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LiDAR Market by Product Type (Terrestrial / Static, Aerial, Mobile, Short-range), Application (Corridor mapping, Seismology, Exploration and detection), Components (Laser, Inertial navigation system, Camera, Gps/Gnss receiver, Micro Electro Mechanical System) and End User (Defense and aerospace, Civil Engineering, Archaeology, Forestry and Agriculture, Mining Industry, Transportation) - Global Opportunity Analysis and Industry Forecast, 2015 - 2022

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SE_16367
Pages: 118
Apr 2016 | 8384 Views
 
Author's : Sumeet Pal
Tables: 47
Charts: 27
 

LiDAR Market Industry Overview :

LiDAR Market is expected to garner $921.2 million by 2022, growing at a prominent CAGR of 18.5% from 2016 to 2022. Introduction of Light Detection and Ranging (LiDAR) systems have made the examination, detection and mapping of objects easier than conventional methods. Use of laser light provides accurate and precise data points in short time. LiDAR systems are used over conventional surveying methods due to their ability to provide highly accurate data and 3D scanning of images in a shorter time. The improved automated processing ability of LiDAR systems in terms of image resolutions and data processing capabilities over other technologies are the major factors that are presently driving the growth of the global market. Other factors that are supplementing the growth of LiDAR market as a whole are rising demand of 3D imaging technology across various application areas, and the increasing adoption of aerial LiDAR systems to explore and detect places, historic details, etc. On the other hand, less awareness about the benefits of LiDAR systems and the use of expensive components in LiDAR systems viz., laser scanners, navigation system, high-resolution 3D cameras, etc. collectively increases the cost of LiDAR systems. These factors are causing less adoption of LiDAR technology and restricting the growth of the LiDAR market.

Segment Overview
The global LiDAR market is segmented based on type of LiDAR systems, components used, their application, end user sectors and geography. Static or terrestrial, aerial, mobile and short range are the various types of LiDAR systems elaborated in the report. The components of LiDAR systems discussed are laser scanner, inertial navigation system, camera, GPS receiver and micro-electro-mechanical system. The report also includes corridor mapping, seismology, and exploration and detection purpose as some of the major application of LiDAR systems. End-user segment consists of LiDAR systems that are used across various industry verticals viz., defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining industry and transportation. A study with respect to regions is conducted to perform in-depth analysis if LiDAR technology across various geographies. The regions examined are North America, Europe, Asia-Pacific and LAMEA.

Lidar market Segment Overview

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Top Impacting Factors in World LiDAR Market

Top impacting factors for LiDAR Market

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Automated systems in LiDAR
The automated systems help to improve overall functioning of LiDAR and user experience. The automated system drives the usage of LiDAR in automobiles and other consumer applications. However, the impact of this factor is presently low due to the limited availability of automated cars. In future, this factor would pose a higher impact with increasing number of automated cars.

High cost of devices
The adoption of LiDAR devices faces strong challenge due to their high prices. As compared to alternative technology i.e., RADAR, LiDAR instruments are available at about 10100 times the usual prices. However, with fall in laser generator costs and 3D imaging software prices, the negative impact of this factor would reduce significantly.

Adoption of aerial LiDAR
Aerial LiDAR segment is the major market-driving segment due to its applications in aircrafts and drones for numerous purposes including military, corridor mapping, etc. In future, the aerial LiDAR business would continue to garner higher portion of LiDAR market revenue due to persistent adoption from its present application industries.

Emergence of newer applications
LiDARs are identified as impressive technology for driverless-car-concept implementation. The Google Car is one such project based on LiDAR technology. In future, this emerging application would contribute significantly for the uptake of LiDAR market.

Top Winning Strategies for World LiDAR Market (2015-2022)

Top Winning Strategies for World LiDAR Market (2015-2022)

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Presently, the LiDAR market is largely driven by product launch strategy. The increasing adoption of 3D imaging technology to capture geospatial scans for military, forest, agricultural and civil infrastructure purposes is a key contributor for the emergence of the LiDAR market. With an improved product portfolio, companies can target the market with differentiated offerings. Companies are launching new products to increase their market penetration, especially for airborne and short-range LiDARs. The high proportion of product launches highlights the emergence of LiDAR technology in the global LiDAR market. Key LiDAR market players, such as Faro Technologies, Airborne Hydrography AB, Leica Geosystems, etc. are enhancing their product portfolios by launching innovative LiDAR systems. Faro Technologies focuses on development of several components and software that are relevant for short-range LiDARs.

