Global Scanning Rangefinder Market Growth 2023-2029

Global Scanning Rangefinder Market Growth 2023-2029

Scanning rangefinders are 2D/3D laser radar (or LiDAR) sensors used to measure the distance between the sensor and the surrounding environment. Based on the scan data, it can detect the size, position, and direction of movement of the target object.

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

This Insight Report provides a comprehensive analysis of the global Scanning Rangefinder 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 Scanning Rangefinder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Scanning Rangefinder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Scanning Rangefinder 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 Scanning Rangefinder.

The global Scanning Rangefinder market size is projected to grow from US$ 936.5 million in 2022 to US$ 6950.3 million in 2029; it is expected to grow at a CAGR of 6950.3 from 2023 to 2029.

Valeo is the largest manufacturers of scanning rangefinder in the world, has a share about 25%. Other players include SICK, Hokuyo, Robo Sense and Velodyne, etc. The global scanning rangefinder are mainly produced in Asia, North America, and Europe, they occupied for a share over 97 percent. In terms of type, 2D is the largest segment, with a share over 70%, while 3D takes less than 30%. And in terms of application, the largest application is automotive & traffic for over 85%.

This report presents a comprehensive overview, market shares, and growth opportunities of Scanning Rangefinder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
2D Scanning Rangefinder
3D Scanning Rangefinder

Segmentation by application
Automotive & Traffic
Industrial Manufacturing
Service Robots
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.
Valeo
SICK AG
Hokuyo Automatic Co., Ltd.
Shenzhen Robo Sense Technology Co., Ltd.
Hesai Technology
Velodyne Lidar, Inc.
Pepperl+Fuchs SE
Ouster, Inc.
VanJee Technology
Shenzhen Leishen Intelligence System Co., Ltd.
SureStar

Key Questions Addressed in this Report

What is the 10-year outlook for the global Scanning Rangefinder market?

What factors are driving Scanning Rangefinder market growth, globally and by region?

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

How do Scanning Rangefinder market opportunities vary by end market size?

How does Scanning Rangefinder 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.