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Light Detection and Ranging (LiDAR) Market Is Expected to Grasp the Value of USD 8.51 Billion with Growing CAGR of 25.30% by 2029, Size, Shares, Trends, Growth and Revenue Outlook

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Data Bridge Market Research

20 Sep, 2022, 07:30 GMT

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CHICAGO, Sept. 20, 2022 /PRNewswire/ -- Data Bridge Market Research has just released their extensive report on the "Global Light Detection and Ranging (LiDAR) Market" which details the industry's past, present, and future in terms of both products and marketing. They also detail current and projected market trends, sales and distribution channels, and technological and economic developments. Detailed information, including projections for the future and extensive analysis of the Light Detection and Ranging (LiDAR) market at both the global and regional levels, have been compiled in a comprehensive report. This Light Detection and Ranging (LiDAR) study evaluates market drivers, market restraints, and competition tactics in order to provide forecasts for the CAGR value over a given forecast period. This Light Detection and Ranging (LiDAR) report is useful to companies because it includes projections of compound annual growth rates (CAGRs), which they can use to assess the long-term profitability of their investments.

Global Light Detection and Ranging (LiDAR) Market was valued at USD 1.40 billion in 2021 and is expected to reach USD 8.51 billion by 2029, registering a CAGR of 25.30% during the forecast period of 2022-2029. Laser Scanners accounts for the largest component segment in the respective market owing to the increase in the aerial scanning and mapping operations. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Download Exclusive Sample Report PDF (with All Related Graphs & Charts) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-lidar-market

Market Insights:-

LiDAR is a kind of light detection and ranging or laser imaging detection and ranging. LiDAR technology is remote sensing in which light is used in the form of laser to appraise variable distances to the earth. LiDAR is considered as a combination of 3D scanning and laser scanning, therefore it is also known as 3D laser scanning.

Laser Scanners accounts for the largest component segment in the respective market owing to the increase in the aerial scanning and mapping operations. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Recent Developments

  • Leica Geosystems AG unveiled Leica RTC360 3D laser scanner in February'2021. These scanners require minimal monitoring by the user, and aim at providing increased productivity, flexibility, and scanning efficiency when planning reality capture tasks.

Some of the major players operating in the light detection and ranging (LiDAR) market are

  • Trimble Inc. (US)
  • Leica Geosystems AG (Switzerland)
  • Teledyne Optech (Canada)
  • FARO (US)
  • SICK AG (Germany)
  • NV5 Global, Inc. (US)
  • SureStar (China)
  • Velodyne Lidar, Inc. (US)
  • YELLOWSCAN (France)
  • GeoKno (India)
  • Phoenix LiDAR Systems (US)
  • LeddarTech Inc. (Canada)
  • Quanergy Systems, Inc. (US)
  • Innoviz Technologies Ltd. (Israel)
  • ZX Lidars (UK)
  • Vaisala (Finland)
  • Waymo LLC (US)
  • Valeo (US)
  • Ouster, Inc. (US)

Get Detailed 350 Pages Report to Understand More at https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-lidar-market

Opportunities

Furthermore, increase in the adoption of solid-state, MEMS, flash LiDAR, and other LiDAR technologies extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, Initiatives undertaken by the governments to encourage the use of LiDAR drones for large-scale surveys will further expand the market.

Answers That the Report Acknowledges:

  •  
    • Market size and growth rate during forecast period.
    • Key factors driving the light detection and ranging (LiDAR) Market
    • Key market trends cracking up the growth of the Light detection and ranging (LiDAR) Market
    • Challenges to market growth.
    • Key vendors of "light detection and ranging (LiDAR) Market.
    • Opportunities and threats faces by the existing vendors in Global "light detection and ranging (LiDAR) Market.
    • Trending factors influencing the market in the geographical regions.
    • Strategic initiatives focusing the leading vendors.
    • PEST analysis of the market in the five major regions.

Segmentation Light Detection and Ranging (LiDAR) Market:

The light detection and ranging (LiDAR) market is segmented on the basis of component, technology, type, installation type, range, service, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

  • Laser Scanners
  • Navigation and Positioning Systems
  • Global Positioning System (GPS)
  • Inertial Measurement Unit (IMU)
  • Others
  • Camera
  • High-Precision Clock
  • Other Accessories

Technology

  • 2D LiDAR
  • 3D LiDAR
  • 4D LiDAR

Type

  • Mechanical
  • Solid-State

Installation Type

  • Airborne LiDAR
  • Bathymetric LiDAR
  • Topographic
  • Ground-Based LiDAR
  • Mobile LiDAR
  • Static LiDAR

