Global LiDAR Technology Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global LiDAR Technology Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global LiDAR Technology market size was valued at USD 1526.9 million in 2023 and is forecast to a readjusted size of USD 3469.6 million by 2030 with a CAGR of 12.4% during review period.

Lidar is a surveying method that measures distance to a target by illuminating the target with pulsed laser light and measuring the reflected pulses with a sensor. Differences in laser return times and wavelengths can then be used to make digital 3-D representations of the target. The name lidar, now used as an acronym of light detection and ranging (sometimes light imaging, detection, and ranging), was originally a portmanteau of light and radar. Lidar sometimes is called laser scanning and 3-D scanning, with terrestrial, airborne, and mobile applications.

Increasing usage of drones across various applications, such as aerospace and defense, agriculture, and forestry, is a major factor driving the market growth. Moreover, rising investments in R&D of self-driven cars in the automotive sector are expected to positively impact the market. LiDAR or Light imaging, detection, and ranging system, has always been synonymous with automotive technology. The escalating demand for driverless cars is providing the automobile industry with ample opportunities to embed LiDAR in their systems. Massive investments from venture capitalists and the flurry of partnerships and acquisitions happening in the LiDAR domain hints on the size of this burgeoning market. Attributed to the rising demand for driverless cars, and the increasing application of LiDAR in engineering projects, the investments in LiDAR market is accelerating at an exponential pace. Increasing defense expenditure in Asia Pacific is expected to grow the market in region over the forecast period. North America is expected to lead the market, pursued by Europe in following years.

The Global Info Research report includes an overview of the development of the LiDAR Technology industry chain, the market status of Coastal (Aerial Lidar, Ground-based Lidar), Transportation (Aerial Lidar, Ground-based Lidar), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of LiDAR Technology.

Regionally, the report analyzes the LiDAR Technology markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global LiDAR Technology market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the LiDAR Technology market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the LiDAR Technology industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Aerial Lidar, Ground-based Lidar).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the LiDAR Technology market.

Regional Analysis: The report involves examining the LiDAR Technology market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the LiDAR Technology market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to LiDAR Technology:

Company Analysis: Report covers individual LiDAR Technology manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards LiDAR Technology This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Coastal, Transportation).

Technology Analysis: Report covers specific technologies relevant to LiDAR Technology. It assesses the current state, advancements, and potential future developments in LiDAR Technology areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the LiDAR Technology market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

LiDAR Technology market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Aerial Lidar
Ground-based Lidar
Mobile Lidar
UAV Lidar

Market segment by Application
Coastal
Transportation
Forestry
Infrastructure
Defense and Aerospace
Transmission Lines
Flood Mapping
Exploration
Driverless Cars

Major players covered
Airborne Hydrography
Applied Imagery
Zephir LiDAR
Lesophere
Avent LiDAR Technology
Grind GIS
Valedyne
DEWI
Geonica
Kintech Engineering
Teledyne Optech
Leica Geosystems

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LiDAR Technology product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LiDAR Technology, with price, sales, revenue and global market share of LiDAR Technology from 2019 to 2024.

Chapter 3, the LiDAR Technology competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LiDAR Technology breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and LiDAR Technology market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of LiDAR Technology.

Chapter 14 and 15, to describe LiDAR Technology sales channel, distributors, customers, research findings and conclusion.