LiDAR for Topography and Meteorology Market - Forecasts from 2021 to 2026

The LiDAR for topography and meteorology market is evaluated at US$180.279 million for the year 2019 and is projected to grow at a CAGR of 21.17% to reach a market size of US$691.261 million by the year 2026.

LiDAR (Light Detection and Ranging) makes use of light in the form of laser to measure variable distances to the Earth. There has been an increase in the use of LiDAR in the engineering and construction, especially dam construction and corridor mapping, which has had a positive impact on the growth of LiDAR for Topography and Meteorology market, and is anticipated to surge the market growth during the forecast period. The adoption of LiDAR in monitoring air pollution is also anticipated to propel the market growth during the forecast period. In January 2019, the Central Pollution Control Board (CPCB) in Delhi, India stated that it may use advanced LiDAR devices in future for monitoring the air quality of Delhi-NCR. The weather forecasts using LiDAR technology are more accurate and hence are being used over conventional methods or are being complemented with them, which is anticipated to propel the growth of LiDAR for Topography and Meteorology market during the forecast period.

The recent outbreak of the novel coronavirus disease affected the LiDAR for Topography and Meteorology industry negatively. Due to the lockdown in most parts of the world, there were trade restrictions and strict Covid-19 guidelines due to which the constriction was stopped for some time which affected the LiDAR for Topography and Meteorology industry. But after the lifting of lockdown in most parts of the world and activities coming to its normal, the LiDAR for Topography and Meteorology market is anticipated to recover and come to its regular pace in the year 2021.

The lockdown and trade restrictions led to losses in the LiDAR for Topography and Meteorology market. In China, which is the most prominent producer and consumer of phosphates, sulphur and sulfuric acid, the LiDAR for Topography and Meteorology industry was badly affected. Due to production constraints in China due to Covid-19 guidelines, the supply of chemicals such as phosphates became tighter, leading to negative effect on various countries like India and Brazil. But after the lifting of lockdown and the ease of trade and production, the industry has been recovering and is anticipated to come to its normal flow from the years 2021 onwards.

The LiDAR for Topography and Meteorology market has been classified on the basis of Application, Component, Technology, and Geography. By Application, the market has been classified on the basis of Engineering, Weather Forecasting, Urban Planning, and others. On the basis of Component, the segmentation has been done into Laser scanners, Navigation and positioning systems, and others. By Technology, the categorization has been done into 2D LiDAR, 3D LiDAR, and 4D LiDAR. Geographically, the market for LiDAR for Topography and Meteorology has been distributed into North America, South America, Europe, Middle East and Africa, and Asia Pacific.

Rise of LiDAR use in engineering and construction.

The LiDAR technology provides precise and detailed information about the construction site before the starting of the project and during the construction. It is also used in precisely predicting the probable expense of the project, analysing the suitability of construction sites and recognising if a renovation is required. LiDAR provides more precise reads compared to the traditional photogrammetric technology, which is why LiDAR is increasingly being over traditional photogrammetric technology in the recent years. As a result, the LiDAR technology has become an important tool for construction companies all around the world. The National High-Speed Rail Corporation Limited (NHSRCL) in India is conducting ground survey for bullet train with the help of LiDAR technique to get all the ground details and data for the construction site by fitting a helicopter with state of the art Aerial LiDAR and imagery sensors. In 2020, the UK’s innovation agency, Innovative UK, selected Stockholm-based engineering company Hexagon to provide it with solutions that use LiDAR data and artificial intelligence for faster and higher-precision mapping of UK’s rail infrastructure. The project is funded by Network Rail to increase the growth and capacity of the country’s rail network. LiDAR technology has been widely being used in new railway projects across the globe. Also, its use in collecting the site data for the construction of dams has become prominent. In May 2019, Terra Drone Indonesia completed aerial LiDAR topographic mapping for dam construction projects in West Java and Central Java in Indonesia. Hence, its widespread use in engineering and construction has been increasing in recent years and is anticipated to propel the growth of LiDAR for Topography and Meteorology market during the forecast period.

Adoption of LiDAR technology for weather and environmental monitoring.

Due to the LiDAR technology being more accurate and several other advantages, it is being adopted for weather and environmental monitoring, which is one of the prominent factors anticipated to drive the growth of LiDAR for Topography and Meteorology market in the coming years. It has been exhibited by researchers from the European Centre for Medium-Range Weather Forecasts (ECMWF) that cloud radar and lidar data in operational global numerical weather prediction makes the forecasts more accurate. Various countries have been making the use of LiDAR technology for monitoring of air pollution. The air-pollution monitoring stations of Canada use LiDAR technology that shoot laser radar into the atmosphere and then the light which bounces back after interacting with the pollution particles is measured, and consequently the tropospheric pollution is monitored. Due to the rising concerns regarding air pollution, Institute of Urban Meteorology (IUM) in Beijing, China, has been making the use of LiDAR technology to study the movement of haze through Beijing. Due to the rising adoption, the growth of LiDAR for Topography and Meteorology market is expected to propel during the forecast period.

North America to hold a prominent share in the market.

Geographically, the North American region is anticipated to hold a significant market share in the market owing to the widespread use of LiDAR for topography and meteorology in the countries like USA and Canada. The Asia Pacific region is anticipated to witness substantial growth due to the increasing investment in the region for LiDAR in topography and meteorology.

Competitive Insights

Key players in the LiDAR for Topography and Meteorology market include Leica Geosystems AG, Leosphere (Vaisala), and RIEGL Laser Measurement Systems GmbH, among others. The players are implementing various growth strategies to gain a competitive advantage. The report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the LiDAR for Topography and Meteorology market.

Segmentation

By Application

• Engineering
• Weather Forecasting
• Urban Planning
• Others

By Component

• Laser scanners
• Navigation and positioning systems
• Others

By Technology

• 2D LiDAR
• 3D LiDAR
• 4D LiDAR

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• France
• UK
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• India
• Japan
• South Korea
• Others