+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Lidar Market, By Product, By Application, By Component, By Technology & By Region- Forecast and Analysis 2022-2028

  • PDF Icon

    Report

  • 127 Pages
  • September 2022
  • Region: Global
  • SkyQuest Technology Consulting
  • ID: 5654443
The Global LiDAR Market size is expected to reach USD 5.2 Billion by 2028, from USD 1.33 Billion in 2021, at a CAGR of 21.50% during the forecast period (2022 - 2028).

Light Detection and Ranging (LiDAR) is a technique for determining, recognizing, and creating virtual images of objects. It is thus the most recent remote sensing equipment, which is available in both 2D and 3D formats. The tool is now used in a variety of applications including GIS mapping, construction, engineering, archaeology, and so on. This LiDAR Market segment is expanding rapidly, owing to small-sized sensors on vehicles that capture images efficiently. The growing demand for LiDAR as a result of its numerous applications will contribute to the expansion of the global LiDAR market in the coming years.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global LiDAR Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. 

Segments covered in this report

The Global LiDAR market is segmented based on Product, Application, Component, Technology, Type and Region. Based on Product it is categorized into: Airborne, Terrestrial, Mobile & UAV. Based on Application it is categorized into: Corridor Mapping, Engineering, Environment, Exploration, ADAS, Others. Based on Component it is categorized into: GPS, Navigation (IMU), Laser Scanners, Others. Based on Technology it is categorized into: 2D LiDAR, 3D LiDAR, 4D LiDAR. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Driver

In recent years, LiDAR has been one of the most important tools used in the commercial drone industry to acquire high-quality and accurate assessment data. The rise of automation in various sectors, which reduces the need for labor and saves time, will drive up demand for the LiDAR market. Technological advancements in various LiDAR resolutions can be used efficiently for a variety of purposes, such as identifying change in water runoff in agriculture or mining sites. In addition to these traditional applications, the product is used in weather and environmental forecasting and monitoring. In Canada, for example, LiDAR is used to measure tropospheric pollution.

Restraint

The use of low-cost and lightweight photogrammetry systems for mapping and surveying applications will likely limit the growth of the LiDAR market. LiDAR drones use active sensors to detect objects on the ground and emit laser beams to calculate their distance from the targets on the ground. In contrast, photogrammetry systems use images transferred from 2D and 3D cytometric models to create depth perception of objects on the ground, allowing users to view and measure the distance between objects in 3D. The final result of LiDAR drone surveys is a 3D point cloud, which is determined by the characteristics of the sensors installed on these drones as well as flight parameters such as LiDAR drone flight altitude.

Market Trends

The use of low-cost and lightweight photogrammetry devices for mapping and surveying applications is expected to restrain the growth of the LiDAR market. LiDAR drones use active sensors to detect objects on the ground and generate laser beams to determine their distance from the targets on the ground. Photogrammetry systems use photos that have been transferred between 2D and 3D cytometric models to create depth perception of items on the ground, allowing users to observe and quantify the distance between objects in 3D.
Frequently Asked Questions about the Global Lidar Market

What is the estimated value of the Global Lidar Market?

The Global Lidar Market was estimated to be valued at $1.33 Billion in 2021.

What is the growth rate of the Global Lidar Market?

The growth rate of the Global Lidar Market is 21.5%, with an estimated value of $5.2 Billion by 2028.

What is the forecasted size of the Global Lidar Market?

The Global Lidar Market is estimated to be worth $5.2 Billion by 2028.

Who are the key companies in the Global Lidar Market?

Key companies in the Global Lidar Market include Leica Geosystems AG (Sweden), Trimble Inc. (US), Teledyne Optech (Canada), FARO Technologies Inc. (US), RIEGL Laser Measurement Systems GmbH (Austria), Sick AG (Germany), Quantum Spatial (US), Beijing SureStar Technology Co. Ltd. (China) and YellowScan (France).

