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| LIDAR |
The global LiDAR market is primarily driven by the host of
comparative advantages over conventional mapping technologies,
growing demand for 3D imagery in commercial, consumer, and government
applications, and the development of unmanned aerial vehicles.
However, gaps in software development and lack of standardization of
data formats threaten to impede the LiDAR market.The research report
reviews the LiDAR market by segmenting it based on three parameters:
product type, geography, and application.
On the basis of product type, the LiDAR market is bifurcated into
terrestrial LiDAR and airborne LiDAR. Of these, airborne or aerial
LiDAR mapping dominated the overall market.On the basis of
application, the LiDAR market is segmented into forestry,
infrastructure, transmission lines, coastal, transportation, defense
and aerospace, flood mapping, and others such as hydrography and
mining. Coastal applications dominate the overall LiDAR market owing
to increased use of LiDAR in disaster management and control.
Transmission lines, on the other hand, make up the fastest growing
segment of the LiDAR market, thanks to the growing demand for power
utilities.
On the basis of geography, the worldwide LiDAR market is divided into
North America, Asia Pacific, Europe, and Rest of the World. North
America held the largest share of the LiDAR market in 2013, driven by
high penetration in defense and military applications as well as
increased research and development spending to develop innovative
LiDAR technologies. Europe presently follows North America; however,
the former is anticipated to surpass the latter during the course of
the forecast period owing to presence of major players supporting the
growth of the market and catering to the rising demand for the
massive consumer base. The Rest of the World region and Asia Pacific
are also anticipated to witness considerable growth by 2020.
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The notable players within the global LiDAR market include
DigitalWorld Mapping Inc., FARO Technology, Inc., 3D Laser Mapping
Ltd., Mosaic 3D, Airborne Hydrography AB, Leica Geosystems AG,
Firmatek 3D Mapping Solutions LLC, Aerometric Inc., Intermap
Technologies Corp., Avent Lidar Technology, Optech Incorporated, and
RIEGL Laser Measurement Systems GmbH. These companies have been
reviewed in the report, keeping in mind certain aspects such as
business overview, business strategy, recent developments, financial
standing, and a SWOT analysis.
Global LiDAR Market, by Product Type:
> Airborne LiDAR
> Terrestrial LiDAR
Global LiDAR Market, by Application:
> Coastal
> Forestry
> Transportation
> Infrastructure
> Defense and Aerospace
> Transmission lines
> Flood Mapping
> Others (Mining, Hydrography etc)
Global LiDAR Market, by Geography:
> North America
> Asia Pacific
> Europe
> Rest of the World
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