Middle East and Africa LiDAR Market Forecast to Grow at 25.5% CAGR

Research and Markets has announced the addition of the "Middle East and Africa LiDAR market by Product, by Application, and by Country - Analysis & Forecasts to 2019" report to their offering.

The Middle East and Africa LiDAR market is estimated to grow at a CAGR of 25.5% during the forecast period.

In this report, the Middle East and Africa LiDAR market has been segmented on the basis of product type and application. The short range LiDAR is expected to grow at a CAGR of 60.4% in the forecast period.

The Middle East and Africa LiDAR market is driven by the advent of industrial automation which plays a critical role in many applications such as volumetric mapping, mining, and so on.

The innovative technology of LiDAR systems allows accurate mapping of large areas. Unlike other static scanning techniques, most LiDAR projects are very huge in terms of both revenue and size of area/topography mapped. This has attracted many players towards the LiDAR market. Moreover, the leading market players in the Middle East and Africa strategize for the growth of the LiDAR market in the region through various agreements and acquisitions.

Geographically, the market share of the Middle East is estimated at 79.6% of the Middle East and Africa LiDAR market. The factors driving the growth of the LIDAR market in the Middle East and Africa are the increase in industrial automation and technological superiority of LiDAR as compared to other technologies.

There are a number of players in the Middle East and Africa region for LiDAR market which makes it competitive. As of 2014, the Middle East LiDAR market has top market players such as Trimble and Optech. New product launches & partnerships, agreements, collaborations, and joint ventures are the major strategies adopted for growth in the LiDAR market by most market players.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Middle East and Africa LiDAR Market, By Product Type

5 Middle East and Africa LiDAR Market, By Application

6 Middle East and Africa LiDAR Market, By Geography

7 Middle East and Africa LiDAR Market: Competitive Landscape

8 Middle East and Africa LiDAR Market, By Company

• FARO Technology
• Leica Geosystems
• Optech Inc.
• Topcon Corporation
• Trimble Navigation Limited

For more information visit http://www.researchandmarkets.com/research/r8rz6d/middle_east_and

Source: http://www.researchandmarkets.com/