Transparency Market Research Global LiDAR Market to Surpass US$605 Mn by 2020 Fueled by Increased Demand from Coastal Applications Single User License: USD 4315.5 Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Request Brochure Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Customization REPORT DESCRIPTION Light Detection and Ranging (LiDAR) is an optical remote sensing technology that use laser light to examine surface on the earth to find variable distances on the earth. LiDAR is comparable to radar in certain aspects. However, LiDAR uses waves of shorter wavelengths unlike radar, which uses radio waves for measuring targets. The LiDAR technology uses waves typically in the visible, ultraviolet and infrared range. This technology enables direct measurement of 3D structures and underlying terrain with high resolution and high data accuracy. The capability of LiDAR equipments to achieve high resolution makes them superior to other traditional optical instruments used for measuring heights. Browse the Full Global Market Information of LiDAR @ http://www.transparencymarketresearch.com/lidar-market.html The historical value of the global LiDAR market, taken in the base year 2013, was US$225 million. The market is expected to ride the rising wave of acceptance of LiDAR technology to expand to US$605.5 million by 2020. If said figures hold true, the market will achieve a CAGR in excess of 15% from 2014 to 2020. The global LiDAR market is primarily driven by the host of comparative advantages over conventional mapping technologies, growing demand for 3D imagery in commercial, consumer, and government applications, and the development of unmanned aerial vehicles. However, gaps in software development and lack of standardization of data formats threaten to impede the LiDAR market. LiDAR systems offer significant cost and time saving capabilities, which have increased their adoption across many application areas. LiDAR systems have become more preferable over traditional mapping and surveying methods. The technology of photogrammetry has been replaced with LiDAR systems due to factors such as higher accuracy and light independency of LiDAR systems. Key applications of LiDAR systems are observed in coastal, forestry, infrastructure, aerospace, defense, flood mapping, mining, and transportation sectors. Of these areas, coastal applications currently account for the highest share of demand observed for LiDAR systems across the globe. LiDAR systems are mostly used in coastal applications for disaster control and management in risky coastal lines. The power sector is a relatively new application area of LiDAR where these systems are used for setting up or laying out transmission lines. The adoption of LiDAR is also increasing in application sectors such as transportation, defense, aerospace, and infrastructure. Sample Research Report of LiDAR Market is available @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2345 On a geographic front, the LiDAR market observes the highest share of demand from the North American regional market. LiDAR systems have observed rapid adoption in these regions owing to the high investments in R&D activities and high penetration in the military and defense field due to government sanctions. Some of the key vendors operating in the global LiDAR systems market include Aerometric Inc., DigitalWorld Mapping Inc., Avent Lidar Technology, Firmatek 3D Mapping Solutions LLC, 3D Laser Mapping Ltd., Airborne Hydrography AB, Leica Geosystems AG, FARO Technology, Inc., Intermap Technologies Corp., Mosaic 3D, RIEGL Laser Measurement Systems GmbH, and Optech Incorporated. Customize the Report according to the need @ http://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2345 About TMR Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact TMR Mr.Sudip S 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/
Light Detection and Ranging (LiDAR) is a remote sensing technology that measures scattered light (laser) to find information and range of a distant target. LiDAR is comparable to radar in certain aspects. The growing demand for 3D imagery in various end use sectors such as construction, power transmission, transportation and defense and aerospace is the major factor driving the LiDAR market globally.
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