LiDAR Market

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

Report Code: SE 3281 May, 2018, by marketsandmarkets.com

[151 Pages Report] The LiDAR market was valued at USD 677.5 Million in 2017 and is estimated to reach USD 1,809.5 Million by 2023, at a CAGR of 17.2% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the LiDAR market based on component, type, installation, range, service, application, and geography. The report provides detailed information regarding the major factors influencing the growth of the LiDAR market. The report also provides a detailed overview of the LiDAR value chain.

The research methodology used to estimate and forecast the LiDAR market begins with obtaining data through secondary research sources such as the International LiDAR Mapping Forum (ILMF), National Oceanic Atmospheric Administration (NOAA), and American Society for Photogrammetry and Remote Sensing (ASPRS). The offerings of LiDAR providers have also been considered to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the LiDAR market considering the revenues of key players. After arriving at the overall market size, the overall market has been split into several segments and subsegments, which is later verified through primary research by conducting extensive interviews with officials, such as CEOs, VPs, directors, and executives, holding key positions in the various companies operating in the LiDAR market. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the following figure.

LiDAR Market

To know about the assumptions considered for the study, download the pdf brochure

The key players operating in the LiDAR market are Teledyne Optech (Canada), Leica Geosystems (Switzerland), Reigl Laser Measurement Systems (Austria), Trimble (US), Faro Technologies (US), Quantum Spatial (Aerometric) (US), Velodyne LiDAR (US), Beijing Surestar Technology (Isurestar) (China), Geokno (India), and Sick AG (Germany).

Target Audience of the Report:

  • Raw material and manufacturing equipment suppliers
  • Original equipment manufacturers (OEMs) (semiconductor device manufacturers)
  • ODMs and OEMs for semiconductor technology equipment
  • Research organizations
  • Organizations, forums, alliances, and associations based on technology standards
  • Technology investors
  • Governments, financial institutions, and investment communities
  • Analysts and strategic business planners
  • End users

This study answers several questions for stakeholders, primarily regarding the market segments to focus on in the next 2–5 years for prioritizing efforts and investments.

Scope of the Report:

This research report segments the overall LiDAR market on the basis of component, type, installation, range, service, application, and geography.

LiDAR Market, by Component

  • Laser Scanners
  • Navigation and Positioning Systems
  • Other Components

LiDAR Market, by Type

  • Mechanical LiDAR
  • Solid-State LiDAR

LiDAR Market, by Installation

  • Airborne
  • Ground-Based

LiDAR Market, by Range

  • Short
  • Medium
  • Large

LiDAR Market, by Service

  • Aerial Surveying
  • Asset Management
  • GIS Services
  • Ground-Based Surveying
  • Other Services

LiDAR Market, by Application

  • Corridor Mapping
  • Engineering
  • Environment
  • ADAS & Driverless
  • Exploration
  • Urban Planning
  • Cartography
  • Metrology
  • Other Applications

LiDAR Market, by Geography

  • APAC
  • North America
  • Europe
  • RoW

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

  • Geographic Analysis
    • Further breakdown of the geography segment on the basis of countries
  • Company Information
    • Detailed analysis and profiling of additional market players on the basis of various blocks of the value chain

Get more insight on other verticals of Semiconductor and Electronics Market Research Reports & Consulting

The overall LiDAR market is to grow from USD 819.1 Million by 2018 to USD 1,809.5 Million by 2023, at a CAGR of 17.2%. The growth of this market is driven by the increasing use of drones equipped with LiDAR for greater accuracy, growing demand for the 3D imaging technology, and developments in the LiDAR ecosystem through organic and inorganic growth strategies, such as product launches and developments, agreements, contracts, partnerships, collaborations, acquisitions, and expansions.

The market for solid-state LiDAR is expected to grow at the highest CAGR during the forecast period. This growth of this segment is attributed to the increasing applications of this type in the automotive and robotics industries. In a solid-state LiDAR, the entire components, such as scanner and precision clock, are integrated on one or two chips to reduce its size and cost. The low cost of these systems enables combining two or more sensors to increase the area coverage and meet the specific requirements of the planned application.

