LIDAR Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Lidar market is estimated to grow from 2021 to US $ 1.3 billion and from 2028 to US $ 3.4 billion, and from 2022-2028, it is expected to grow at a CAGR of 22%. Advances in spatial resolution technology in LiDAR-based digital terrain models provide incredible accuracy in applications such as detection of changes in hillsides, runoff at agricultural or mining sites, and inland waterways. The market is expected to grow significantly during the forecast period due to the automation of LiDAR (Light Detection and Ranging), reducing human effort and increasing efficiency.

 

Company Profile

  • Leica Geosystems
  • Trimble
  • Teledyne Optech
  • Riegl
  • Topcon
  • Velodyne LiDAR
  • 3D Laser Mapping
  • IGI

 

Market Segmentation

By Type:

  • Airborne LIDAR
  • Terrestrial LIDAR

By Application:

  • Civil Engineering
  • Forestry & Agriculture
  • Transportation
  • Urban Mapping

 

Scope of the Report

The research study analyzes the LIDAR Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by LIDAR Market Report

 

  1. What was the LIDAR Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
  2. What will be the CAGR of LIDAR Market during the forecast period (2022-2028)?
  3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
  4. Which manufacturer/vendor/players in the LIDAR Market was the market leader in 2021?
  5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report will be delivered within 48-72 hours after payment confirmation