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Asia Pacific Light Detection and Ranging System Market Growth, Size Trends and Forecasts 2016-2022

Aerial/airborne LiDAR systems have a significant share in the Asia-Pacific LiDAR market due to their demand in defense and civil infrastructure applications.
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Asia Pacific Light Detection and Ranging System Market Share, Size,
Emerging Trends and Growth, Global Insights, Analysis and
Forecasts 2016-2022
A new report published by Allied Market Research, titled, Asia-Pacific LiDAR Market, states that the AsiaPacific Light Detection and Ranging (LiDAR) market is expected to generate revenue of $205.6 million by
2022, growing at a CAGR of 25% from 2016 to 2022. China is the leading LiDAR systems market in AsiaPacific, followed by Japan. Factors such as increase in use of drones in various applications such as
agriculture, cartography and corridor mapping, technological superiority of LiDAR systems over other
conventional technologies, and rising demand for 3D imaging has increased the demand for mapping
systems equipped with LiDAR.
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Aerial/airborne LiDAR systems have a significant share in the Asia-Pacific LiDAR market due to their
demand in defense and civil infrastructure applications. Among the other systems, which include
terrestrial LiDAR, Mobile LiDAR and short range LiDAR; mobile systems are expected to witness the
highest growth during the forecast period.
Laser component is the largest revenue contributor that accounts for over 36% of the overall revenue,
throughout the forecast period. Lasers are projected to dominate the components segment of the AsiaPacific LiDAR market due to emerging applications in meteorology and autonomous vehicles, which
would drive use of lasers. Camera is anticipated to be one of the most lucrative segments, in terms of
growth, with an anticipated CAGR of 33.0% from 2016 to 2022, owing to developing 3D imaging
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Corridor mapping is projected to dominate applications segment accounting for around 48% share in
2015, because of an increase in the demand for various applications including urban modelling, flood
mapping, and forestry and other applications. However, the seismology segment is expected to register
a significant growth, with an anticipated CAGR of 34.9%.
The civil engineering end user segment portrays the highest revenue contribution owing to the
awareness about the ease of data collection and processing through LiDAR systems. However, the
transportation sector is projected to depict the fastest growth during the forecast period.
China exhibits the highest adoption of LiDAR technology in the Asia-Pacific LiDAR market. However, India
is projected to offer lucrative opportunities to the market players, as this technology is expected to be
adopted rapidly in infrastructure development activities. India is anticipated to grow with a promising
CAGR of 28.5% during the forecast period.
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Key findings of the study:
Aerial LiDAR is expected to exhibit significant growth due to the increased use of drones, during the
forecast period.
Laser component is expected to maintain the leading position throughout the study period.
Industry participants aim to introduce new innovative products to improve their market share.
The Asia-Pacific LiDAR market comprises dominant players such Airborne Hydrography, Faro
Technologies, Leica Geosystems, and others. These companies have adopted strategies, such as product
launch, research & development, acquisition, cooperation, and joint venture, to increase their market
Light detection and ranging (LiDAR) systems enable easier examination, detection, and mapping of
objects in comparison to the conventional techniques. These systems are increasingly employed over
conventional survey methods as they provide accurate data and 3D images at a faster rate. LiDAR
systems have replaced conventional surveying methods and statistical analysis due to the in-depth
analysis requirement in different application areas. The widespread awareness about the advantages of
LiDAR in different industry verticals is a major factor that drives the Asia-Pacific LiDAR market. Countries,
such as China, Japan and South Korea amongst others, are using LiDAR technology in civil engineering
and forestry applications. Furthermore, Government initiatives have a positive impact on the adoption
of the LiDAR technology in different application areas. This further supplements the growth and creates
opportunities for the players to enhance their market reach.
Strategies such as product launch, acquisitions, joint ventures, and partnerships are expected to help
the market players set a common technology platform and share the technological requirements, which
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in turn, would enhance their product portfolio and increase their market share across Asia-Pacific. Cost
cutting in operations is expected to assist the manufacturers to invest into advertisement and increase
awareness about LiDAR systems across diverse industry verticals. In addition, increased use of LiDAR
systems across various industries supported by favorable government initiatives, is expected to fuel the
growth of the Asia-Pacific LiDAR market. For instance, in February 2015, the Indian road ministry
announced the mandatory use of LiDAR system to conduct a feasibility check for all the highway projects
in India.
The Asia-Pacific LiDAR market is segmented based on the type, component, application, end user, and
country. Static or terrestrial, aerial, mobile, and short range are the various types of LiDAR systems. The
components of LiDAR systems include laser scanner, inertial navigation system, camera, GPS/GNSS
receiver, and microelectromechanical system. Based on application, the market is segmented into
corridor mapping, seismology, exploration & detection, and others. The end user segment includes
industries such as defense & aerospace, civil engineering, archaeology, forestry & agriculture, mining
industry, and transportation. Geographically, the market is divided into China, Japan, India, South Korea,
and rest of Asia-Pacific.
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Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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