LIDAR Market by Product, Application, Component, Services, and Geography - Global Forecast to 2022

  • ID: 4189909
  • Report
  • Region: Global
  • 160 Pages
  • Markets and Markets
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LiDAR Market worth 5,204.8 Million USD by 2022

FEATURED COMPANIES

  • Faro Technologies
  • Innoviz Technologies Ltd
  • Leica Geosystems
  • Sick AG
  • Teledyne Optech Inc.
  • Velodyne Lidar, Inc.
  • MORE

'LIDAR Market by Product (Aerial, Ground-Based, UAV, and Solid-State), Application (Corridor Mapping, Engineering, ADAS & Driverless Car, Exploration, Urban Planning, Cartography, & Meteorology), Component, Services, and Geography - Global Forecast to 2022'

“LiDAR market expected to exhibit rapid growth between 2017 and 2022”

The market was valued at USD 1,429.7 million in 2016 and is expected to reach USD 5,204.8 million by 2022, at a CAGR of 25.8% between 2017 and 2022. The major factors which drive the market are a rise in encouragement from the governments and institutes for the adoption of LiDAR, increasing application of LiDAR in engineering projects, and technological superiority of LiDAR technology.

“LiDAR market for ADAS and driverless cars is expected to grow at a rapid rate”

ADAS and driverless car application segment is expected to show remarkable growth during the forecast period. This growth can be attributed to the growing investment in the automotive industry for autonomous or driverless cars and increasing use of solid-state LiDAR in automotive applications for advanced driver assistance systems (ADAS).

“Solid-state LiDAR expected to hold the largest size of the LiDAR market during the forecast period”

The market for solid-state segment is expected to grow at the highest rate during the forecast period. Increasing investment in ADAS and driverless cars is a major factor driving the market for solid-state LiDAR. Increasing application of solid-state LiDAR in the automotive industry is accelerating the speed of its development. Solid-state LiDAR systems are used to analyze and scan the environment; they make 3D images and process these images to perform controlling functions for driverless cars. Moreover, in ADAS application, they assist the driver in the driving process, ensuring safety and better driving.

“LiDAR market for laser scanners is expected to grow at a rapid pace between 2017 and 2022”

The market for laser scanners is expected to grow at the highest CAGR during the forecast period. The laser scanner is used to scan and to generate 3D images of the scanned areas. A rapid development of laser technology and increasing demand for LiDAR system contribute to the highest growth rate of the market for laser scanners. Laser scanners provide a high degree of accuracy, deliver better image quality, and can operate in extreme and challenging environments to collect, exploit, and distribute vital information efficiently.

“LiDAR market in North America expected to grow at the highest rate between 2017 and 2022”

The market in North America is expected to grow at the highest CAGR during the forecast period. Growing awareness, increasing adoption of LiDAR in various applications, and easy functionality, better quality, less complexity, and improved features are the factors fueling the growth of the market in the region.

Breakdown of the profile of primary participants:

  • By Company Type: Tier 1 = 55%, Tier 2 = 20%, and Tier 3 = 25%
  • By Designation: C-Level = 75%, and Managers = 25%
  • By Region: North America = 20%, APAC = 40%, Europe = 30% and RoW = 10%

Major players operating in the LiDAR market are Teledyne Optech Inc. (Canada), Leica Geosystems (Sweden), Riegl Laser Measurement Systems GmbH (Austria), Trimble Navigation Limited (U.S.), FARO Technologies (U.S.). Quantum Spatial (U.S.), Beijing Beike Technology Co., Ltd (isurestar) (China), Velodyne Lidar, Inc.(U.S.), Yellowscan (France), Geokno India Pvt. Ltd. (India), Trimble Inc. (U.S.), and SICK AG (Germany).

Research Coverage:

In this report, various segments such as product, application, component, services, and geography have been covered. It also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. The report gives a detailed view of the market across four main regions: North America, Europe, APAC, and RoW. The Porter’s five forces analysis has been included in the report, along with the description of each of its forces and their impact on the market.

