LiDAR Market Growth, Industry Trends To 2020 by Grand View Research, Inc.

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LiDAR Market Analysis, Market Size, Analysis 2014
To 2020

• Grand View Research has announced the addition of
  "Global LiDAR Market Analysis And Segment
  Forecasts To 2020" Market Research report to
  their Database

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• Growing demand for 3D imagery across several
  applications including civil engineering,
  military defense, topographical surveys, and
  corridor mapping is expected to significantly
  drive the LiDAR market over the forecast period.
  A projected reduction in LiDAR prices is expected
  to play a pivotal role in market growth over the
  next six years. LiDAR has proved as a preferred
  substitute to photogrammetry owing to its
  inherent characteristics such as improved
  automated processing ability and high accuracy.
• 3D airborne imaging, hyperspectral imaging, and
  multisensor intelligence networks have been
  catalysts for the shift towards the systems.
  Increased emphasis on homeland security and
  growing environmental concerns are expected to
  fuel market growth over the forecast
  period.Growing need for critical mapping data and
  3D imagery in government and defense sectors is
  expected to drive the market. Environmental
  applications such as fisheries monitoring,
  near-surface soil content, vegetation health, and
  wetlands remediation are expected to open up new
  market opportunities. Technological advancements
  in GPS and inertial navigation systems coupled
  with automation in LiDAR systems processing
  steps are expected to be a propellant force for
  market growth. Effective data use in new
  application areas such as coastal erosion,
  minefield mapping, and roadway corridor planning
  is expected to favorably impact LiDAR market.
• For More Information on "LiDAR Market Research
  Reports" visit - http//www.grandviewresearch.com/
  industry-analysis/lidar-light-detection-and-rangin
  g-market

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• North America and Europe are expected to emerge
  as key regional markets due to growing
  environmental concerns and high penetration of
  LiDAR devices across several applications such as
  military and transportation. Asia Pacific is
  expected to witness high growth on account of
  increased defense spending. Leading players in
  the LiDAR market have focused on new component
  development initiatives and establishment of wide
  distribution networks.

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• About Grand View ResearchGrand View Research,
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