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KEY BENEFITS:

  • The study highlights the global LIDAR  market with current market situation and forecast the adoption of LIDAR  technology across varied industry verticals to look for the prominent investment pockets in the LiDAR market.
  • Market analysis unveils the dominant aspects viz., improved automated processing of data  in LIDAR  systems, performance of LIDAR  systems as compared to other technologies, rising demand of 3D imaging, which drives the global LIDAR  market
  • Trends of the global market are outlined to determine the overall attractiveness and single out market trends to gain a stronger foothold in the market
  • Microscopic analysis of segments is conducted to gauge the potential of the market. The segments highlight the major favorable conditions for the growth of global LIDAR  market
  • Porters five force’s model helps in analyzing the potential of buyers & suppliers with a competitive sketch of the market, which help market players in making better decisions
  • The value chain analysis of the industry provides a clear view of key intermediaries involved and elaborates their roles and value addition at every stage in the chain

LiDAR MARKET SEGMENTS:

The LiDAR market segmentation is illustrated below:

Market By Product Type

  • Terrestrial / Static
  • Aerial
  • Mobile
  • Short-range

Market By Application

  • Corridor mapping
  • Seismology
  • Exploration and detection
  • Others

Market By Components

  • Laser
  • Inertial navigation system
  • Camera
  • Gps/Gnss receiver
  • Micro Electro Mechanical System (MEMS)

Market By End-User

  • Defense and aerospace
  • Civil Engineering
  • Archaeology
  • Forestry and Agriculture
  • Mining Industry
  • Transportation

Market By Geography

  • North America
  • Europe
  • Asia-Pacific
 

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segment
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspectives

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies

3.3 Value chain analysis
3.4 Porters five forces analysis

3.4.1 Lower threat of new entrants
3.4.2 Higher threat of substitutes
3.4.3 Higher bargaining power of supplier
3.4.4 Higher bargaining power of buyers
3.4.5 Moderate industry rivalry

3.5 Drivers

3.5.1 Automated processing in LiDAR Systems
3.5.2 Better performance than other technologies
3.5.3 Rising demand for 3D imaging
3.5.4 Rise in demand of aerial LiDAR

3.6 Restraints

3.6.1 High cost of LiDAR instruments
3.6.2 Lack of awareness

3.7 Opportunities

3.7.1 Newer applications needing LiDAR captured data

Chapter: 4 WORLD LIDAR MARKET BY PRODUCT TYPE

4.1 Price-volume analysis
4.2 Terrestrial

4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Competitive scenario
4.2.4 Market size and forecast

4.3 Aerial

4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Competitive scenario
4.3.4 Market size and forecast

4.4 Mobile

4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Competitive scenario
4.4.4 Market size and forecast

4.5 Short-range

4.5.1 Key market trends
4.5.2 Key growth factors and opportunities
4.5.3 Competitive scenario
4.5.4 Market size and forecast

Chapter: 5 WORLD LIDAR MARKET BY COMPONENTS

5.1 Lasers

5.1.1 Key market trends
5.1.2 Competitive scenario
5.1.3 Key growth factors & opportunities
5.1.4 Market size and forecast

5.2 Inertial navigation system

5.2.1 Key market trends
5.2.2 Competitive scenario
5.2.3 Key growth factors and opportunities
5.2.4 Market size and forecast

5.3 Camera

5.3.1 Key market trends
5.3.2 Competitive scenario
5.3.3 Key growth factors and opportunities
5.3.4 Market size and forecast

5.4 GPS/GNSS receiver

5.4.1 Key market trends
5.4.2 Competitive scenario
5.4.3 Key growth factors and opportunities
5.4.4 Market size and forecast