Reasons to buy the report:

  • This report includes the market statistics pertaining to product, application, component, services, and geography.
  • The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the LiDAR market.
  • Major drivers, restraints, challenges, and opportunities for the LiDAR market have been detailed in this report.
  • Illustrative segmentation, analysis, and forecast for markets based on product, application, component, services, and geography have been conducted to give an overall view of the market.
  • A detailed competitive landscape is given that includes key players, revenue of key players, and strategic developments.
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FEATURED COMPANIES

  • Faro Technologies
  • Innoviz Technologies Ltd
  • Leica Geosystems
  • Sick AG
  • Teledyne Optech Inc.
  • Velodyne Lidar, Inc.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data From the Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insight
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumption

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in the LIDAR Equipment Market
4.2 LIDAR Market, By Application
4.3 LIDAR Market in North America, By Product
4.4 LIDAR Market, By Product

5 Market Overview
5.1 Introduction
5.2 LIDAR Lite
5.3 Evolution
5.3.1 3D Lidar
5.4 Market Segmentation
5.4.1 LIDAR Market, By Product
5.4.2 LIDAR Market, By Component
5.4.3 LIDAR Market, By Application
5.4.4 LIDAR Market, By Service
5.4.5 LIDAR Market, By Geography
5.5 Market Dynamics
5.5.1 Drivers
5.5.1.1 Encouragement From the Governments and Institutes for Adoption of LIDAR
5.5.1.2 Continuously Increasing Use of Drones in Various Applications
5.5.1.3 LIDAR Application in Engineering Projects and Large-Magnitude Set
5.5.1.4 Technological Superiority of LIDAR
5.5.1.5 Automation in LIDAR Systems Leading to Increased Efficiency and Reduced Human Efforts
5.5.1.6 Rise in Demand for Robust Security and Sensor Accuracy
5.5.2 Restraints
5.5.2.1 High Cost of LIDAR and High Expense in Surveying Application
5.5.2.2 Lack of Awareness Among Customers
5.5.3 Opportunities
5.5.3.1 Vertical Forward Integration
5.5.3.2 Automotive Sector Offers New Opportunities for the LIDAR Market
5.5.4 Challenges
5.5.4.1 Environment Constraints Pose a Challenge for the Use of LIDAR

6 Industry Trend
6.1 Value Chain Analysis
6.1.1 LIDAR Market Value Chain
6.1.2 Laser Scanner Value Chain Analysis
6.2 Porter’s Five Forces Analysis
6.2.1 Threat of Substitutes
6.2.2 Bargaining Power of Suppliers
6.2.3 Bargaining Power of Buyers
6.2.4 Threat of New Entrants
6.2.5 Degree of Competition
6.3 Regulatory Data

7 LIDAR Market, By Component
7.1 Introduction
7.2 Laser Scanners
7.3 Navigation and Positioning Systems
7.3.1 Global Positioning System (GPS)
7.3.2 Inertial Measurement Unit (IMU)
7.4 Others
7.4.1 Camera
7.4.2 High-Precision Clock
7.4.3 Other Accessories

8 LIDAR Market, By Product
8.1 Introduction
8.2 Aerial LIDAR
8.2.1 Topography Aerial LIDAR
8.2.2 Bathymetric Aerial LIDAR
8.3 Ground-Based Lidar
8.3.1 Mobile Ground-Based LIDAR
8.3.2 Static Ground-Based LIDAR
8.4 UAV Lidar
8.5 Solid-State LIDAR

9 LIDAR Market, By Application
9.1 Introduction
9.2 Corridor Mapping
9.2.1 Roadways
9.2.2 Railways
9.2.3 Others
9.3 Engineering
9.4 Environment
9.4.1 Forest Management
9.4.2 Coastline Management
9.4.3 Pollution Modeling
9.4.4 Agriculture
9.4.5 Wind Farm
9.4.6 Precision Forestry
9.5 Adas and Driverless Cars
9.6 Exploration
9.6.1 Oil & Gas
9.6.2 Mining
9.7 Urban Planning
9.7.1 Tourism and Parks Management
9.8 Cartography
9.9 Meteorology
9.10 Others
9.10.1 Police LIDAR
9.10.2 Robotics

