LiDAR Market

LiDAR Market by Component (Laser Scanners, Navigation and Positioning Systems, Other Components), Installation (Airborne, Ground-based), Type (Mechanical, Solid-state), Range (Short, Medium, Long), Service, Region - Global Forecast to 2029

Report Code: SE 3281 Jan, 2024, by marketsandmarkets.com

[294 Pages Report] The Global LiDAR market size was valued at USD 1.4 billion in 2023 and is estimated to reach USD 3.7 billion by 2029, registering a CAGR of 18.2% during the forecast period.

The growth of the LiDAR market share is driven by surge in the demand for 3D imagery in application areas, rise in the development of smart cities and infrastructure projects, emergence of 4D LiDAR, rising adoption of LiDAR systems in UAVs.

LiDAR Market

LiDAR Market

LiDAR Market Forecast to 2029

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Market Dynamics:

Drivers: Increasing number of smart cities and infrastructure development projects

LiDAR technology is crucial in various smart city planning, development, and management aspects. This technology is used in urban planning to create highly detailed 3D maps of cityscapes. This information helps city planners visualize existing structures, plan new developments, and optimize land use. It monitors critical infrastructure, such as bridges, roads, and buildings. It enables the creation of accurate 3D models to assess structural integrity and identify maintenance needs.

Smart cities leverage LiDAR for disaster response and resilience planning. The technology enables the creation of detailed terrain models, which can be crucial for assessing the impact of natural disasters and planning emergency responses. LiDAR supports environmental monitoring initiatives in smart cities by providing accurate 3D data for mapping green spaces, tracking vegetation health, and assessing air quality. This information aids in sustainable urban development.

Additionally, LiDAR technology contributes to the development of smart grids by providing detailed 3D data for assessing terrain and planning the placement of utility infrastructure. This supports the efficient distribution of energy. The demand for LiDAR in smart city applications is likely to continue growing as urbanization and the development of intelligent infrastructure become more prevalent. As cities strive to become more efficient, sustainable, and technologically advanced, LiDAR’s ability to provide precise 3D data becomes increasingly valuable in supporting these initiatives.

In January 2022, Quanergy Systems, Inc., a leading provider of OPA-based solid-state LiDAR sensors and smart 3D solutions for automotive and IoT, showcased its advanced 3D IoT LiDAR solutions and technologies for smart cities at CES 2022 in Las Vegas. Quanergy’s solutions included smart mobility, retail flow management analytics, building occupancy management, and perimeter intrusion detection.

Restraint: High testing, engineering, and calibration costs

The cost of LiDAR (Light Detection and Ranging) systems is a significant restraint for the LiDAR market. Several factors contribute to the high costs, and these challenges can limit the widespread adoption of LiDAR technology across various industries. The intricate design and precision required for manufacturing LiDAR sensors contribute to high production costs. The components, such as lasers, detectors, and scanning mechanisms, often involve advanced technology and manufacturing processes, adding to the overall cost.

LiDAR systems employ complex technologies to generate accurate 3D maps or images. The integration of various components, such as laser emitters, receivers, and scanning mechanisms, adds to the complexity of the systems, making them more expensive to produce. While there is a demand for smaller and lighter LiDAR systems, achieving miniaturization without compromising performance can be challenging. Developing compact and lightweight

LiDAR devices often require specialized components and manufacturing techniques, increasing costs. High-precision LiDAR systems with exceptional accuracy are crucial for applications, including autonomous vehicles, where safety is paramount. Meeting stringent quality and accuracy requirements involves additional engineering, testing, and calibration processes, increasing costs. Integrating LiDAR systems into existing products or platforms, such as autonomous vehicles or drones, can involve additional costs for adaptation and testing to ensure seamless functionality within the broader system.

Opportunity: Mounting development of advanced geospatial solutions

Improvements in sensor technologies are leading to the development of advanced geospatial solutions, especially for mobile mapping and machine control, consequently improving workflows, productivity, and project outcomes. Currently, sensors have the potential to bring together multiple sensor types or technologies to advance geospatial solutions in the areas of cost, performance, availability, and reliability. For LiDAR users, combining data from different types of sensors into one solution can generate more valuable data from missions, improving productivity and expanding services. The fusion of data from sensors and cameras of LiDAR systems is expected to offer a broader scope for mapping, automotive, and

Challenge: Complexities related to miniaturized LiDAR sensing

Miniaturizing LiDAR systems is a significant challenge, especially when size, weight, and power constraints are critical. These systems include various components, including lasers, detectors, and scanning mechanisms, which must be made smaller without compromising their performance. Achieving a compact size while maintaining the necessary precision is a complex engineering task.

Power consumption must be reduced without sacrificing performance to make LiDAR sensors small enough for portable and battery-powered applications. However, this is a delicate balance. Shrinking the size of LiDAR sensors can limit the space available for optical components, which can affect the field of view, range, and resolution of the system. Innovative optical design solutions are required to address this challenge. Integrating miniaturized LiDAR systems into small devices, such as smartphones or drones, also requires seamless integration with other sensors, such as cameras and radar. Ensuring effective sensor fusion without compromising functionality is a complex task. However, miniaturization efforts often result in increased manufacturing complexity and the use of specialized materials, which can drive up production costs. Therefore, balancing the cost of miniaturization with market demands is a key consideration.

LiDAR Market Ecosystem

LiDAR Market by Ecosystem

Corridor Mapping end-use application segment to account for second largest share of the LiDAR market during forecast period

The corridor mapping end use application segment is expected to to account for second largest share of the LiDAR market during forecast period. Corridor mapping is used for surveying roads and railways. LiDAR generates digital terrain models (DTM) and digital surface models (DSM), which result from laser scanning, making it possible to create elevation profiles anywhere. Lidar provides highly accurate and precise 3D spatial data, allowing for detailed mapping of the corridor and its surroundings. This level of accuracy is crucial for engineering and design applications in infrastructure projects.

The market for aerial surveying services segment is expected to hold the largest market share during the forecast period

The aerial surveying services segment is expected to hold the largest market share during the forecast period. Aerial surveying services are widely deployed to monitor any mishap in areas, such as roads, railways, highways, and bridges. This surveying method can provide accurate results of inspecting the site and can be done using manned or unmanned aerial systems, such as drones and aircraft. Government bodies generally conduct these services. Aerial LiDAR is crucial in natural resource management, including forestry and agriculture. This system aids in assessing vegetation health, estimating biomass, and monitoring changes in land cover. Aerial LiDAR surveys provide high-precision and accurate 3D mapping of terrain and landscapes. The technology can capture detailed elevation data and create accurate topographic maps.