Range

  • Short
  • Medium
  • Long

Service

  • LiDAR Data Processing
  • Data Acquisition
  • Point Cloud Classification
  • 3D Visualization
  • Aerial Surveying
  • Asset Management
  • GIS Service
  • Ground-Based Surveying
  • Mapping and Modelling
  • Others

Application

  • Corridor Mapping
  • Roadways
  • Railways
  • Others
  • Engineering
  • Environment
  • Forest Management
  • Coastline Management
  • Pollution Modeling
  • Agriculture
  • Wind Farm and Precision Forestry
  • ADAS and Driverless Cars
  • Exploration
  • Oil and Gas
  • Mining
  • Urban Planning
  • Cartography
  • Meteorology

End User

  • Defense and Aerospace
  • Civil Engineering
  • Archaeology
  • Forestry and Agriculture
  • Mining Industry
  • Transportation

Browse Detailed Summary of this Research Report @ https://www.databridgemarketresearch.com/reports/global-lidar-market

Regional Analysis-

The light detection and ranging (LiDAR) market is analyzed and market size insights and trends are provided by country, component, technology, type, installation type, range, service, application and end user.

The countries covered in the light detection and ranging (LiDAR) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the light detection and ranging (LiDAR) market due to the high adoption of administrative regulations and various mandates on the installation of automotive safety technologies in both lightweight and heavyweight vehicles.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the rise in investment by the domestic and overseas players in countries such as China and India in the region.

Key Drivers

  • Rise in Construction Industry

The rise in the use of mid-and high-level precision GPS receiver in the construction industry is one of the major factors driving the growth of light detection and ranging (LiDAR) market. The GPS technology is widely being adopted in large-scale construction projects such as megaprojects for civil construction sites.

  • Availability of Low-Cost Sensors

The availability of various sensors and systems such as laser scanners, and navigation and positioning systems, among others accelerate the market growth. The on-going technological advancements in the semiconductor industry and intense competition among various manufacturers also drive the market growth.

  • Use of Modern Technologies in Agricultural Products

The use of modern technologies such as variable rate technology (VRT), data management software, mapping software, yield mapping software, and GPS in agricultural products further influence the market. These technologies improve land fertility and profitability, maximize productivity, reduce the cost of farming and facilitate sustainable agriculture.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the light detection and ranging (LiDAR) market.

Table of Contents:

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Market Size by Manufacturers

Chapter 4 Production by Regions

Chapter 5 Consumption by Regions

Chapter 6 Market Size by Type

Chapter 7 Market Size by Application

Chapter 8 Manufacturers Profiles

Chapter 9 Production Forecasts

Chapter 10 Consumption Forecast

Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis

Chapter 12 Opportunities & Challenges, Threat and Affecting Factors

Chapter 13 Key Findings

Chapter 14 Appendix

To Check the Complete Table of Contents, Click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-lidar-market

Browse More Reports:-

North America Light Detection and Ranging (LiDAR) Market, By Technology (2D LiDAR, 3D LiDAR, 4D LiDAR), Component (Laser Scanners, Navigation, MEMS, GPS GNSS Receiver, Camera), Type (Mechanical, Solid-state), Product (Aerial, Terrestrial, Mobile, Short Range), Application (Corridor Mapping, Engineering, Environment, ADAS and Driverless Cars, Exploration, Others), End User (Defense, Civil Engineering, Archaelogy, Forestry and Agriculture, Mining, Transportation), Country (U.S., Mexico, Canada) Industry Trends and Forecast https://www.databridgemarketresearch.com/reports/north-america-lidar-market

Asia-Pacific Light Detection and Ranging (LiDAR) Market, By Technology (2D LiDAR, 3D LiDAR, 4D LiDAR), Component (Laser Scanners, Navigation, MEMS, GPS GNSS Receiver, Camera), Type (Mechanical, Solid-state), Product (Aerial, Terrestrial, Mobile, Short Range), Application (Corridor Mapping, Engineering, Environment, ADAS and Driverless Cars, Exploration, Others), End User (Defense, Civil Engineering, Archaelogy, Forestry and Agriculture, Mining, Transportation), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) https://www.databridgemarketresearch.com/reports/asia-pacific-lidar-market

Europe Light Detection and Ranging (LiDAR) Market, By Technology (2D LiDAR, 3D LiDAR, 4D LiDAR), Component (Laser Scanners, Navigation, MEMS, GPS GNSS Receiver, Camera), Type (Mechanical, Solid-state), Product (Aerial, Terrestrial, Mobile, Short Range), Application (Corridor Mapping, Engineering, Environment, ADAS and Driverless Cars, Exploration, Others), End User (Defense, Civil Engineering, Archaelogy, Forestry and Agriculture, Mining, Transportation), Country (Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe) https://www.databridgemarketresearch.com/reports/europe-lidar-market