5.5 Micro-electro mechanical system (MEMS)

5.5.1 Key market trends
5.5.2 Competitive scenario
5.5.3 Key growth factors and opportunities
5.5.4 Market size and forecast

Chapter: 6 WORLD LIDAR MARKET BY APPLICATION

6.1 Corridor mapping

6.1.1 Market size and forecast

6.2 Seismology

6.2.1 Market size and forecast

6.3 Exploration and detection

6.3.1 Market size and forecast

6.4 Others

6.4.1 Market size and forecast

Chapter: 7 WORLD LIDAR MARKET BY END USER

7.1 Defense and aerospace

7.1.1 Market size and forecast

7.2 Civil engineering

7.2.1 Market size and forecast

7.3 Archaeology

7.3.1 Market size and forecast

7.4 Forestry and agriculture

7.4.1 Market size and forecast

7.5 Mining industry

7.5.1 Market size and forecast

7.6 Transportation

7.6.1 Market size and forecast

Chapter: 8 WORLD LIDAR MARKET BY GEOGRAPHY

8.1 North America

8.1.1 Key market trends
8.1.2 Competitive scenario
8.1.3 Key growth factors and opportunities
8.1.4 Market size and forecast

8.2 Europe

8.2.1 Key market trends
8.2.2 Competitive scenario
8.2.3 Key growth factors and opportunities
8.2.4 Market size and forecast

8.3 Asia-Pacific

8.3.1 Key market trends
8.3.2 Competitive scenario
8.3.3 Key growth factors and opportunities
8.3.4 Market size and forecast

8.4 LAMEA

8.4.1 Key market trends
8.4.2 Competitive scenario
8.4.3 Key growth factors and opportunities
8.4.4 Market size and forecast

Chapter: 9 COMPANY PROFILES

9.1 Overview of LIDAR manufacturers & products
9.2 Product portfolio comparison

9.2.1 Velodyne

9.2.1.1 Product description

9.2.2 IBEO automotive systems GmbH

9.2.2.1 Product description

9.2.3 Sick

9.2.3.1 Product description

9.2.4 Hokuyo Automatic Co. Ltd.

9.2.4.1 Product description

9.3 Airborne Hydrography AB

9.3.1 Company overview
9.3.2 Business performance
9.3.3 Key strategies and developments
9.3.4 SWOT analysis of Airborne Hydrography AB

9.4 Leosphere SaS

9.4.1 Company overview
9.4.2 Key strategies and developments
9.4.3 SWOT analysis of Leosphere SaS

9.5 Faro Technologies Inc.

9.5.1 Company overview
9.5.2 Business performance
9.5.3 Key strategies and developments
9.5.4 SWOT analysis of Faro Technologies Inc.

9.6 Leica Geosystems Inc. (Hexagon)

9.6.1 Company overview
9.6.2 Business performance
9.6.3 Key strategies and developments
9.6.4 SWOT analysis of Leica Geosystems Inc. (Hexagon)

9.7 3D Laser Mapping Inc.

9.7.1 Company overview
9.7.2 SWOT analysis of 3D Laser Mapping Inc.

9.8 Firmatek LLC

9.8.1 Company overview
9.8.2 SWOT analysis of Firmatek LLC

9.9 RIEGL Laser Measurement Systems GmbH

9.9.1 Company overview
9.9.2 SWOT analysis of RIEGL Laser Measurement Systems GmbH

9.10 Aerometric Inc.

9.10.1 Company overview
9.10.2 SWOT analysis of Aerometric Inc.

9.11 Mira Solutions Inc.

9.11.1 Company overview
9.11.2 SWOT analysis of Mira Solutions Inc.

9.12 Optech Inc. (Teledyne Technologies)

9.12.1 Company overview
9.12.2 Business performance
9.12.3 Key strategies and developments
9.12.4 SWOT analysis of Optech Inc.

9.13 Quanergy Systems, Inc.

9.13.1 Company overview
9.13.2 Quanergys LiDAR product timing
9.13.3 Key strategies and developments
9.13.4 SWOT analysis of Quanergy Systems, Inc.

