Global Light Detection and Ranging (LIDAR) Market Growth 2023-2029

Global Light Detection and Ranging (LIDAR) Market Growth 2023-2029

Light Detection and Ranging (LIDAR), also written lidar, LiDAR or LADAR, is a remote sensing technology that measures distance by illuminating a target with a laser and analyzing the reflected light. LIDAR is popularly used as a technology to make high-resolution maps, with applications in civil engineering, forestry & agriculture, transportation, urban mapping, etc. What is known as LIDAR is sometimes simply referred to as laser scanning or 3D scanning, with terrestrial and airborne applications.

LPI (LP Information)' newest research report, the “Light Detection and Ranging (LIDAR) Industry Forecast” looks at past sales and reviews total world Light Detection and Ranging (LIDAR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Detection and Ranging (LIDAR) sales for 2023 through 2029. With Light Detection and Ranging (LIDAR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Detection and Ranging (LIDAR) industry.

This Insight Report provides a comprehensive analysis of the global Light Detection and Ranging (LIDAR) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Detection and Ranging (LIDAR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Detection and Ranging (LIDAR) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Detection and Ranging (LIDAR) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Detection and Ranging (LIDAR).

The global Light Detection and Ranging (LIDAR) market size is projected to grow from US$ 382.5 million in 2022 to US$ 799.1 million in 2029; it is expected to grow at a CAGR of 799.1 from 2023 to 2029.

Global Light Detection and Ranging (LIDAR) key players include Leica Geosystems, Trimble, Optech, Riegl, etc. Global top four manufacturers hold a share nearly 75%.

North America is the largest market, with a share about 30%, followed by Europe, and Japan, both have a share over 40 percent.

In terms of product, Airborne LIDAR is the largest segment, with a share about 55%. And in terms of application, the largest application is Civil Engineering, followed by Urban Mapping, Transportation, Forestry and Agriculture , etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Light Detection and Ranging (LIDAR) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Airborne LIDAR

Terrestrial LIDAR

Others

Segmentation by application

Civil Engineering

Forestry and Agriculture

Transportation

Urban Mapping

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Leica Geosystems

Trimble

Teledyne Optech

Riegl

Topcon

Velodyne LiDAR

3D Laser Mapping

IGI

Sure Star

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Detection and Ranging (LIDAR) market?

What factors are driving Light Detection and Ranging (LIDAR) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Light Detection and Ranging (LIDAR) market opportunities vary by end market size?

How does Light Detection and Ranging (LIDAR) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.