The ground-based LiDAR systems are expected to hold a major share of the market during the forecast period. The ground-based LiDAR systems are either stationary or movable. They are placed on a moving platform such as sports utility vehicle (SUV) or all-terrain vehicle (ATV) with the help of a tripod and balancing assembly. The ground-based LiDAR systems cost less and have less stringent approval criteria for mapping or survey, which leads to the larger size of these systems in LiDAR market.

Among applications, the LiDAR market for ADAS and driverless car is expected to grow at the highest CAGR between 2018 and 2023. The growing adoption of solid-state LiDAR in ADAS and driverless cars for assuring safety is expected to boost the market in the coming years. Moreover, automotive giants are adopting LiDAR systems for their L3 level vehicles to boost the sales of these vehicles.

LiDAR Market

The market in APAC is expected to grow at the highest CAGR between 2018 and 2023. Increasing awareness among customer regarding the benefits of LiDAR systems in various application and government support are the factors contributing to the high growth of this market. Moreover, the regional development in APAC, especially in countries such as China and India, is expected to contribute to the growing demand for LiDAR systems in this region.

The key market players such as Teledyne Optech (Canada), Leica Geosystems (Switzerland), Reigl Laser Measurement Systems (Austria), Trimble (US), and Faro Technologies (US), Quantum Spatial (Aerometric) (US), Velodyne LiDAR (US), Beijing Surestar Technology (Isurestar) (China), Geokno (India), and Sick AG (Germany) are focusing on product launches and developments, agreements, contracts, partnerships, collaborations, acquisitions, and expansions to enhance their portfolio of product offerings and expand their business.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for Study
    1.4 Currency
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Growth Opportunities in LiDAR Market
    4.2 LiDAR Market, By Application
    4.3 LiDAR Market, By Region and Application
    4.4 LiDAR Market, By Type

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Use of Drones Equipped With LiDAR for Greater Accuracy
                    5.2.1.2 Growing Demand for The 3D Imaging Technology
                    5.2.1.3 Encouragement From The Governments and Institutes for The Adoption of LiDAR
                    5.2.1.4 Application of LiDAR in Engineering Projects
                    5.2.1.5 Introduction of Technologically Enhanced LiDAR
                    5.2.1.6 Automation of LiDAR Systems Leading to Increased Efficiency and Reduced Human Intervention
           5.2.2 Restraints
                    5.2.2.1 Environmental Traits Affecting The Performance of LiDAR Systems
           5.2.3 Opportunities
                    5.2.3.1 Increasing Number of New Applications Demanding LiDAR Technology
                    5.2.3.2 Vertical Forward Integration
                    5.2.3.3 Deployment of LiDAR Components in The Automotive Sector
           5.2.4 Challenges
                    5.2.4.1 High Cost of LiDAR Services for Surveying Applications
    5.3 Value Chain Analysis
           5.3.1 LiDAR Market Value Chain
           5.3.2 Laser Scanner Value Chain Analysis

6 LiDAR Market, By Component (Page No. - 44)
    6.1 Introduction
    6.2 Laser Scanners
    6.3 Navigation and Positioning Systems
           6.3.1 Global Positioning System (GPS)
           6.3.2 Inertial Measurement Unit (IMU)
    6.4 Other Components
           6.4.1 Camera
           6.4.2 High-Precision Clock
           6.4.3 Other Accessories

7 LiDAR Market, By Type (Page No. - 49)
    7.1 Introduction
    7.2 Mechanical LiDAR
    7.3 Solid-State LiDAR

8 LiDAR Market, By Installation (Page No. - 52)
    8.1 Introduction
    8.2 Airborne
           8.2.1 Topographic
           8.2.2 Bathymetric
    8.3 Ground-Based
           8.3.1 Mobile
           8.3.2 Static

