LiDAR Market Insights: Industry Set to Grow at 19.74% CAGR, Reaching USD 6.42 Billion

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Unlocking the Future of the LiDAR Market:

Maximize Market Research has published a comprehensive analysis of the LiDAR Market, revealing critical business insights and projections through 2030. This detailed report explores the current market dynamics, competitive landscape, and emerging opportunities across regions, giving you a front-row seat to the evolving LiDAR industry.

Forecasted Expansion of LiDAR Market:

The LiDAR Market size was valued at USD 1.82 Billion in 2023 and the total LiDAR revenue is expected to grow at a CAGR of 19.74% from 2024 to 2030, reaching nearly USD 6.42 Billion by 2030.

Looking for insights? Request your free sample report now: https://www.maximizemarketresearch.com/request-sample/15107/ 

What's Inside the Report:

In-Depth Analysis & Segmentation

This report delves into every aspect of the LiDAR market, segmenting it by service category, company size, end-user sector, and geography. Using advanced methodologies like PORTER and PESTLE analyses, we examine drivers, challenges, and growth opportunities to provide you with an actionable view of the market landscape.

by Component

GPS
Navigation (IMU)
Laser Scanners
Mobile & UAV

by Type

Mechanical LiDAR
Solid-State LiDAR

by Installation

Airborne
Ground-Based

by End-User

Defense and Aerospace
Civil Engineering
Archaeology
Forestry and Agriculture
Mining Industry
Transportation

The LiDAR market is divided into four segments based on component: GPS, Navigation (IMU), Laser Scanners, and Mobile & UAV. In order to provide a return signal strength that can help distinguish objects with varying reflectivities, laser scanners record an intensity value. A 2D point cloud created by LiDAR data from a laser scanner can be utilized for object and environment modeling, mapping, and localization. The market for laser scanners is anticipated to increase significantly throughout the projected period, with a compound annual growth rate (CAGR) of 15.2%. Over the course of the projection period, the LiDAR market is predicted to develop significantly as a result of lower laser technology costs that will allow 3D scanning to find new applications.

Global & Regional Insights

Gain insights into the LiDAR market across North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The report examines each region’s growth patterns, demand fluctuations, and the macroeconomic factors shaping market trajectories.

Set to uncover key insights? Download your report sample now: https://www.maximizemarketresearch.com/request-sample/15107/ 

Competitive Edge:

Discover strategies of the key players in the LiDAR market and explore how they are navigating trends, expanding their portfolios, and capitalizing on emerging applications. From global leaders to regional influencers, this report provides a complete competitive analysis.

LiDAR Manufacturers in North America
1. Leica Geosystems Holdings AG (Switzerland)
2. Teledyne Optech Inc. (Canada)
3. Quantum Spatial, Inc. (United States)
4. Faro Technologies, Inc. (United States)
5. Velodyne LiDAR, Inc. (United States)
6. Trimble, Inc. (United States)
7. RIEGL USA (United States)
8. Optech Inc. (Canada)
9. Geodigital (Canada)
10. Topcon Positioning Systems Inc. (United States)
11. Waymo LLC (United States)
12. Lumibird Canada (Canada)
13. Ouster, Inc. (United States)
14. LeddarTech Inc. (Canada)
15. Trimble, Inc. (US)
LiDAR Manufacturers in Europe:
16. YellowScan (France,)
17.Sick AG(Germany)
18. HEXAGON (Sweden)
19. Phoenix LiDAR Systems (Germany)
20. Valeo (France)
21. ZX Lidars (United Kingdom)
22. Vaisala (Finland)
LiDAR Manufacturers in Asia-Pacific:
23. Beijing Surestar Technology (China)
24. Denso (Japan)

Table of Content: LiDAR Market

Part 01: Executive Summary

Part 02: Scope of the LiDAR Market Report

Part 03: Global LiDAR Market Landscape

Part 04: Global LiDAR Market Sizing

Part 05: Global LiDAR Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Interested in market perspectives? Review the research report summary: https://www.maximizemarketresearch.com/market-report/global-lidar-market/15107/

Key Highlights:

Historical Market Data (2018-2022) 

Forecasts by Segment, Region, and Industry Application (2024-2030) 

SWOT Analysis, Value Chain Insights, and Growth Drivers 

Legal Aspects by Region and Emerging Opportunities 

Top Questions Answered:

What are the key growth drivers and trends in the LiDAR market?

Who are the major players, and how do they maintain a competitive edge?

What new applications are poised to revolutionize the LiDAR industry?

How will the LiDAR market grow in the coming years, and at what rate?

Discover trending insights in Maximize Market Research’s newest publications:

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Why Choose Maximize Market Research?

Our team’s expertise spans industries like medical devices, technology, automobiles, chemicals, and more. By partnering with us, you get market-validated insights, strategic analysis, and impactful recommendations that set you on a path to growth.

Contact Us:

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