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The light detection and ranging (LiDAR) market is forecasted to grow by USD 6.62 billion during 2023-2028, accelerating at a CAGR of 28.82% during the forecast period. The report on the light detection and ranging (LiDAR) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expanding application areas of LiDAR technology, increased adoption of LiDAR in automotive applications, and growing demand for LiDAR solutions from wind powerplants.
The light detection and ranging (LiDAR) market is segmented as below:
By Application
- Corridor mapping
- Engineering
- ADAS and driverless cars
- Environment
- Others
By Product
- Airborne LiDAR
- Terrestrial LiDAR
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the light detection and ranging (LiDAR) market covers the following areas:
- Light detection and ranging (LiDAR) market sizing
- Light detection and ranging (LiDAR) market forecast
- Light detection and ranging (LiDAR) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global light detection and ranging (LiDAR) market: DENSO Corp., FARO Technologies Inc., GMR Infrastructure Ltd., Hexagon AB, Innoviz Technologies Ltd., LeddarTech Inc., Luminar Technologies Inc., Ouster Inc., Phoenix LiDAR Systems, Quanergy Systems Inc., RIEGL Laser Measurement Systems GmbH, Robert Bosch GmbH, RoboSense, SICK AG, SureStar, Teledyne Technologies Inc., Trimble Inc., Valeo SA, YellowScan, and Zephir Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of LiDAR sensors based on continuous-wave frequency modulation (CWFM) technology."
According to the report, one of the major drivers for this market is the expanding application areas of LiDAR technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- DENSO Corp.
- FARO Technologies Inc.
- GMR Infrastructure Ltd.
- Hexagon AB
- Innoviz Technologies Ltd.
- LeddarTech Inc.
- Luminar Technologies Inc.
- Ouster Inc.
- Phoenix LiDAR Systems
- Quanergy Systems Inc.
- RIEGL Laser Measurement Systems GmbH
- Robert Bosch GmbH
- RoboSense
- SICK AG
- SureStar
- Teledyne Technologies Inc.
- Trimble Inc.
- Valeo SA
- YellowScan
- Zephir Ltd.
