The Asia Pacific LiDAR Market would witness market growth of 19.0% CAGR during the forecast period (2022-2028).
LiDAR-based digital terrain models' improved spatial resolution enables them to be more accurate in applications, including inland waterways, change detection on hillsides, and water runoff for mining and agricultural areas. In addition, the market is expected to develop due to LiDAR being increasingly automated to save labor and boost productivity. In the coming years, the market is expected to rise due to the increased demand for 3D images in sectors such as military & defense, topographical surveys, corridor mapping, and civil engineering.
LiDAR sensors have seen significant growth in implementation in the automobile sector due to their remarkable accuracy in autonomous driving technology. Installing cutting-edge safety features is expanding tremendously. Also, self-driving cars and GPS and LiDAR navigation applications are allowed on public roads in industrialized nations. In the upcoming years, it is expected that growing investments in the advancement of autonomous driving innovations will accelerate the deployment of LiDAR sensors and scanners across various automotive applications.
Increased use of airborne LiDAR systems to detect and explore locations and historic details is one of the factors supporting the market's expansion. Combining scientific algorithm computing with cloud-based processing of collected data points for in-depth analysis constitutes the automation of the LiDAR processing system. As a result, the methods improve the precision and effectiveness of target object detection in LiDAR systems.
Japan has been an early adopter of LiDAR technology in the Asia Pacific region because they understood its advantages, such as superior point elevation precision and a much lower reliance on ideal weather conditions than passive optical sensors. Australia swiftly adopted airborne LiDAR technology after Japan. Additionally, relative to projects, the scale, and diversity of LiDAR projects in Australia are frequently very enormous owing to the vast geographic area of the country. Throughout the projection period, it is anticipated that the region's governments will increasingly employ LiDAR systems, which will help the market grow.
The China market dominated the Asia Pacific LiDAR Market by Country in 2021; thereby, achieving a market value of $256 million by 2028. The Japan market is registering a CAGR of 18.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 19.7% during (2022 - 2028).
Based on Type, the market is segmented into Mechanical and Solid-state. Based on Range, the market is segmented into Short Range, Medium Range and Long Range. Based on Service, the market is segmented into Ground-based surveying, GIS Service, Asset Management, Aerial Surveying and Others. Based on Component, the market is segmented into Laser Scanner, Navigation & Positioning System and Others. Based on Installation Type, the market is segmented into Ground-based and Airborne. Based on Application, the market is segmented into Environment, Exploration, Meteorology, Corridor Mapping, Engineering, Urban Planning, ADAS & Driverless Cars and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sick AG, FARO Technologies, Inc., Teledyne Optech, Inc., Trimble, Inc., Hexagon AB (Leica Geosystems AG), NV5 Global, Inc., YellowScans, SureStar, GeoDigital and RIEGL Laser Measurement Systems GmbH.
LiDAR-based digital terrain models' improved spatial resolution enables them to be more accurate in applications, including inland waterways, change detection on hillsides, and water runoff for mining and agricultural areas. In addition, the market is expected to develop due to LiDAR being increasingly automated to save labor and boost productivity. In the coming years, the market is expected to rise due to the increased demand for 3D images in sectors such as military & defense, topographical surveys, corridor mapping, and civil engineering.
LiDAR sensors have seen significant growth in implementation in the automobile sector due to their remarkable accuracy in autonomous driving technology. Installing cutting-edge safety features is expanding tremendously. Also, self-driving cars and GPS and LiDAR navigation applications are allowed on public roads in industrialized nations. In the upcoming years, it is expected that growing investments in the advancement of autonomous driving innovations will accelerate the deployment of LiDAR sensors and scanners across various automotive applications.
Increased use of airborne LiDAR systems to detect and explore locations and historic details is one of the factors supporting the market's expansion. Combining scientific algorithm computing with cloud-based processing of collected data points for in-depth analysis constitutes the automation of the LiDAR processing system. As a result, the methods improve the precision and effectiveness of target object detection in LiDAR systems.
