Uploaded on Dec 29, 2020
A LiDAR instrument mainly comprises a laser, a scanner, and a particular GPS collector. Planes and helicopters are the most generally utilized stages for getting LIDAR information over wide territories.
LiDAR Market
LiDAR Market
Set to Exceed $2,154.2 Million By 2026 | CAGR: 14.5%
“LiDAR Market Size, Share & Trends Analysis Report By
Component; By Installation; By Range (Short Range LiDAR,
Medium Range LiDAR, Long Range LiDAR); By Application
(Urban Planning, ADAS & Driverless Cars, Corridor Mapping,
Environment, Engineering, Exploration, Others); By Region,
Segments & Forecast, 2019 - 2026”
LiDAR Market Estimate & Forecast to 2026
The global LiDAR market size is expected to reach USD 2,154.2 million by 2026 according to a new study
published by Polaris Market Research. The report “LiDAR Market Size, Share & Trends Analysis
Report By Component; By Installation; By Range (Short Range LiDAR, Medium Range LiDAR,
Long Range LiDAR); By Application (Urban Planning, ADAS & Driverless Cars, Corridor Mapping,
Environment, Engineering, Exploration, Others); By Region, Segments & Forecast, 2019 –
2026” gives a detailed insight into current market dynamics and provides analysis on future market
growth.
In 2018, the corridor mapping segment dominated the global market in terms of revenue. Regionwise,
North America is expected to be the leading contributor to market growth globally. LiDAR, which
represents Light Detection and Ranging, is a remote detecting strategy that utilizes light as a pulse beat
of laser to quantify ranges to the Earth. These light pulses joined with other information recorded by the
airborne framework—create exact, three-dimensional data about the state of the Earth and its surface
attributes.
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LiDAR Market Scope
By Component By Installation By Range By Application By Region
Navigation and Ground-Based Short Range Urban Planning North America
Positioning systems Airborne Medium Range ADAS & Europe
Laser Scanners Long Range Driverless Cars Asia Pacific
Cameras Corridor Mapping Latin America Middle
Others Environment East & Africa
Engineering
Exploration
Others
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LiDAR Market Estimate & Forecast to 2026
North America created significant income in the market in 2018 and is relied upon to lead the worldwide
market all through the forecast period. The development of modern mechanization and technological
headways in metrological applications has quickened the selection rate of LiDAR innovation in North
American area. In airborne applications, LiDAR innovation has displayed remarkable favorable
circumstances over Radar technology, for example, improved precision, ongoing mapping capacity and
better perception, accordingly, driving the LiDAR market in every one of the nations in North American
area. Asia-Pacific is relied upon to develop at the most elevated CAGR during the forecast period
attributable to developing interest from rising nations, for example, China, Japan, and India.
The key players in the market include Trimble Navigation limited, Faro Technologies, Inc., Quantum
Spatial Inc., Velodyne LiDAR Inc., Sick Ag, Teledyne Optech, Riegl Laser Measurement Systems, Leica
Geosystems Inc., GeoDigital and Beijing Surestar Technology.
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LiDAR Market Size
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