1. Market Research
  2. > Automotive
  3. > Auto Parts Market Trends
LiDAR Market Analysis By Component Type (Laser Scanner, GPS, Navigation, Others), By Application Type (Corridor Mapping, Engineering, Environment, Exploration, Advanced Driver Assistance LiDAR Market Mobile & UAV) And Segment Forecasts To 2024

LiDAR Market Analysis By Component Type (Laser Scanner, GPS, Navigation, Others), By Application Type (Corridor Mapping, Engineering, Environment, Exploration, Advanced Driver Assistance LiDAR Market Mobile & UAV) And Segment Forecasts To 2024

  • October 2016
  • 139 pages
  • ID: 4394783
  • Format: PDF
  • By Grand View Research

Summary

Table of Contents

The global LiDAR market is expected to reach USD 1.34 billion by 2024, according to a new report by Grand View Research, Inc. The surging acceptance in environmental mapping and automobile safety application arenas is expected to boost the market growth. The increasing acceptance in the construction and architectural segment for monitoring & 3D-modeling applications is further anticipated to bolster the market growth.

The market can be categorized on the basis of application types into corridor mapping, engineering, environment, exploration, Advanced Driver Assistance Systems (ADAS) & others. The ADAS application segment is expected to grow at a remarkable pace owing to the surging incorporation in automotive safety and forward-collision avoidance systems; for instance, in Automatic Emergency Braking (AEB) systems to reduce the number of car crashes.

In July 2016, Velodyne LiDAR (U.S.) announced a partnership agreement with Dibotics (France), a Paris-based pioneer in the infrastructure-less and GPS-denied navigation. Dibotics would be providing consulting services to Velodyne customers in the 3D SLAM software segment, where the company would make contributions to the Dibotics platform in augmenting its technology deployed with Velodyne’s 3D LiDAR sensors.


Further key findings from the report suggest:


The global LiDAR market is estimated to grow significantly over the forecast period due to automation in numerous industries, leading to reduced human efforts and increased efficiency. The technological superiority of LiDAR and several engineering projects of the large magnitude are estimated to trigger the demand by 2024.

Airborne systems are expected to remain the dominant product segment over the forecast period. The segment is anticipated to gain prominence over the forecast period on account of the surging adoption of aerial mapping devices. Mobile terrestrial scanning is a frequently preferred survey method in monitoring, conservative topography, and geospatial mapping. UAV systems, also popularly known as drone mappers, are a contemporary mapping technique that incorporates LiDAR devices mounted on a drone to conduct scanning & associated mapping operations.

North America is expected to emerge as one of the leading regional markets owing to the rising R&D spending coupled with high adoption in the automotive sector and environmental scanning & modeling operations. Asia Pacific is expected to witness a substantial growth over the forecast period. The surge in the demand across the product segments is expected to spur the market demand.

The key industry participants include Velodyne LiDAR, Inc., Leica Geosystems Holdings AG, Faro Technologies Inc., Trimble Navigation Limited, and RIEGL USA Inc. The current market environment is witnessing an intense competition between the key players for achieving the market domination via product differentiation and enhancement of quality.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global 3D Metrology Market (2019-2025)

Global 3D Metrology Market (2019-2025)

  • $ 3600
  • September 2019

The Global 3D Metrology Market size is expected to reach $17.3 billion by 2025, rising at a market growth of 9.4% CAGR during the forecast period. 3D Metrology System is a state-of-the-art technology that ...

Global Smart Factory Market Research Report Forecast to 2023

Global Smart Factory Market Research Report Forecast to 2023

  • $ 4450
  • June 2019

Global Smart Factory Market Report: by Component (Software, Hardware, Service), by Connectivity (Wired Connectivity, Wireless Connectivity), by Industry Vertical (Electronics and Semiconductor, Aerospace ...

APAC Strategy Consulting Market to 2025 - Regional Analysis and Forecasts by Services ; and Industry Vertical

APAC Strategy Consulting Market to 2025 - Regional Analysis and Forecasts by Services ; and Industry Vertical

  • $ 3000
  • April 2019

"The APAC Strategy consulting market accounted for US$ 7.23 Bn in 2017 and is expected to grow at a CAGR of 15.5% over the forecast period 2018-2025, to account for US$ 22.84 Bn in 2025. Factors including ...


ref:plp2016

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on