This Global LIDAR Market report endows with the complete overview of the market that deals with the various aspects such as product definition, market segmentation, and the prevailing vendor landscape. The report takes into account all the aspects of market that are necessary to create the finest and top-notch market research report. By taking definite base year and historic year for granted, calculations in the Global LIDAR Market report have been carried out which infers the market performance by providing information about what the market definition, classifications, applications, and engagements are.
Global LIDAR Market By Geography, Component (Laser Scanners, Navigation & Positioning Systems); Product (Aerial, Ground-Based, UAV, Solid-State), Service (Aerial Surveying, Asset Management, GIS Service, Ground-Based Surveying, Mapping & Modeling), Application (Corridor Mapping, Engineering, Environment, ADAS & Driverless Cars, Exploration, Urban Planning, Cartography, Meteorology) – Industry Trends and Forecast to 2024
Global Lidar Market is expected to reach USD 5,842.37 million by 2024 from USD 1,058.40 million in 2016, at a CAGR of 24.1% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Key Points: Global LIDAR Market
Teledyne Optech incorporated is going to dominate the global Lidar market following with Smith & Hexagon, Sick AG and Trimble Inc.. Some of the other players are Quantum Spatial, Faro Technologies, Beijing Beike Technology Co., Ltd, Riegl Laser Measurement Systems Gmbh , Velodyne Lidar, Inc. Yellowscan , Geokno India Pvt. Ltd., Quanergy Systems, Inc., Innoviz Technologies Ltd, Innoluce BV, Leddartech, Autonomoustuff, Geodigital, Trilumina, Tetravue, Luminar, Princeton Lightwave Inc., Neptec Technologies among others.
- The global aerial lidar market is expected to reach USD 2,521.36 million by 2024, from USD 484.46 million in 2016, growing at a CAGR of 23.1%.
- The corridor mapping is expected to dominate the Lidar market with 29.5% market share, growing at a CAGR 24.6% in the forecast period 2017 to 2024.
Table Of Contents
2 Market Segmentation
3 Market Overview
4 Executive Summary
5 Premium Insights
6 Global Heart Pump Devices Market, By Products
7 Global Heart Pump Devices Market, By Type
8 Global Heart Pump Devices Market, By Therapy
9 Global Heart Pump Devices Market, By End User
10 Global Heart Pump Devices Market, By Geography
11 Global Heart Pump Devices Market, Company Landscape
12 Company Profile
13 Related Reports
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Key Drivers: Global LIDAR Market
Some of the major factors driving the market for global Lidar Market are rising government initiatives and increasing adoption, increasing use of drones in numerous applications, growing lidar application in engineering projects and large-magnitude set and technological advancement. These factors demand the Lidar system which boosts the market growth.
- High cost of lidar and high surveying application expenses may hinder the growth of the market.
- Many companies are increasingly focusing on technological advancement of lidar devices in order to strengthen their product portfolios in the Lidar market.
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