LiDAR Market By Product Type (Airborne LiDAR Systems and Terrestrial LiDAR Systems), By End-use Application (Defense & Aerospace, Engineering, Corridor Mapping, Environmental (Coastal, Forestry, Flood Mapping), Transmission Lines, and Other End-use Applications)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023

Growing interest in 3-dimensional imagery for navigation, positioning, and monitoring applications across diverse end-use verticals such as defense and aerospace, construction, disaster management, resource extraction, and power is driving the global LiDAR market. The growing demand in diverse end-use verticals has been further aggravated by technological advancements in aerial platforms and imaging technology. In addition, introduction of Unmanned Aerial Vehicle (UAV) systems is expected to have positive impact on the overall market demand. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 13.5% during the forecast period 2016 – 2023.

LiDAR Market 

Report Scope

This report analyzes the global LiDAR market in terms of product type, components, end-use application, and geography. On the basis of product type, the market is segmented into airborne and terrestrial LiDAR systems. Based on components, the global market for LiDAR systems is classified in laser scanners, navigation and position, and other component. Similarly, on the basis of end-use, the global LiDAR market is segmented into defense & aerospace, engineering (urban mapping and planning) corridor mapping, environmental (coastal, forestry, flood mapping), transmission lines, and others (mining, etc.). The geographical distribution of the global LiDAR market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

LiDAR Market

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global LiDAR Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global LiDAR market.

Target Audience

  • Industry Investors
  • LiDAR System Manufacturers
  • Unmanned Aerial Vehicle (UAV) Manufacturers
  • Component Suppliers and Integrators
  • End-users

USP and Key Offerings

The report titled “Global LiDAR Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global LiDAR market along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on product, component, end-use applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading LiDAR system manufacturers and technology providers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:

  • An overview of the global LiDAR market
  • Current and future market trends to justify the forthcoming attractive sub-markets within the global LiDAR market
  • Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and attractive investment proposition.
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the global LiDAR market
  • Market competition scrutiny tools such as market share analysis, fractal map, etc.
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global LiDAR market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above mentioned factors.

On the basis of end-use application, the global Light Detection and Ranging (LiDAR) system market is categorized into following segments:

  • Defense and Aerospace
  • Engineering (Urban mapping and planning)
  • Corridor Mapping
  • Environmental
    • Coastal
    • Forestry
    • Flood Mapping
  • Transmission Lines
  • Others (Mining, etc.)

The contribution of these end-use verticals to the global Light Detection and Ranging (LiDAR) market in 2015 and 2023 is as shown in the figure below

LiDAR Market

As of 2015, corridor mapping was the largest revenue contributing end-use segment in the global LiDAR market. Infrastructural development coupled with the mandates promoting the use of the technology during the construction of highways, railways, and roadways have been instrumental in driving the demand for LiDAR technology in corridor mapping applications. For instance, in India, a mandate necessitates use of LiDAR systems for all highway projects. In addition, LiDAR systems are increasingly being used for disaster control and management applications, especially in the coastal areas and for setting-up of power transmission lines.

On the basis of geography, the global Light Detection and Ranging (LiDAR) system market is segmented into following regions and countries.

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Indian Subcontinent
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global LiDAR market in 2015 is as shown in the figure below. 

LiDAR Market

As of 2015, North America led the overall LiDAR market followed by Europe and Asia Pacific respectively. The region accounted for around 38% of the global LiDAR market revenue and is anticipated to witness robust growth during the forecast period 2016 – 2023. The U.S. represents the largest individual LiDAR market worldwide. The on-going research and expenditure to develop advanced LiDAR systems has been instrumental in pushing the uptake of LiDAR systems in the country, especially among defense and government agencies. Developed regions including North America and Europe are expected to witness comparatively better growth in the first half of the forecast period. On the other hand, Asia Pacific is anticipated to register maximum growth over the forecast period 2016 – 2023. The anticipated growth is expected to be majorly driven by demand from countries including India and China.

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Published Date:  Oct 2016
Category:  Technology & Media
Report ID:   58133
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
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