10 LIDAR Market, By Service
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 Creation of 3D Visualization
10.2 Aerial Surveying
10.3 Asset Management
10.4 GIS Service
10.5 Ground-Based Surveying
10.6 Mapping and Modeling
10.7 Others

11 Geographical Analysis
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K.
11.3.2 France
11.3.3 Germany
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 South Korea
11.4.4 India
11.4.5 Rest of Apac
11.5 Rest of the World
11.5.1 Middle East and Africa
11.5.2 South America

12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking Analysis: LIDAR Market
12.3 Competitive Analysis
12.3.1 New Product Launches and Developments
12.3.2 Partnerships, Collaborations, Agreements, and Expansions
12.3.3 Mergers and Acquisitions
12.3.4 Other Strategies

13 Company Profile
13.1 Introduction
13.2 Quantum Spatial (Aerometric, Inc.)
13.3 Faro Technologies
13.4 Beijing Beike Technology Co., Ltd (Isurestar)
13.5 Leica Geosystems
13.6 Teledyne Optech Inc.
13.7 Riegl Laser Measurement Systems Gmbh
13.8 Velodyne LIDAR, Inc.
13.9 Yellowscan
13.10 Geokno India Pvt. Ltd.
13.11 Trimble Inc.
13.12 Sick AG
13.13 Startup Ecosystem
13.13.1 Quanergy Systems, Inc.
13.13.2 Innoviz Technologies Ltd
13.13.3 Innoluce BV, an Infineon Company
13.13.4 Leddartech

