Light Detection and Ranging (LiDAR) Market - Global Industry

Analysis and Forecast 2015 - 2021

Persistence Market Research

Light Detection and Ranging (LiDAR) Market:

Global Industry Analysis and Forecast 2015 2021

Persistence Market Research

Light Detection and Ranging (LiDAR) Market - Global Industry

Analysis and Forecast 2015 - 2021

Persistence Market Research Released New Market Report on Light Detection and Ranging
(LiDAR) Market - Global Industry Analysis and Forecast 2015 - 2021.
Light Detection and Ranging, popularly known as LiDAR (derived from the common term
RADAR) is a sensing technology that makes use of light pulses in the form of a laser to
measure variable distances from the Earth. A three dimensional information about the
surface characteristics and shape of Earth is obtained using this technology. LiDAR
technology helps mapping professionals and scientists to examine and study man-made as
well as natural environments with precision, accuracy and flexibility.

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Early, the use of LiDAR was confined to the government and military applications. However,
with technological advancements, and reductions in the manufacturing cost of LiDARs, it is
heavily penetrating into the industrial as well as the commercial sectors. A few of the major
applications catered by LiDAR technology include: volumetric mapping, mining, forestry,
archaeology, geology, seismology, mining, topographic surveying, and corridor mapping
among others. Additionally, light detection and ranging also encompasses the field of civil
engineering with its applications in transportation, urban mapping and planning,
infrastructure projects, and roadway planning among others. Currently, civil engineering and
planning are the top revenue grossing applications for light detection and ranging systems.
The LiDAR market is classified on the basis product type: airborne LiDAR, Terrestrial LiDAR,
Mobile LiDAR and Short range LiDAR. However technological innovations are boosting the
cost-benefit ratio of terrestrial and mobile LiDAR systems. Further, the LiDAR market may
also be classified based on its components such as the inertial navigation system,
GPS/GNSS, laser diode, camera and MEMS mirror.

Currently, there is no potential substitute for the LiDAR technology. Moreover, market has
witnessed increased rapid growth in the automation provided by the LiDARs, along with the
technological superiority in its field of application. Owing to these reasons, the LiDAR market
is anticipated to grow at a substantial rate in near future. FARO, introduced Focus 3D LiDAR

Persistence Market Research

Light Detection and Ranging (LiDAR) Market - Global Industry

Analysis and Forecast 2015 - 2021
Scanner, a newly added low end device to the stationary 3D scanning market. The
PrimeSense 3D Sensor, a non-traditional LiDAR, delivers an innovative solution which is
adapted for real-time robotic navigation and is expected to fuel the 3D scanning LiDAR
market. The recently found wide application of LiDAR technology in the digital mapping area
has helped growth of this technology. Additionally, the introduction of low-cost, hand-held
LiDARs is expected to reform the surveying sector in the coming five years.

Some of the reasons responsible for a slow growth of the LiDAR market is high cost of the
equipments and lack of awareness amongst the masses about the adoption of this
technology. With technological advancements, LiDARs have found its usage in the field of
agriculture majorly to create a topographical map of the fields that reveals the slopes and
sun exposure of the farm land. This technology helps farmers to achieve the highest crop
yield by indicating key areas for the usage of expensive fertilizers. In addition, the
researchers are working on terrestrial LiDARs for automated indoor modeling, which would
aid them in modeling interiors of the building.

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The LiDAR market is geographically diversified with its origin almost across the globe. Some
of the key competitors in this market include RIEGL Laser Measurement Systems GmbH,
Leica Geosystems, Renishaw Plc, Airborne imaging, Inc., Trimble Navigation Limited and
Optech, Inc

Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market

Persistence Market Research

Light Detection and Ranging (LiDAR) Market - Global Industry

Analysis and Forecast 2015 - 2021
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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