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LiDAR Market is Driven by High Demand for 3D Mapping and Increasing Demand for LiDAR in Autonomous Vehicles | SICK AG, Quantum Spatial, Faro Technologies, Trimble

Lidar is a remote sensing technology that uses laser light to map the surface of the earth. It is used to measure the distance between objects and can be used to create 3D models of the landscape.
Published 24 July 2023

Lidar is a remote sensing technology that uses laser light to map the surface of the earth. It is used to measure the distance between objects and can be used to create 3D models of the landscape. Lidar is used in a variety of applications including mapping, surveying, navigation, and environmental monitoring.

Key Trends and Drivers

The key trends in the LiDAR market are the increasing use of LiDAR in autonomous vehicles, the increasing use of LiDAR in robots, and the increasing use of LiDAR in drones.

The key drivers of LiDAR market are high demand for 3D mapping and surveying applications, rapid growth in construction and infrastructure development, and increasing demand for LiDAR in autonomous vehicles.

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Market Segments

By Type

Terrestrial

Aerial

Mobile

Short Rang

By Component

LASER

Inertial

Camera

GPS GNSS

Micro-electro mechanical system (MEMS)

By Application

Corridor Mapping

Seismology

Exploration & Detection

Others

By End-User

Defense & Aerospace

Civil Engineering

Archaeology

Forestry & Agriculture

Mining

Transportation

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Key Players

Velodyne

Leica Geosystems AG,

GeoSLAM Ltd.

Firmatek LLC,

RIEGL Laser Measurement Systems GmbH

Mira Solutions Inc

Aerometric Surveys

Airborne Hydrography

Leosphere SAS

Faro Technologies,

Trimble

Hexagon

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Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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