Table of Contents

Executive Summary
  • Market overview
  • Exhibit: Executive Summary - Chart on Market Overview
  • Exhibit: Executive Summary - Data Table on Market Overview
  • Exhibit: Executive Summary - Chart on Global LiDAR Market Characteristics
  • Exhibit: Executive Summary - Chart on Market by Geography
  • Exhibit: Executive Summary - Chart on Market Segmentation
  • Exhibit: Executive Summary - Chart on Incremental Growth
  • Exhibit: Executive Summary - Data Table on Incremental Growth
  • Exhibit: Executive Summary - Chart on Vendor Market Positioning
  • Parent Market Analysis
  • Market overview
  • Market size
  • Market Dynamics
  • Exhibit: Impact analysis of DROC, 2021
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • SWOT Analysis
KEY MARKET INSIGHTS
  • Technology Analysis
  • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
  • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
  • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
  • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
  • Exhibit: Parent Market Ecosystem Market Analysis
  • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
  • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
  • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
  • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
  • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
  • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
  • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators
COVID IMPACT
  • Introduction
  • Impact On Economy-scenario Assessment
  • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
  • Exhibit: Data Table on Global LiDAR Market size and forecast 2021-2028 ($ billion)
  • Impact Of COVID On Key Segments
  • Exhibit: Data Table on Segment Market size and forecast 2021-2028 ($ billion)
  • COVID Strategies By Company
  • Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
  • Market Dynamics
  • Exhibit: Impact analysis of DROC, 2021
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • Regulatory Landscape
  • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
  • Competitive rivalry
  • Exhibit: Competitive rivalry Impact of key factors, 2021
  • Threat of substitute products
  • Exhibit: Threat of Substitute Products Impact of key factors, 2021
  • Bargaining power of buyers
  • Exhibit: buyers bargaining power Impact of key factors, 2021
  • Threat of new entrants
  • Exhibit: Threat of new entrants Impact of key factors, 2021
  • Bargaining power of suppliers
  • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • The special insights on future disruptions
  • Political Impact
  • Economic impact
  • Social Impact
  • Technical Impact
  • Environmental Impact
  • Legal Impact
  • Global LiDAR Market by Product
  • Market segments
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Data table on Market share 2021-2028 (%)
  • Airborne
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Terrestrial
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Mobile & Uav
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Global LiDAR Market by Application
  • Market segments
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Data table on Market share 2021-2028 (%)
  • Corridor Mapping
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Engineering
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Environment
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Exploration
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Adas
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Others
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Global LiDAR Market by Component
  • Market segments
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Data table on Market share 2021-2028 (%)
  • Gps
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Navigation (Imu),
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Laser Scanners
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Global LiDAR Market by Technology
  • Market segments
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Data table on Market share 2021-2028 (%)
  • 2d LiDAR
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • 3d LiDAR
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • 4d LiDAR
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Market Size by Region
  • Chart on Market share by geography 2021-2028 (%)
  • Data Table on Market share by geography 2021-2028(%)
  • North America
  • Chart on Market share by country 2021-2028 (%)
  • Data Table on Market share by country 2021-2028(%)
  • USA
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Canada
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Europe
  • Chart on Market share by country 2021-2028 (%)
  • Data Table on Market share by country 2021-2028(%)
  • Germany
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Spain
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • France
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • UK
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Rest of Europe
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Asia Pacific
  • Chart on Market share by country 2021-2028 (%)
  • Data Table on Market share by country 2021-2028(%)
  • China
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • India
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Japan
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • South Korea
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Rest of Asia Pacific
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Latin America
  • Chart on Market share by country 2021-2028 (%)
  • Data Table on Market share by country 2021-2028(%)
  • Brazil
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Rest of South America
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Middle East & Africa (MEA)
  • Chart on Market share by country 2021-2028 (%)
  • Data Table on Market share by country 2021-2028(%)
  • GCC Countries
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • South Africa
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
  • Rest of MEA
  • Exhibit: Chart on Market share 2021-2028 (%)
  • Exhibit: Market size and forecast 2021-2028 ($ billion)
KEY COMPANY PROFILES
  • Competitive Landscape
  • Total number of companies covered
  • Exhibit: companies covered in the report, 2021
  • Top companies market positioning
  • Exhibit: company positioning matrix, 2021
  • Top companies market Share
  • Exhibit: Pie chart analysis on company market share, 2021(%)
  • Faro Technologies Inc.
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Leica Geosystems Holdings AG
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Trimble Navigation Limited
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Velodyne LiDAR, Inc.
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • RIEGL USA Inc.
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Sick AG
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • YellowScan
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Hexagon
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • 3D laser mapping ltd
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Teledyne Technologies
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Leica Geosystems AG (Sweden)
  • Trimble Inc. (US)
  • Teledyne Optech (Canada)
  • FARO Technologies Inc. (US)
  • RIEGL Laser Measurement Systems GmbH (Austria)
  • Sick AG (Germany)
  • Quantum Spatial (US)
  • Beijing SureStar Technology Co. Ltd. (China)
  • Velodyne LiDAR Inc. (US)
  • YellowScan (France)