Market Overview:
The global lidar market is expected to grow from USD 2.02 billion in 2018 to USD 7.68 billion by 2030, at a CAGR of 18.5% from 2018 to 2030. The growth of the global lidar market can be attributed to the increasing demand for 3D mapping and surveying, growing adoption of autonomous vehicles, and rising demand for precision agriculture. However, high installation and maintenance cost may restrain the growth of the global lidar market during the forecast period. Based on type, the airborne LIDAR segment is projected to lead the global lidar market duringthe forecast period.
Product Definition:
LiDAR is an acronym for Light Detection and Ranging. It is a remote sensing technology that uses light in the form of a pulsed laser to measure distances. It can be used to produce high-resolution 3D maps of the Earth's surface.
Airborne LIDAR:
Airborne LIDAR is a remote sensing technology that uses laser to measure and analyze the topography. It works by sending out a laser pulse and measuring the time of return, this gives an accurate measurement of elevation above sea level. It’s major use is in mapping but it has many other applications such as monitoring pollution levels, detecting forest fires, etc.
Terrestrial LIDAR:
Terrestrial LIDAR (TLL) is a laser-based remote sensing technology that measures the distance between nearby objects. It uses laser pulses to measure the time it takes for those pulses to travel and return. TLL can be used for mapping, monitoring, and testing applications in various industries such as agriculture, construction & mining etc.
The key application areas of LiDAR include urban planning & development, infrastructure management/engineering studies/surveying.
Application Insights:
Based on application, the market has been segmented into civil engineering, forestry & agriculture, transportation, urban mapping and others. The civil engineering segment dominated the overall industry in terms of revenue in 2017. This is attributed to extensive usage for surveying and land planning purposes. Furthermore, increasing adoption of LiDAR for road design and construction as well as for measuring traffic flow is further expected to drive growth over the forecast period.
LiDAR technology can be used not only for designing roads but also railways by calculating the trajectory of a train from its origin point to destination using time-of-flight measurements along with 3D data points obtained through laser scanning techniques. Such applications are likely to contribute towards higher market penetration during future years owing to increased efficiency in railway planning and design activities coupled with reduced costs involved in implementation compared to traditional methods such as aerial photography or GPS surveys.
Regional Analysis:
The North American regional market dominated the global LiDAR industry in terms of revenue share in 2016. The growth can be attributed to the increasing use of LIDAR technology for various applications such as construction, automotive, and civil engineering. The U.S.-based companies have been investing heavily in research & development activities to introduce innovative products with improved performance characteristics and enhanced accuracy levels at a relatively lower price range.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rapid urbanization along with increasing road infrastructure activities primarily within China.
Growth Factors:
- Increasing demand for autonomous vehicles: The increasing demand for autonomous vehicles is one of the key growth drivers for the LiDAR market. Autonomous cars use LiDAR to detect and avoid obstacles on the road, which is why its adoption is expected to increase in the coming years.
- Growing awareness about driverless cars: Driverless cars are still in their nascent stage, but their popularity is growing rapidly due to the numerous benefits they offer. This is driving more people to become aware of this technology and invest in it, thereby fuelling the growth of LiDAR market.
- Rising R&D spending by automakers: Automakers are investing heavily in R&D activities to develop new technologies that can be used in driverless cars. This is resulting in increased spending on LiDAR systems, thereby propelling its growth rate further.
Scope Of The Report
Report Attributes
Report Details
Report Title
LiDAR Market Research Report
By Type
Airborne LIDAR, Terrestrial LIDAR, Others
By Application
Civil Engineering, Forestry & Agriculture, Transportation, Urban Mapping, Others
By Companies
Leica Geosystems, Trimble, Teledyne Optech, Riegl, Topcon, Velodyne LiDAR, 3D Laser Mapping, IGI, Sure Star
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global LiDAR Market Report Segments:
The global LiDAR market is segmented on the basis of:
Types
Airborne LIDAR, Terrestrial LIDAR, Others
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
Civil Engineering, Forestry & Agriculture, Transportation, Urban Mapping, Others
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:
- Leica Geosystems
- Trimble
- Teledyne Optech
- Riegl
- Topcon
- Velodyne LiDAR
- 3D Laser Mapping
- IGI
- Sure Star
Highlights of The LiDAR 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:
- Airborne LIDAR
- Terrestrial LIDAR
- Others
- By Application:
- Civil Engineering
- Forestry & Agriculture
- Transportation
- Urban Mapping
- Others
- 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 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 is a technology that uses lasers to measure distances.