List of Figures

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP INVESTMENT POCKETS
FIG. 3 TOP WINNING STRATEGIES IN LIDAR MARKET
FIG. 4 CLASSIFICATION OF TOP WINNING STRATEGIES IN LIDAR MARKET
FIG. 5 VALUE CHAIN ANALYSIS OF LIDAR MARKET
FIG. 6 PORTERS FIVE FORCES MODEL
FIG. 7 U.S MILITARY EXPENDITURE COMPARED TO OTHER COUNTRIES (%)
FIG. 8 EUROPE GNSS DEVICE SHIPMENTS COMPARED TO NORTH AMERICA AND REST OF THE WORLD
FIG. 9 REVENUE GENERATED BY AIRBORNE HYDROGRAPHY AB, 20122014 ($MILLION)
FIG. 10 SWOT ANALYSIS OF AIRBORNE HYDROGRAPHY AB
FIG. 11 SWOT ANALYSIS OF LEOSPHERE SAS
FIG. 12 REVENUE GENERATED BY FARO TECHNOLOGIES INC., 20112014 ($MILLION)
FIG. 13 REVENUE OF FARO TECHNOLOGIES INC. IN PERCENTAGE BY GEOGRAPHY, 2014
FIG. 14 SWOT ANALYSIS OF FARO TECHNOLOGIES INC.
FIG. 15 REVENUE GENERATED BY HEXAGON, 20112014 ($MILLION)
FIG. 16 REVENUE OF HEXAGON IN PERCENTAGE, BY GEOGRAPHY, 2014
FIG. 17 SWOT ANALYSIS OF LEICA GEOSYSTEMS INC. (HEXAGON)
FIG. 18 SWOT ANALYSIS OF 3D LASER MAPPING INC.
FIG. 19 SWOT ANALYSIS OF FIRMATEK LLC
FIG. 20 SWOT ANALYSIS OF RIEGL LASER MEASUREMENT SYSTEMS GMBH
FIG. 21 SWOT ANALYSIS OF AEROMETRIC INC.
FIG. 22 SWOT ANALYSIS OF MIRA SOLUTIONS INC.
FIG. 23 REVENUE GENERATED BY TELEDYNE TECHNOLOGIES, 2011-2014 ($MILLION)
FIG. 24 REVENUE OF TELEDYNE TECHNOLOGIES IN PERCENTAGE BY SEGMENT, 2014
FIG. 25 REVENUE OF TELEDYNE TECHNOLOGIES IN PERCENTAGE, BY GEOGRAPHY, 2014
FIG. 26 SWOT ANALYSIS OF OPTECH INC.
FIG. 27 SWOT ANALYSIS OF QUANERGY SYSTEMS, INC.

