The global Light Detection and Ranging (LiDAR) market size was USD 1,821.3 Million in 2021 and is expected to register a revenue CAGR of 12.5% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of LiDAR in Unmanned Aerial Vehicles (UAVs) and engineering and construction applications, increasing investments in Research & Development (R&D) activities, and growing use of LiDAR to navigate hazardous or challenging terrain are some of the key factors driving market revenue growth.
The Global Light Detection and Ranging Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Light Detection and Ranging market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Light Detection and Ranging industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Light Detection and Ranging market.
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The leading market contenders listed in the report are:
Teledyne Geospatial, Leica Geosystems AG, Trimble Inc., Xenomatrix, Riegl Laser Measurement Systems GmbH, Sick AG, SURESTAR, Yellowscan, and Valeo
Key reasons to buy the Global Light Detection and Ranging Market report:
- The latest report comprehensively studies the global Light Detection and Ranging market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Light Detection and Ranging Market
Technology Outlook (Revenue, USD Million; 2019-2030)
- 2D
- 3D
- 4D
Component Outlook (Revenue, USD Million; 2019-2030)
- Laser scanner
- Sensors
- Navigation and Positioning Systems
- Others
Type Outlook (Revenue, USD Million; 2019-2030)
- Solid-state
- Mechanical
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Regional Outlook of the Light Detection and Ranging Market
The global Light Detection and Ranging market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Light Detection and Ranging market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Light Detection and Ranging Market report:
- The latest report comprehensively studies the global Light Detection and Ranging market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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