The study involved four major activities in estimating the size for LiDAR market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. The bottom-up approach was employed to estimate the overall market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various sources were used to identify and collect information important for this study. These include annual reports, press releases & investor presentations of companies, white papers, technology journals, and certified publications, articles by recognized authors, directories, and databases.
Secondary research was mainly used to obtain key information about the supply chain of the industry, the total pool of market players, classification of the market according to industry trends to the bottom-most level, regional markets, and key developments from the market and technology-oriented perspectives.
Primary research was also conducted to identify the segmentation types, key players, competitive landscape, and key market dynamics such as drivers, restraints, opportunities, challenges, and industry trends, along with key strategies adopted by players operating in the LiDAR market. Extensive qualitative and quantitative analyses were performed on the complete market engineering process to list key information and insights throughout the report.
Primary Research
Extensive primary research has been conducted after acquiring knowledge about the LiDAR market scenario through secondary research. Several primary interviews have been conducted with experts from both demand (end users) and supply side (LiDAR solution providers) across 4 major geographic regions: North America, Europe, Asia Pacific, and RoW. Approximately 80% and 20% of the primary interviews have been conducted from the supply and demand side, respectively. These primary data have been collected through questionnaires, emails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both the top-down and bottom-up approaches were implemented, along with several data triangulation methods, to estimate and validate the size of the LiDAR market and various other dependent submarkets. Key players in the market were identified through secondary research, and their market share in the respective regions was determined through primary and secondary research. This entire research methodology included the study of annual and financial reports of the top players, as well as interviews with experts (such as CEOs, VPs, directors, and marketing executives) for key insights (quantitative and qualitative).
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study were accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
LiDAR Market: Bottom-Up Approach
LiDAR Market: Top-Down Approach
Data Triangulation
After arriving at the overall market size from the market size estimation process as explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both demand and supply sides. Along with this, the market has been validated using top-down and bottom-up approaches.
Definition
LiDAR, or light detection and ranging, works on the time of flight principle. The system uses light waves or a light source as a pulsed laser to measure the distance between objects. Measuring distances helps create 3D maps of terrains or earth surfaces that are not visible to the human eye or cannot be created through photogrammetry. The light waves are combined with other data recorded by the system (airborne or ground-based) to generate precise 3D information about the shape and characteristics of the targeted object.
Key Stakeholders
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Senior Management
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End User
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Finance/Procurement Department
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R&D Department
Report Objectives
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To describe, segment, and forecast the overall size (of the LiDAR market, by component, type, installation, range, service, end-use application, and region, in terms of value
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To describe and forecast the market size for various segments with regard to four main regions—North America, Europe, Asia Pacific, and the Rest of the World (RoW), in terms of value
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To describe and forecast the market size for components, in terms of volume
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To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and challenges influencing the market growth
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To analyze the supply chain, trends/disruptions impacting customer business, market/ecosystem map, pricing analysis, and regulatory landscape pertaining to the LiDAR market.
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To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market
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To describe in brief the value chain of light detection and ranging (LiDAR) solutions.
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To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
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To profile key players and comprehensively analyze their market position in terms of their ranking and core competencies2, along with the detailed competitive landscape of the market
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To analyze competitive developments, such as product launches and developments, partnerships, agreements, expansions, acquisitions, contracts, alliances, and research & development (R&D)undertaken in the LiDAR market
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To benchmark market players using the proprietary ‘Company Evaluation Matrix,’ which analyzes market players on various parameters within the broad categories of business strategy excellence and strength of product portfolio
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To analyze the probable impact of the recession on the market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Product Analysis
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Product matrix that gives a detailed comparison of the product portfolio of each company
Company Information
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Detailed analysis and profiling of additional market players (up to 7)
Sunghun
Mar, 2016
Do you have technical report to focusing the components of 3D laser scanner for autonomous vehicle? If you have please send me the sample file. I'm little bit confusing with your reports. In your report contents, the meaning of LIDAR is little bit different as my understanding. Eventually the LIDAR components section, the components include GPS, Navigation. It's not only LIDAR sensor, kind of full system for autonomous vehicle. So, the other reports also mention the LIDAR components are same as yours. I think the 3D Laser scanner is mostly same as what I want to searching. So, I need not only market survey, but also technology reports..
Martin
Mar, 2019
We are looking to buy the LiDAR report and wanted to take a look at the sample to get a feeling on what we can expect..
Sanmeet
Nov, 2017
I am doing a school project on LIDAR and need a sample of the report to look at the potential market size..
Alejandro
Apr, 2017
I am interested in the following topics Lidar bathymetry & topography services application mapping, cartography, exploration, urban planning..
Robbie
Feb, 2018
I am interested in knowing the key players in the LiDAR market specifically catering in the US..
Marcus
Aug, 2019
We are looking to quickly get smart on the LiDAR space to understand companies and their growth trajectory. .
Harris
Aug, 2015
I am interested to speak with the team that helped put together this report to explore the possibility to establish a relationship for future collaboration on such reports in the LiDAR market. It would be of mutual benefit to combine the views of the broader market with that of the leading 3-D real-time LiDAR manufacture..
Taylor
Nov, 2013
Hoping to see a bit more than what is on the website. Wanting to know if information has been gathered on LiDAR service providers, not just equipment. Also LiDAR systems now operate in the 500 kHz range (article says as high as 100 kHz)..
User
Sep, 2019
ADAS and Autonomus vehicles are expected to disrrupt the solid-state LiDAR market. What are the other applications that would impact our revenues? Who are the leading manufacturers for solid-state LiDAR? .
andy
Sep, 2019
I want the latest news about materials solutions to the new components on vehicles, such as ADAS sensors, integration of parts, HUD, future interior designs. .