Short range LiDARs to hold the largest share of market during the forecast period

Short range LiDARs are expected to hold the largest share of market during the forecast period. Short-range LiDAR is used to detect objects in the 0–200 m range. Short-range LiDARs are used in manufacturing environments and industrial automation for object proximity sensing. They help detect the presence of objects in close proximity to machinery, facilitating safe and efficient operations. Short-range LiDARs are often employed in robotics, drones, and autonomous vehicles for close proximity obstacle detection and avoidance. They help ensure the safety of the system by identifying and reacting to obstacles in real-time. Due to the adoption of short-range LiDAR in applications, such as automobiles, security, and robotics, the short-range LIDAR segment is projected to lead the market.

LiDAR market in Asia Pacific estimated to grow at the fastest rate during the forecast period

The LiDAR market, in Asia Pacific is expected to grow at the highest CAGR during the forecast period. Asia Pacific is expected to witness highest growth during the forecast period. The growth of this market can be attributed to the increase in surveying and mapping operations due to rising infrastructural development, increased focus on agricultural management, and a rise in mining activities in the region. Lack of awareness, high cost of LiDAR, and high expenses incurred in geographic surveys are limiting the momentum of this technology in the Asia Pacific.

LiDAR Market by Region

LiDAR Market by Region

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Top LiDAR Companies - Key Market Players:

Major vendors in the LiDAR companies include Leica Geosystems AG (Sweden), Trimble Inc. (US), Teledyne Optech (Canada), FARO Technologies, Inc. (US), RIEGL Laser Measurement Systems GmbH (Austria), Sick AG (Germany), NV5 Geospatial (US), Beijing SureStar Technology Co. Ltd. (China), Ouster (Velodyne Lidar, Inc.) (US), YellowScan (France), Leishen Intelligent System Co., Ltd. (China), SABRE Advanced 3D Surveying Systems (Scotland), Hesai Technology (China), RoboSense (China).

LiDAR Market Report Scope : 

Report Metric

Details

Estimated Market Size USD 1.4 billion in 2023
Projected Market Size USD 3.7 billion by 2029
Growth Rate CAGR of 18.2%

Market size available for years

2020—2029

Base year

2023

Forecast period

2024—2029

Segments covered

  • By Component,
  • By Installation,
  • By Type,
  • By Range,
  • By Service,
  • By End Use Application, and Region

Geographic regions covered

  • North America,
  • Europe,
  • Asia Pacific, and
  • RoW

Companies covered

Leica Geosystems AG (Sweden), Trimble Inc. (US), Teledyne Optech (Canada), FARO (US), Ouster (Velodyne Lidar, Inc.) (US), RIEGL Laser Measurement Systems GmbH (Austria), Sick AG (Germany), NV5 Geospatial (US), Beijing SureStar Technology Co. Ltd. (China), YellowScan (France), Leishen Intelligent System Co., Ltd. (China), SABRE Advanced 3D Surveying Systems (Scotland), Hesai Technology (China), RoboSense (China).

LiDAR Market Highlights

This research report categorizes the LiDAR market based on component, type, installation, range, service, end-use application, and region

Segment

Subsegment

By Component:

  • Laser Scanners
  • Navigation and Positioning Systems
  • Other Components (digital cameras, precision clocks, and other accessories including high-performance computers)

By Installation:

  • Ground-based
    • Mobile
    • Static
  • Airborne
    • Topographic
    • Bathymetric

By Type:

  • Mechanical
  • Solid-State

By Range:

  • Short (< 200 m)
  • Medium (200-500 m)
  • Long (> 500 m)

By Services:

  • Aerial Surveying
  • Asset Management
  • Geographic Information Systems
  • Ground-based Surveying
  • Other Services (environmental consultancy, system integration, reverse engineering, and non-destructive testing services)

By End use Application:

  • Corridor Mapping
  • Engineering
  • Environment
  • ADAS & Driverless Cars
  • Exploration
  • Urban Planning
  • Cartography
  • Meteorology
  • Other Applications (police LiDAR, gaming, robotics, and archeological surveys)

By Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • RoW
    • Middle East and Africa
    • GCC
    • Rest of MEA
    • South America

Recent Developments in LiDAR Industry

  • In October 2023, FARO announced the release of the FARO Orbis Mobile Scanner, a groundbreaking advancement to redefine 3D reality capture. Orbis is the first to market a hybrid SLAM scanner that can be used for mobile and stationary data capture in one device. It offers local or cloud-based data processing and collaboration. The product is the latest evolution in FARO’s industry-leading Simultaneous Localization and Mapping (SLAM)-enabled LiDAR technology.
  • In April 2023, Teledyne Optech introduced the marine lidar sensor, CL-360 for marine applications. This lidar sensor can be seamlessly integrated with high-resolution multibeam systems and the CARIS Ping-To-Chart workflow, allowing full above and below-water image capture with survey-grade accuracy in a single workflow.

Key Questions Addressed in the Report:

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 31)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
    1.4 STUDY SCOPE 
           1.4.1 MARKETS COVERED
                    FIGURE 1 LIDAR MARKET SEGMENTATION
           1.4.2 REGIONAL SCOPE
           1.4.3 YEARS CONSIDERED
           1.4.4 CURRENCY CONSIDERED
           1.4.5 UNITS CONSIDERED
    1.5 LIMITATIONS 
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
    1.8 IMPACT OF RECESSION 
           FIGURE 2 GDP GROWTH PROJECTION FOR MAJOR ECONOMIES TILL 2023
 
2 RESEARCH METHODOLOGY (Page No. - 38)
    2.1 RESEARCH DATA 
           FIGURE 3 LIDAR MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 List of major secondary sources
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interview participants
                    2.1.2.2 Breakdown of primaries
                    2.1.2.3 Key data from primary sources
                    2.1.2.4 Key industry insights
           2.1.3 SECONDARY AND PRIMARY RESEARCH
    2.2 MARKET SIZE ESTIMATION METHODOLOGY 
           FIGURE 4 LIDAR MARKET SIZE ESTIMATION METHODOLOGY
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
                               FIGURE 5 LIDAR MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
                               FIGURE 6 LIDAR MARKET: TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 7 LIDAR MARKET: DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS 
           FIGURE 8 LIDAR MARKET: RESEARCH ASSUMPTIONS
    2.5 RISK ASSESSMENT 
           TABLE 1 LIDAR MARKET: RISK ASSESSMENT
           2.5.1 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT
                    TABLE 2 LIDAR MARKET: PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT
    2.6 RESEARCH LIMITATIONS 
 
