Your Catalyst To a Lucrative Business LiDAR Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research " The global LiDAR market was valued at approximately USD 260 million and it is projected to grow at an approximate CAGR of over 12% over the forecast period of 2016 to 2024." Global LiDAR Market was worth USD 260 million in 2015. It is estimated to grow at a CAGR of 12% from 2016 to 2024 (forecast period). Rising demand for 3D imaging technology in a variety of applications is an important market driver. The adoption of aerial systems for detection and exploration of historic details is increasing. Vendors are in the process of introducing several novel products in this space. These factors are propelling market growth. However, LiDAR system’s components like laser scanner, navigation systems, hig h-resolution 3D cameras, etc. are expensive. This coupled with poor consumer awareness may hamper its future prospects. The market is segmented as per applications, products, components, and regions. Applications are divided into civil engineering, government, topographical surveys, corridor mapping, and military & defense. Civil engineering, which includes areas like power line deployments and flooded mapping, would grow at a CAGR of 17% over the forecast period. Topological surveys, and military & defense are projected to grow at a steady rate till 2024. Government applications could increase owing to technological developments in forestry management, railways, roadways, etc. Browse Details of Report @ https://www.hexaresearch.com/research-report/lidar-market Follow Us: Your Catalyst To a Lucrative Business Products comprise short range, airborne, mobile, and terrestrial. Terrestrial products held over 30% of the total revenues in 2015. Their advantages include remote acquisition and measurement, and high point density data. Mobile systems are foreseen to grow at a CAGR of over 24% in the next eight years. This attributes to surging demand for accurate, high-resolution 3D geospatial data. Components include laser scanners, GPS (Global Positioning System), data storage & management, navigation/IMU (Inertial Measurement Unit), and others. ‘Others’ consist of MEMS (Micro -Electro-Mechanical Systems) mirror and cameras. IMU is expected to grow at a 23% CAGR through the forecast period. North America, Europe, Asia Pacific, Latin America, and MEA (the Middle East & Africa) constitute the regional segments of the LiDAR market. North America is poised to dominate by 2024. It could account for over 39% of the market revenues that year. This is credited to widespread adoption of advanced 3D imaging technologies by the U.S. government. Asia Pacific should grow owing to escalating spending on military & defense. Key players in the global market include Aerometric Quantum Spatial, Airborne Hydrography AB, Reigl Laser Measurement System GmBH, Michael Baker International, Lecia Geosystems AG. They focus on collaborations, acquisitions, and product launches to gain market share. Browse Related Category Market Reports @ https://www.hexaresearch.com/researchcategory/communications-infrastructure-industry Follow Us: Your Catalyst To a Lucrative Business Table of Content of LiDAR Market Chapter 1 Methodology and Scope 1.1 Research Methodology 1.1.1 Initial data exploration 1.1.2 Statistical modeling and forecast 1.1.3 Industry insights and validation 1.2 List of Data Sources Chapter 2 Executive Summary 2.1 LiDAR industry 3600 synopsis, 2016 - 2024 2.1.1 Business trends 2.1.2 Application trends 2.1.3 Regional trends Chapter 3 LiDAR Industry Insights 3.1 Industry segmentation 3.2 Industry size, forecast and growth prospects, 2016 - 2024 3.3 Industry ecosystem analysis 3.3.1 Vendor landscape 3.4 LiDAR industry dynamics 3.4.1 Growth drivers 3.4.1.1 High demand in environmental applications 3.4.1.2 3D imagery demand 3.4.2 Industry pitfalls & challenges 3.4.2.1 Low degree of awareness 3.5 Key market growth opportunities 3.6 Porter’s analysis 3.7 Competitive landscape, 2016 3.7.1 Company strategy overview 3.8 PESTEL analysis Chapter 4 LiDAR Application Insights 4.1 LiDAR market share by application, 2016 & 2024 4.2. Civil engineering 4.2.1. Market estimates and forecasts, 2016 - 2024 4.2.2. Market estimates and forecasts by region, 2016 - 2024 4.3. Corridor mapping 4.3.1. Market estimates and forecasts, 2016 - 2024 4.3.2. Market estimates and forecasts by region, 2016 - 2024 4.4. Government 4.4.1. Market estimates and forecasts, 2016 - 2024 4.4.2. Market estimates and forecasts by region, 2016 - 2024 4.5. Military & defense 4.5.1. Market estimates and forecasts, 2016 - 2024 4.5.2. Market estimates and forecasts by region, 2016 - 2024 Follow Us: Your Catalyst To a Lucrative Business 4.6. Topographical surveys 4.6.1. Market estimates and forecasts, 2016 - 2024 4.6.2. Market estimates and forecasts by region, 2016 - 2024 Chapter 5 LiDAR Product Insights 5.1 LiDAR market share by product, 2016 & 2024 5.2. Airborne 5.2.1. Market