Japan has been an early adopter of LiDAR technology in the Asia Pacific region because they understood its advantages, such as superior point elevation precision and a much lower reliance on ideal weather conditions than passive optical sensors. Australia swiftly adopted airborne LiDAR technology after Japan. Additionally, relative to projects, the scale, and diversity of LiDAR projects in Australia are frequently very enormous owing to the vast geographic area of the country. Throughout the projection period, it is anticipated that the region's governments will increasingly employ LiDAR systems, which will help the market grow.
The China market dominated the Asia Pacific LiDAR Market by Country in 2021; thereby, achieving a market value of $256 million by 2028. The Japan market is registering a CAGR of 18.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 19.7% during (2022 - 2028).
Based on Type, the market is segmented into Mechanical and Solid-state. Based on Range, the market is segmented into Short Range, Medium Range and Long Range. Based on Service, the market is segmented into Ground-based surveying, GIS Service, Asset Management, Aerial Surveying and Others. Based on Component, the market is segmented into Laser Scanner, Navigation & Positioning System and Others. Based on Installation Type, the market is segmented into Ground-based and Airborne. Based on Application, the market is segmented into Environment, Exploration, Meteorology, Corridor Mapping, Engineering, Urban Planning, ADAS & Driverless Cars and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sick AG, FARO Technologies, Inc., Teledyne Optech, Inc., Trimble, Inc., Hexagon AB (Leica Geosystems AG), NV5 Global, Inc., YellowScans, SureStar, GeoDigital and RIEGL Laser Measurement Systems GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Mechanical
- Solid-state
By Range
- Short Range
- Medium Range
- Long Range
By Service
- Ground-based surveying
- GIS Service
- Asset Management
- Aerial Surveying
- Others
By Component
- Laser Scanner
- Navigation & Positioning System
- Others
By Installation Type
- Ground-based
- Airborne
By Application
- Environment
- Exploration
- Meteorology
- Corridor Mapping
- Engineering
- Urban Planning
- ADAS & Driverless Cars
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Sick AG
- FARO Technologies, Inc
- Teledyne Optech, Inc
- Trimble, Inc
- Hexagon AB (Leica Geosystems AG)
- NV5 Global, Inc
- YellowScans
- SureStar
- GeoDigital
- RIEGL Laser Measurement Systems GmbH
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific LiDAR Market, by Type
1.4.2 Asia Pacific LiDAR Market, by Range
1.4.3 Asia Pacific LiDAR Market, by Service
1.4.4 Asia Pacific LiDAR Market, by Component
1.4.5 Asia Pacific LiDAR Market, by Installation Type
1.4.6 Asia Pacific LiDAR Market, by Application
1.4.7 Asia Pacific LiDAR Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Asia Pacific LiDAR Market by Type
4.1 Asia Pacific Mechanical Market by Country
4.2 Asia Pacific Solid-state Market by Country
Chapter 5. Asia Pacific LiDAR Market by Range
5.1 Asia Pacific Short Range Market by Country
5.2 Asia Pacific Medium Range Market by Country
5.3 Asia Pacific Long Range Market by Country
Chapter 6. Asia Pacific LiDAR Market by Service
6.1 Asia Pacific Ground-based surveying Market by Country
6.2 Asia Pacific GIS Service Market by Country
6.3 Asia Pacific Asset Management Market by Country
6.4 Asia Pacific Aerial Surveying Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific LiDAR Market by Component
7.1 Asia Pacific Laser Scanner Market by Country
7.2 Asia Pacific Navigation & Positioning System Market by Country
7.3 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific LiDAR Market by Installation Type
8.1 Asia Pacific Ground-based Market by Country
8.2 Asia Pacific Airborne Market by Country
Chapter 9. Asia Pacific LiDAR Market by Application
9.1 Asia Pacific Environment Market by Country
9.2 Asia Pacific Exploration Market by Country