3 EXECUTIVE SUMMARY (Page No. - 49)
    FIGURE 9 GROUND-BASED INSTALLATION TO ACCOUNT FOR LARGER MARKET SHARE IN 2024
    FIGURE 10 SOLID-STATE LIDAR TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
    FIGURE 11 ADAS & DRIVERLESS CARS TO EXHIBIT HIGHEST CAGR BETWEEN 2024 AND 2029
    FIGURE 12 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF LIDAR MARKET IN 2023
 
4 PREMIUM INSIGHTS (Page No. - 55)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LIDAR MARKET 
           FIGURE 13 INCREASE IN SMART CITY DEVELOPMENT AND INFRASTRUCTURE PROJECTS TO DRIVE LIDAR MARKET
    4.2 LIDAR MARKET, BY TYPE 
           FIGURE 14 MECHANICAL LIDAR TO ACCOUNT FOR LARGER MARKET SHARE IN 2029
    4.3 LIDAR MARKET, BY COMPONENT 
           FIGURE 15 LASER SCANNERS TO DOMINATE LIDAR MARKET FROM 2024 TO 2029
    4.4 LIDAR MARKET, BY END-USE APPLICATION 
           FIGURE 16 ENVIRONMENT APPLICATION TO HOLD LARGEST MARKET SHARE IN 2029
    4.5 LIDAR MARKET IN ASIA PACIFIC, BY INSTALLATION AND COUNTRY 
           FIGURE 17 GROUND-BASED INSTALLATION AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC LIDAR MARKET IN 2023
    4.6 LIDAR MARKET, BY GEOGRAPHY 
           FIGURE 18 CHINA TO REGISTER HIGHEST CAGR IN LIDAR MARKET DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 59)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 19 LIDAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Rising adoption of UAV LiDAR systems to capture accurate evaluation data
                    5.2.1.2 Surging demand for 3D imaging solutions
                    5.2.1.3 Growing number of smart cities and infrastructure development projects
                    5.2.1.4 Rising deployment of 4D LiDAR technology in autonomous vehicles
                    5.2.1.5 Increasing enforcement of regulations related to commercial drone adoption in highway construction applications
                               FIGURE 20 LIDAR MARKET: DRIVERS AND THEIR IMPACT
           5.2.2 RESTRAINTS
                    5.2.2.1 Safety threats associated with UAVs and autonomous vehicles
                    5.2.2.2 Availability of low-cost and lightweight alternatives
                    5.2.2.3 High testing, engineering, and calibration costs
                               FIGURE 21 LIDAR MARKET: RESTRAINTS AND THEIR IMPACT
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Escalating investments in ADAS systems by automotive giants
                    5.2.3.2 Increasing development of quantum dot detectors
                    5.2.3.3 Rising popularity of compact and cost-effective flash LiDAR
                    5.2.3.4 Mounting development of advanced geospatial solutions
                    5.2.3.5 Increasing reliance on drones to gather key analytic data
                               FIGURE 22 LIDAR MARKET: OPPORTUNITIES AND THEIR IMPACT
           5.2.4 CHALLENGES
                    5.2.4.1 High cost of post-processing LiDAR software
                    5.2.4.2 Complexities related to miniaturized LiDAR sensing
                               FIGURE 23 LIDAR MARKET: CHALLENGES AND THEIR IMPACT
    5.3 VALUE CHAIN ANALYSIS 
           FIGURE 24 LIDAR MARKET: VALUE CHAIN ANALYSIS
           5.3.1 RESEARCH, DESIGN, AND DEVELOPMENT
           5.3.2 RAW MATERIAL SUPPLY
           5.3.3 LIDAR COMPONENT MANUFACTURING
           5.3.4 SYSTEM INTEGRATION
           5.3.5 SUPPLY AND DISTRIBUTION
           5.3.6 END-USE APPLICATION
    5.4 ECOSYSTEM/MARKET MAP 
           FIGURE 25 LIDAR ECOSYSTEM
           TABLE 3 COMPANIES AND THEIR ROLES IN LIDAR ECOSYSTEM
    5.5 AVERAGE SELLING PRICE ANALYSIS 
           5.5.1 AVERAGE SELLING PRICE TREND, BY COMPONENT, 2023 (USD)
                    TABLE 4 AVERAGE SELLING PRICE TREND, BY COMPONENT, 2023 (USD)
           5.5.2 AVERAGE SELLING PRICE TREND OF LIDAR COMPONENTS OFFERED BY KEY PLAYERS (USD)
                    FIGURE 26 AVERAGE SELLING PRICE TREND OF LIDAR COMPONENTS OFFERED BY KEY PLAYERS (USD)
                    TABLE 5 AVERAGE SELLING PRICE TREND OF LIDAR COMPONENTS OFFERED BY KEY PLAYERS (USD)
                    FIGURE 27 AVERAGE SELLING PRICE TREND, BY COMPONENT, 2020–2029 (USD)
    5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           FIGURE 28 LIDAR MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
    5.7 TECHNOLOGY ANALYSIS 
           5.7.1 KEY TECHNOLOGY
                    5.7.1.1 Frequency-modulated continuous-wave LiDAR
                    5.7.1.2 Photon counting LiDAR
                    5.7.1.3 Multi-wavelength LiDAR
           5.7.2 ADJACENT TECHNOLOGY
                    5.7.2.1 Metamaterials
                    5.7.2.2 In-car LiDAR
                    5.7.2.3 Artificial intelligence (AI) and machine learning (ML)
    5.8 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 29 LIDAR MARKET: PORTER’S FIVE FORCES ANALYSIS
           TABLE 6 PORTER’S FIVE FORCES: IMPACT ANALYSIS
           5.8.1 THREAT OF NEW ENTRANTS
           5.8.2 THREAT OF SUBSTITUTES
           5.8.3 BARGAINING POWER OF SUPPLIERS
           5.8.4 BARGAINING POWER OF BUYERS
           5.8.5 INTENSITY OF COMPETITIVE RIVALRY
    5.9 CASE STUDY ANALYSIS 
           5.9.1 VISIMIND PARTNERS WITH VELODYNE LIDAR TO INCREASE SAFETY AND SECURE DATA RELATED TO ENERGY DISTRIBUTION
           5.9.2 DRONE TECHNOLOGIES ADOPTS TRIMBLE INC.’S LIDAR SENSORS FOR TERRAIN MAPPING
           5.9.3 TS ENGINEERING PERFORMS HIGHWAY AERIAL MAPPING WITH TRUEVIEW 535 AND LP360 PROCESSING SOFTWARE
           5.9.4 CSX TRANSPORTATION UTILIZES PHOENIX LIDAR SCOUT SYSTEMS FOR RAILROAD SURVEYING
           5.9.5 MEASUREMENT SCIENCES INC. IMPLEMENTS LIDAR IN PIPELINE SURVEYS TO MAP LARGE VEGETATED AREAS EFFICIENTLY
    5.10 TARIFF AND REGULATORY LANDSCAPE 
           TABLE 7 MFN TARIFFS FOR LIDAR COMPONENTS EXPORTED BY US
           TABLE 8 MFN TARIFFS FOR LIDAR COMPONENTS EXPORTED BY CHINA
           5.10.1 REGULATIONS
                    5.10.1.1 Restriction of Hazardous Substances (RoHs) Directive
                    5.10.1.2 General Data Protection Regulation (GDPR)
                    5.10.1.3 Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH)
                    5.10.1.4 Import–export laws
           5.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.11 TRADE ANALYSIS 
           TABLE 13 IMPORT DATA FOR HS CODE 901320-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
           TABLE 14 EXPORT DATA FOR HS CODE 901320-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
    5.12 PATENT ANALYSIS 
           TABLE 15 PATENTS RELATED TO LIDAR
           TABLE 16 TOP 20 PATENT OWNERS IN LIDAR MARKET IN LAST 10 YEARS
           FIGURE 30 TOP 10 COMPANIES WITH SUBSTANTIAL NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
           FIGURE 31 NUMBER OF PATENTS GRANTED PER YEAR, 2013–2023
    5.13 KEY CONFERENCES AND EVENTS, 2023–2024 
           TABLE 17 LIDAR MARKET: LIST OF CONFERENCES AND EVENTS, 2023–2024
    5.14 KEY STAKEHOLDERS AND BUYING PROCESS 
           5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE APPLICATIONS
                    TABLE 18 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END-USE APPLICATIONS (%)
           5.14.2 BUYING CRITERIA
                    FIGURE 33 KEY BUYING CRITERIA FOR TOP THREE END-USE APPLICATIONS
                    TABLE 19 KEY BUYING CRITERIA FOR TOP THREE END-USE APPLICATIONS
 
