Global LiDAR Software Market Size Study, by Application, by Technology Type, by Product Type, by Deployment, and Regional Forecasts 2022-2032

Description

The Global LiDAR Software market was valued at approximately USD 335.4 million in 2023 and is projected to witness significant growth, reaching USD 1,940.2 million by 2032. This remarkable expansion, with a compound annual growth rate (CAGR) of 21.53% over the forecast period from 2024 to 2032. LiDAR (Light Detection and Ranging) software processes data collected by LiDAR sensors, which use laser pulses to measure distances and generate precise, three-dimensional information about the shape of the Earth and its surface characteristics. Applications of LiDAR software include topographic mapping, forestry management, urban planning, autonomous vehicle navigation, environmental monitoring, and archaeology. It enables detailed terrain analysis, vegetation assessment, infrastructure inspection, and flood risk mapping. LiDAR software converts raw data into usable formats, performs data visualization, and facilitates analysis, providing critical insights for various industries and scientific research.

LiDAR software is transitioning through a rapid growth phase, characterized by an increase in the number of companies offering innovative LiDAR software solutions. Technological advancements in both LiDAR hardware and software are contributing to cost reductions, which in turn are accelerating the global adoption of LiDAR solutions. To expand their global footprint, LiDAR software solution providers are forming strategic partnerships with key stakeholders in the LiDAR ecosystem. Additionally, there is a growing demand for affordable and user-friendly LiDAR software solutions, shaping the future of the industry. Prominent LiDAR hardware providers are also enhancing their in-house capabilities to produce superior LiDAR software solutions, thereby offering a competitive edge. With anticipated significant demand from automotive and smart infrastructure applications, intense market competition is expected among both established and emerging players in the LiDAR software industry.

The impact of the LiDAR software market is profound, with several factors driving its growth. The focus on advanced LiDAR solutions to improve existing ADAS features in the automotive sector, the rising demand for LiDAR solutions in surveying and mapping, and the adoption of these solutions to streamline construction projects are key drivers. Providers are investing heavily in the development of advanced LiDAR software to meet the increasing demand for user-friendly, cost-effective, and high-performance solutions. With the growing need for advanced LiDAR perception solutions in autonomous driving and smart infrastructure applications, the market is expected to flourish during the forecast period.

North America held the largest share of the LiDAR software market in 2023, driven by its substantial automotive and construction sectors, as well as significant investment in technological innovation. However, Europe and China are poised to lead the market in terms of growth, driven by a surge in demand for autonomous driving and smart infrastructure applications over the next decade.

Major market players included in this report are:

Velodyne LiDAR, Inc.
Phoenix LiDAR Systems
Terrasolid
GreenValley International
Geo-Plus
GeoCue
Routescene
YellowScan
LeddarTech Inc.
Blickfeld GmbH
Shanghai Huace Navigation Technology Ltd. (CHC Navigation)
Leica Geosystems AG - Part of Hexagon AB
Quanergy Systems, Inc.
Innoviz Technologies Ltd
Teledyne Geospatial

The detailed segments and sub-segment of the market are explained below:

By Application:

Forestry and Environmental
Survey and Mapping
Automotive
Construction and Infrastructure
Others

By Technology Type:

Mechanical
Solid State

By Product Type:

Simulation Software
Mapping Software
Processing Software

By Deployment:

Airborne
Terrestrial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global LiDAR Software Market Executive Summary

1.1. Global LiDAR Software Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Application
- 1.3.2. By Technology Type
- 1.3.3. By Product Type
- 1.3.4. By Deployment
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global LiDAR Software Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global LiDAR Software Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Focus on Advanced LiDAR Solutions for Improvement in Existing ADAS Features in the Automotive Industry
- 3.1.2. Growing Demand for LiDAR Solutions in Surveying and Mapping
- 3.1.3. Rising Adoption of LiDAR Solutions for Streamlining Construction Projects
3.2. Market Challenges
- 3.2.1. High Cost of LiDAR Solutions
- 3.2.2. Availability of Alternative Cost-Effective Solutions
- 3.2.3. LiDAR Software Complexity in Autonomous Vehicles
3.3. Market Opportunities
- 3.3.1. Technological Advancements in the LiDAR Software Market
- 3.3.2. Growing Demand for Autonomous Vehicles and Smart Infrastructure
- 3.3.3. Rising Investment in Research and Development

