LIDAR Market

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LIDAR Market
Report-Forecast 2022
LIDAR Market Report- Forecast 2022
P
a g e 1 Copyright 2017 Market Research
Future.
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LIDAR Market Report- Forecast 2022
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LIDAR Market Report- Forecast 2022 Summary Nowaday
s 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 market 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
market would pose a higher impact on the
increasing number of automated cars.
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LIDAR Market Report- Forecast 2022 Major Key
Players The key players in the global lidar
market 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 Market 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 Market Report- Forecast 2022 Regional
Analysis The global lidar market is expected to
grow significantly. The market is highly
application basis. GSS segment of LIDAR market
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 Market Report- Forecast 2022
(Germany) are focusing on the digital utilities
transformation.