List of Tables

TABLE 1 LIDAR MARKET REVENUE BY GEOGRAPHY, 20152022 ($MILLION)
TABLE 2 WORLD LIDAR MARKET REVENUE BY PRODUCT TYPE, 2015-2022 ($MILLION)
TABLE 3 AVERAGE SELLING PRICE OF LIDAR BY PRODUCT TYPE, 20152022 (US$)
TABLE 4 WORLD LIDAR MARKET, 20152022 BY UNITS SOLD (UNITS)
TABLE 5 WORLD TERRESTRIAL LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 6 WORLD AERIAL LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 7 WORLD MOBILE LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 8 WORLD SHORT-RANGE LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 9 WORLD LIDAR MARKET REVENUE BY COMPONENTS, 2015-2022 ($MILLION)
TABLE 10 WORLD LIDAR LASER COMPONENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 11 WORLD LIDAR INERTIAL NAVIGATION SYSTEM COMPONENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 12 WORLD LIDAR CAMERA COMPONENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 13 WORLD LIDAR GNS/GPSS RECEIVER MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 14 WORLD LIDAR MICRO ELCTRO MECHANICAL SYSTEM (MEMS) MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 15 WORLD LIDAR MARKET REVENUE BY APPLICATION, 2015-2022 ($MILLION)
TABLE 16 WORLD CORRIDOR MAPPING LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 17 WORLD SEISMOLOGY LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 18 WORLD EXPLORATION AND DETECTION LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 19 WORLD OTHER APPLICATION LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 20 WORLD LIDAR MARKET REVENUE BY END USER, 2015-2022 ($MILLION)
TABLE 21 WORLD DEFENSE AND AEROSPACE LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 22 WORLD CIVIL ENGINEERING LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 23 WORLD ARCHAEOLOGY LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 24 WORLD FORESTRY AND AGRICULTURE LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 25 WORLD MINING INDUSTRY LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 26 WORLD TRANSPORATION LIDAR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 27 NORTH AMERICA LIDAR MARKET REVENUE BY PRODUCT TYPE, 2015-2022 ($MILLION)
TABLE 28 EUROPE LIDAR MARKET REVENUE BY PRODUCT TYPE, 2015-2022 ($MILLION)
TABLE 29 ASIA-PACIFIC LIDAR MARKET REVENUE BY PRODUCT TYPE, 2015-2022 ($MILLION)
TABLE 30 LAMEA LIDAR MARKET REVENUE BY PRODUCT TYPE, 2015-2022 ($MILLION)
TABLE 31 LIDAR PRODUCTS AND THEIR USES
TABLE 32 PRICE RANGE FOR DIFFERENT TYPES OF LIDAR
TABLE 33 SUMMARIZED PRODUCT PORTFOLIO OF LOWER COST LIDAR SYSTEMS
TABLE 34 AIRBORNE HYDROGRAPHY AB BUSINESS SNAPSHOT
TABLE 35 LEOSPHERE SAS BUSINESS SNAPSHOT
TABLE 36 FARO TECHNOLOGY INC. BUSINESS SNAPSHOT
TABLE 37 LEICA GEOSYSTEMS INC. (HEXAGON) BUSINESS SNAPSHOT
TABLE 38 3D LASER MAPPING INC. BUSINESS SNAPSHOT
TABLE 39 FIRMATEC LLC BUSINESS SNAPSHOT
TABLE 40 RIEGL LASER MEASUREMENT SYSTEMS GMBH BUSINESS SNAPSHOT
TABLE 41 AEROMETRIC INC. BUSINESS SNAPSHOT
TABLE 42 MIRA SOLUTIONS INC. BUSINESS SNAPSHOT
TABLE 43 OPTECH INC. BUSINESS SNAPSHOT
TABLE 44 QUANERGY SYSTEMS, INC. BUSINESS SNAPSHOT
TABLE 45 PLANNED APPLICATION AREAS TO BE SERVED BY THE COMPANY
TABLE 46 TENTATIVE PRICE RANGE OF VARIOUS PRODUCTS BY QUANERGY SYSTEMS
TABLE 47 VARIOUS LIDAR PRODUCTS AND THEIR TIMING

 

Light detection and ranging (LIDAR), is a dynamically emerging technology, which helps to capture high definition 3D data of geospatial surfaces. Innovations in the laser technology facilitate the process of price corrections in LIDAR products. Simultaneously, the changed demands and preferences of urban population are unveiling newer LIDAR applications apart from conventional military applications. Fuelled by an unprecedentedly high demand for accurate and high resolution 3D images of the tracked object, these systems are most widely used in areas of defence and aerospace, civil engineering, archaeology, forestry and agriculture, mining, transportation etc. Flood mapping and power line deployments are major applications of LIDAR systems in Civil engineering and forestry sectors.

The sophistication of 3D imaging technology is leading to increased corridor mapping and exploration and detection activities by LIDAR systems. Defence and corridor mapping applications would continue to dominate the market.  However, the applications for automobile and the internet of things would emerge as lucrative areas of investments. Driverless cars is the strategically addressed application by some tech-leaders, which is based on LIDAR technology. After Google cars, Apple has initiated its project of developing automated cars. Such projects would generate additional demand for LIDAR devices based on their commercial success. Another impressive application that would drive the LIDAR market would be smart appliances in smart homes or offices. The smart appliances based on robotics largely depend on LIDAR technology for their operation. Adoption rate of LIDAR technology in countries such as US, Canada and Mexico is higher than developing countries.  Eventually, the LIDAR technology market should also mark a major presence in the in Asian market. 

 

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