Chapter 4. Global LiDAR Software Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global LiDAR Software Market Size & Forecasts by Application 2022-2032

5.1. Segment Dashboard
5.2. Global LiDAR Software Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Forestry and Environmental
- 5.2.2. Survey and Mapping
- 5.2.3. Automotive
- 5.2.4. Construction and Infrastructure
- 5.2.5. Others

Chapter 6. Global LiDAR Software Market Size & Forecasts by Technology Type 2022-2032

6.1. Segment Dashboard
6.2. Global LiDAR Software Market: Technology Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Mechanical
- 6.2.2. Solid State

Chapter 7. Global LiDAR Software Market Size & Forecasts by Product Type 2022-2032

7.1. Segment Dashboard
7.2. Global LiDAR Software Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Simulation Software
- 7.2.2. Mapping Software
- 7.2.3. Processing Software

Chapter 8. Global LiDAR Software Market Size & Forecasts by Deployment 2022-2032

8.1. Segment Dashboard
8.2. Global LiDAR Software Market: Deployment Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 8.2.1. Airborne
- 8.2.2. Terrestrial

Chapter 9. Global LiDAR Software Market Size & Forecasts by Region 2022-2032

9.1. North America LiDAR Software Market
- 9.1.1. U.S. LiDAR Software Market
  - 9.1.1.1. Application breakdown size & forecasts, 2022-2032
  - 9.1.1.2. Technology Type breakdown size & forecasts, 2022-2032
  - 9.1.1.3. Product Type breakdown size & forecasts, 2022-2032
  - 9.1.1.4. Deployment breakdown size & forecasts, 2022-2032
- 9.1.2. Canada LiDAR Software Market
9.2. Europe LiDAR Software Market
- 9.2.1. U.K. LiDAR Software Market
- 9.2.2. Germany LiDAR Software Market
- 9.2.3. France LiDAR Software Market
- 9.2.4. Spain LiDAR Software Market
- 9.2.5. Italy LiDAR Software Market
- 9.2.6. Rest of Europe LiDAR Software Market
9.3. Asia-Pacific LiDAR Software Market
- 9.3.1. China LiDAR Software Market
- 9.3.2. India LiDAR Software Market
- 9.3.3. Japan LiDAR Software Market
- 9.3.4. Australia LiDAR Software Market
- 9.3.5. South Korea LiDAR Software Market
- 9.3.6. Rest of Asia Pacific LiDAR Software Market
9.4. Latin America LiDAR Software Market
- 9.4.1. Brazil LiDAR Software Market
- 9.4.2. Mexico LiDAR Software Market
- 9.4.3. Rest of Latin America LiDAR Software Market
9.5. Middle East & Africa LiDAR Software Market
- 9.5.1. Saudi Arabia LiDAR Software Market
- 9.5.2. South Africa LiDAR Software Market
- 9.5.3. Rest of Middle East & Africa LiDAR Software Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Phoenix LiDAR Systems
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Terrasolid
- 10.3.3. GreenValley International
- 10.3.4. Geo-Plus
- 10.3.5. GeoCue
- 10.3.6. Routescene
- 10.3.7. YellowScan
- 10.3.8. LeddarTech Inc.
- 10.3.9. Blickfeld GmbH
- 10.3.10. Velodyne LiDAR, Inc.
- 10.3.11. Shanghai Huace Navigation Technology Ltd. (CHC Navigation)
- 10.3.12. Leica Geosystems AG - Part of Hexagon AB
- 10.3.13. Quanergy Systems, Inc.
- 10.3.14. Innoviz Technologies Ltd
- 10.3.15. Teledyne Geospatial

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes