Global Light Detection And Ranging Market, Overview
Light Detection and Ranging, or Lidar, is a remote sensing technique that employs light in the form of a pulsed laser to determine ranges (varying distances) to the Earth. A lidar device comprises primarily of a laser, a scanner, and a specialized GPS receiver. The most frequent platforms for collecting lidar data over large areas are aeroplanes and helicopters. Scientists and mapping experts can use lidar devices to analyze both natural and built settings with accuracy, precision, and flexibility. Lidar is being used by NOAA scientists to create more accurate coastline maps, create digital elevation models for use in geographic information systems, aid in emergency response operations, and a variety of other uses. Topographic and bathymetric lidar are the two forms of lidar. Bathymetric lidar employs water-penetrating green light to determine seafloor and riverbed elevations, while topographic lidar uses a near-infrared laser to scan the land. The global Light Detection and Ranging market accounted for US$ 1.5 billion in 2020 and is estimated to be US$ 5.0 billion by 2030 and is anticipated to register a CAGR of 13.1%.
Impact of Covid-19 pandemic on market
Companies in the LiDAR ecosystem have been impacted by the COVID-19 outbreak. It has had a global impact on both LiDAR manufacturers and users. COVID-19 is predicted to have the biggest influence on the LiDAR industry for exploratory applications. The usage of LiDAR in oil & gas and mining applications is one example of its exploration use. The world’s economies have been damaged by the mandated lockdowns. Globally, gasoline consumption has decreased as a result of public transit limits.
Global Light Detection And Ranging Market, Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
Source: Prophecy Market Insights
The global Light Detection and Ranging market is segmented based on product type, component, application, and region.
On the basis of product type, the global Light Detection and Ranging market is segmented into Terrestrial LiDAR, Airborne LiDAR and Others. Based on Component, the target market is segmented into GPS, Laser scanner and Navigation. On the basis of application, the target market is segmented into Environment, Corridor Mapping, Engineering and ADAS & Driverless Cars.
Regional Insights:
On region the global Light Detection and Ranging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American regional market accounted for the largest share in the global Light Detection and Ranging market. Because of the growing adoption of administrative regulations mandating the installation of specific automotive safety technologies in both lightweight and heavyweight vehicles in the region
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Product- Terrestrial LiDAR, Airborne LiDAR and Others By Component– GPS, Laser scanner and Navigation By Application– Environment, Corridor Mapping, Engineering and ADAS & Driverless Cars. |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global light detection and ranging market report based on product type, component, application, and region.
Global Light Detection and Ranging Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Light Detection And Ranging Market, Key Players
The key players operating in the global Light Detection and Ranging market includes Faro Technologies Inc., Leica Geosystems Holdings AG, Trimble Navigation Limited, Velodyne LiDAR, Inc., and RIEGL USA Inc. The market’s many competitors are challenged to develop novel services that assist consumers in addressing evolving technology, corporate practises, and security requirements.
Global Light Detection And Ranging Market, Company Profile
- Faro Technologies Inc.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Leica Geosystems Holdings AG
- Trimble Navigation Limited
- Velodyne LiDAR, Inc.
- RIEGL USA Inc.
“*” marked represents similar segmentation in other categories in the respective section
Global Light Detection And Ranging Market, Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Light Detection and Ranging Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product type
- Market Snippet, By Component
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Light Detection and Ranging Market, By Product type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Terrestrial LiDAR
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Airborne LiDAR
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Light Detection and Ranging Market, By Component, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- GPS
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Laser Scanner
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Navigation
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Light Detection and Ranging Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Environment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Corridor mapping
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Engineering
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- ADAS & Driverless Cars
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Light Detection and Ranging Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Faro Technologies Inc.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Leica Geosystems Holdings AG
- Trimble Navigation Limited
- Velodyne LiDAR, Inc.
- RIEGL USA Inc.
The Last Word
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- Future Impact
- About Us
- Contact
FAQs
The global light detection and ranging market is segmented based on product type, component, application, and region.
The market is likely to be driven by increased demand for 3D images in various application areas such as military and defense, topographical surveys, civil engineering.
The North American regional market accounted for the largest share in the global Light Detection and Ranging market. Because of the growing adoption of administrative regulations mandating the installation of specific automotive safety technologies in both lightweight and heavyweight vehicles in the region.
The market’s many competitors are challenged to develop novel services that assist consumers in addressing evolving technology, corporate practices, and security requirements that will boost the market growth.