9 LiDAR Market, By Range (Page No. - 66)
    9.1 Introduction
    9.2 Short
    9.3 Medium
    9.4 Large

10 LiDAR Market, By Service (Page No. - 71)
     10.1 Introduction
             10.1.1 LiDAR Data Processing
                        10.1.1.1 Data Acquisition
                        10.1.1.2 Point Cloud Classification
                        10.1.1.3 3D Visualization
     10.2 Aerial Surveying
     10.3 Asset Management
     10.4 GIS Services
     10.5 Ground-Based Surveying
     10.6 Other Services

11 LiDAR Market, By Application (Page No. - 76)
     11.1 Introduction
     11.2 Corridor Mapping
             11.2.1 Roadways
             11.2.2 Railways
             11.2.3 Others
     11.3 Engineering
     11.4 Environment
             11.4.1 Forest Management
             11.4.2 Coastline Management
             11.4.3 Pollution Modeling
             11.4.4 Agriculture
             11.4.5 Wind Farm
             11.4.6 Precision Forestry
     11.5 ADAS & Driverless Cars
     11.6 Exploration
             11.6.1 Oil & Gas
             11.6.2 Mining
     11.7 Urban Planning
     11.8 Cartography
     11.9 Meteorology
     11.10 Other Applications
             11.10.1 Police LiDAR
             11.10.2 Gaming
             11.10.3 Robotics

12 Geographic Analysis (Page No. - 90)
     12.1 Introduction
     12.2 North America
             12.2.1 US
             12.2.2 Canada
             12.2.3 Mexico
     12.3 Europe
             12.3.1 UK
             12.3.2 France
             12.3.3 Germany
             12.3.4 Rest of Europe
     12.4 Asia Pacific
             12.4.1 China
             12.4.2 Japan
             12.4.3 South Korea
             12.4.4 India
             12.4.5 Rest of APAC
     12.5 Rest of The World
             12.5.1 Middle East and Africa
             12.5.2 South America

13 Competitive Landscape (Page No. - 104)
     13.1 Introduction
     13.2 Market Ranking Analysis, 2017
     13.3 Competitive Scenario
             13.3.1 Product Launches & Developments
             13.3.2 Agreements and Contracts
             13.3.3 Partnerships and Collaborations
             13.3.4 Mergers & Acquisitions and Expansions

14 Company Profile (Page No. - 109)
     14.1 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
             14.1.1 Teledyne Optech
             14.1.2 Leica Geosystems
             14.1.3 Riegl Laser Measurement Systems
             14.1.4 Trimble
             14.1.5 Faro Technologies
             14.1.6 Quantum Spatial (Aerometric)
             14.1.7 Beijing Surestar Technology (Isurestar)
             14.1.8 Velodyne LiDAR
             14.1.9 Geokno
             14.1.10 Sick AG
             14.1.11 Yellowscan
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
     14.2 Other Key Players
             14.2.1 Leddartech
             14.2.2 Geodigital
             14.2.3 Topcon Positioning Systems
             14.2.4 Blom
             14.2.5 Michael Baker International
     14.3 Start-Up Ecosystem
             14.3.1 Quanergy Systems
             14.3.2 Innoviz Technologies
             14.3.3 Delair
             14.3.4 Phoenix LiDAR
             14.3.5 Precisionhawk

15 Appendix (Page No. - 143)
     15.1 Discussion Guide
     15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.3 Introducing RT: Real-Time Market Intelligence
     15.4 Available Customizations
     15.5 Related Reports
     15.6 Author Details


List of Tables (68 Tables)

