Market Research Reports U.S. Airborne LiDAR Industry Trends & 2022 Foreca | Page 2

Description:
Aerial LiDAR system is a mapping technology that uses a laser beam to measure the distance from an aircraft to the earth’ s surface by utilizing onboard GPS and inertial measurement unit( IMU) sensors to determine the geospatial location of terrestrial objects and their features with high precision.
In the U. S., aerial LiDAR systems are widely used in forestry management & planning, flood modeling, urban / city modeling, pollution modeling, coastline management, transport planning, and cellular network planning. A recent trend to collect higher point densities by flying lower and slower to collect multiple data sets is widely adopted in the industry. Scientists reported that by utilizing this method, the system is able to measure the ground with 5 – 20 or even up to 40 points per square meter. This method is expected to provide accurate and precise mapping of the object and is widely employed for topographic surveys in the U. S. Accuracy of aerial LiDAR systems in the past few years has been enhanced due to the latest advancements in LiDAR sensors.
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2014-2022.
Rise in the adoption rate of aerial LiDAR technology in the U. S. was observed owing to the growth of defense & aerospace and technological advancements in forestry & agriculture applications. In airborne applications, LiDAR technology provides exceptional advantages over RADAR technology such as improved accuracy, real-time mapping ability, and better visualization, which collectively drive the LiDAR market across U. S. Moreover, traditional specifications of aerial LiDAR systems are able to measure only one pulse per square meter point density; however, advancement in the traditional aerial systems along with the multipulse technique in aerial LiDAR systems further supplements the growth of the market. However, various Federal Aviation Administration( FAA) regulations on drones restrain the growth of airborne LiDAR in the U. S.
U. S. Military Expenditure Compared to Other Countries, 2014(%) Source: Center for Arms Control and Non-Proliferation
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In the year 2014, U. S. accounted for approximately 87 % of the global military spending in Americas. Of the total U. S. military spending, technological upgradation holds a major share, which includes implementation of airborne LiDAR-based technology.
The market is segmented on the basis of component, application, and end user. Based on component, the market is segmented into lasers, inertial navigation systems, cameras, GPS / GNSS receivers, and Microelectromechanical systems. Based on application, the market
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