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Product Code BC0912122469PR
Published Date 2023/10/13
English162 PagesGlobal

Light Detection and Ranging (LiDAR): Technologies and Global MarketsElectricComponents_Semiconductor Market


Report Thumbnail
Product Code BC0912122469PR◆The Oct 2025 edition is also likely available. We will check with the publisher immediately.
Published Date 2023/10/13
English 162 PagesGlobal

Light Detection and Ranging (LiDAR): Technologies and Global MarketsElectricComponents_Semiconductor Market



Abstract


Summary

Summary: Worldwide, especially in developing nations, the size and scope of engineering and civil construction activities have significantly increased to accommodate growing populations. All stages of building activities, from surveying and mapping to conducting project feasibility studies, call for advanced technology. LiDAR technologies can quickly and accurately provide a detailed survey of vast areas. Additionally, global positioning system-assisted laser scanners and susceptible cameras assist engineers in creating designs that meet project criteria and accurate feasibility assessments. The global LiDAR market was valued at $REDACTED billion in 2022 and is expected to reach $REDACTED billion by the end of 2028. The market is projected to grow at a compound annual growth rate (CAGR) of REDACTED% over the forecast period of 2023 to 2028. Increasing demand for 3D imagery in areas such as military and defense, civil engineering, topographical surveys and corridor mapping is projected to drive market growth over the forecast period. Textured 3D imagery is used in city planning, 3D mapping and corridor mapping. The installation of advanced safety features in automobiles is also increasing. Market opportunities are being created by increasing investments in LiDAR startups by automotive giants, and technological shifts with the adoption of solid-state, flash LiDAR, micro-electronical mechanical system (MEMS) LiDAR and other LiDAR technologies. The rising use of LiDAR in geographical information system (GIS) applications and in engineering and construction are also driving the growth of the LiDAR market worldwide. However, safety risks related to UAVs and autonomous cars and the easy availability of low-cost and lightweight photogrammetry systems are restraining the market’s growth. This report segments the global LiDAR market by component, product type, technology, range, application and region. The airborne market segment accounted for the largest share among the product types. It was valued at $REDACTED billion in 2022 and is expected to reach $REDACTED billion by the end of 2028. The mobile and UAV segment is forecast to be the fastest-growing segment, growing at a CAGR of REDACTED% to reach $REDACTED billion by the end of 2028, up from $REDACTED million in 2022. Due to the emphasis on safety distance measures, demand for LiDAR technology is expected to continue to rise in the post-COVID-19 era over the next few years. Working from home has quickly become the new normal. Several manufacturers have repurposed their 3D LiDAR systems for product tracking, security, and monitoring employee behavior and distance remotely. Furthermore, LiDAR and video and thermal monitoring systems are being used to remotely sense employees’ temperatures and avoid manual temperature scanning to improve productivity while curbing the risk of viral transmission. Report Scope: This report provides an overview of the global market for LiDAR and analyses market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period 2023 through 2028. Revenue forecasts for this period are segmented based on component, product type, technology, range, application, and region. The report also focuses on the major trends and challenges that affect the market and the competitive landscape. It explains the current market trends and provides detailed profiles of the major players and their strategies to enhance their market presence. The report estimates the size of the global LiDAR market in 2022 and provides projections of the expected market size through 2028. Report Includes: - 42 data tables and 38 additional tables - An up-to-date overview and analysis of the global market for LiDAR - Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028 - Estimates of the actual market size and revenue forecast for the global LiDAR market in USD millions, and a corresponding market share analysis based on component, product type, range, application and geographic region - In-depth information (facts and figures) pertaining to market drivers, opportunities, challenges and prospects; technologies; regulatory scenarios; and the impacts of COVID-19 and the Russia-Ukraine war on the global LiDAR market - An industry value chain analysis that provides a systematic study of the key intermediaries, with emphasis on OEM manufacturers, raw materials suppliers and major types of end users - Holistic reviews of Porter’s Five Forces and PESTLE analyses, which take into account the prevailing micro- and macro-environmental factors in the market - A description of ESG developments and company practices in the LIDAR market - A look at the major vendors in the global LiDAR market, and an analysis of the industry’s competitive landscape, including market shares and recent mergers and acquisitions (M&A) activity - A review of emerging technologies and innovations in the market - An analysis of recent patent activity - Profiles of the leading companies

Table of Contents

  • 1 Introduction

  • 2 Summary and Highlights

  • 3 Market Overview

  • 4 Market Dynamics

  • 5 Market Breakdown by Component

  • 6 Market Breakdown by Product Type

  • 7 Market Breakdown by Technology

  • 8 Market Breakdown by Range

  • 9 Market Breakdown by Application

  • 10 Market Breakdown by Region

  • 11 ESG Development

  • 12 Emerging Technologies and Developments

  • 13 Patent Analysis

  • 14 M&A and Venture Funding Outlook

  • 15 Competitive Intelligence

  • 16 Company Profiles

  • 17 Appendix: Abbreviations

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