Table 1 Government Investments in Infrastructure, 1992–2011
Table 2 Passenger Cars and Light Commercial Vehicles Production, 2013–2016
Table 3 LiDAR Market, By Component, 2015–2023 (USD Million)
Table 4 LiDAR Market, By Type, 2015–2023 (USD Million)
Table 5 Market for Solid-State LiDAR, By Application, 2015–2023 (USD Million)
Table 6 LiDAR Market, By Installation, 2015–2023 (USD Million)
Table 7 Market for Airborne LiDAR, By Installation Type, 2015–2023 (USD Million)
Table 8 Market for Airborne LiDAR, By Range, 2015–2023 (USD Million)
Table 9 Market for Airborne LiDAR, By Application, 2015–2023 (USD Million)
Table 10 Market for Airborne LiDAR, By Region, 2015–2023 (USD Million)
Table 11 Market for Airborne LiDAR, By Aircraft Type, 2015–2023 (USD Million)
Table 12 Market for Uav LiDAR, By Application, 2015–2023 (USD Million)
Table 13 Market for Topographic Airborne LiDAR, By Application, 2015–2023 (USD Million)
Table 14 Market for Topographic Airborne LiDAR, By Region, 2015–2023 (USD Million)
Table 15 Market for Bathymetric Airborne LiDAR, By Application, 2015–2023 (USD Million)
Table 16 Market for Bathymetric Airborne LiDAR, By Region, 2015–2023 (USD Million)
Table 17 Market for Ground-Based LiDAR, By Installation Type, 2015–2023 (USD Million)
Table 18 Market for Ground-Based LiDAR, By Range, 2015–2023 (USD Million)
Table 19 Market for Ground-Based LiDAR, By Application, 2015–2023 (USD Million)
Table 20 Market for Ground-Based LiDAR, By Region, 2015–2023 (USD Million)
Table 21 Market for Mobile Ground-Based LiDAR, By Application, 2015–2023 (USD Million)
Table 22 Market for Mobile Ground-Based LiDAR, By Range, 2015–2023 (USD Million)
Table 23 Market for Mobile Ground-Based LiDAR, By Region, 2015–2023 (USD Million)
Table 24 Market for Static Ground-Based LiDAR, By Application, 2015–2023 (USD Million)
Table 25 Market for Static Ground-Based LiDAR, By Range, 2015–2023 (USD Million)
Table 26 Market for Static Ground-Based LiDAR, By Region, 2015–2023 (USD Million)
Table 27 LiDAR Market, By Range, 2015–2023 (USD Million)
Table 28 Market for Short-Range LiDAR, By Installation, 2015–2023 (USD Million)
Table 29 Market for Short-Range LiDAR, By Ground-Based Installation Type, 2015–2023 (USD Million)
Table 30 Market for Medium-Range LiDAR, By Ground-Based Installation Type, 2015–2023 (USD Million)
Table 31 Market, By Service, 2015–2023 (USD Billion)
Table 32 LiDAR Market, By Application, 2015–2023 (USD Million)
Table 33 Market for Corridor Mapping, By Application Type, 2015–2023 (USD Million)
Table 34 Market for Corridor Mapping, By Installation, 2015–2023 (USD Million)
Table 35 LiDAR Market for Engineering, By Installation, 2015–2023 (USD Million)
Table 36 Market for Environment, By Application Type, 2015–2023 (USD Million)
Table 37 LiDAR Market for Environment, By Installation, 2015–2023 (USD Million)
Table 38 Airborne Market for Environment, By Installation Type, 2015–2023 (USD Million)
Table 39 Ground–Based Market for Environment, By Installation Type, 2015–2023 (USD Million)
Table 40 LiDAR Market for Exploration, By Application Type, 2015–2023 (USD Million)
Table 41 LiDAR Market for Exploration, By Installation, 2015–2023 (USD Million)
Table 42 Market for Urban Planning, By Application Type, 2015–2023 (USD Million)
Table 43 LiDAR Market for Urban Planning, By Installation, 2015–2023 (USD Million)
Table 44 Airborne Market for Urban Planning, By Installation Type, 2015–2023 (USD Million)
Table 45 LiDAR Market for Other Applications, By Installation, 2015–2023 (USD Million)
Table 46 Airborne Market for Other Applications, By Installation Type, 2015–2023 (USD Million)
Table 47 LiDAR Market, By Region, 2015–2023 (USD Million)
Table 48 LiDAR Market in North America, By Country, 2015–2023 (USD Million)
Table 49 Market in North America, By Installation, 2015–2023 (USD Million)
Table 50 Airborne LiDAR Market in North America, By Installation Type, 2015–2023 (USD Million)
Table 51 Ground-Based Market in North America, By Installation Type, 2015–2023 (USD Million)
Table 52 LiDAR Market in Europe, By Country, 2015–2023 (USD Million)
Table 53 Market in Europe, By Installation, 2015–2023 (USD Million)
Table 54 Airborne Market in Europe, By Installation Type, 2015–2023 (USD Million)
Table 55 Ground-Based LiDAR Market in Europe, By Installation Type, 2015–2023 (USD Million)
Table 56 LiDAR Market in APAC, By Country, 2015–2023 (USD Million)
Table 57 Market in APAC, By Installation, 2015–2023 (USD Million)
Table 58 Airborne Market in APAC, By Installation Type, 2015–2023 (USD Million)
Table 59 Ground-Based LiDAR Market in APAC, By Installation Type, 2015–2023 (USD Million)
Table 60 Market in RoW, By Region, 2015–2023 (USD Million)
Table 61 Market in RoW, By Installation, 2015–2023 (USD Million)
Table 62 Airborne Market in RoW, By Installation Type, 2015–2023 (USD Million)
Table 63 Ground-Based Market in RoW, By Installation Type, 2015–2023 (USD Million)
Table 64 Ranking of Top 5 Players in LiDAR Market
Table 65 Product Launches and Developments, 2017
Table 66 Agreements and Contracts, 2015–2017
Table 67 Partnerships and Collaboration, 2016–2017
Table 68 Mergers & Acquisitions and Expansions, 2015–2017


