LiDAR Market PPT: Demand, Trends and Business Opportunities 2023-28

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Global LiDAR Market Research and Forecast Report
2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global LiDAR Market Research Report The latest
report by IMARC, titled LiDAR Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2023-2028 the global LiDAR market
size reached US 2.2 Billion in 2022. Light
detection and ranging (LiDAR) is a remote sensing
technology that measures distances by emitting
laser pulses and analyzing the light that is
reflected. It measures the time taken by the
light to travel to an object and back to the
sensor. It is often equipped with a rotating
mirror or a multi-beam laser scanner, which
allows emission of laser pulses in multiple
directions. Request Free Sample Report
https//www.imarcgroup.com/lidar-market/requestsam
ple
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Report Description and Highlights
Report Description

Global LiDAR Market Trends There is a
considerable rise in the use of LiDAR in
autonomous vehicles (AVs) by providing real-time
3D mapping and object detection capabilities and
perceiving their surroundings, detecting
obstacles, and navigating safely. This, coupled
with increasing sales of AVs and significant
growth in the automotive industry, represents one
of the key factors augmenting the market growth
around the world. Moreover, the rising adoption
of LiDAR in forestry management to assess forest
inventory, measure tree heights, estimate
biomass, and monitor vegetation health is
favoring the growth of the market. In addition,
the growing usage of LiDAR in geology and natural
resource exploration to study landforms,
geological features, and mineral deposits is
influencing the market positively. Apart from
this, the increasing construction of roads,
bridges, and tunnels on account of rapid
urbanization and rising investments in the
development of smart cities are propelling the
growth of the market. Furthermore, the growing
adoption of LiDAR technology in the defense and
aerospace sectors to improve the accuracy and
sensitivity of remote sensing and surveillance
systems is creating a favorable outlook for the
market. Looking forward, the market value is
projected to reach US 7.0 Billion by 2028,
expanding at a CAGR of 20.9 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Installation Type Insights
Airborne Terrestrial Component Ins
ights Laser Scanners Navigati
on Systems Global Positioning Systems
Others Application Insights Co
rridor Mapping Engineering Env
ironment Exploration ADAS
Others

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Report Description and Highlights
Report Description
Regional Insights North America
United States Canada
Asia-Pacific China
Japan India
South Korea Austra
lia Indonesia
Others Europe Germany
France United
Kingdom Italy
Spain Russia

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Report Description and Highlights
Report Description
Others Latin America
Brazil Mexico
Others Middle East and
Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Faro Technologies Inc Innoviz Technologies Ltd. Le
  ddarTech Inc. Leica Geosystems AG (Hexagon AB) NV5
  Global Inc. Quanergy Systems Inc. RIEGL Laser Mea
  surement Systems GmbH Sick AG Teledyne Technologie
  s Inc Trimble Inc. Valeo Velodyne Lidar Inc.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/lidar-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
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photocopying, recording, taping or by information
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
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