LiDAR in Construction Market Size By Product, By Type, By Application, By End-user, Application Development Potential, Regional Outlook, Price Trend, Competitive Market Share & Forecast, 2022

Description

List of Tables

The LiDAR in construction market is anticipated to grow enormously by 2030 owing to growing demand for real-time quality & defect detection in infrastructural projects. In addition, increasing awareness among builders regarding the LiDAR technology, along with surging reliability of the product, is likely to further propel market growth through the forecast timeframe.

Major market participants have been focusing on product development and introducing efficient solutions to strengthen their business standing. For instance, in February 2022, FARO Technologies, Inc., a 3D measurement, imaging, and realization technologies specialist, launched an update to its Focus Swift Mobile Scanner. This latest update enables users to take 10-20 second colorized anchor scans, improving accuracy and detail in key areas. With the Ricoh Theta Z1 360° camera integration, users can personalize their anchor scans, improving the point cloud detail and visualization.

To cite another instance, in September 2022, Hexagon AB, an information technology company, acquired iConstruct Pty Ltd, a Building Information Modelling (BIM) software provider for commercial, infrastructure, and industrial construction industries. This acquisition helped the company achieve its smart digital reality goal by combining BIM models in the construction sector.

The LiDAR in construction market has been bifurcated into type, end-user, product, application, and region. In terms of product, the LiDAR in construction industry has been categorized into UAV, airborne, and terrestrial. The terrestrial LiDAR segment has been further divided into mobile and static.

The mobile segment is set to grow at a CAGR of approximately 10% through the study timeline. The demand for LiDAR mobile devices is primed to increase due to mounting demand for recognizing road assets and related infrastructures swiftly, correctly, and cost-efficiently.

With respect to application, the LiDAR in construction market has been divided into surveying, mapping, ecological analysis, elevation modelling, and others. The ecological analysis segment is slated grow at a CAGR of over 15% through the assessment period. Extensive use of LiDAR in various coastal surveying activities and substantial rise in stringent environmental safety regulations are some factors foreseen to bolster segmental growth.

Meanwhile, the others segment held a market share of nearly 5% in 2021 and is speculated to observe strong progress over 2022-2030. Rapid urbanization & industrialization is impelling the need for proper town planning and advancements in construction facilities, which is estimated to positively influence segmental outlook.

In the regional context, the Latin America LiDAR in construction market is speculated to garner around $80 million valuation by 2030 on account of snowballing adoption rate of LiDAR in surveying activities to monitoring environments in various end-use applications, such as forest management, pollution modeling, agriculture, wind farms, and precision forestry.

Product Code: 5336

Chapter 1 Methodology & Scope

1.1 Scope & definitions
1.2 Methodology and forecast parameters
1.3 COVID-19 impact
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
1.4 Regional factors
- 1.4.1 North America
- 1.4.2 Europe
- 1.4.3 Asia Pacific
- 1.4.4 Latin America
- 1.4.5 MEA
1.5 Data Sources
- 1.5.1 Secondary
- 1.5.2 Primary
1.6 Industry glossary

Chapter 2 Executive Summary

2.1 LiDAR in construction industry 360 degree synopsis, 2018 - 2030
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-30
2.3 Regional trends
2.4 Product trends
2.5 Type trends
2.6 Application trends
2.7 End-user trends