List of Figures (38 Figures)

Figure 1 LiDAR Market: Research Design
Figure 2 Research Flow of Market Size Estimation
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Topographic Airborne LiDAR Held A Larger Size of Airborne LiDAR Market in 2017
Figure 7 North American LiDAR Market, By Country, 2018–2023
Figure 8 LiDAR Market for ADAS and Driverless Cars to Grow at Highest CAGR Between 2018 and 2023
Figure 9 North America to Hold Largest Market Share of LiDAR Market By 2018
Figure 10 Encouragement From Governments and Institutes for Adoption of LiDAR Drives Growth of LiDAR Market
Figure 11 Market for ADAS and Driverless Cars to Grow at Highest CAGR During Forecast Period
Figure 12 North America to Hold Largest Share of Market By 2023
Figure 13 Market for Solid-State LiDAR to Grow at Higher CAGR Between 2018 and 2023
Figure 14 Increasing Use of Drones is The Major Driver for LiDAR Market
Figure 15 LiDAR Market: Major Value Added During LiDAR Data Collection & Processing, and Value-Added Services
Figure 16 Laser Scanner: Maximum Value Added During LiDAR System Integration
Figure 17 LiDAR Market, By Component
Figure 18 Laser Scanners to Hold Largest Size of Market in 2018
Figure 19 Market for Solid-State LiDAR to Grow at Higher CAGR Between 2018 and 2023
Figure 20 Market for Ground-Based LiDAR to Grow at Higher CAGR Between 2018 and 2023
Figure 21 Market for Mobile Ground-Based LiDAR to Grow at A Higher CAGR During Forecast Period
Figure 22 LiDAR Market, By Range
Figure 23 Market for Medium-Range LiDAR to Grow at Highest CAGR During Forecast Period
Figure 24 LiDAR Market, By Service
Figure 25 Market for GIS Services to Grow at Highest CAGR During Forecast Period
Figure 26 LiDAR Market, By Application
Figure 27 LiDAR Market for ADAS and Driverless Cars to Grow at Highest CAGR During Forecast Period
Figure 28 Ground-Based LiDAR to Hold Larger Size of LiDAR Market for Environment in 2018
Figure 29 North America to Hold Largest Size of Market in 2018
Figure 30 Snapshot: LiDAR Market in North America
Figure 31 Snapshot: Market in Europe
Figure 32 Snapshot: LiDAR Market in APAC
Figure 33 Companies Adopted Product Launches and Developments as Key Growth Strategies Between 2015 and 2017
Figure 34 Teledyne Optech: Company Snapshot
Figure 35 Leica Geosystems: Company Snapshot
Figure 36 Trimble: Company Snapshot
Figure 37 Faro Technologies: Company Snapshot
Figure 38 Sick AG: Company Snapshot


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