The global LiDAR Technology market was valued at US$ 1526.9 million in 2022 and is projected to reach US$ 3469.6 million by 2029, at a CAGR of 12.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global LiDAR Technology market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global LiDAR Technology market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global LiDAR Technology market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Lidar is a surveying method that measures distance to a target by illuminating the target with pulsed laser light and measuring the reflected pulses with a sensor. Differences in laser return times and wavelengths can then be used to make digital 3-D representations of the target. The name lidar, now used as an acronym of light detection and ranging (sometimes light imaging, detection, and ranging), was originally a portmanteau of light and radar. Lidar sometimes is called laser scanning and 3-D scanning, with terrestrial, airborne, and mobile applications.
LiDAR Technology Market aims to provide a comprehensive presentation of the global market for LiDAR Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LiDAR Technology. LiDAR Technology Market contains market size and forecasts of LiDAR Technology in global, including the following market information:
- Global LiDAR Technology Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global LiDAR Technology Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five LiDAR Technology companies in 2022 (%)
Increasing usage of drones across various applications, such as aerospace and defense, agriculture, and forestry, is a major factor driving the market growth. Moreover, rising investments in R&D of self-driven cars in the automotive sector are expected to positively impact the market. LiDAR or Light imaging, detection, and ranging system, has always been synonymous with automotive technology. The escalating demand for driverless cars is providing the automobile industry with ample opportunities to embed LiDAR in their systems. Massive investments from venture capitalists and the flurry of partnerships and acquisitions happening in the LiDAR domain hints on the size of this burgeoning market. Attributed to the rising demand for driverless cars, and the increasing application of LiDAR in engineering projects, the investments in LiDAR market is accelerating at an exponential pace. Increasing defense expenditure in Asia Pacific is expected to grow the market in region over the forecast period. North America is expected to lead the market, pursued by Europe in following years.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LiDAR Technology manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LiDAR Technology Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global LiDAR Technology Market Segment Percentages, by Type, 2022 (%)
- Aerial Lidar
- Ground-based Lidar
- Mobile Lidar
- UAV Lidar
Global LiDAR Technology Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global LiDAR Technology Market Segment Percentages, by Application, 2022 (%)
- Coastal
- Transportation
- Forestry
- Infrastructure
- Defense and Aerospace
- Transmission Lines
- Flood Mapping
- Exploration
- Driverless Cars
Global LiDAR Technology Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global LiDAR Technology Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies LiDAR Technology revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies LiDAR Technology revenues share in global market, 2022 (%)
- Key companies LiDAR Technology sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies LiDAR Technology sales share in global market, 2022 (%)
key players include:
- Airborne Hydrography
- Applied Imagery
- Zephir LiDAR
- Lesophere
- Avent LiDAR Technology
- Grind GIS
- Valedyne
- DEWI
- Geonica
- Kintech Engineering
- Teledyne Optech
- Leica Geosystems
Outline of Major Chapters:
Chapter 1: Introduces the definition of LiDAR Technology, market overview.
Chapter 2: Global LiDAR Technology market size in revenue and volume.
Chapter 3: Detailed analysis of LiDAR Technology manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LiDAR Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global LiDAR Technology capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Industry Market Size
