LIDAR Industry

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LIDAR Industry
Report-Forecast 2022
LIDAR Industry Report- Forecast
2022
P a g e 1 Copyright 2017
Market Research Future.
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LIDAR Industry Report- Forecast 2022
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LIDAR Industry Report- Forecast
2022 Summary Nowadays LIDAR is used everywhere
across all the important applications. For
instance, terrestrial uses LIDAR which is
infrared laser with approximately 9001064
nanometers and water penetration green light with
approximately 532 nanometers for the water
measurement. The usage of LIDAR systems has made
detection and mapping of objects easier than
other conventional methods. LIDAR stands for
light detection and ranging it is basically
remote sensing. LIDAR does not require
electromagnetic radiation but it requires laser
pulses that strike the object back to the
sensor. The key factors contributing to the
growth of the LIDAR Industry are data processing
technologies over other technologies, automated
systems in LIDAR, adoption of aerial LIDAR and
emergence of new applications. Also, the growth
in this market can be attributed to the
encouragement from the governments, application
of LIDAR in engineering projects large
magnitude set and rise in demand for robust
security and sensor accuracy. Other factors
contributing to the growth of the market are
rising demand of 3D imaging across various
applications. However, less awareness about the
benefits of LIDAR systems, use of expensive
components in LIDAR systems i.e laser scanners,
navigation system, high-resolution 3D cameras
which collectively increases the cost of LIDAR
systems are hampering the growth of the overall
market. Also, over the forecast period LIDAR
Industry would pose a higher impact on the
increasing number of automated cars.
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LIDAR Industry Report- Forecast 2022 Major Key
Players The key players in the global LIDAR
Industry include Faro Leica Geosystems (Sweden),
Technology (U.S.), Velodyne LiDAR, Inc. (U.S.),
Beijing Beike Technology Co., Ltd (isurestar)
(China), Riegl Laser Measurement Systems GmbH
(Austria), Quantum Spatial (Aerometric, Inc.)
(U.S.), Teledyne Optech Inc. (Canada), YellowScan
(France), Geokno India Pvt. Ltd. (India),
Trimble Inc. (U.S.), and others.
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• LIDAR Industry Report- Forecast 2022
• Segmentation
• By Type-
• Terrestrial
• Airborne
• By Component-
• Laser
• Navigation
• Camera
• GPS Receiver
• GSS Receiver
• MEMS
• By Application-
• Seismology
• Corridor mapping
• Exploration

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LIDAR Industry Report- Forecast 2022 Regional
Analysis The global LIDAR Industry is expected
to grow significantly. The market is highly
application basis. GSS segment of LIDAR Industry
globally drives the market. The market is
expected to have higher growth rate as compared
to the previous years. North-America accounted
for the largest market share, because of the
increasing investment by various firms towards
ADAS and driverless cars and also provides new
opportunities for small, versatile, and low-cost
LIDAR systems.
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LIDAR Industry Report- Forecast 2022
(Germany) are focusing on the digital utilities
transformation.