Mateusz
Aug, 2015
I am interested in the following sections Market Analysis, By Application (Page No. - 79) Premium Insights (Page No. - 31) Market Overview (Page No. - 37) Industry Trends (Page No. - 46) Airborne LiDAR.
greg
May, 2015
We are interested only in the applications part of the LiDAR report. Do you provide it separately?.
Jake
Oct, 2017
Specifically interested in ADAS & Driverless car markets for LIDAR and its future growth. How is that market distinct from the other projected markets? .
Roberto
Dec, 2017
I am interested in offering my knowledge in the fields I have experience, such as Sales Manager, Trainer and Technology Transfer in Geomatics tools like Lidar. I am also interested in knowing about how does the Lidar Market work in some regions of the world and the latest updates on this interesting field..
User
Sep, 2019
Will government mandates really help in achieving a significant position in the market? What would be impact of government mandates in long term like after 3 years and 5 years and its impact on the use of drones in next 3-5 years? .
Zheenbek
Nov, 2013
We would like to conduct field surveys of mining areas, tailing sites and land use/cover analysis. We are interested in price of LIDAR's..
Zheenbek
Nov, 2013
We would like to conduct field surveys of mining areas, tailing sites and land use/cover analysis. We are interested in price of LIDAR's..
Tyson
Oct, 2014
Can you tell us the Lidar market size in 2014? We need to know if it's worth is to investigate this market more and purchase the full report..
User
Sep, 2019
Ground-based LiDAR being the dominant LiDAR type does airborne LiDAR have a significant penitration in LiDAR offerings? Do you have any estimations for use of airborne LiDAR in next 3 to 5 years? .
YSK
Jul, 2020
Which wavelength of Lidar will be chosen for both automotive and non-automotive applications?.
John
Jun, 2019
I need LIDAR data for an AOI for a small in southeast Nigeria, for a PhD research on forest carbon mapping..
Md
Jun, 2019
Which UAV is Best for aerial photography & LiDAR Survey? Which software is Best for those data analysis and aerial triangulation, stereo plotting, DTM & Orth photo generation for 1:1000 scale topographic mapping?.
David
Dec, 2017
We are suppling in-line processing technology to the transportation industry (automotive/trucking ADAS and other navigation applications). Are you covering only the sensor portion of the market, or the entire system including the processing elements (silicon) that pair with LiDAR?.
Shigeru
Oct, 2015
LiDAR is expected to expand its application to ADAS which has enormous market size. In parallel with increasing the market, unit price is going to be lowered. We are interested in this price/quantity trend in each application..
balu
Dec, 2014
I want info only related to Airborne, Corridor Mapping, Forestry of LiDAR market.
Aigul
Dec, 2015
Can we only get the data of urban planning in countries with developing economy (central Asian, if available) with emphasis of water resources and hazardous industrial waste storage/management?.
Aigul
Dec, 2015
Can we only get the data of urban planning in countries with developing economy (central Asian, if available) with emphasis of water resources and hazardous industrial waste storage/management?.
Darren
Dec, 2015
LiDAR for automotive ADAS and industry automation applications. Any discount can be available besides the list fee?.
Ana
Dec, 2019
When did the LiDAR Market was last comprehensively researched? Is the complete market information updated as of now? Actual data/Historic Data for which years? Base year estimates for which year? Forecasts years? Does the report contains Market size in terms of number of units? What is the content of the report? When does the next version come out? .
User
Nov, 2019
LiDAR has a highest revenue from aerial surveying applications. Is there a significant presence in GIS services and ground-based surveying applications too? What all have you considered for GIS services and ground-based surveying applications? .
Kizito
Oct, 2019
I am a surveyor engaged in both Land and Hydrographic surveying. I would like to know how I can use Lidar for mapping shallow waters in Hydrographic surveying project..
Dave
Oct, 2019
Can we get the data only for US LiDAR market?.
Md
Oct, 2019
Proper specification of LiDAR, RGB camera & Drone. Who are the major players for purchasing those devices?.
Robert
Sep, 2019
We are a small, seed-stage Lidar developer working on chip-scale Lidar. We'd greatly appreciate access to "LiDAR Market by Type (Mechanical LiDAR and Solid-State LiDAR), Installation (Airborne and Ground-Based), Application (Corridor Mapping, ADAS & Driverless Car, and Engineering), Range, Component, Service, and Geography - Global Forecast to 2023". We would also appreciate the opportunity to talk to and connect your researchers to see if we can be of mutual benefit to each other. We'd love to learn a bit more about your research process..
Mark
Aug, 2019
My company is looking to get into LiDAR marketspace. Research studies such as these could help us plan more effectively. .
Adrian
Aug, 2019
What can one expect under cartography application of LiDAR report?.
Bryan
Mar, 2016
This report, "LiDAR Market by Product (Aerial, Ground-based, and UAV LiDAR), Component, Application (Corridor Mapping, Engineering, Environment, ADAS, Urban Planning, Exploration, and Metrology), Services and Geography - Global Forecast to 2022", Who is the author of this report? .
User
Mar, 2019
North America is the leader in the LiDAR market. How do you look towards the market in Middle East, and use of LiDAR in exploration application in this region? Have you provided the estimates for LiDAR in Middle East region for oil & gas applications.
Janina
Jan, 2014
I am looking for the following: Size of LiDAR market by industry (road vehicle based, UAV based, manned aircraft based...) and by territory (country)..
Keith
Jan, 2015
Do you provide the LiDAR report only on Alternative materials for solid state laser host media, blue & UV laser diodes, and non linear optics sections?.