6 LIDAR TECHNOLOGIES (Page No. - 95)
    6.1 INTRODUCTION 
    6.2 2D 
    6.3 3D 
    6.4 4D 
 
7 LIDAR MARKET, BY COMPONENT (Page No. - 97)
    7.1 INTRODUCTION 
           FIGURE 34 LIDAR MARKET, BY COMPONENT
           FIGURE 35 LASER SCANNERS TO DOMINATE LIDAR MARKET FROM 2024 TO 2029
           TABLE 20 LIDAR MARKET, BY COMPONENT, 2020–2023 (USD MILLION)
           TABLE 21 LIDAR MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
           TABLE 22 LIDAR MARKET, BY COMPONENT, 2020–2023 (THOUSAND UNITS)
           TABLE 23 LIDAR MARKET, BY COMPONENT, 2024–2029 (THOUSAND UNITS)
    7.2 LASER SCANNERS 
           7.2.1 INCREASING RESEARCH & DEVELOPMENT OF LASER SCANNERS FOR SURVEYING AND MAPPING APPLICATIONS TO FUEL SEGMENTAL GROWTH
    7.3 NAVIGATION & POSITIONING SYSTEMS 
           7.3.1 RISING NEED TO DETERMINE SENSOR POSITION AND ORIENTATION IN UAVS AND AIRCRAFT TO DRIVE SEGMENTAL GROWTH
           7.3.2 GPS
           7.3.3 IMU
    7.4 OTHER COMPONENTS 
 
8 LIDAR MARKET, BY TYPE (Page No. - 104)
    8.1 INTRODUCTION 
           FIGURE 36 LIDAR MARKET, BY TYPE
           FIGURE 37 MECHANICAL LIDAR TO ACCOUNT FOR LARGER MARKET SHARE IN 2029
           TABLE 24 LIDAR MARKET, BY TYPE, 2020–2023 (USD MILLION)
           TABLE 25 LIDAR MARKET, BY TYPE, 2024–2029 (USD MILLION)
    8.2 MECHANICAL 
           8.2.1 USE OF MECHANICAL LIDAR IN LARGE-SCALE ENVIRONMENT MAPPING TO CONTRIBUTE TO SEGMENTAL GROWTH
    8.3 SOLID-STATE 
           8.3.1 HIGH RESISTANCE TO SHOCKS AND VIBRATIONS TO BOOST DEMAND FOR SOLID-STATE LIDAR
 
