Posted in | News | Optics and Photonics

Global LiDAR Market Forecast to Grow at 19.2% CAGR

Research and Markets has announced the addition of the "Global LiDAR Market 2014-2018" report to their offering.

The Global LiDAR market to grow at a CAGR of 19.2 percent over the period 2013-2018.

LiDAR stands for Light Detection and Ranging. It is a technology to generate precise and spatial information about a particular object. The technology works on the principle of reflection where focused beam of light is emitted and then detected by the sensor after reflecting from the object and the time taken for the process is measured. This data is used to calculate the distances to objects and create a 3D map of any space. LiDAR is similar to RADAR with the difference being use of discrete pulses of laser light by LiDAR and radio waves by RADAR. The LiDAR technology uses lasers, sensors, GPS and INS as its major components.

One of the key trends emerging in this market is the growing number of applications for this technology. As a result of advances in technology, LiDAR can be used in new areas and applications such as digital surface modeling and long-range imaging.

According to the report, one of the major drivers in this market is the increase in advances in LiDAR technology. The advances in the field of LiDAR have led to an increase in the number of applications such as digital surface modeling and long-range imaging.

Further, the report states that one of the major challenges in this market is low consumer awareness about the major benefits of LiDAR technology and this low awareness has resulted in slower market growth in many parts of the world.

Key Vendors

  • 3D Laser Mapping
  • Aerometric
  • Airborne Hydrography
  • Avent Lidar Technology
  • DigitalWorld Mapping

Other Prominent Vendors

  • Airborne Imaging
  • Faro Technologies
  • Firmatek
  • Leica Geosystems
  • Mosaic 3d
  • Optech
  • RIEGL Laser Measurement Systems
  • Trimble Navigation

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by Application
  8. Market Segmentation by Product
  9. Geographical Segmentation
  10. Key Leading Countries
  11. Buying Criteria
  12. Market Growth Drivers
  13. Drivers and their Impact
  14. Market Challenges
  15. Impact of Drivers and Challenges
  16. Market Trends
  17. Trends and their Impact
  18. Vendor Landscape
  19. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/jfj7zf/global_lidar

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.