Key Players: Leica Geosystems, Teledyne Optech Inc, Yellowscan, Sick AG
LIDAR market spreads across 158 pages profiling 11 companies and supported with tables and figures available at rnrmarketresearch.com
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The market was valued at USD 1,429.7 million in 2016 and is expected to reach USD 5,204.8 million by 2022, at a CAGR of 25.8% between 2017 and 2022. The major factors which drive the market are arise in encouragement from the governments and institutes for the adoption of LiDAR, increasing application of LiDAR in engineering projects, and technological superiority of LiDAR technology.
“LiDAR market for ADAS and driverless cars is expected to grow at a rapid rate”
ADAS and driverless car application segment is expected to show remarkable growth during the forecast period. This growth can be attributed to the growing investment in the automotive industry for autonomous or driverless cars and increasing use of solid-state LiDAR in automotive applications for advanced driver assistance systems (ADAS).
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LiDAR Market, By Application
ADAS and Driverless Cars
Fundamentals of Table of Content:
7 LiDAR Market, By Component
7.2 Laser Scanners
7.3 Navigation and Positioning Systems
7.3.1 Global Positioning System (GPS)
7.3.2 Inertial Measurement Unit (IMU)
7.4.2 High-Precision Clock
7.4.3 Other Accessories
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13 Company Profile
13.2 Quantum Spatial (Aerometric, Inc.)
13.3 Faro Technologies
13.4 Beijing Beike Technology Co., Ltd (Isurestar)
13.5 Leica Geosystems
13.6 Teledyne Optech Inc.
13.8 Velodyne LiDAR, Inc.
13.10 Geokno India Pvt. Ltd.
13.11 Trimble Inc.
13.12 Sick AG
13.13 Startup Ecosystem
13.13.1 Quanergy Systems, Inc.
13.13.2 Innoviz Technologies Ltd
13.13.3 Innoluce Bv, an Infineon Company
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
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