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables:
Table 1 LIDAR Market, 2014-2022 (USD Million)
Table 2 Government Investments in Infrastructure, 1992-2011
Table 3 Passenger Cars and Light Commercial Vehicles Production, 2013-2016
Table 4 LIDAR Market: Regulatory Data
Table 5 LIDAR Market, By Component, 2014-2022 (USD Million)
Table 6 LIDAR Market, By Product, 2014-2022 (USD Thousand)
Table 7 LIDAR Market, By Product, 2014-2022 (USD Million)
Table 8 Market for Aerial LIDAR, By Product, 2014-2022 (USD Million)
Table 9 Market for Aerial LIDAR, By Application, 2014-2022 (USD Million)
Table 10 Market for Aerial Lidar, By Region, 2014-2022 (USD Million)
Table 11 Aerial LIDARMarket for Bathymetric, By Application, 2014-2022 (USD Million)
Table 12 Market for Topography Aerial LIDAR Systems, By Application, 2014-2022 (USD Million)
Table 13 Market for Topography Aerial LIDAR, By Region, 2014-2022 (USD Million)
Table 14 Market for Bathymetric Aerial LIDAR, By Application, 2014-2022 (USD Million)
Table 15 Market for Bathymetric Aerial Lidar, By Region, 2014-2022 (USD Million)
Table 16 Market for Ground-Based LIDAR, By Product, 2014-2022 (USD Million)
Table 17 Market for Ground-Based LIDAR, By Application, 2014-2022 (USD Million)
Table 18 Market for Ground-Based LIDAR, By Region, 2014-2022 (USD Million)
Table 19 Ground Based LIDAR Market for Static LIDAR, By Application, 2014-2022 (USD Million)
Table 20 Market for Mobile Ground-Based LIDAR, By Application, 2014-2022 (USD Million)
Table 21 Market for Mobile Ground-Based LIDAR, By Region,2014-2022 (USD Million)
Table 22 Market for Static Ground-Based LIDAR, By Application, 2014-2022 (USD Million)
Table 23 Market for Static Ground-Based LIDAR, By Region, 2014-2022 (USD Million)
Table 24 Market for UAV LIDAR, By Application, 2014-2022 (USD Million)
Table 25 Market for UAV LIDAR, By Region, 2014-2022 (USD Million)
Table 26 Market for Solid-State LIDAR, By Application, 2014-2022 (USD Million)
Table 27 Market for Solid-State LIDAR, By Region, 2014-2022 (USD Million)
Table 28 LIDAR Market, By Application, 2014-2022 (USD Million)
Table 29 Market for Corridor Mapping Application, By Type, 2014-2022 (USD Million)
Table 30 LIDAR Market for Corridor Mapping, By Product, 2014-2022 (USD Million)
Table 31 Market for Engineering Application, By Product, 2014-2022 (USD Million)
Table 32 Market for Environment Application, By Type, 2014-2022 (USD Million)
Table 33 Market for Environment Application, By Product, 2014-2022 (USD Million)
Table 34 Aerial LIDAR Market for Environment Application, By Product, 2014-2022 (USD Million)
Table 35 Ground-Based LIDAR Market for Environment Application, By Product, 2014-2022 (USD Million)
Table 36 Market for Adas and Driverless Cars, By Product, 2014-2022 (USD Million)
Table 37 LIDAR Market for Exploration Application, By Type, 2014-2022 (USD Million)
Table 38 LIDAR Market Size, for Exploration, By Product, 2014-2022 (USD Million)
Table 39 LIDAR Market for Urban Planning Application, By Product,2014-2022 (USD Million)
Table 40 LIDAR Market for Urban Planning Application, By Type, 2014-2022 (USD Million)
Table 41 Aerial LIDAR Market for Urban Planning Application, By Product, 2014-2022 (USD Million)
Table 42 LIDAR Market for Cartography, By Product, 2014-2022 (USD Million)
Table 43 LIDAR Market for Meteorology, By Product, 2014-2022 (USD Million)
Table 44 LIDAR Market for Other Applications, By Product, 2014-2022 (USD Million)
Table 45 Aerial LIDAR Market for Other Applications, By Product, 2014-2022 (USD Million)
Table 46 LIDAR Market, By Service, 2014-2022 (USD Billion)
Table 47 LIDAR Market Size, By Region, 2014-2022 (USD Million)
Table 48 LIDAR Market in North America, By Country, 2014-2022 (USD Million)
Table 49 LIDAR Market in North America, By Product, 2014-2022 (USD Million)
Table 50 Aerial LIDAR Market in North America, By Type, 2014-2022 (USD Million)
Table 51 Ground-Based LIDAR Market in North America, By Type, 2014-2022 (USD Million)
Table 52 LIDAR Market in Europe, By Country, 2014-2022 (USD Million)
Table 53 LIDAR Market in Europe, By Product, 2014-2022 (USD Million )
Table 54 Aerial LIDAR Market in Europe, By Type, 2014-2022 (USD Million)
Table 55 Ground-Based LIDAR Market in Europe, By Type, 2014-2022 (USD Million)
Table 56 LIDAR Market in Apac, By Country, 2014-2022 (USD Million)
Table 57 LIDAR Market in Apac, By Product, 2014-2022 (USD Million)
Table 58 Aerial LIDAR Market in Apac, By Type, 2014-2022 (USD Million)
Table 59 Ground-Based LIDAR Market in Apac, By Type, 2014-2022 (USD Million)
Table 60 LIDAR Market in Row, By Region, 2014-2022 (USD Million)
Table 61 LIDAR Market in Row, By Product, 2014-2022 (USD Million)
Table 62 Aerial LIDAR Market in Row, By Type, 2014-2022 (USD Million)
Table 63 Ground-Based LIDAR Market in Row, By Type, 2014-2022 (USD Million)
Table 64 Ranking of the Top 5 Players in the LIDAR Market
Table 65 New Product Launches and Developments, 2014-2016
Table 66 Partnerships, Collaborations, Agreements, and Expansions, 2014-2016
Table 67 Mergers and Acquisitions, 2014-2016
Table 68 Other Strategies, 2014-2016