9 LIDAR MARKET, BY INSTALLATION (Page No. - 108)
    9.1 INTRODUCTION 
           FIGURE 38 LIDAR MARKET, BY INSTALLATION
           FIGURE 39 GROUND-BASED INSTALLATION TO DOMINATE LIDAR MARKET FROM 2024 TO 2029
           TABLE 26 LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
           TABLE 27 LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
    9.2 AIRBORNE 
           TABLE 28 AIRBORNE: LIDAR MARKET, BY RANGE, 2020–2023 (USD MILLION)
           TABLE 29 AIRBORNE: LIDAR MARKET, BY RANGE, 2024–2029 (USD MILLION)
           TABLE 30 AIRBORNE: LIDAR MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)
           TABLE 31 AIRBORNE: LIDAR MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)
           TABLE 32 AIRBORNE: LIDAR MARKET, BY REGION, 2020–2023 (USD MILLION)
           TABLE 33 AIRBORNE: LIDAR MARKET, BY REGION, 2024–2029 (USD MILLION)
           TABLE 34 AIRBORNE: LIDAR MARKET, BY AIRCRAFT TYPE, 2020–2023 (USD MILLION)
           TABLE 35 AIRBORNE: LIDAR MARKET, BY AIRCRAFT TYPE, 2024–2029 (USD MILLION)
           TABLE 36 AIRBORNE: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
           TABLE 37 AIRBORNE: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
           9.2.1 TOPOGRAPHIC
                    9.2.1.1 Use of topographic LiDAR to capture physical features of land area to drive market
                               TABLE 38 TOPOGRAPHIC: LIDAR MARKET FOR AIRBORNE, BY END-USE APPLICATION, 2020–2023 (USD MILLION)
                               TABLE 39 TOPOGRAPHIC: LIDAR MARKET FOR AIRBORNE, BY END-USE APPLICATION, 2024–2029 (USD MILLION)
           9.2.2 BATHYMETRIC LIDAR
                    9.2.2.1 Development of airborne bathymetric LiDAR systems to map coastal zones to contribute to market growth
                               TABLE 40 BATHYMETRIC: LIDAR MARKET FOR AIRBORNE, BY END-USE APPLICATION, 2020–2023 (USD MILLION)
                               TABLE 41 BATHYMETRIC: LIDAR MARKET FOR AIRBORNE, BY END-USE APPLICATION, 2024–2029 (USD MILLION)
    9.3 GROUND-BASED 
           TABLE 42 GROUND-BASED: LIDAR MARKET, BY RANGE, 2020–2023 (USD MILLION)
           TABLE 43 GROUND-BASED: LIDAR MARKET, BY RANGE, 2024–2029 (USD MILLION)
           TABLE 44 GROUND-BASED: LIDAR MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)
           TABLE 45 GROUND-BASED: LIDAR MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)
           TABLE 46 GROUND-BASED: LIDAR MARKET, BY REGION, 2020–2023 (USD MILLION)
           TABLE 47 GROUND-BASED: LIDAR MARKET, BY REGION, 2024–2029 (USD MILLION)
           TABLE 48 GROUND-BASED: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
           TABLE 49 GROUND-BASED: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
           9.3.1 MOBILE
                    9.3.1.1 Deployment of mobile LiDAR technology in corridor mapping and meteorology applications to fuel segmental growth
                               TABLE 50 GROUND-BASED: MOBILE LIDAR MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)
                               TABLE 51 GROUND-BASED: MOBILE LIDAR MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)
           9.3.2 STATIC
                    9.3.2.1 Utilization of static LiDAR in engineering and exploration to accelerate segmental growth
                               TABLE 52 GROUND-BASED: STATIC LIDAR MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)
                               TABLE 53 GROUND-BASED: STATIC LIDAR MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)
 
10 LIDAR MARKET, BY RANGE (Page No. - 124)
     10.1 INTRODUCTION 
             FIGURE 40 LIDAR MARKET, BY RANGE
             FIGURE 41 SHORT-RANGE (0–200 M) LIDAR TO ACCOUNT FOR LARGEST SHARE OF LIDAR MARKET IN 2029
             TABLE 54 LIDAR MARKET, BY RANGE, 2020–2023 (USD MILLION)
             TABLE 55 LIDAR MARKET, BY RANGE, 2024–2029 (USD MILLION)
     10.2 SHORT (0–200 M) 
             10.2.1 ADOPTION OF SHORT-RANGE LIDAR TO AUTOMATE INDUSTRIAL OBJECT PROXIMITY SENSING TO BOOST SEGMENTAL GROWTH
     10.3 MEDIUM (200–500 M) 
             10.3.1 IMPLEMENTATION OF MEDIUM-RANGE LIDAR TO NAVIGATE AUTOMATED GUIDED VEHICLES TO ACCELERATE SEGMENTAL GROWTH
     10.4 LONG (ABOVE 500 M) 
             10.4.1 EMPLOYMENT OF LONG-RANGE LIDAR COMPONENTS FOR WIDE-AREA MAPPING TO FOSTER SEGMENTAL GROWTH
 
11 LIDAR MARKET, BY SERVICE (Page No. - 128)
     11.1 INTRODUCTION 
             FIGURE 42 LIDAR MARKET, BY SERVICE
             FIGURE 43 GEOGRAPHIC INFORMATION SYSTEM (GIS) SERVICES TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
             TABLE 56 LIDAR MARKET, BY SERVICE, 2020–2023 (USD MILLION)
             TABLE 57 LIDAR MARKET, BY SERVICE, 2024–2029 (USD MILLION)
     11.2 AERIAL SURVEYING 
             11.2.1 RELIANCE ON AERIAL LIDAR SURVEYS TO PROVIDE ACCURATE 3D MAPPING OF TERRIAN AND LANDSCAPES TO PROPEL MARKET
     11.3 ASSET MANAGEMENT 
             11.3.1 ADOPTION OF LIDAR IN TRANSMISSION LINE AND ROAD MAPPING PROJECTS TO FUEL SEGMENTAL GROWTH
     11.4 GEOGRAPHIC INFORMATION SYSTEM (GIS) SERVICES 
             11.4.1 CAPABILITY TO INTEGRATE LIDAR WITH GEOSPATIAL DATA TO AUGMENT DEMAND FOR GEOGRAPHIC INFORMATION SYSTEM (GIS) SERVICES
     11.5 GROUND-BASED SURVEYING 
             11.5.1 USE OF GROUND-BASED MONITORING SYSTEMS IN HIGH-VOLUME TRAFFIC STUDIES TO FOSTER SEGMENTAL GROWTH
     11.6 OTHER SERVICES 
 
