Credence Research, the leading business intelligence provider, has published its latest research, "LiDAR Market 2026", which gives insights into LiDAR in the Global market. The report determines the market size for 2018, along with forecasts until 2026. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Researchs team of industry experts.
This research report gives worldwide LiDAR volume forecast and recent quarter review of major LiDAR vendor performance. The report includes major vendors' volume, growth trends, revenue and revenue growth trends, operating profit margin and ASP, along with analyst insights.
Market Insights:
Light Detection and Ranging (LiDAR) is a sensing technology used for measuring distance to a target using laser light. Unlike radar technology, LiDAR uses short wavelength waves for measuring the distance. The technology is used to get 3-dimensional information regarding the shape and surface characteristics of the target, thereby enabling scientists and mapping experts to study and examine their target with accuracy and precision. Although the use of LiDAR technology was initially limited to defense, government, and corridor mapping applications, increased awareness regarding the benefits offered (cost, accuracy, reach, etc.) have extended their applications to disaster preparedness and risk study, transportation, and power transmission among others. The global LiDAR market is still in the nascent stage of development and is poised to offer strong business and investment opportunities over the forecast period 2016 2023.
Leading Players: Quantum Spatial (Aerometric, Inc.), Leica Geosystems AG, Riegl Laser Measurement Systems GmbH, Faro Technology, Optech Inc., Trimble Navigation Limited, 3D Laser Mapping, GeoDigital, Airborne Imaging Inc., Avent Lidar Technology, Renishaw Plc, Michael Baker International, Sick AG, Topcon Positioning Systems, Inc., YellowScan, Velodyne LiDAR, Inc., and Geokno India Pvt. Ltd. among others..
The report presents the brief overview of LiDAR Market including business description, key information and facts, and its locations and subsidiaries
The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
Special feature on out-licensed and partnered product portfolio
The report summarizes all the dormant and discontinued projects
Latest company statement
Latest news and deals relating to the LiDAR products
Research methodology
The following research methods were used in this report:
Desk study
A questionnaire survey among specialty retail chains
Analyzing statistical data released by the Federal Customs Service
Desk study sources include materials taken from print and online media conference materials.
Reasons to Buy
The report provides information about technology solutions needed for the implementation of LiDAR projects, and allows readers to make effective business decisions
The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through LiDAR solutions
The report highlights projected investment on LiDAR over the next two years. This will help organizations to allocate budget towards LiDAR implementation and business expansion
The report helps executives plan their adoption of LiDAR by providing expected timeframes for implementation
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