Light
Detection and Ranging (LiDAR) is an optical remote sensing technology
that use laser light to examine surface on the earth to find variable
distances on the earth. LiDAR is comparable to radar in certain
aspects. However, LiDAR uses waves of shorter wavelengths unlike
radar, which uses radio waves for measuring targets. The LiDAR
technology uses waves typically in the visible, ultraviolet and
infrared range. This technology enables direct measurement of 3D
structures and underlying terrain with high resolution and high data
accuracy. The capability of LiDAR equipments to achieve high
resolution makes them superior to other traditional optical
instruments used for measuring heights. The LiDAR market can be
segmented based on types into airborne and terrestrial LiDAR and
based on applications into coastal, forestry, transportation,
infrastructure, defense and aerospace, transmission lines and flood
mapping among others
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Escalating
demand for 3D imagery in consumer, commercial and government
applications is one of the major factors driving the global LiDAR
market. The demand for LiDAR technology is increasing in these
application segments in line with an increase in the demand for 3D
scanning and 3D imagery. The adoption of LiDAR technology is slowly
penetrating in various government sectors such as roadways, railways,
forestry management among others. Thus, huge demand from government
sectors in different countries is also supporting the LiDAR market.
Further, LiDAR is superior to photogrammetry in terms of accuracy and
speed and thus, LiDAR has vastly acquired consumers of photogrammetry
in the recent years. However, the LiDAR market faces challenge
related to the complexity in interpreting the output data, due to
lack of data set standardization.
Geographically,
the LiDAR market is dominated by North America owing to high adoption
of advanced 3D imagery technologies by the U.S. government.
Government sector is also the major customer of LiDAR and therefore
high involvement of government positively supports the growth of
global LiDAR market. Europe follows North America with a minimal
difference in the market share. A large number of key players are
based in Europe and they are involved in making innovations to meet
the requirements of consumers in different applications.
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This
report has been segmented by type, application and by geography. It
also includes the drivers, restraints and opportunities (DROs),
Porter’s five forces analysis and value chain of the global LiDAR
market. The study highlights current market trends and provides the
forecast from 2014 to 2020. We have also covered the current market
scenario for LiDAR and highlighted its future trends that will impact
demand.
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all Article :
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The
report also analyzes macro economic factors influencing and
inhibiting the growth of global LiDAR market. Porter’s five forces
analysis offers insights on market competition throughout its value
chain. In addition, the market attractiveness analysis provided in
the report highlights key investing areas in this industry. The
report will help manufacturers, suppliers and distributors to
understand the present and future trends in this market and formulate
their strategies accordingly.
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all Press Releases:
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This
report analyzes the global LiDAR market in terms of revenue (USD
million) on the basis of type, based on application and based on
geography. The market has been segmented as follows:
Global
LiDAR Market, by Product Type:
Airborne
LiDAR
Terrestrial
LiDAR
Global
LiDAR Market, by Application:
Coastal
Forestry
Transportation
Infrastructure
Defense
and Aerospace
Transmission
lines
Flood
Mapping
Others
(Mining, Hydrography etc)
Global
LiDAR Market, by Geography:
North
America
Asia
Pacific
Europe
Rest
of the World
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