LiDAR Market By Range (Short, Medium, and Long), By Application (Corridor Mapping, Engineering, Environment, and Others), By Region (North America, Europe, Asia Pacific, Middle East Africa, Latin America) – Global Forecast up to 2025
- Report Code : INF1246398
- Published On: Apr, 2021
- Category : Aerospace & Defence
- Pages : 73
Global LiDAR Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025
The market research report by Infoholic Research includes a detailed segmentation of the global LiDAR market by range (short, medium, and long), by application (corridor mapping, engineering, environment, ADAS, and others), and by region (North America, Europe, Asia Pacific, Middle East Africa, and Latin America). This market research report identifies Trimble, Velodyne LiDAR, Faro Technologies, Leica Technologies, Geokno, Sick AG, Geodigital, Innoviz Technologies, Quantum Spatial, and Reigl Laser Measurement Systems as the market leaders operating in the global LiDAR market.
Overview of the Global LiDAR Market
Infoholic’s market research report predicts that the global LiDAR market will grow at a CAGR of more than 15% during the forecast period. The market for LiDAR is determined by the increased interest among automakers to make it connected and autonomous driving capabilities.
The LiDAR system is changing the collision detection and emergency braking systems as well. With a focus on safe driving and automated drive control, the adoption of LiDAR systems has increased among the automotive industry and auto suppliers.
LiDAR Market Research Competitive Analysis and Key Vendors
The report covers and analyzes the global LiDAR market. The key players in the LiDAR market are adopting various organic as well as inorganic growth strategies such as collaborations & partnerships, joint ventures, and few other strategies to be in a strong position in the market.
Few of the Key Vendors in the LiDAR Market:
• Velodyne LiDAR
• Faro Technologies
• Leica Geosystems
These companies are striving in the market sphere by acquiring clients across regions to stay ahead in the competitive world. For instance, Trimble is focusing on transforming the engineering systems with improved tools and analytical systems.
There are few other vendors that have been studied based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.
LiDAR Market Segmentation By Range
The short-range segment majorly contributes to market growth. The long-range segment is expected to grow at the highest CAGR during the forecast period 2019–2025.
LiDAR Market Segmentation By Application
• Corridor Mapping
The ADAS segment is estimated to hold the largest market share in 2019, and this trend will continue during the forecast period 2019–2025.
LiDAR Market Research Benefits
The report provides an in-depth analysis of the global LiDAR market. LiDAR combines various technologies for improving, improvising, and offer better results for engineering in various industries such as agriculture, mining, and others. It analyzes multiple customer application areas, intelligent features, and automated controls in the LiDAR market. LiDAR is expected to offer a next-generation image detection system and majorly help the automotive OEMs to provide better connected and intelligent vehicles.
With tables and figures helping analyze worldwide LiDAR market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1 Executive Summary
1.1 Synopsis of Key Findings
2 Industry Outlook
2.1 Industry Snapshot2.1.1 Industry Overview
2.1.2 Industry Trends
3 Market Snapshot
3.1 Total Addressable Market
3.2 Segmented Addressable Market3.2.1 PEST Analysis
3.2.2 Porter’s Five Force Analysis
3.3 Related Markets (Connected Logistics, Autonomous Vehicle Cars)
4 Market Characteristics
4.1 Market Evolution (Laser, Distracted Driving, Traffic)4.1.1 Ecosystem
4.2 Market Trends and Impact
4.3 Market Segmentation
4.4 Market Dynamics4.4.1 Market Drivers
4.4.2 Market Restraints
4.4.3 Market Opportunities
4.4.4 DRO – Impact Analysis
5 By Range – Market Size and Analysis
6 By Application – Market Size and Analysis
6.2 Corridor Mapping
7 By Geography – Market Size and Analysis
7.2 North America7.2.1 US
7.3 Europe7.3.1 Germany
7.3.4 Rest of Europe
7.4 Asia Pacific7.4.1 China
7.4.5 Rest of APAC
7.5 Middle East Africa7.5.1 South Africa
7.5.3 Rest of MEA
7.6 Latin America7.6.1 Brazil
7.6.3 Rest of Latin America
8 Competitive Landscape
8.1 Competitor Analysis
8.2 Product/Offerings Portfolio Analysis
8.3 Market Developments8.3.1 Mergers & Acquisitions (M&A), Expansions, and Partnerships
8.3.2 Business Restructuring
8.3.3 Product Launches & Exhibitions
9 Vendors Profile
9.2 Velodyne LiDAR
9.3 Faro Technologies
9.4 Leica Geosystems
9.6 Sick AG9.7 Geodigital
9.8 Innoviz Technologies
9.9 Quantum Spatial
9.10 Reigl Laser Measurement Systems
10.1 Report Scope
10.2 Market Definition
10.3 Research Methodology10.3.1 Data Collation & In-house Estimation
10.3.2 Market Triangulation
10.4 Study Declarations
10.5 Report Assumptions
10.6 Stakeholders10.7 Abbreviations
The LiDAR Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
- Velodyne LiDAR
- Faro Technologies
- Leica Geosystems
- Sick Ag
- Innoviz Technologies
- Quantum Spatial
- and Reigl Laser Measurement Systems
- corridor mapping
- and others