The North America LiDAR Market would witness market growth of 17.7% CAGR during the forecast period (2022-2028).
Multiple methods and mechanisms can be used to manipulate laser projections of LiDARs to produce a scanning effect. The most common of them include standard spindle-type LiDAR, solid-state LiDAR, and flash LiDAR. Spindle-type LiDAR spins to provide a 360-degree view, while solid-state LiDAR possesses a fixed field of view but no moving parts. The flash LiDAR disperses a flash of light over a wide field of view just before the signal bounces back to a detector.
Apart from the obvious uses of LiDAR technology like in automation, its use is also growing in sectors like agriculture, insect monitoring, species identification, etc. As the world population increases, it induces a similar increase in food demand. As a result, agriculture has also adopted the latest technologies, like robots, to increase output. Agricultural robots are being utilized for various tasks, including weed management, seed & fertilizer dispersal, sensing techniques, and crop surveying. For example, LiDAR extensively aids in determining the region to apply expensive fertilizer. It can map out the topography of the fields and show the farmland's slopes as well as sun exposure.
Additionally, the identification of plant species is necessary for weed control, for which machine learning and 3-D LiDAR can be used. LiDAR creates point clouds of plant contours that include range and reflectance information. Features are retrieved from this data after it has been modified. The species is labeled, and its characteristics are originally saved as an example to help people recognize it in the wild. This technique is effective because it combines supervised learning with a low-resolution LiDAR.
The United States Geological Survey's 3DEP program uses LiDAR technology in mapping activities. 3DEP, which stands for 3D Elevation Program, is a program of the National Map that uses LiDAR mapping to provide the highest standards of elevation maps for the entire country, including the contiguous United States, U.S. territories, and Hawaii. USGS has also employed LiDAR combined with 3DEP to research river scour following significant floods or hurricanes and landslide danger in regions like Pennsylvania.
The US market dominated the North America LiDAR Market by Country in 2021; thereby, achieving a market value of $1,017.8 million by 2028. The Canada market is experiencing a CAGR of 20.3% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 19.3% 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 U.S., Mexico, Canada, and Rest of North America.
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.
Multiple methods and mechanisms can be used to manipulate laser projections of LiDARs to produce a scanning effect. The most common of them include standard spindle-type LiDAR, solid-state LiDAR, and flash LiDAR. Spindle-type LiDAR spins to provide a 360-degree view, while solid-state LiDAR possesses a fixed field of view but no moving parts. The flash LiDAR disperses a flash of light over a wide field of view just before the signal bounces back to a detector.
Apart from the obvious uses of LiDAR technology like in automation, its use is also growing in sectors like agriculture, insect monitoring, species identification, etc. As the world population increases, it induces a similar increase in food demand. As a result, agriculture has also adopted the latest technologies, like robots, to increase output. Agricultural robots are being utilized for various tasks, including weed management, seed & fertilizer dispersal, sensing techniques, and crop surveying. For example, LiDAR extensively aids in determining the region to apply expensive fertilizer. It can map out the topography of the fields and show the farmland's slopes as well as sun exposure.
Additionally, the identification of plant species is necessary for weed control, for which machine learning and 3-D LiDAR can be used. LiDAR creates point clouds of plant contours that include range and reflectance information. Features are retrieved from this data after it has been modified. The species is labeled, and its characteristics are originally saved as an example to help people recognize it in the wild. This technique is effective because it combines supervised learning with a low-resolution LiDAR.
The United States Geological Survey's 3DEP program uses LiDAR technology in mapping activities. 3DEP, which stands for 3D Elevation Program, is a program of the National Map that uses LiDAR mapping to provide the highest standards of elevation maps for the entire country, including the contiguous United States, U.S. territories, and Hawaii. USGS has also employed LiDAR combined with 3DEP to research river scour following significant floods or hurricanes and landslide danger in regions like Pennsylvania.
The US market dominated the North America LiDAR Market by Country in 2021; thereby, achieving a market value of $1,017.8 million by 2028. The Canada market is experiencing a CAGR of 20.3% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 19.3% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America LiDAR Market, by Type
1.4.2 North America LiDAR Market, by Range
1.4.3 North America LiDAR Market, by Service
1.4.4 North America LiDAR Market, by Component
1.4.5 North America LiDAR Market, by Installation Type
1.4.6 North America LiDAR Market, by Application
1.4.7 North America 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. North America LiDAR Market by Type
4.1 North America Mechanical Market by Country
4.2 North America Solid-state Market by Country
Chapter 5. North America LiDAR Market by Range
5.1 North America Short Range Market by Country
5.2 North America Medium Range Market by Country
5.3 North America Long Range Market by Country
Chapter 6. North America LiDAR Market by Service
6.1 North America Ground-based surveying Market by Country
6.2 North America GIS Service Market by Country
6.3 North America Asset Management Market by Country
6.4 North America Aerial Surveying Market by Country
6.5 North America Others Market by Country
Chapter 7. North America LiDAR Market by Component
7.1 North America Laser Scanner Market by Country
7.2 North America Navigation & Positioning System Market by Country
7.3 North America Others Market by Country
Chapter 8. North America LiDAR Market by Installation Type
8.1 North America Ground-based Market by Country
8.2 North America Airborne Market by Country
Chapter 9. North America LiDAR Market by Application
9.1 North America Environment Market by Country
9.2 North America Exploration Market by Country
9.3 North America Meteorology Market by Country
9.4 North America Corridor Mapping Market by Country
9.5 North America Engineering Market by Country
9.6 North America Urban Planning Market by Country
9.7 North America ADAS & Driverless Cars Market by Country
9.8 North America Others Market by Country
Chapter 10. North America LiDAR Market by Country
10.1 US LiDAR Market
10.1.1 US LiDAR Market by Type
10.1.2 US LiDAR Market by Range
10.1.3 US LiDAR Market by Service
10.1.4 US LiDAR Market by Component
10.1.5 US LiDAR Market by Installation Type
10.1.6 US LiDAR Market by Application
10.2 Canada LiDAR Market
10.2.1 Canada LiDAR Market by Type
10.2.2 Canada LiDAR Market by Range
10.2.3 Canada LiDAR Market by Service
10.2.4 Canada LiDAR Market by Component
10.2.5 Canada LiDAR Market by Installation Type
10.2.6 Canada LiDAR Market by Application
10.3 Mexico LiDAR Market
10.3.1 Mexico LiDAR Market by Type
10.3.2 Mexico LiDAR Market by Range
10.3.3 Mexico LiDAR Market by Service
10.3.4 Mexico LiDAR Market by Component
10.3.5 Mexico LiDAR Market by Installation Type
10.3.6 Mexico LiDAR Market by Application
10.4 Rest of North America LiDAR Market
10.4.1 Rest of North America LiDAR Market by Type
10.4.2 Rest of North America LiDAR Market by Range
10.4.3 Rest of North America LiDAR Market by Service
10.4.4 Rest of North America LiDAR Market by Component
10.4.5 Rest of North America LiDAR Market by Installation Type
10.4.6 Rest of North America 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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