9.3 Asia Pacific Meteorology Market by Country
9.4 Asia Pacific Corridor Mapping Market by Country
9.5 Asia Pacific Engineering Market by Country
9.6 Asia Pacific Urban Planning Market by Country
9.7 Asia Pacific ADAS & Driverless Cars Market by Country
9.8 Asia Pacific Others Market by Country
Chapter 10. Asia Pacific LiDAR Market by Country
10.1 China LiDAR Market
10.1.1 China LiDAR Market by Type
10.1.2 China LiDAR Market by Range
10.1.3 China LiDAR Market by Service
10.1.4 China LiDAR Market by Component
10.1.5 China LiDAR Market by Installation Type
10.1.6 China LiDAR Market by Application
10.2 Japan LiDAR Market
10.2.1 Japan LiDAR Market by Type
10.2.2 Japan LiDAR Market by Range
10.2.3 Japan LiDAR Market by Service
10.2.4 Japan LiDAR Market by Component
10.2.5 Japan LiDAR Market by Installation Type
10.2.6 Japan LiDAR Market by Application
10.3 India LiDAR Market
10.3.1 India LiDAR Market by Type
10.3.2 India LiDAR Market by Range
10.3.3 India LiDAR Market by Service
10.3.4 India LiDAR Market by Component
10.3.5 India LiDAR Market by Installation Type
10.3.6 India LiDAR Market by Application
10.4 South Korea LiDAR Market
10.4.1 South Korea LiDAR Market by Type
10.4.2 South Korea LiDAR Market by Range
10.4.3 South Korea LiDAR Market by Service
10.4.4 South Korea LiDAR Market by Component
10.4.5 South Korea LiDAR Market by Installation Type
10.4.6 South Korea LiDAR Market by Application
10.5 Singapore LiDAR Market
10.5.1 Singapore LiDAR Market by Type
10.5.2 Singapore LiDAR Market by Range
10.5.3 Singapore LiDAR Market by Service
10.5.4 Singapore LiDAR Market by Component
10.5.5 Singapore LiDAR Market by Installation Type
10.5.6 Singapore LiDAR Market by Application
10.6 Malaysia LiDAR Market
10.6.1 Malaysia LiDAR Market by Type
10.6.2 Malaysia LiDAR Market by Range
10.6.3 Malaysia LiDAR Market by Service
10.6.4 Malaysia LiDAR Market by Component
10.6.5 Malaysia LiDAR Market by Installation Type
10.6.6 Malaysia LiDAR Market by Application
10.7 Rest of Asia Pacific LiDAR Market
10.7.1 Rest of Asia Pacific LiDAR Market by Type
10.7.2 Rest of Asia Pacific LiDAR Market by Range
10.7.3 Rest of Asia Pacific LiDAR Market by Service
10.7.4 Rest of Asia Pacific LiDAR Market by Component
10.7.5 Rest of Asia Pacific LiDAR Market by Installation Type
10.7.6 Rest of Asia Pacific LiDAR Market by Application
Chapter 11. Company Profiles
11.1 Sick AG
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.6 SWOT Analysis
11.2 FARO Technologies, Inc.
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments:
11.2.5.1 Acquisition and Mergers:
11.3 Teledyne Optech, Inc. (Teledyne Technologies Incorporated)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Recent strategies and developments:
11.3.4.1 Product Launches and Product Expansions:
11.4 Trimble, Inc.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.4.1 Product Launches and Product Expansions:
11.5 Hexagon AB (Leica Geosystems AG)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional & Segmental Analysis
11.5.4 Research & Development Expenses
11.5.5 Recent strategies and developments:
11.5.5.1 Partnerships, Collaborations, and Agreements:
11.5.5.2 Product Launches and Product Expansions:
11.6 NV5 Global, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Recent strategies and developments:
11.6.4.1 Acquisition and Mergers:
11.7 YellowScans
11.7.1 Company Overview
11.7.2 Recent strategies and developments:
11.7.2.1 Partnerships, Collaborations, and Agreements:
11.8 SureStar
11.8.1 Company Overview
11.8.2 Recent strategies and developments:
11.8.2.1 Partnerships, Collaborations, and Agreements:
11.9 GeoDigital
11.9.1 Company Overview
11.10. RIEGL Laser Measurement Systems GmbH
11.10.1 Company Overview
Companies Mentioned
- Sick AG
- FARO Technologies, Inc.
- Teledyne Optech, Inc.
- Trimble, Inc.
- Hexagon AB (Leica Geosystems AG)
- NV5 Global, Inc.
- YellowScans
- SureStar
- GeoDigital
- RIEGL Laser Measurement Systems GmbH
Methodology
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