LiDAR Market

Corridor Mapping Expected To Emerge As A Major Application For Lidar Systems - New Revenue Pocket

Traditionally LiDAR has been used for forestry and topography applications to suffice the need of 3D mapping larger areas and creating a contour map. However, with technological developments, improvement in equipment handling and user experience, and price reduction number of niches and specific applications are adopting LiDAR technology. One such application is the corridor mapping application.

As the name suggests, Corridor mapping is mapped a particular stretch of area with certain specific installations. These installations can be transmission lines, telecommunication towers, or railway network. Electric utility firms frequently face the challenge of providing an adequate energy to markets due to ever-increasing demands. To stay up with these demands, utility firms are required to install new power lines (transmission and distribution) and maintain existing power cable corridors. Each effort needs comprehensive surveying and georeferenced measurements. Also, the increased penetration rate of mobile and wireless cellular devices has compelled service providers to provide better network coverage. Thus, network service providers are constantly planning and mapping the corridors for laying the relaying telecommunication towers. The LiDAR generated data has been found very suitable for topographic and geographic information and many telecommunication companies are starting to rely on LiDAR data sets for information on natural and man-made obstructions to lines and networks.

Due to the heavy demand from the end user side, the market revenue for corridor mapping application of LiDAR systems is estimated to grow at a healthy CAGR of more than 20% from 2013 to 2018. Mostly airborne or terrestrial types of LiDARs are used in open areas; whereas, mobile LiDARs are used in cities and around complex man-made structures. The only reason being the ease of navigation. With the huge demand from the end users, the corridor mapping is expected to touch $70 million by the year 2018.

Related Reports @     
LiDAR Market by Components (INS, Laser, GPS/GNSS, Camera, MEMS), Product Types (Airborne, Mobile, Terrestrial), Applications (Corridor Mapping, Forestry, Mining, Topographic Surveying, Volumetric Mapping) - Analysis & Forecast (2013 - 2018)

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Report Code
SE 3281
Published ON
May, 2018
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