12 LIDAR MARKET, BY END-USE APPLICATION (Page No. - 133)
     12.1 INTRODUCTION 
             FIGURE 44 LIDAR MARKET, BY END-USE APPLICATION
             FIGURE 45 ENVIRONMENT APPLICATION HELD LARGEST SHARE OF LIDAR MARKET IN 2023
             TABLE 58 LIDAR MARKET: BY END-USE APPLICATION, 2020–2023 (USD MILLION)
             TABLE 59 LIDAR MARKET: BY END-USE APPLICATION, 2024–2029 (USD MILLION)
     12.2 CORRIDOR MAPPING 
             TABLE 60 CORRIDOR MAPPING: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
             TABLE 61 CORRIDOR MAPPING: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             TABLE 62 CORRIDOR MAPPING: LIDAR MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 63 CORRIDOR MAPPING: LIDAR MARKET, BY TYPE, 2024–2029 (USD MILLION)
             12.2.1 ROADWAYS
                        12.2.1.1 Reliance on LiDAR technology to determine length of roads and terrain structure to foster segmental growth
             12.2.2 RAILWAYS
                        12.2.2.1 Use of LiDAR systems as cost-effective solution to map complete railway networks to propel market
             12.2.3 OTHER CORRIDOR MAPPING TYPES
     12.3 ENGINEERING 
             12.3.1 RELIANCE ON LIDAR-BASED SURVEY TO EXTRACT DATA RELATED TO GROUND ELEVATION TO CONTRIBUTE TO SEGMENTAL GROWTH
                        TABLE 64 ENGINEERING: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 65 ENGINEERING: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
     12.4 ENVIRONMENT 
             TABLE 66 ENVIRONMENT: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
             TABLE 67 ENVIRONMENT: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             TABLE 68 ENVIRONMENT: LIDAR MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 69 ENVIRONMENT: LIDAR MARKET, BY TYPE, 2024–2029 (USD MILLION)
             12.4.1 FOREST MANAGEMENT
                        12.4.1.1 Adoption of LiDAR technology to detect deforestation and forest loss to fuel segmental growth
             12.4.2 COASTLINE MANAGEMENT
                        12.4.2.1 Utilization of LiDAR systems to create accurate topographic maps of coastal areas to accelerate segmental growth
             12.4.3 POLLUTION MODELING
                        12.4.3.1 Implementation of LiDAR systems to determine carbon absorption in forests to drive market
             12.4.4 AGRICULTURE MAPPING
                        12.4.4.1 Use of LiDAR systems to increase crop viability and mapping to fuel segmental growth
             12.4.5 WIND FARM
                        12.4.5.1 Deployment of LiDAR technology to detect wind direction to accelerate segmental growth
             12.4.6 PRECISION FORESTRY
                        12.4.6.1 Utilization of LiDAR systems to make data-driven decisions related to forest dynamics to boost segmental growth
     12.5 ADAS & DRIVERLESS CARS 
             12.5.1 RELIANCE ON LIDAR TO ENSURE ACCURATE OBJECT DETECTION AND RECOGNITION BY ADAS & DRIVERLESS CARS TO PROPEL MARKET
                        TABLE 70 ADAS & DRIVERLESS CARS: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 71 ADAS & DRIVERLESS CARS: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
     12.6 EXPLORATION 
             TABLE 72 EXPLORATION: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
             TABLE 73 EXPLORATION: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             TABLE 74 EXPLORATION: LIDAR MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 75 EXPLORATION: LIDAR MARKET, BY TYPE, 2024–2029 (USD MILLION)
             12.6.1 OIL & GAS
                        12.6.1.1 Adoption of LiDAR photography solutions to identify threats along oil & gas pipelines to augment segmental growth
             12.6.2 MINING
                        12.6.2.1 Utilization of LiDAR solutions to provide exact mining location to drive market
     12.7 URBAN PLANNING 
             12.7.1 ADOPTION OF LIDAR TO OBTAIN DIGITAL MODELS OF CITIES AND DIGITAL SURFACE TO FUEL SEGMENTAL GROWTH
                        TABLE 76 URBAN PLANNING: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 77 URBAN PLANNING: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
                        TABLE 78 URBAN PLANNING: LIDAR MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 79 URBAN PLANNING: LIDAR MARKET, BY TYPE, 2024–2029 (USD MILLION)
     12.8 CARTOGRAPHY 
             12.8.1 UTILIZATION OF LIDAR COMPONENTS TO PRODUCE HIGH-RESOLUTION CONTOUR MAPS TO FOSTER SEGMENTAL GROWTH
                        TABLE 80 CARTOGRAPHY: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 81 CARTOGRAPHY: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
     12.9 METEOROLOGY 
             12.9.1 IMPLEMENTATION OF LIDAR TECHNOLOGY TO GAIN ACCURATE DATA ON ATMOSPHERIC GASES TO CONTRIBUTE TO SEGMENTAL GROWTH
                        TABLE 82 METEOROLOGY: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 83 METEOROLOGY: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
     12.10 OTHER END-USE APPLICATIONS 
             TABLE 84 OTHER END-USE APPLICATIONS: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
             TABLE 85 OTHER END-USE APPLICATIONS: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
 