Some of the major players in the lidar market are Leica Geosystems, Trimble, Teledyne Optech, Riegl, Topcon, Velodyne LiDAR, 3D Laser Mapping, IGI, Sure Star.
The lidar market is expected to grow at a compound annual growth rate of 18.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LiDAR Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. LiDAR Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LiDAR Market - Supply Chain
4.5. Global LiDAR Market Forecast
4.5.1. LiDAR Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LiDAR Market Size (000 Units) and Y-o-Y Growth
4.5.3. LiDAR Market Absolute $ Opportunity
5. Global LiDAR Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. LiDAR Market Size and Volume Forecast by Type
5.3.1. Airborne LIDAR
5.3.2. Terrestrial LIDAR
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LiDAR Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. LiDAR Market Size and Volume Forecast by Application
6.3.1. Civil Engineering
6.3.2. Forestry & Agriculture
6.3.3. Transportation
6.3.4. Urban Mapping
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LiDAR Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. LiDAR Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global LiDAR Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. LiDAR Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global LiDAR Demand Share Forecast, 2019-2026
9. North America LiDAR Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America LiDAR Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America LiDAR Market Size and Volume Forecast by Application
9.4.1. Civil Engineering
9.4.2. Forestry & Agriculture
9.4.3. Transportation
9.4.4. Urban Mapping
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LiDAR Market Size and Volume Forecast by Type
9.7.1. Airborne LIDAR
9.7.2. Terrestrial LIDAR
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America LiDAR Demand Share Forecast, 2019-2026
10. Latin America LiDAR Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America LiDAR Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America LiDAR Market Size and Volume Forecast by Application
10.4.1. Civil Engineering
10.4.2. Forestry & Agriculture
10.4.3. Transportation
10.4.4. Urban Mapping
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LiDAR Market Size and Volume Forecast by Type
10.7.1. Airborne LIDAR
10.7.2. Terrestrial LIDAR
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America LiDAR Demand Share Forecast, 2019-2026
11. Europe LiDAR Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe LiDAR Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe LiDAR Market Size and Volume Forecast by Application
11.4.1. Civil Engineering
11.4.2. Forestry & Agriculture
11.4.3. Transportation
11.4.4. Urban Mapping
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LiDAR Market Size and Volume Forecast by Type
11.7.1. Airborne LIDAR
11.7.2. Terrestrial LIDAR
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Gowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LiDAR Demand Share, 2019-2026
12. Asia Pacific LiDAR Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific LiDAR Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific LiDAR Market Size and Volume Forecast by Application
12.4.1. Civil Engineering
12.4.2. Forestry & Agriculture
12.4.3. Transportation
12.4.4. Urban Mapping
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LiDAR Market Size and Volume Forecast by Type
12.7.1. Airborne LIDAR
12.7.2. Terrestrial LIDAR
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific LiDAR Demand Share, 2019-2026
13. Middle East & Africa LiDAR Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa LiDAR Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa LiDAR Market Size and Volume Forecast by Application
13.4.1. Civil Engineering
13.4.2. Forestry & Agriculture
13.4.3. Transportation
13.4.4. Urban Mapping
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LiDAR Market Size and Volume Forecast by Type
13.7.1. Airborne LIDAR
13.7.2. Terrestrial LIDAR
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa LiDAR Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LiDAR Market: Market Share Analysis
14.2. LiDAR Distributors and Customers
14.3. LiDAR Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Leica Geosystems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trimble
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Teledyne Optech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Riegl
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Topcon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Velodyne LiDAR
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. 3D Laser Mapping
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IGI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sure Star
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