Fall Detection System Market, By Product Type (Automatic Fall Detection System, Manual Fall Detection System), Algorithm (Simple Threshold, Machine Learning), Component (Accelerometers and Gyroscopes, Unimodal/Bimodal Sensors, Multimodal Sensors), System (Wearable Systems, Non-Wearable Systems, In-Home Landline System, In-Home Cellular Systems), End-User (Home Care Settings, Hospitals and Senior Assisted Living Facilities, Lone Workers, Others) https://www.databridgemarketresearch.com/reports/global-fall-detection-system-market

Wireless Fire Detection Market, By Product Type (Sensors/Detectors, Call Points, Fire Alarm Panels and Modules, Input/output Modules, Others), System Type (Fully Wireless Systems, Hybrid Systems), Installation Type (New Installation, Retrofit Installation), Application (Indoor, Outdoor), Vertical (Industrial, Residential, Commercial, Government, Manufacturing, Others), Countryhttps://www.databridgemarketresearch.com/reports/global-wireless-fire-detection-market

Endpoint Detection and Response Market, By Component (Solutions and Services), Enforcement Point (Workstations, Mobile Devices, Servers and Point of Sale Terminals), Deployment Mode (On-Premises, Managed and Hybrid), Organization Size (Small and Medium Enterprises (SMEs) and Large Enterprises), Vertical (Banking, Financial Services and Insurance (BFSI), IT and Telecom, Government and Public Utilities, Aerospace and Defense, Manufacturing, Healthcare, Retail and Others), Country https://www.databridgemarketresearch.com/reports/global-endpoint-detection-response-market

Leak Detection Market, By Type (Upstream, Midstream and Downstream), Product Type (Handheld Gas Detectors, UAV-Based Detectors, Manned Aircraft Detectors and Vehicle-Based Detectors, Others), Technology (Acoustic / Ultrasound, Fiber Optic, Pressure-Flow Deviation Methods, Extended Real-Time Transient Model (E-RTTM), Thermal Imaging, Mass/Volume Balance, Vapor Sensing, Laser Absorption and Lidar, Hydraulic Leak Detection, Negative Pressure Valves and Others), End User (Oil and Gas, Chemical Plant, Water Treatment Plants, Thermal Power Plant, Mining and Slurry and Others) https://www.databridgemarketresearch.com/reports/global-leak-detection-market

Emotion Detection and Recognition Market By Software Tool (Facial Expression and Emotion Recognition, Gesture and Posture Recognition, Bio-Sensing Software Tools and Apps, Speech and Voice Recognition), Technology (Feature Extraction and 3D Modelling, Bio Sensors Technology, Pattern Recognition, Natural Language Processing, Machine Learning and Others), Service (Storage and Maintenance and Consulting and Integration), Application Area (Medical Emergency and Healthcare, Marketing and Advertising, Law Enforcement, Surveillance and Monitoring, Entertainment and Consumer Electronics, Robotics and E-Learning and Others), End User (Enterprises, Defense and Security Agencies, Commercial, Industrial, Personal Users, Government, Retail, Entertainment, Transportation and Others), Country https://www.databridgemarketresearch.com/reports/global-emotion-detection-recognition-market

Cloud Intrusion Detection System (IDS) Intrusion Prevention System (IPS) Market, By Component (Solution Type, and Services), Organization Size (Small and Medium-Sized Enterprises, and Large Enterprises), Deployment Model (Private Cloud, Public Cloud and Hybrid Cloud), End User (Banking, Financial Services, and Insurance, Government and Defense, IT and Telecom, Healthcare, Education, Retail, Energy and Utilities and Manufacturing), Country https://www.databridgemarketresearch.com/reports/global-cloud-ids-ips-market

Threat Detection Systems Market, By Detection System (Explosive Detection, Radiological and Nuclear Detection, Narcotics Detection and Intrusion Detection), Product (Explosive and Narcotics Detectors, Personal Radiation Detectors (PRD), Dosimeters, Survey Meters, Identifiers, Photo-Ionization Detectors (PID), Air Samplers, Chemical Agent Detectors and Others), Application (Defence, Public Infrastructure, Commercial Places, Industrial, Institutional and Residential (Home Surveillance)), Country https://www.databridgemarketresearch.com/reports/global-threat-detection-systems-market

Hybrid Wireless Fire Detection System Market, By Product (Sensors/Detectors, Call Points, Fire Alarm Panels and Devices, Fire Alarm Panels and Devices, Input/ Output Modules, Others), Installation Type (New Installation, Retrofit Installation), Model Type (Conventional Mode, Addressable Mode, Standalone Mode, Others), Vertical (Residential, Commercial, Government, Manufacturing, Other Verticals), Country https://www.databridgemarketresearch.com/reports/global-hybrid-wireless-fire-detection-system-market

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

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Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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