Global LIDAR Market 2017 Industry Research Report has been analyzed in detail to assist clients with all the vital data to frame tactical business judgments and propose strategic growth plans. The Global LIDAR Market report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.
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Global Lidar Market is expected to reach USD 5,842.37 million by 2024 from USD 1,058.40 million in 2016, at a CAGR of 24.1% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global LIDAR Market By Geography, Component (Laser Scanners, Navigation & Positioning Systems); Product (Aerial, Ground-Based, UAV, Solid-State), Service (Aerial Surveying, Asset Management, GIS Service, Ground-Based Surveying, Mapping & Modeling), Application (Corridor Mapping, Engineering, Environment, ADAS & Driverless Cars, Exploration, Urban Planning, Cartography, Meteorology) – Industry Trends and Forecast to 2024
RISING GOVERNMENT INITIATIVES AND INCREASING ADOPTION
Government is taking several initiatives for accuracy of data, refresh cycle and interest towards the geographic area coverage in order to avoid the unexpected circumstances such as accidents, agriculture, Precision Forestry, forest Planning and management, forest fire management, tourism and parks management, environmental assessment, flood model, Ecological & Land Classification (ELC), river survey, river modelling, mining, oil and gas exploration, archaeology, light, solar energy planning , cellular network planning, astronomy, urban municipality, airport infrastructure and lots more. For instance, 3D Elevation Program (3DEP) initiative has been created to seek the emerging needs for high quality of topographic data and other 3D representations of the Nation’s natural and constructed features in the Hawaii, United States and other U.S.
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territories. Another example is in 2015, three USGS grants have been awarded in respect of supporting the geospatial data development in Tennessee. Through LiDAR, US Geological Survey (USGS) and their 3D Elevation Program (3DEP) data has been collected from 27 countries for which additional funds are being provided by Tennessee Department of Environment and Conservation, Department of Energy, Agriculture and F&A, Tennessee Department of Transportation and valley authority and several other local government in Tennessee.
The report for LIDAR market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is LIDAR in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.
The report also measures technology life line curve and market time line to analyses and do more affective investments.
TOP Competitors of Market:
- Quantum Spatial,
- FARO Technologies, Inc.,
- Beijing Beike Digital Medical Technology Co.,Ltd.,
- Leica Geosystems AG,
- Teledyne Optech Incorporated,
- RIEGL Laser Measurement Systems GmbH,
- Velodyne LiDAR, Inc.,
- SICK AG,
- Trimble Inc.,
- Quanergy Systems, Inc.,
- Innoviz technologies, Inc.,
- Infineon Technologies AG,
- Mira Solutions, Inc.,
- Teledyne Optech Incorporated,
- Geokno India Private Limited.
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INCREASING USE OF DRONES IN NUMEROUS APPLICATIONS
Drones consist of global positioning systems (GPS), sensors, cameras, navigation systems and many more along with varied functions, shapes and sizes. These are controlled by the remotes or from special ground cockpits.
Therefore drones are used in various applications such as for security, science & research, search and rescue operations, inspection, aerial photography and video, unmanned cargo system, mapping, surveillance of suspicious happening. It can be utilized in construction and pre-construction work, real estate, education, maritime, aviation, mining, insurance, marketing, utilities and many more.
Due to growing usage, even various government agencies, different institution and private companies have their own private drone which comes in different sizes according to their application.
GROWING LIDAR APPLICATION IN ENGINEERING PROJECTS AND LARGE-MAGNITUDE SET
Application of the lidar has been used in most of the engineering projects such as in civil engineering it is used in grading, utilities, drainage analysis, erosion and storm water treatment, rooadway design and many more. For instance, first it establishes control points on site and temporary benchmarks, secondly by using these benchmarks it perform additional survey for other locations as well in order to obtain the position and elevation.
Thirdly, ensures whether the lidar data has accurately represented the particular site and actual project location has been selected accordingly. After that it gather the survey data as needed with respect of the project like underwater, geologic features, properties, utilities, boundaries and many more and finally setting up the marking for the further construction practice and for the comparison of layout elevation in order to determine the differences, if they are acceptable or not.
Other types of projects include Hydraulic Modeling, Digital Flood Insurance Rate Map Production (DFIRM), coastal engineering, construction engineering and many more.
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Short TABLE OF CONTENTS
1.1. OVERVIEW OF THE GLOBAL LIDAR MARKET
1.2. CURRENCY AND PRICING
1.4. MARKETS COVERED
2 MARKET SEGMENTATION
2.1. KEY TAKEAWAYS
2.2. ARRIVING AT THE GLOBAL LIDAR MARKET SIZE
2.3. GLOBAL LIDAR MARKET: RESEARCH SNAPSHOT
3 MARKET OVERVIEW
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
6 GLOBAL LIDAR MARKET, BY COMPONENT
7 GLOBAL LIDAR MARKET, BY PRODUCT
7.2. AERIAL LIDAR
8 GLOBAL LIDAR MARKET, BY APPLICATION
8.2. CORRIDOR MAPPING
9 GLOBAL LIDAR MARKET, BY SERVICES
9.2. LIDAR DATA PROCESSING
9.4. ASSET MANAGEMENT
9.5. GIS SERVICES
9.6. GROUND-BASED SURVEYING
9.7. MAPPING AND MODELING
10 GLOBAL LIDAR MARKET, BY GEOGRAPHY
10.1 COUNTRYWISE GLOBAL LIDAR MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
11 GLOBAL LIDAR MARKET: COMPETITIVE LANDSCAPE
11.1. GLOBAL LIDAR MARKET: COMPANY SHARE ANALYSIS
11.2. NORTH AMERICA LIDAR MARKET: COMPANY SHARE ANALYSIS
11.3. EUROPE MARKET: COMPANY SHARE ANALYSIS
11.4. ASIA-PACIFIC LIDAR MARKET: COMPANY SHARE ANALYSIS
11.5. SOUTH AMERICA LIDAR MARKET: COMPANY SHARE ANALYSIS
11.6. MIDDLE EAST AND AFRICA LIDAR MARKET: COMPANY SHARE ANALYSIS
12 GLOBAL LIDAR MARKET, COMPANY PROFILES
12.1 QUANTUM SPATIAL
14 ABOUT DATA BRIDGE MARKET RESEARCH
Some of the major factors driving the market for global Lidar market are rising government initiatives and increasing adoption, increasing use of drones in numerous applications, growing lidar application in engineering projects and large-magnitude set and technological advancement. These factors demand the Lidar system which boosts the market growth.
- High cost of lidar and high surveying application expenses may hinder the growth of the market.
- Many companies are increasingly focusing on technological advancement of lidar devices in order to strengthen their product portfolios in the Lidar market.
- The global aerial lidar market is expected to reach USD 2,521.36 million by 2024, from USD 484.46 million in 2016, growing at a CAGR of 23.1%.
- The corridor mapping is expected to dominate the Lidar market with 29.5% market share, growing at a CAGR 24.6% in the forecast period 2017 to 2024.
On the basis of components:- laser scanners, navigation & positioning systems, and others.
On the basis of product:-Aerial, ground-based, UAV, and solid-state.
On basis of service:-Aerial surveying, asset management, GIS service, ground-based surveying, mapping and modeling, and others
On the basis of application:- Corridor mapping, engineering, environment, ADAS & driverless cars, exploration, urban planning, cartography, meteorology, and others.
On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
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