The global LiDAR market is anticipated to grow at a significant CAGR of 15% during the forecast period. LIDAR (Light Detection and Ranging) is a remote sensing method that is used to measure the distance of an object on the earth’s surface. The data present in LiDAR can be converted into 3D maps for representation, and it makes the environment interpretation easy. More accuracy than other technologies, a wide range of applications and higher data density are likely to act as driving forces for the global LiDAR market growth.
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The impact of the covid-19 pandemic has fallen on almost all sectors of development including retail which plays a major role in the day to day life. The measures are taken to control the spread of the virus across society lead to a decline in economic growth, and restrictions on people’s mobility. The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown rules and regulations by governments across several nations resulting in disruptions in import and export activities of LiDAR Sensors.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global LiDAR Market by Technology
- 2D LiDAR System
- 3D LiDAR System
Global LiDAR Market by Application
- Surveying & Modelling
- Safety & Security
- Robotics
- Industrial Applications
- Education & Research
- Gaming & Augmented Reality (AR)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AutonomouStuff, LLC
- Faro Technologies Inc.
- Firmatek LLC
- Geokno (GMR Infrastructure Ltd.)
- GeoSLAM Ltd.
- Hydro International
- Ibeo Automotive Systems GmbH
- LeddarTech Inc.
- Leica Geosystems AG
- Lumentum Holdings Inc.
- Lumibird
- Mira Solutions Inc.
- Ouster, Inc.
- Quanergy Systems, Inc
- Q-PLUS Labs
- RIEGL USA
- Sick AG
- Teledyne Optech
- Trimble Inc.
- Velodyne Lidar, Inc.
- YellowScan
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global LiDAR market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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