Chapter 3 LiDAR in Construction Industry Insights

3.1 Introduction
3.2 Impact of COVID-19 outbreak
- 3.2.1 North America
- 3.2.2 Europe
- 3.2.3 Asia Pacific
- 3.2.4 Latin America
- 3.2.5 MEA
3.3 Impact of Russia-Ukraine conflict
3.4 LiDAR in construction industry ecosystem analysis
- 3.4.1 LiDAR raw material suppliers
- 3.4.2 Peripheral player
- 3.4.3 Technology provider
- 3.4.4 System integrator
- 3.4.5 Service providers
- 3.4.6 Profit margin analysis
- 3.4.7 Vendor matrix
3.5 LiDAR evolution
3.6 Technology & innovation landscape
- 3.6.1 Single photon or Geiger mode systems
- 3.6.2 Multi Pulse-in Air
3.7 Benefits of using LiDAR across the construction industry
- 3.7.1 Prediction of accurate project cost
- 3.7.2 Accessing the sustainability of project
- 3.7.3 Digital Elevation Model (DEM)
- 3.7.4 Identifying the regulations
3.8 Use cases
- 3.8.1 Land surveying
- 3.8.2 Mining
- 3.8.3 Forestry and farming
3.9 Investment portfolio
3.10 News
- 3.10.1 North America
- 3.10.2 Europe
- 3.10.3 Asia Pacific
- 3.10.4 Latin America
- 3.10.5 MEA
3.11 Patent analysis
3.12 Regulatory landscape
- 3.12.1 North America.
  - 3.12.1.1 U.S. Federal Aviation Authority (FAA)
  - 3.12.1.2 U.S. environmental protection agency: Construction Sector (NAICS 23)
- 3.12.2 Europe
  - 3.12.2.1 CE Marking regulation
  - 3.12.2.2 Infrastructure Mapping Federal Network Agency and EU regulatory forum
  - 3.12.2.3 EU Directive on Public Procurement (Directive 2014/24/EU)
- 3.12.3 Asia Pacific
  - 3.12.3.1 National Data Sharing and Accessibility Policy, 2012 (NDSAP-2012)
  - 3.12.3.2 Building control act: Singapore
  - 3.12.3.3 Japan Construction Information Center Foundation (JCICF)
- 3.12.4 Latin America
  - 3.12.4.1 The Brazilian National Aviation Agency (ANAC)
  - 3.12.4.2 Mexico Commercial Drone Regulatoins
  - 3.12.4.3 Uniform Building Code (UBC-94)-Chile
- 3.12.5 MEA
  - 3.12.5.1 The General Civil Aviation Authority (GCAA)Industry impact forces
3.13 Industry impact forces
- 3.13.1 Growth drivers
  - 3.13.1.1 Increasing demand for mapping
  - 3.13.1.2 Growing demand for 3D imaging
  - 3.13.1.3 Increasing adoption among environment & government applications
  - 3.13.1.4 Advent of Building Information Modeling (BIM) technology
- 3.13.2 Industry pitfalls & challenges
  - 3.13.2.1 Software development gap
  - 3.13.2.2 Lack of standardization
3.14 Growth potential analysis
3.15 Porter's analysis
- 3.15.1 Bargaining power of suppliers
- 3.15.2 Bargaining power of buyers
- 3.15.3 Threat of new entratnt
- 3.15.4 Threat of substitute
3.16 PESTEL analysis
- 3.16.1 Political
- 3.16.2 Economical
- 3.16.3 Social
- 3.16.4 Technological
- 3.16.5 Legal
- 3.16.6 Environmental

Chapter 4 Competitive Landscape

4.1 Introduction
4.2 Company market share, 2021
4.3 Competive analysis of key market players, 2021
- 4.3.1 Chart key
- 4.3.2 FARO Technologies, Inc.
- 4.3.3 Hexagon AB (Leica Geosystems AG)
- 4.3.4 Trimble Inc.
- 4.3.5 Topcon Positioning Systems, Inc. (Topcon Corporation)
- 4.3.6 RIEGL Laser Measurement Systems GmbH
4.4 Competive analysis of innovative market players, 2021
- 4.4.1 Velodyne Lidar, Inc.
- 4.4.2 Teledyne Technologies, Inc. (Teledyne Geospatial)
- 4.4.3 Ouster, Inc.
- 4.4.4 NV5 Global, Inc. (Quantum Spatial)
4.5 Vendor adoption matrix
4.6 Strategic outlook matrix

Chapter 5 LiDAR in Construction Market, By Product

5.1 Key trends, by product
5.2 Airborne
- 5.2.1 Market estimates and forecast, 2018 - 2030
- 5.2.2 Topographic
  - 5.2.2.1 Market estimates and forecast, 2018 - 2030
- 5.2.3 Bathymetric
  - 5.2.3.1 Market estimates and forecast, 2018 - 2030
5.3 UAV
- 5.3.1 Market estimates and forecast, 2018 - 2030
5.4 Terrestrial
- 5.4.1 Market estimates and forecast, 2018 - 2030
- 5.4.2 Mobile
  - 5.4.2.1 Market estimates and forecast, 2018 - 2030
- 5.4.3 Static
  - 5.4.3.1 Market estimates and forecast, 2018 - 2030

Chapter 6 LiDAR in Construction Market, By Type

6.1 Key trends, by type
6.2 Mechanical
- 6.2.1 Market estimates and forecast, 2018 - 2030
6.3 Solid-state
- 6.3.1 Market estimates and forecast, 2018 - 2030

Chapter 7 LiDAR in Construction Market, By Application

7.1 Key trends, by application
7.2 Surveying
- 7.2.1 Market estimates and forecast, 2018 - 2030
7.3 Mapping
- 7.3.1 Market estimates and forecast, 2018 - 2030
7.4 Elevation modelling
- 7.4.1 Market estimates and forecast, 2018 - 2030
7.5 Ecological analysis
- 7.5.1 Market estimates and forecast, 2018 - 2030
7.6 Others
- 7.6.1 Market estimates and forecast, 2018 - 2030