Global LIDAR Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2024
The major factors contributing to the growth of the market includes factors such as rising
government initiatives and increasing adoption, increasing use of drones in numerous
applications, growing lidar application in engineering projects and large-magnitude set and
technological advancement. .
The key market players for Global Lidar Market are listed below:
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Teledyne Optech Inc
Smith & Hexagon,
Sick AG and Trimble Inc..
Quantum Spatial,
Faro Technologies,
Beijing Beike Technology Co., Ltd,
Riegl Laser Measurement Systems Gmbh ,
Velodyne Lidar, Inc.
Yellowscan ,
Geokno India Pvt. Ltd.,
Quanergy Systems, Inc.,
Innoviz Technologies Ltd,
Innoluce BV,
Leddartech,
Autonomoustuff,
Geodigital,
Trilumina,
Tetravue,
Luminar,
Princeton Lightwave Inc.,
Neptec Technologies
The market is further segmented into:
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Type
Application
End User
Geography
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The global Lidar market is segmented on the basis of components, products, application and
services. The report provides data for 2015 to 2024, 2016 being the current year while
2017 to 2024 is the forecast period for the report.
Based on component, the global lidar market is segmented into four components which
include navigation and positioning system, laser scanners, photodetector receivers and
others. The navigation and positioning system are further sub segment into global
positioning system (GPS) and internal measurement unit (IMU). Others market is further
sub segmented into camera, high-precision clock and other accessories. The global
navigation and positioning system market is expected to reach USD 2,480.17 million by
2024, from USD 455.02 million in 2016, growing at a CAGR of 23.9%.