Market Overview:
The global LiDAR services market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for 3D mapping and surveying services, rising adoption of LiDAR technology in various applications, and growing awareness about the benefits of using LiDAR technology. Based on type, the global LiDAR services market is segmented into GIS services, aerial surveying, mapping, and other segments. The GIS services segment is expected to account for the largest share of the global LiDAR services market in 2018. This can be attributed to the increasing demand for 3D mapping and spatial analysis solutions among enterprises across different industries. Based on application, the global LiDARservicesmarket is divided into large enterprises and SMEs segments.
Product Definition:
LiDAR Services is the process of using lasers to measure distances and create a 3D map of an area. It is used for surveying, mapping, and environmental monitoring.
GIS Services:
GIS services refer to the set of tools and techniques that help in storing, managing, analyzing and mapping data. It helps in collecting and combining data from various sources for a particular purpose. GIS is used majorly for spatial or location-based information management. The technology has been witnessing high demand over the past few years owing to its ability to provide accurate results with improved efficiency as compared to traditional methods.
Aerial Surveying:
Aerial surveying is a technique of collecting data from the air with the help of a device called an aerial surveyor, which is used to measure and capture various attributes about different objects. It’s major use includes mapping, monitoring & analyzing urban development & growth patterns, measuring land cover characteristics etc.
The global aerial surveying and it's usage in LiDAR services market size was valued at USD 1.6 billion in 2017.
Application Insights:
Based on application, the market has been segmented into large enterprises, small and medium-sized enterprises (SMEs), and others. The large enterprise segment dominated the overall industry in terms of revenue in 2017. This is attributed to factors such as extensive use of LiDAR for surveying land for development activities, availability of advanced services by large companies with global presence, and high demand from urban areas.
The SMEs segment is expected to witness significant growth over the forecast period owing to increasing adoption of these devices across all industries worldwide due to its benefits such as cost-effectiveness compared to traditional methods; 3D data acquisition for architectural designs; real estate projects; infrastructure development; etc. Furthermore, various governments are providing subsidies/incentives worth millions of dollars annually for adopting LiDAR technology globally which will boost industry growth further during 2018-2030 period.
Regional Analysis:
The U.S. dominated the global LiDAR services market in terms of revenue share and is expected to continue its dominance over the forecast period. The growth can be attributed to factors such as increasing road accidents, rising adoption of driverless cars, and rapid urbanization across the country that has led to an increase in construction activities resulting in a rise in demand for 3D modeling and surveying applications across several industries including architecture, engineering, land use planning & design among others.
However, Asia Pacific is anticipated to emerge as a lucrative region during the forecast period owing to growing investments from prominent players such as Google LLC; Apple Inc.; Baidu Inc.; Alibaba Group; Foxconn Technology Group; Samsung Electronics Co., Ltd.; Sony Corporation; NVIDIA Corporation along with other regional players are expected to drive regional growth over the next eight years (2030).
Growth Factors:
- Increasing demand for autonomous vehicles: The increasing demand for autonomous vehicles is one of the key growth drivers for the LiDAR services market. Autonomous cars use LiDAR technology to detect and avoid obstacles on the road. This is driving the demand for LiDAR services, as it helps in improving safety and efficiency while driving.
- Growing popularity of drones: Drones are increasingly being used in a number of applications such as mapping, surveying, and security surveillance. The growing popularity of drones is another major growth driver for the LiDAR services market.
- Rising investment in R&D: The rising investment in R&D by automotive OEMs and technology companies is fueling the growth of the LiDAR services market. This is because automakers are looking to incorporate advanced technologies such as LiDAR into their vehicles to improve their performance and safety features.
Scope Of The Report
Report Attributes
Report Details
Report Title
LiDAR Services Market Research Report
By Type
GIS Services, Aerial Surveying, Mapping, Other
By Application
Large Enterprises, SMEs
By Companies
Fugro, GeoDigital, Harris Geospatial Solutions, Hexagon, Kucera International, Quanergy Systems, Quantum Spatial, Surdex Corporation, Trimble, Terra Remote Sensing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global LiDAR Services Market Report Segments:
The global LiDAR Services market is segmented on the basis of:
Types
GIS Services, Aerial Surveying, Mapping, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fugro
- GeoDigital
- Harris Geospatial Solutions
- Hexagon
- Kucera International
- Quanergy Systems
- Quantum Spatial
- Surdex Corporation
- Trimble
- Terra Remote Sensing
Highlights of The LiDAR Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- GIS Services
- Aerial Surveying
- Mapping
- Other
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LiDAR Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LiDAR Services is a business model that uses LiDAR technology to create 3-dimensional images of physical objects and environments. These images can be used to generate detailed maps and data that can be used for a variety of purposes, including land management, construction planning, surveying, environmental monitoring, and safety assessment.
Some of the key players operating in the lidar services market are Fugro, GeoDigital, Harris Geospatial Solutions, Hexagon, Kucera International, Quanergy Systems, Quantum Spatial, Surdex Corporation, Trimble, Terra Remote Sensing.
The lidar services market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LiDAR Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LiDAR Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LiDAR Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LiDAR Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LiDAR Services Market Size & Forecast, 2018-2028
4.5.1 LiDAR Services Market Size and Y-o-Y Growth
4.5.2 LiDAR Services Market Absolute $ Opportunity
Chapter 5 Global LiDAR Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LiDAR Services Market Size Forecast by Type
5.2.1 GIS Services
5.2.2 Aerial Surveying
5.2.3 Mapping
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LiDAR Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LiDAR Services Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LiDAR Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LiDAR Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LiDAR Services Analysis and Forecast
9.1 Introduction
9.2 North America LiDAR Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LiDAR Services Market Size Forecast by Type
9.6.1 GIS Services
9.6.2 Aerial Surveying
9.6.3 Mapping
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LiDAR Services Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LiDAR Services Analysis and Forecast
10.1 Introduction
10.2 Europe LiDAR Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LiDAR Services Market Size Forecast by Type
10.6.1 GIS Services
10.6.2 Aerial Surveying
10.6.3 Mapping
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LiDAR Services Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LiDAR Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LiDAR Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LiDAR Services Market Size Forecast by Type
11.6.1 GIS Services
11.6.2 Aerial Surveying
11.6.3 Mapping
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LiDAR Services Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LiDAR Services Analysis and Forecast
12.1 Introduction
12.2 Latin America LiDAR Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LiDAR Services Market Size Forecast by Type
12.6.1 GIS Services
12.6.2 Aerial Surveying
12.6.3 Mapping
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LiDAR Services Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LiDAR Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LiDAR Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LiDAR Services Market Size Forecast by Type
13.6.1 GIS Services
13.6.2 Aerial Surveying
13.6.3 Mapping
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LiDAR Services Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LiDAR Services Market: Competitive Dashboard
14.2 Global LiDAR Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fugro
14.3.2 GeoDigital
14.3.3 Harris Geospatial Solutions
14.3.4 Hexagon
14.3.5 Kucera International
14.3.6 Quanergy Systems
14.3.7 Quantum Spatial
14.3.8 Surdex Corporation
14.3.9 Trimble
14.3.10 Terra Remote Sensing
