Market Research Report
Airborne LiDAR - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||804343|
|Published||Content info||189 Pages
Delivery time: 2-3 business days
|Airborne LiDAR - Global Market Outlook (2017-2026)|
|Published: February 1, 2019||Content info: 189 Pages||
According to Stratistics MRC, the Global Airborne Light Detection and Ranging (LiDAR) Market is accounted for $1102.23 million in 2017 and is expected to reach $4999.23 million by 2026 growing at a CAGR of 18.3% during the forecast period. High adoption in engineering & construction applications and increasing demand for 3D imaging are some of the key factors fuelling the market growth. However, factors such as lack of awareness are hindering the market growth.
Airborne LiDAR system is a mapping technology that uses a laser beam to determine the distance from an aeroplane to the earth's surface by utilizing aboard GPS and inertial measurement unit (IMU) sensors to decide the geospatial site of terrestrial objects and their description with high exactitude.
By Platform, Unmanned Aerial Vehicle (UAV) segment is expected to have a significant growth during the forecast period due to the increasing demand for UAV and market entry of a diversity of companies in the UAV. Based on geography, Asia Pacific holds the largest market share during the forecast period owing to increasing demand for surveying and mapping services. Countries such as China and India are rising demand for airborne LiDAR in the coming years.
Some of the key players profiled in the Airborne Light Detection and Ranging (LiDAR) Market include Airborne Imaging, Dibotics, Firmatek, Flir Systems, Fugro, IGI, Lasermap Inc., Leica Geosystems, Merrick & Company, RIEGL Laser Measurement Systems GmbH, Saab, Teledyne Technologies, Topographic Imaging, Velodyne Lidar and Xactsense.
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