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LiDAR Market to create new growth opportunities, forecast by 2029

LiDAR Market Report Scope and Research Methodology

The LiDAR Market report presents insights into the main drivers, challenges, and significant constraints within the industry. It incorporates current trends and noteworthy market developments, offering clients a thorough understanding of potentially lucrative opportunities. Throughout the projected period, the report provides estimates of market size and growth rates. Regional market analysis is conducted on local, regional, and global scales to grasp market penetration, competitive landscape, pricing dynamics, and demand assessment. The analysis of the LiDAR Market utilizes research tools such as SWOT, PESTLE, and Porter to examine micro and macro factors influencing the market. Therefore, the report serves as a valuable guide for investors, stakeholders, and market observers.

Market Value :

LiDAR Market was worth US$ 1.59 Bn. in 2022 and total revenue is expected to grow at a rate of 20.7 % CAGR from 2022 to 2029, the LiDAR Market is reaching almost US$ 5.95 Bn. in 2029.

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LiDAR Market Regional Insights

The report provides an in-depth examination of various factors, encompassing market size, growth rate, and import-export dynamics within different regions. The application of Regional Analysis within the report aims to grasp the current status of the LiDAR market across diverse countries. The LiDAR market is broadly categorized into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

LiDAR Market Segmentation

The market is divided into two sub-sectors based on installation: airborne and ground-based. As more aerial mapping equipment is adopted, the airborne segment is anticipated to hold the largest share of the market, which is projected to grow at a CAGR of **% during the forecast years.

The market is divided into four sub-sectors based on component: GPS, Navigation (IMU), Laser Scanners, and Mobile & UAV. Using laser scanners, an intensity value is recorded to produce a return signal strength that can help distinguish between objects with various reflectivities.

The market is divided into Corridor Mapping, ADAS & Driverless Car, Engineering, and Others segments based on application. It is anticipated that while the corridor mapping application will grow somewhat, its overall market share will decline.

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LiDAR Market Key Players

1. Leica Geosystems Holdings AG
2. Teledyne Optech Inc.
3. Quantum Spatial, Inc.
4. Faro Technologies, Inc.
5. Velodyne LiDAR, Inc.
6. Sick AG
7. Geokno
8. Trimble, Inc.
11.Beijing Surestar Technology
12.Optech Inc.
14.Topcon Positioning Systems Inc.
16.Trimble, Inc. (US)
19.Trimble Inc.
20.Phoenix LiDAR Systems
21.LeddarTech Inc.
22.Quanergy Systems, Inc.
23.Innoviz Technologies Ltd.
24.ZX Lidars
26.Waymo LLC
28.Lumibird Canada
29.Ouster, Inc.

Table of content for the LiDAR Market includes:

Part 01: Executive Summary

Part 02: Scope of the LiDAR Market Report

Part 03: LiDAR Market Landscape

Part 04: LiDAR Market Sizing

Part 05: LiDAR Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key questions answered in the LiDAR Market are:

What is LiDAR Market?
What was the LiDAR market size in 2022?
What is the growth rate of the LiDAR Market?
Which are the factors expected to drive the LiDAR market growth?
What are the different segments of the LiDAR Market?
What growth strategies are the players considering to increase their presence in LiDAR?
What are the upcoming industry applications and trends for the LiDAR Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the LiDAR Market?
What is the demand pattern of the LiDAR Market?
What major challenges could the LiDAR Market face in the future?
What segments are covered in the LiDAR Market?
Who are the leading companies and what are their portfolios in LiDAR Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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