estimates and forecasts, 2016 - 2024 5.2.2. Market estimates and forecasts by region, 2016 5.3. Mobile 5.3.1. Market estimates and forecasts, 2016 - 2024 5.3.2. Market estimates and forecasts by region, 2016 5.4. Short range 5.4.1. Market estimates and forecasts, 2016 - 2024 5.4.2. Market estimates and forecasts by region, 2016 5.5. Terrestrial 5.5.1. Market estimates and forecasts, 2016 - 2024 5.5.2. Market estimates and forecasts by region, 2016 - 2024 - 2024 - 2024 - 2024 Chapter 6 LiDAR Component Insights 6.1 LiDAR market share by component, 2016 & 2024 6.2. GPS 6.2.1. Market estimates and forecasts, 2016 - 2024 6.2.2. Market estimates and forecasts by region, 2016 - 2024 6.3. Navigation/IMU 6.3.1. Market estimates and forecasts, 2016 - 2024 6.3.2. Market estimates and forecasts by region, 2016 - 2024 6.4. Data storage & management 6.4.1. Market estimates and forecasts, 2016 - 2024 6.4.2. Market estimates and forecasts by region, 2016 - 2024 6.5. Laser scanners 6.5.1. Market estimates and forecasts, 2016 - 2024 6.5.2. Market estimates and forecasts by region, 2016 - 2024 6.6. Others 6.6.1. Market estimates and forecasts, 2016 - 2024 6.6.2. Market estimates and forecasts by region, 2016 - 2024 Chapter 7 LiDAR Regional Insights 7.1. LiDAR market share by region, 2016 & 2024 7.2. North America 7.2.1. Market estimates and forecasts by product, 2016 - 2024 7.2.2. Market estimates and forecasts by component, 2016 - 2024 7.2.3. Market estimates and forecasts by application, 2016 - 2024 7.2.4. U.S. 7.2.4.1 Market estimates and forecasts by product, 2016 - 2024 7.2.4.2 Market estimates and forecasts by component, 2016 - 2024 Follow Us: Your Catalyst To a Lucrative Business 7.2.4.3 Market estimates and forecasts by application, 2016 - 2024 7.2.5. Canada 7.2.5.1 Market estimates and forecasts by product, 2016 - 2024 7.2.5.2 Market estimates and forecasts by component, 2016 - 2024 7.2.5.3 Market estimates and forecasts by application, 2016 - 2024 7.3. Europe 7.3.1. Market estimates and forecasts by product, 2016 - 2024 7.3.2. Market estimates and forecasts by component, 2016 - 2024 7.3.3. Market estimates and forecasts by application, 2016 - 2024 7.3.4. Germany 7.3.4.1 Market estimates and forecasts by product, 2016 - 2024 7.3.4.2 Market estimates and forecasts by component, 2016 - 2024 7.3.4.3 Market estimates and forecasts by application, 2016 - 2024 7.3.5. UK 7.3.5.1 Market estimates and forecasts by product, 2016 - 2024 7.3.5.2 Market estimates and forecasts by component, 2016 - 2024 7.3.5.3 Market estimates and forecasts by application, 2016 - 2024 7.4. Asia Pacific 7.4.1. Market estimates and forecasts by product, 2016 - 2024 7.4.2. Market estimates and forecasts by component, 2016 - 2024 7.4.3. Market estimates and forecasts by application, 2016 - 2024 7.4.4. China 7.4.4.1 Market estimates and forecasts by product, 2016 - 2024 7.4.4.2 Market estimates and forecasts by component, 2016 - 2024 7.4.4.3 Market estimates and forecasts by application, 2016 - 2024 7.4.5. India 7.4.5.1 Market estimates and forecasts by product, 2016 - 2024 7.4.5.2 Market estimates and forecasts by component, 2016 - 2024 7.4.5.3 Market estimates and forecasts by application, 2016 - 2024 7.4.6. Japan 7.4.6.1 Market estimates and forecasts by product, 2016 - 2024 7.4.6.2 Market estimates and forecasts by component, 2016 - 2024 7.4.6.3 Market estimates and forecasts by application, 2016 - 2024 7.5. Latin America 7.5.1. Market estimates and forecasts by product, 2016 - 2024 7.5.2. Market estimates and forecasts by component, 2016 - 2024 7.5.3. Market estimates and forecasts by application, 2016 - 2024 7.5.4. Brazil 7.5.4.1 Market estimates and forecasts by product, 2016 - 2024 7.5.4.2 Market estimates and forecasts by component, 2016 - 2024 7.5.4.3 Market estimates and forecasts by application, 2016 - 2024 7.5.5. Mexico 7.5.5.1 Market estimates and forecasts by product, 2016 - 2024 7.5.5.2 Market estimates and forecasts by component, 2016 - 2024 7.5.5.3 Market estimates and forecasts by application, 2016 - 2024 7.6. MEA Follow Us: Your Catalyst To a Lucrative Business 7.6.1. Market estimates and forecasts by product, 2016 - 2024 7.6.2. Market estimates and forecasts by component, 2016 - 2024 7.6.3. Market estimates and forecasts by application, 2016 - 2024 Chapter 8 Competitor Profiles 8.1 3D Laser Mapping 8.2 Aerometric Inc. 8.3 Airborne Hydrography AB 8.4 Airborne Imaging Inc. 8.5 Avent LiDAR Technology 8.6 Faro Technologies 8.7 Firmatek 8.8 Intermap Technologies Corp. 8.9 Leica Geosystems Holdings AG 8.10 Mosaic 3D 8.11 Optech Incorporated 8.12 Pix4D 8.13 Riegl 8.14 Renishaw Plc 8.15 Saab AB 8.16 Trimble Navigation Limited Follow Us: Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 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Global LiDAR market was worth USD 260 million in 2015. It is estimated to grow at a CAGR of 12% from 2016 to 2024 (forecast period).
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