List of Figures:
Figure 1 Market Segmentation
Figure 2 LIDAR Market Report: Research Design
Figure 3 Bottom-Up Approach to Arrive at the Market Size
Figure 4 Top-Down Approach to Arrive at the Market Size
Figure 5 Data Triangulation
Figure 6 Assumption of the Research Study
Figure 7 Ground-Based LIDAR Held the Largest Size of the Market in 2016
Figure 8 North America Expected to Dominate the LIDAR Market During the Forecast Period
Figure 9 Adas and Driverless Cars Expected to Hold the Largest Size of the LIDAR Market By 2022
Figure 10 Market for Adas and Driverless Cars Application is Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 11 North America Held the Largest Share of the LIDAR Market in 2016
Figure 12 Continuously Increasing Use of Drones in Various Applications: Major Factor Driving the LIDAR Market
Figure 13 Market for Adas and Driverless Cars Expected to Grow at the Highest Rate During Forecast Period
Figure 14 Ground-Based LIDAR Held the Largest Share of the LIDAR Market Based on Product in North America, 2016
Figure 15 Market for Solid-State LIDAR Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 16 Evolution of LIDAR Systems
Figure 17 Encouragement From the Governments and Institutes for Adoption of LIDAR Systems is Driving the Market
Figure 18 LIDAR Market Value Chain
Figure 19 Laser Scanner Value Chain Analysis
Figure 20 Porter’s Five Force Analysis
Figure 21 Porter’s Five Force Analysis: Impact Analysis
Figure 22 LIDAR Market: Threat of Substitutes
Figure 23 LIDAR Market: Bargaining Power of Suppliers
Figure 24 LIDAR Market: Bargaining Power of Buyers
Figure 25 LIDAR Market: Threat of New Entrants
Figure 26 LIDAR Market: Degree of Competition
Figure 27 Laser Scanner Held the Largest Size of the LIDAR Market in 2016
Figure 28 Market for Solid-State LIDAR Expected to Grow at the Highest CAGR Between 2017 and 2022
Figure 29 Corridor Planning Application Held the Largest Size of the Market for Aerial LIDAR in 2016
Figure 30 Market for Mobile Ground-Based LIDAR Expected to Grow at a Higher Rate During the Forecast Period
Figure 31 Environment Application to Hold a Larger Size of the Market for Static Ground-Based LIDAR Between 2016 and 2022
Figure 32 Solid-State LIDAR Market for Adas and Driverless Car Application Expected to Grow at Highest Rate During Forecast Period
Figure 33 Market for Adas and Driverless Cars Expected to Grow at the Highest Rate During Forecast Period
Figure 34 Solid-State LIDAR is Expected to Hold Largest Size of the Market for Environment Application Between 2017 and 2022
Figure 35 LIDAR Market for Oil & Gas Exploration Expected to Grow at a Higher Rate During the Forecast Period
Figure 36 Ground-Based LIDAR Expected to Hold a Larger Size of the Market for Meteorology Application Between 2017 and 2022
Figure 37 LIDAR Market for GIS Services Expected to Grow at the Highest Rate During the Forecast Period
Figure 38 LIDAR Market, By Geography
Figure 39 LIDAR Market: Geographic Snapshot, 2017-2022
Figure 40 Geographic Snapshot of the LIDAR Market in North America
Figure 41 Solid-State LIDAR to Exhibit the Highest Growth in the North American Market During the Forecast Period
Figure 42 Bathymetric LIDAR to Exhibit a Higher Growth in the European Market During the Forecast Period
Figure 43 Geographic Snapshot of the LIDAR Market in Apac
Figure 44 Solid-State LIDAR to Exhibit the Highest Growth in the Apac Market During the Forecast Period
Figure 45 Topography LIDAR Expected to Hold a Larger Size of the LIDAR Market in Rest of the World in 2016
Figure 46 Companies Adopted New Product Launches and Developments as Key Growth Strategies Between 2014 and 2016
Figure 47 Battle for Market Share: New Product Launches and Developments Key Strategies Adopted By Companies
Figure 48 Geographic Revenue Mix of Major Companies
Figure 49 Faro Technologies: Company Snapshot
Figure 50 Faro Technologies: SWOT Analysis
Figure 51 Leica Geosystems: Company Snapshot
Figure 52 Leica Geosystems: SWOT Analysis
Figure 53 Teledyne Optech Inc.: Company Snapshot
Figure 54 Teledyne Optech Inc.: SWOT Analysis
Figure 55 Riegl Laser Measurement Systems Gmbh: SWOT Analysis
Figure 56 Trimble Inc.: Business Overview
Figure 57 Trimble Inc.: SWOT Analysis
Figure 58 Sick Ag: Business Overview
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FEATURED COMPANIES

  • Faro Technologies
  • Innoviz Technologies Ltd
  • Leica Geosystems
  • Sick AG
  • Teledyne Optech Inc.
  • Velodyne Lidar, Inc.
  • MORE

The market is expected to be worth USD 5,204.8 Million by 2022, growing at a CAGR of 25.8% during the forecast period. LiDAR systems are used in a wide range of applications such as corridor mapping, engineering, environment, ADAS and driverless cars, exploration, urban planning, cartography, meteorology, and others. Also, the growing application of corridor mapping in the roadways mapping is driving the growth of the overall LiDAR market.

This market is segmented on the basis of component, product, application, service, and geography. The market based on product includes aerial LiDAR, ground-based LiDAR, UAV LiDAR, and solid-state LiDAR. Among these products, ground-based LiDAR held the largest market share in 2016 due to its increasing demand in the construction and engineering applications.

LiDAR market for ADAS and driverless cars application is expected to grow at the highest CAGR during the forecast period. With an inclination toward self-driven cars and few mandates for the adoption of ADAS in the major automotive markets such as Europe and North America are helping the market for ADAS and driverless cars application to grow at rapid pace.

The market for laser scanners is expected to grow at the highest CAGR during the forecast period. The laser scanner in LiDAR is used to scan and to generate 3D images of the scanned areas. The fastest growth rate of the market is attributed to the rapid development of laser technology and increasing demand for LiDAR system. Laser scanners provide a high degree of accuracy, deliver better image quality, and can operate in extreme and challenging environments to collect, exploit, and distribute vital information efficiently.

The market for GIS services is expected to grow at the highest CAGR during 2017 and 2022 owing to increasing demand for GIS services in canopy height estimation, forest planning, and harvesting planning applications. These applications are majorly adopted by the government for forest management and for planning crops harvesting.

North America holds the largest share of the LiDAR market based on regions, and the market in North America is expected to grow at the highest rate between 2017 and 2022. North America dominates the overall LiDAR market owing to increasing investment of business giants toward ADAS and driverless cars application. Moreover, increasing penetration of LiDAR in ADAS and driverless cars application is providing new scope for small, versatile, and low-cost LiDAR systems. Business giants which are in the race of manufacturing these cars are General Motors (U.S.), Google (U.S.), and Apple Inc. (U.S.). In addition, major companies such as Trimble, Faro, and Velodyne have headquarters in the U.S., which is also a key factor contributing to the large share of the U.S. in the LiDAR market in North America.

The cost of LiDAR is high compared to conventional techniques of a survey such as photogrammetry. Currently, the cost of an aerial LiDAR can be as high as USD 75,000 to USD 85,000 and even more than that, depending on the application for which it is being used. A project for surveying an area having a flat surface or moderate terrain may cost around USD 200 to USD 300 per square mile for 3m point spacing. The costs for surveying the same area may rise to USD 350 to USD 450 per square mile if the project requirement is for 1m point spacing.

The portfolio of Teledyne Optech Inc. (Canada) comprises a wide range of products that enable sustainable business growth and help diversify business risks. The company not only has a wide product portfolio but also has a significant presence in major regions, supporting in its operational success. Teledyne Optech keeps a keen eye on technological trends to sustain growth. It also focuses on partnerships to increase revenue. For instance, in 2016, Teledyne Optech partnered with MacDonald, Dettwiler and Associates (MDA) (Canada) to develop OSIRIS-REx Laser Altimeter (OLA) for a space study, named, OSIRIS-REx. OSIRIS-REx is an asteroid study and sample return mission launched by the NASA.

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  • Beijing Beike Technology Co., Ltd (Isurestar)
  • Faro Technologies
  • Geokno India Pvt. Ltd.
  • Innoluce BV, an Infineon Company
  • Innoviz Technologies Ltd
  • Leddartech
  • Leica Geosystems
  • Quanergy Systems, Inc.
  • Quantum Spatial (Aerometric, Inc.)
  • Riegl Laser Measurement Systems Gmbh
  • Sick AG
  • Startup Ecosystem
  • Teledyne Optech Inc.
  • Trimble Inc.
  • Velodyne Lidar, Inc.
  • Yellowscan
Note: Product cover images may vary from those shown
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