Aerial LIDAR lead the market holding
more than 50% market share in 2016
The Aerial LIDAR segment was the largest application segment of the LIDAR
market in 2016. Development of automation industry and requirement of
improvised surveying technology is the key factor which is anticipated to drive
the growth of the LIDAR market. Developed regions like North America are the
major consumers of the Aerial LIDAR technology. Moreover, increase in aerial
LIDAR applications in various industries, apart from traditional military
applications, has increased the demand for aerial LIDAR industry. This method
provides accurate and precise mapping of the object and is widely being used
for topographic surveys in areas of vegetation. With the latest advancements in
LIDAR sensors, the accuracy of aerial LIDAR systems has enhanced.
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