LiDAR Technology Market – Major Technology Giants in Buzz Again By 2023

LiDAR Technology Market

Latest survey on Global LiDAR Technology Market is conducted to provide hidden gems performance analysis of LiDAR Technology to better demonstrate competitive environment . The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2018 to 2023 and forecasted till 2028*, the outbreak of the latest scenario in Global LiDAR Technology market has made companies uncertain about their future outlook as the disturbance in the value chain have made a serious economic slump. Some are the key & emerging players that are part of the coverage and profiled in the study are Leica Geosystems AG (Sweden), Trimble, Inc. (United States), Teledyne Optech (Canada), Faro Technologies Inc.  (United States), RIEGL Laser Measurement Systems GmbH (Austria), Sick AG (Germany), Quantum Spatial (United States), Beijing SureStar Technology Co. Ltd. (China), Velodyne Lidar, Inc. (United States), YellowScan (France).

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Scope of the Report of LiDAR Technology
LiDAR is a popular remote sensing method used for measuring the exact distance of an object on the earth’s surface. There are three primary components of a LiDAR instrument such as the scanner, laser, and GPS receiver. Most government and private organizations use helicopters, drones, and airplanes for acquiring LiDAR data.LiDAR can provide accurate information even in the case of obstructions such as bridges and tunnels. LiDAR in automobiles is used in self-driving cars as it can provide visibility in all directions all the time.

The titled segments and sub-section of the market are illuminated below:
by Type (2D LiDAR, 3D LiDAR, 4D LiDAR), Application (Corridor mapping, Engineering, Environment, ADAS & driverless cars, Exploration, Urban planning, Cartography, Meteorology, Other), Services (Aerial surveying, Asset management, GIS services, Ground-based surveying, Other services), Type (Mechanical, Solid-state), Installation (Ground-based LiDAR, Airborne LiDAR), Component (Laser scanners, Navigation and positioning systems, Others), Range (Short, Medium, Long)

Market Trends:
Emergence of 4D LiDAR

Development of Better Geospatial Solutions using Sensor Fusion
Adoption of Lidar in Solid-state, MEMS, Flash Lidar, among Others

Market Drivers:
Rising Adoption of LiDAR Systems in UAVs, Engineering, and Construction
Increasing Use of LiDAR in Geographical Information Systems (GIS)

Market Influencers and their development strategies:
In Oct 2020, Velodyne Lidar, Inc. announced a three-year sales agreement with Baidu for its Alpha Prime™ lidar sensors. The Alpha Prime sensors will be utilized for autonomous applications. Velodyne’s low-cost, high-scale manufacturing delivers attractive pricing for Baidu and its Apollo partners., and In Dec 2020, dSPACE and LeddarTech®, a leader in level 1-5 ADAS and AD sensing technology, have entered into a partnership to jointly drive forward the development of lidar technologies for autonomous driving.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global LiDAR Technology Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the LiDAR Technology market

Chapter 2: Exclusive Summary – the basic information of the LiDAR Technology Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the LiDAR Technology

Chapter 4: Presenting the LiDAR Technology Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020

Chapter 6: Evaluating the leading manufacturers of the LiDAR Technology market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, LiDAR Technology Market is a valuable source of guidance for individuals and companies.

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