Market Analysis Report LiDAR Market | Page 2

Your Catalyst to a Lucrative Business Get Sample Copy of this Report @ Products comprise short range, airborne, mobile, and terrestrial. Terrestrial products held over 30% of the total revenues in 2015. Their advantages include remote acquisition and measurement, and high point density data. Mobile systems are foreseen to grow at a CAGR of over 24% in the next eight years. This attributes to surging demand for accurate, high-resolution 3D geospatial data. Components include laser scanners, GPS (Global Positioning System), data storage & management, navigation/IMU (Inertial Measurement Unit), and others. ‘Others’ consist of MEMS (Micro-Electro-Mechanical Systems) mirror and cameras. IMU is expected to grow at a 23% CAGR through the forecast period. North America, Europe, Asia Pacific, Latin America, and MEA (the Middle East & Africa) constitute the regional segments of the LiDAR market. North America is poised to dominate by 2024. It could account for over 39% of the market revenues that year. This is credited to widespread adoption of advanced 3D imaging technologies by the U.S. government. Asia Pacific should grow owing to escalating spending on military & defense. Key players in the global market include Aerometric Quantum Spatial, Airborne Hydrography AB, Reigl Laser Measurement System GmBH, Michael Baker International, Lecia Geosystems AG. They focus on collaborations, acquisitions, and product launches to gain market share. Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.1.1 Initial data exploration 1.1.2 Statistical modeling and forecast 1.1.3 Industry insights and validation 1.2 List of Data Sources Chapter 2 Executive Summary 2.1 LiDAR industry 3600 synopsis, 2016 - 2024 2.1.1 Business trends 2.1.2 Application trends 2.1.3 Regional trends Chapter 3 LiDAR Industry Insights 3.1 Industry segmentation 3.2 Industry size, forecast and growth prospects, 2016 - 2024 3.3 Industry ecosystem analysis 3.3.1 Vendor landscape 3.4 LiDAR industry dynamics 3.4.1 Growth drivers High demand in environmental applications 3D imagery demand 3.4.2 Industry pitfalls & challenges Low degree of awareness Follow Us: