Global LiDAR in Mapping Market Size, Share, Growth Analysis, By Application(Corridor Mapping Segment, Construction & Surveying), By Technology(Airborne, Terrestrial)

Description

Global LiDAR in Mapping Market size was valued at USD 1.88 billion in 2022 and is poised to grow from USD 2.35 billion in 2023 to USD 14.01 billion by 2031, at a CAGR of 25% during the forecast period (2024-2031).

The need for accurate geospatial data across many sectors has been driving a significant growth in the global LiDAR (Light Detection and Ranging) mapping market. LiDAR technology is extremely important in projects related to city planning, forestry, agriculture, and autonomous automobiles. It employs laser pulses to degree distances and build exceptionally defined three-D maps. The expansion of smart city and infrastructure projects, together with the increasing demand for environmental monitoring and disaster management, are important motivators. LiDAR sensors and data processing software have advanced in the market, resulting in increased affordability and efficiency. With the help of Europe and Asia-Pacific, it can be noted that North America leads the market.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global LiDAR in Mapping Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global LiDAR in Mapping Market Segmental Analysis

The worldwide LiDAR in mapping market is segmented based totally on technology, application, and location. In phrases of technology, it consists of airborne, terrestrial, and cellular LiDAR systems. Applications encompass urban making plans, forestry, transportation, and environmental monitoring. Geographically, it is divided into North America, Europe, Asia-Pacific, and the rest of the arena.

Drivers of the Global LiDAR in Mapping Market

The need for precise, up-to-date, and highly-decision mapping records has been rising in a variety of industries, including infrastructure construction, forestry, agriculture, and city planning. Since LiDAR technology can precisely record three-dimensional spatial information, many programs choose to use it.

Restraints in the Global LiDAR in Mapping Market

Its exorbitant cost is one of the main obstacles to the widespread deployment of LiDAR technology. It might be expensive to purchase LiDAR equipment and carry either ground or airborne surveys. The use of LiDAR in mapping may be limited by this value aspect, especially for emerging nations and smaller enterprises.

Market Trends of the Global LiDAR in Mapping Market

Extending Applications Beyond Surveying: Although topographic mapping and surveying programs were the primary uses of LiDAR technology, a wide range of businesses have adopted it. This included agriculture, forestry management, urban planning, archeology, and environmental monitoring. Due to its ability to produce extremely precise 3-D spatial statistics, LiDAR has become an invaluable tool for decision-making, effective resource management, and risk assessment in a variety of industries.

Product Code: SQMIG45I2167

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global LiDAR in Mapping Market by Application

Market Overview
Corridor Mapping Segment
Construction & Surveying
Transportation
and Environmental Monitoring

Global LiDAR in Mapping Market by Technology

Market Overview
Airborne
Terrestrial
and Mobile LiDAR Systems

Global LiDAR in Mapping Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2023

Key Company Profiles

Velodyne Lidar, Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Luminar Technologies, Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Quanergy Systems, Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Innoviz Technologies, Ltd. - Israel
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Ouster, Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
LeddarTech Inc. - Canada
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Cepton Technologies, Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Idriverplus Technology Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Livox Technology Company Limited - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
RIEGL Laser Measurement Systems GmbH - Austria
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sick AG - Germany
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Trimble Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Benewake (Beijing) Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hokuyo Automatic Co., Ltd. - Japan
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Topcon Positioning Systems, Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Leica Geosystems AG - Switzerland (a part of Hexagon)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Quantronix, Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ZephIR Lidar - United Kingdom
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Neptec Design Group - Canada
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
RIEGL USA, Inc. - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global LiDAR in Mapping Market Size, Share, Growth Analysis, By Application(Corridor Mapping Segment, Construction & Surveying), By Technology(Airborne, Terrestrial) - Industry Forecast 2024-2031