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Global LiDAR Market 2021-2025Speak directly to the analyst to clarify any post sales queries you may have.
The publisher has been monitoring the LiDAR market and it is poised to grow by $ 1.57 bn during 2021-2025 progressing at a CAGR of 15% during the forecast period. The report on LiDAR market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the expanding application areas of LiDAR technology and increased adoption of LiDAR in automotive applications and. In addition, expanding application areas of LiDAR technology is anticipated to boost the growth of the market as well.
The LiDAR market analysis includes product segment, application segment and geographical landscapes.
The LiDAR market is segmented as below:
By Product
- Airborne LiDAR
- Terrestrial LiDAR
By Application
- Corridor mapping
- Engineering
- ADAS and driverless cars
- Environment
- Others
By Geographical Landscapes
- North America
- Europe
- APAC
- MEA
- South America
This study identifies the growing demand for LiDAR solutions from wind powerplants as one of the prime reasons driving the LiDAR market growth during the next few years.
The report on LiDAR market covers the following areas:
- LiDAR market sizing
- LiDAR market forecast
- LiDAR market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading LiDAR market vendors that include FARO Technologies Inc., GeoSLAM Ltd., Hexagon AB, LeddarTech Inc., Quanergy Systems Inc., Robert Bosch GmbH, SICK AG, Teledyne Technologies Inc., Trimble Inc., and Velodyne LiDAR Inc. Also, the LiDAR market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Exhibit
Executive Summary
The following companies as the key players in the global LiDAR market: FARO Technologies Inc., GeoSLAM Ltd., Hexagon AB, LeddarTech Inc., Quanergy Systems Inc., Robert Bosch GmbH, SICK AG, Teledyne Technologies Inc., Trimble Inc., and Velodyne Lidar Inc.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing demand for LiDAR solutions from wind powerplants.'
According to the report, one of the major drivers for this market is the expanding application areas of lidar technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- FARO Technologies Inc.
- GeoSLAM Ltd.
- Hexagon AB
- LeddarTech Inc.
- Quanergy Systems Inc.
- Robert Bosch GmbH
- SICK AG
- Teledyne Technologies Inc.
- Trimble Inc.
- Velodyne Lidar Inc.