Posted on May 28 2019 6:11 AM

"The latest trending report Global LiDARs Market by Manufacturers, Regions, Type and Application, Forecast to 2024 offered by Market research world is an informative study covering the market with detailed analysis. The report will assist reader with better understanding and decision-making. "

The lidar market was valued at USD 1.90 billion in 2018, and it is expected to reach a value of USD 3.89 billion by 2024 at a CAGR of 12.76%, during the forecast period (2019 - 2024).- Over the years, advancements in lidar mapping systems and their enabling technologies penetrated into different verticals, like aerospace and defense, corridor mapping and topographical survey, automotive, mining, oil and gas, and other verticals, which are increasing the market scope of the lidar market.- The increasing use of drones, across various applications, such as aerospace and defense, agriculture and forestry, and natural resources management, among others, is expected to propel the industry’s growth. The delivery and automation sectors are the leading sectors that invest in drone research.

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Global LiDAR Market Research Report 2019 is created to provide the market landscape and unlimited guideline about contemporary market size, share, driving factors, trends, progressive growth, and dominant players of the LiDAR market. The report serves overall information on the market to top manufacturers, distributors, traders, dealers. It will help them understand the product scope, market overview, market driving force, technological advancement, market risk, opportunities, and research findings.

Global LiDAR Market has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

LiDAR Market Competitor:


  • Sick AG
  • Teledyne Optech
  • Velodyne LiDAR
  • Quanergy Systems Inc.
  • Quantum Spatial Inc.
  • 3D Laser Mapping Ltd
  • Faro Technology Inc.
  • Leica Geoystems AG
  • RIEGL Laser Measurement Systems GmbH
  • Topcon Positioning Systems Inc.
  • Trimble Navigation Ltd
  • Denso Corporation
  • Innoviz Technologies Ltd
  • Neptec Technologies Corp.
  • Phantom Intelligence Inc.


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- Rising demand for innovative 3D imaging technology throughout several areas of applications and growing adoption of aerial lidar systems to detect and explore various places and historical details are supporting the lidar market effectively.- Governments in different countries are using lidar technology for topographical surveys, mapping, surveillance, and monitoring in the mining and oil and gas sectors. Due to low cost and enhanced features, when compared to conventional alternatives, lidar is easily accessible for the government sectors.- However, due to the lack of awareness among end users and technological constraints, the growth of the lidar market is restrained.

Scope of the Report:
LIDAR, which stands for light detection and ranging, is a remote sensing method that uses light in the form of a pulsed laser to measure ranges (variable distances) to the Earth. Advancements in laser scanning, GPS, and bandwidth have allowed for new lidar applications, such as mobile lidar known for mobile laser scanning (MLS), which is used for mapping, engineering, and self-driving applications.

Region Analysis:


  • United States
  • Canada
  • Mexico
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • GCC
  • South Africa
  • Brazil
  • Argentina


LiDAR market report offers the market and forecasts its size, by volume and value, based on application, products, and geography. LiDAR market report contributes to historical and forecast market growth, demand, end-use details, price trends, and company shares of the leading LiDAR producers to provide exhaustive coverage of the market.

Research Objectives Of LiDAR Market Report:

  • To Analyze The LiDAR Consumption (Value & Volume), Product Type And Application, History Data From 2013 To 2017, And Forecast To 2023.
  • To Understand The Structure Of LiDAR Market By Identifying Its Various Sub-segments.
  • Focuses On The Key LiDAR Manufacturers, To Define, Describe And Analyze The Sales Volume, Value, Market Share, Market Competition Landscape, SWOT Analysis And Development Plans In Next Few Years.
  • To Analyze The LiDAR Market With Respect To Individual Growth Trends, Future Prospects, And Their Contribution To The Total Market.
  • To Share Detailed Information About The Key Factors Influencing The Growth Of The Market (Growth Potential, Opportunities, Drivers, Industry-Specific Challenges And Risks).
  • To Analyze Competitive Developments Such As Expansions, Agreements, New Product Launches, And Acquisitions In The Market.
  • To Strategically Profile The Key Players And Comprehensively Analyze Their Growth Strategies.

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Table Of Contents:

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study



4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Fast Paced Developments Due to Increasing Application of Drones
4.3.2 Adoption in Government Sector Applications
4.3.3 Increased Adoption of Lidar in the Automotive Sector
4.4 Market Restraints
4.4.1 High Cost of LiDAR Systems and Integrated Components
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry 

5.1 By Product
5.1.1 Aerial LiDAR
5.1.2 Ground-based LiDAR
5.2 By Component
5.2.1 Global Positioning System
5.2.2 Laser Scanner
5.2.3 Inertial Measurement Unit
5.2.4 Other Components
5.3 By End-user Industry
5.3.1 Engineering
5.3.2 Automotive
5.3.3 Industrial
5.3.4 Aerospace and Defense
5.3.5 Other End-user Industries
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East & Africa

6.1 Company Profiles
6.1.1 Sick AG
6.1.2 Teledyne Optech
6.1.3 Velodyne LiDAR
6.1.4 Quanergy Systems Inc.
6.1.5 Quantum Spatial Inc.
6.1.6 3D Laser Mapping Ltd
6.1.7 Faro Technology Inc.
6.1.8 Leica Geoystems AG
6.1.9 RIEGL Laser Measurement Systems GmbH
6.1.10 Topcon Positioning Systems Inc.
6.1.11 Trimble Navigation Ltd
6.1.12 Denso Corporation
6.1.13 Innoviz Technologies Ltd
6.1.14 Neptec Technologies Corp.
6.1.15 Phantom Intelligence Inc.



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