13 LIDAR MARKET, BY REGION (Page No. - 155)
     13.1 INTRODUCTION 
             FIGURE 46 LIDAR MARKET, BY REGION
             FIGURE 47 NORTH AMERICA TO DOMINATE LIDAR MARKET FROM 2024 TO 2029
             TABLE 86 LIDAR MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 87 LIDAR MARKET, BY REGION, 2024–2029 (USD MILLION)
     13.2 NORTH AMERICA 
             13.2.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
                        FIGURE 48 NORTH AMERICA: LIDAR MARKET SNAPSHOT
                        TABLE 88 NORTH AMERICA: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 89 NORTH AMERICA: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
                        TABLE 90 NORTH AMERICA: LIDAR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 91 NORTH AMERICA: LIDAR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             13.2.2 US
                        13.2.2.1 Surging demand for drones for corridor mapping applications to propel market
                        13.2.2.2 Regulations for commercial drones in US
                                     TABLE 92 US: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                     TABLE 93 US: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.2.3 CANADA
                        13.2.3.1 Rising development of spatial data infrastructure to contribute to market growth
                        13.2.3.2 Regulations for commercial drones in Canada
                                     TABLE 94 CANADA: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                     TABLE 95 CANADA: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.2.4 MEXICO
                        13.2.4.1 Increasing emphasis on examining ancient archeological sites to foster market growth
                        13.2.4.2 Regulations for commercial drones in Mexico
                                     TABLE 96 MEXICO: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                     TABLE 97 MEXICO: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
     13.3 EUROPE 
             13.3.1 RECESSION IMPACT ON MARKET IN EUROPE
                        FIGURE 49 EUROPE: LIDAR MARKET SNAPSHOT
                        TABLE 98 EUROPE: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 99 EUROPE: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
                        TABLE 100 EUROPE: LIDAR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 101 EUROPE: LIDAR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             13.3.2 UK
                        13.3.2.1 Rising production of cost-effective terrain maps to assess flood risks to drive market
                        13.3.2.2 Regulations for commercial drones in UK
                                      TABLE 102 UK: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                      TABLE 103 UK: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.3.3 GERMANY
                        13.3.3.1 Increasing R&D of advanced automotive technologies to fuel market growth
                        13.3.3.2 Regulations for commercial drones in Germany
                                      TABLE 104 GERMANY: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                      TABLE 105 GERMANY: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.3.4 FRANCE
                        13.3.4.1 Rising demand for innovative technologies for corridor mapping to boost market growth
                        13.3.4.2 Regulations for commercial drones in France
                                      TABLE 106 FRANCE: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                      TABLE 107 FRANCE: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.3.5 ITALY
                        13.3.5.1 Growing need for infrastructure monitoring and coastline protection to augment demand for LiDAR components
                        13.3.5.2 Regulations for commercial drones in Italy
                                      TABLE 108 ITALY: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                      TABLE 109 ITALY: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.3.6 REST OF EUROPE
                        TABLE 110 REST OF EUROPE: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 111 REST OF EUROPE: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
     13.4 ASIA PACIFIC 
             13.4.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
                        FIGURE 50 ASIA PACIFIC: LIDAR MARKET SNAPSHOT
                        TABLE 112 ASIA PACIFIC: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 113 ASIA PACIFIC: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
                        TABLE 114 ASIA PACIFIC: LIDAR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 115 ASIA PACIFIC: LIDAR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             13.4.2 CHINA
                        13.4.2.1 Increasing development of advanced drone technologies to augment market growth
                        13.4.2.2 Regulations for commercial drones in China
                                     TABLE 116 CHINA: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                     TABLE 117 CHINA: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.4.3 JAPAN
                        13.4.3.1 Growing demand for autonomous vehicles to fuel market growth
                        13.4.3.2 Regulations for commercial drones in Japan
                                     TABLE 118 JAPAN: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                     TABLE 119 JAPAN: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.4.4 SOUTH KOREA
                        13.4.4.1 Rising emphasis on optimizing factory to accelerate market growth
                                     TABLE 120 SOUTH KOREA: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                     TABLE 121 SOUTH KOREA: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.4.5 INDIA
                        13.4.5.1 Increasing formulation of mandates on LiDAR adoption during highway construction to contribute to market growth
                        13.4.5.2 Regulations for commercial drones in India
                                     TABLE 122 INDIA: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                     TABLE 123 INDIA: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.4.6 REST OF ASIA PACIFIC
                        TABLE 124 REST OF ASIA PACIFIC: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 125 REST OF ASIA PACIFIC: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
     13.5 ROW 
             13.5.1 RECESSION IMPACT ON MARKET IN ROW
                        FIGURE 51 ROW: LIDAR MARKET SNAPSHOT
                        TABLE 126 ROW: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                        TABLE 127 ROW: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
                        TABLE 128 ROW: LIDAR MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 129 ROW: LIDAR MARKET, BY REGION, 2024–2029 (USD MILLION)
                        TABLE 130 MIDDLE EAST & AFRICA: LIDAR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 131 MIDDLE EAST AND AFRICA: LIDAR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             13.5.2 MIDDLE EAST & AFRICA
                        13.5.2.1 GCC countries
                                     13.5.2.1.1 Growing investments in urban planning and infrastructure development to contribute to market growth
                        13.5.2.2 Rest of Middle East & Africa
                                     13.5.2.2.1 Increasing demand for LiDAR solutions for natural resource management to drive market
                                                    TABLE 132 MIDDLE EAST & AFRICA: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                                    TABLE 133 MIDDLE EAST & AFRICA: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
             13.5.3 SOUTH AMERICA
                        13.5.3.1 Rising adoption of advanced technologies in exploration activities to fuel market growth
                                     TABLE 134 SOUTH AMERICA: LIDAR MARKET, BY INSTALLATION, 2020–2023 (USD MILLION)
                                     TABLE 135 SOUTH AMERICA: LIDAR MARKET, BY INSTALLATION, 2024–2029 (USD MILLION)
 
14 COMPETITIVE LANDSCAPE (Page No. - 190)
     14.1 OVERVIEW 
     14.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023 
             TABLE 136 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023
     14.3 REVENUE ANALYSIS OF TOP THREE PLAYERS, 2018–2022 
             FIGURE 52 REVENUE ANALYSIS OF TOP THREE PLAYERS, 2018–2022
     14.4 MARKET SHARE ANALYSIS, 2023 
             FIGURE 53 LIDAR MARKET SHARE ANALYSIS, 2023
             TABLE 137 LIDAR MARKET: DEGREE OF COMPETITION
     14.5 COMPANY EVALUATION MATRIX, 2023 
             14.5.1 STARS
             14.5.2 EMERGING LEADERS
             14.5.3 PERVASIVE PLAYERS
             14.5.4 PARTICIPANTS
                        FIGURE 54 LIDAR MARKET: COMPANY EVALUATION MATRIX, 2023
             14.5.5 COMPANY FOOTPRINT
                        TABLE 138 OVERALL COMPANY FOOTPRINT (24 COMPANIES)
                        TABLE 139 COMPANY END-USE APPLICATION FOOTPRINT (24 COMPANIES)
                        TABLE 140 COMPANY INSTALLATION FOOTPRINT (24 COMPANIES)
                        TABLE 141 COMPANY REGION FOOTPRINT (24 COMPANIES)
     14.6 START-UP/SME EVALUATION MATRIX, 2023 
             14.6.1 PROGRESSIVE COMPANIES
             14.6.2 RESPONSIVE COMPANIES
             14.6.3 DYNAMIC COMPANIES
             14.6.4 STARTING BLOCKS
                        FIGURE 55 LIDAR MARKET: START-UP/SME EVALUATION MATRIX, 2023
             14.6.5 COMPETITIVE BENCHMARKING
                        TABLE 142 START-UP/SME MATRIX: LIST OF KEY START-UPS/SMES
                        TABLE 143 LIDAR MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
     14.7 COMPETITIVE SCENARIOS AND TRENDS 
             14.7.1 PRODUCT LAUNCHES, MAY 2019–DECEMBER 2023
                        TABLE 144 LIDAR MARKET: PRODUCT LAUNCHES, MAY 2019–DECEMBER 2023
             14.7.2 DEALS, AUGUST 2019–DECEMBER 2023
                        TABLE 145 LIDAR MARKET: DEALS, AUGUST 2019 –DECEMBER 2023
 
