• Market estimates and forecasts by component, 2016
  - 2024
• Market estimates and forecasts by application,
  2016 - 2024
• UK
• Market estimates and forecasts by product, 2016 -
  2024
• Market estimates and forecasts by component, 2016
  - 2024
• Market estimates and forecasts by application,
  2016 - 2024
• Asia Pacific

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• Your Catalyst To a Lucrative Business
• Market estimates and forecasts by product, 2016 -
  2024
• Market estimates and forecasts by component, 2016
  - 2024
• Market estimates and forecasts by application,
  2016 - 2024
• Chapter 8 Competitor Profiles
• 3D Laser Mapping
• Aerometric Inc.
• Airborne Hydrography AB
• Airborne Imaging Inc.
• Avent LiDAR Technology
• Faro Technologies
• Firmatek
• Intermap Technologies Corp.
• Leica Geosystems Holdings AG
• Mosaic 3D
• Optech Incorporated
• Pix4D
• Riegl

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