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Asia Pacific Light Detection and Ranging System Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Asia Pacific
  • Allied Market Research
  • ID: 3773651
Light Detection and Ranging (LiDAR) system is another milestone in the technological advancements related for the application of surface mapping and detection. The system uses pulsed laser technology to measure variable distances from a source. The system can also be used for object detection and inspection applications. LiDAR systems are preferred over conventional surveying methods due to their ability to provide highly accurate data and 3D images in a shorter time. The rising demand for 3D imaging technology across various application areas such as entertainment, healthcare, defense and other sectors largely fuels the demand of these systems. Additional utility advantages of LiDAR in archaeological survey applications is gaining a massive adoption in the Asia-Pacific region. The low awareness about the benefits of LiDAR systems and the use of expensive components in LiDAR systems viz., laser scanner, navigation system, high-resolution 3D cameras, etc. are factors that restrain the adoption of LiDAR technology and hinder the market growth. However, the ongoing research and developments linked to the integration of LIDAR systems in driverless cars for obstacle detection and in avoiding collisions, will largely boost the adoption of these systems.

The Asia-Pacific LiDAR system market is segmented on the basis of type of LiDAR systems, components used, their application, end user sectors and country. Static or terrestrial, aerial, mobile and short range are the various types of LiDAR systems highlighted in the report. The components of LiDAR systems described are laser scanner, inertial navigation system, camera, GPS receiver and micro-electro-mechanical system. The report also includes corridor mapping, seismology, and applications related to exploration and detection. . End-user segment consists of LiDAR systems that are used across various industry verticals viz., defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining industry and transportation. The report analyzes the LiDAR market across various countries some of which include China, Japan, India, South Korea, Australia, and the Rest of Asia.

KEY BENEFITS

The study provides an in-depth analysis of the LiDAR market with current and future trends to elucidate the imminent investment pockets in the market.
Current and future trends are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
The report provides information regarding key drivers, restraints and opportunities with impact analysis.
Quantitative analysis of the current market and estimations through 2014-2020 are provided to showcase the financial caliber of the market.
Porters Five Forces model and SWOT analysis of the industry illustrate the potency of the buyers & suppliers participating in the market.
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.

LIGHT DETECTION AND RANGING SYSTEM MARKET KEY SEGMENTS

The LiDAR market is segmented on the type, components used, their application, end user sectors and country.

BY PRODUCT TYPE

Terrestrial / Static
Aerial
Mobile
Short-range

BY APPLICATION

Corridor mapping
Seismology
Exploration and detection
Others

BY COMPONENTS

Laser
Inertial navigation system
Camera
Gps/Gnss receiver
Micro Electro Mechanical System (MEMS)

MARKET BY END-USER

Defense and aerospace
Civil Engineering
Archaeology
Forestry and Agriculture
Mining Industry
Transportation

BY COUNTRY

China
Japan
India
South Korea
Australia
Rest of Asia

Key Players

Teledyne Optech
Airborne Hydrography Ab (Hexagon)
Faro Technology
RIEGL Laser measurement systems
Intermap Technologies Inc.
GeoConnexion Corporation
Optech Incorporated
Avent Lidar Technology
ZephIR, Inc.
Wira Kerjaya Group of Companies

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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