15 COMPANY PROFILES (Page No. - 219)
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*  
     15.1 INTRODUCTION 
     15.2 KEY PLAYERS 
             15.2.1 LEICA GEOSYSTEMS AG
                        TABLE 146 LEICA GEOSYSTEMS AG: COMPANY OVERVIEW
                        TABLE 147 LEICA GEOSYSTEMS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 148 LEICA GEOSYSTEMS AG: PRODUCT LAUNCHES
                        TABLE 149 LEICA GEOSYSTEMS AG: DEALS
             15.2.2 TRIMBLE INC.
                        TABLE 150 TRIMBLE INC.: COMPANY OVERVIEW
                        FIGURE 56 TRIMBLE INC.: COMPANY SNAPSHOT
                        TABLE 151 TRIMBLE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 152 TRIMBLE INC.: PRODUCT LAUNCHES
                        TABLE 153 TRIMBLE INC.: DEALS
             15.2.3 TELEDYNE OPTECH
                        TABLE 154 TELEDYNE OPTECH: COMPANY OVERVIEW
                        TABLE 155 TELEDYNE OPTECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 156 TELEDYNE OPTECH: PRODUCT LAUNCHES
                        TABLE 157 TELEDYNE OPTECH: DEALS
             15.2.4 FARO
                        TABLE 158 FARO: COMPANY OVERVIEW
                        FIGURE 57 FARO: COMPANY SNAPSHOT
                        TABLE 159 FARO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 160 FARO: PRODUCT LAUNCHES
                        TABLE 161 FARO: DEALS
             15.2.5 OUSTER, INC.
                        TABLE 162 OUSTER, INC.: COMPANY OVERVIEW
                        FIGURE 58 OUSTER INC.: COMPANY SNAPSHOT
                        TABLE 163 OUSTER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 164 OUSTER, INC.: PRODUCT LAUNCHES
                        TABLE 165 OUSTER, INC.: DEALS
             15.2.6 RIEGL LASER MEASUREMENT SYSTEMS GMBH
                        TABLE 166 RIEGL LASER MEASUREMENT SYSTEM GMBH: COMPANY OVERVIEW
                        TABLE 167 RIEGL LASER MEASUREMENT SYSTEM GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 168 RIEGL LASER MEASUREMENT SYSTEM GMBH: PRODUCT LAUNCHES
                        TABLE 169 RIEGL LASER MEASUREMENT SYSTEM GMBH: DEALS
             15.2.7 SICK AG
                        TABLE 170 SICK AG: COMPANY OVERVIEW
                        FIGURE 59 SICK AG: COMPANY SNAPSHOT
                        TABLE 171 SICK AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 172 SICK AG: PRODUCT LAUNCHES
                        TABLE 173 SICK AG: DEALS
             15.2.8 NV5 GEOSPATIA
                        TABLE 174 NV5 GEOSPATIAL: COMPANY OVERVIEW
                        TABLE 175 NV5 GEOSPATIAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 176 NV5 GEOSPATIAL: PRODUCT LAUNCHES
                        TABLE 177 NV5 GEOSPATIAL: DEALS
             15.2.9 SURESTAR
                        TABLE 178 SURESTAR: COMPANY OVERVIEW
                        TABLE 179 SURESTAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 180 SURESTAR: PRODUCT LAUNCHES
                        TABLE 181 SURESTAR: DEALS
             15.2.10 YELLOWSCAN
                        TABLE 182 YELLOWSCAN: COMPANY OVERVIEW
                        TABLE 183 YELLOWSCAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 184 YELLOWSCAN: PRODUCT LAUNCHES
                        TABLE 185 YELLOWSCAN: DEALS
     15.3 OTHER PLAYERS 
             15.3.1 GEOKNO
                        TABLE 186 GEOKNO: COMPANY OVERVIEW
             15.3.2 PHOENIX LIDAR SYSTEMS
                        TABLE 187 PHOENIX LIDAR SYSTEMS: COMPANY OVERVIEW
             15.3.3 LEDDARTECH INC.
                        TABLE 188 LEDDARTECH INC.: COMPANY OVERVIEW
             15.3.4 QUANERGY SYSTEMS, INC.
                        TABLE 189 QUANERGY SYSTEMS, INC.: COMPANY OVERVIEW
             15.3.5 INNOVIZ TECHNOLOGIES LTD
                        TABLE 190 INNOVIZ TECHNOLOGIES LTD: COMPANY OVERVIEW
             15.3.6 LEOSPHERE
                        TABLE 191 LEOSPHERE: COMPANY OVERVIEW
             15.3.7 WAYMO LLC
                        TABLE 192 WAYMO LLC: COMPANY OVERVIEW
             15.3.8 VALEO
                        TABLE 193 VALEO: COMPANY OVERVIEW
             15.3.9 NEPTEC TECHNOLOGIES CORP.
                        TABLE 194 NEPTEC TECHNOLOGIES CORP.: COMPANY OVERVIEW
             15.3.10 ZX LIDARS
                        TABLE 195 ZX LIDARS: COMPANY OVERVIEW
             15.3.11 LIVOX
                        TABLE 196 LIVOX: BUSINESS OVERVIEW
             15.3.12 ROUTESCENE
                        TABLE 197 ROUTESCENE: COMPANY OVERVIEW
             15.3.13 NEXTCORE
                        TABLE 198 NEXTCORE: COMPANY OVERVIEW
             15.3.14 SABRE ADVANCED 3D SURVEYING SYSTEMS LTD
                        TABLE 199 SABRE ADVANCED 3D SURVEYING SYSTEMS: COMPANY OVERVIEW
             15.3.15 ROBOSENSE
                        TABLE 200 ROBOSENSE: COMPANY OVERVIEW
             15.3.16 LEISHEN INTELLIGENT SYSTEM
                        TABLE 201 LEISHEN INTELLIGENT SYSTEM: COMPANY OVERVIEW
             15.3.17 HESAI TECHNOLOGY
                        TABLE 202 HESAI TECHNOLOGY: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.  
 
16 APPENDIX (Page No. - 286)
     16.1 INSIGHTS FROM INDUSTRY EXPERTS 
     16.2 DISCUSSION GUIDE 
     16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     16.4 CUSTOMIZATION OPTIONS 
     16.5 RELATED REPORTS 
     16.6 AUTHOR DETAILS 
 

 

 

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.

LiDAR Market
 Size, and Share

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
 Size, and Bottom-Up Approach

LiDAR Market: Top-Down Approach

LiDAR Market
 Size, and 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

  • Senior Management
  • End User
  • Finance/Procurement Department
  • R&D Department

Report Objectives

  • 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
  • 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
  • To describe and forecast the market size for components, in terms of volume
  • To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and challenges influencing the market growth
  • To analyze the supply chain, trends/disruptions impacting customer business, market/ecosystem map, pricing analysis, and regulatory landscape pertaining to the LiDAR market.
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To describe in brief the value chain of light detection and ranging (LiDAR) solutions.
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
  • 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
  • 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
  • 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
  • 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

  • Product matrix that gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to 7)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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