Airborne LiDAR Market to Grow With A CAGR of 16.5% during 2020 – 2027 by Emergen Research

 

Market Size – USD 405.8 Million in 2019, Market Growth - CAGR of 16.5%, Market Trends – The rise in the adoption of Airborne LiDAR in the defense industry

The Global Airborne LiDAR Market Report published by Emergen Research is an extensive analysis of the Airborne LiDAR market and includes a study of several factors that impact the growth of the market.The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation. 

The report includes an analysis of the COVID-19 impact on the market. The report aims to provide an insightful illustration of the latest market scenario, economic slowdown, social restrictions, and COVID-19 impact on the overall industry. The report provides the impact analysis of the COVID-19 based on different scenarios and includes analysis of potential opportunities post COVID-19, challenges, drivers, and risks.

To identify the key trends in the industry and read full summary click on the link: https://www.emergenresearch.com/industry-report/airborne-lidar-market

Key Highlights From The Report

In March 2019, FLIR Systems, Inc. acquired Endeavor Robotic Holdings, Inc. With the incorporation of Endeavor, FLIR became the largest supplier of unmanned aerial (UAVs) and terrain applications to meet the needs of warfighters, as well as public security.

Due to the advantages of high frequency, improved monitoring coupled with low power laser, better resolution, cost-effective data management, and improved laser integration (Neat-infra-red), the topographic segment is anticipated to dominate the market with a CAGR of 16.6% during the forecast period.

In the forecast timeframe, the fixed-wing aircraft are accounted for the largest market. Fixed-wing aircraft include non-moving wings that are controlled by a propeller or piston. This is quite frequently used for extended travel times.

Over the forecast period, the laser segment is expected to hold the largest market. The segmental development is stimulated by this component's benefits, like greater reliability and performance in terms of standard and 3D imaging.

During the forecast period, the corridor mapping segment is expected to dominate the market because this is the only application that provides the vegetation's true distance in almost real-time.

Due to Airborne LiDAR systems' extensive use in spacecraft and fighter jets for advanced protection and 3D imaging, the aerospace & defense segment is expected to hold the largest market over the forecast timeframe.

The collective use of LiDAR systems in mapping and scanning solutions is driving the growth of the North American airborne LiDAR market, and this region is expected to dominate the market over the forecast timeframe.

Key participants include Leica Geosystems, Saab AB, FLIR Systems, Inc., Teledyne Technologies International Corp, Faro Technologies, Inc., Lasermap Inc., Merrick & Company, Inc., Xactsense Inc., RIEGL Laser Measurement Systems GmbH, and Firmatek, L.L.C. among others.

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The research provides answers to the following key questions:

What is the expected market size of the Airborne LiDAR market for the forecast period 2020 - 2027? What will be the growth rate of the industry during the estimated period?

What are the major driving forces shaping the future of the Airborne LiDAR industry worldwide?

Who are the major vendors in the industry and what are their strategies to reap more profits and reduce costs?

What are the trends from the past and future that are likely to favor the progress of the Airborne LiDAR industry worldwide?

What are the major threats and challenges that hinder the development of the industry?

What are the opportunities in store for the business owners operating in the market?  

Type Outlook (Revenue, USD Million; 2017-2027)

1. Bathymetric
2. Topographic

Platform Outlook (Revenue, USD Million; 2017-2027)

1. UAVs
2. Fixed Wing Aircraft
3. Rotary Wing Aircraft

Component Outlook (Revenue, USD Million; 2017-2027)

1. Cameras
2. Lasers
3. Micro-electromechanical Systems
4. Inertial Navigation Systems
5. GPS/GNSS

Application Outlook (Revenue, USD Million; 2017-2027)

1. Exploration & Detection
2. Corridor Mapping
3. Seismology

End-Use Outlook (Revenue, USD Million; 2017-2027)

1. Mining
2. Aerospace & Defense
3. Transportation & Logistics
4. Agriculture
5. Others

To identify the key trends in the industry and read full summary click on the link: https://www.emergenresearch.com/industry-report/airborne-lidar-market

Regional Analysis Covers:

1. North America (U.S., Canada)
2. Europe (U.K., Italy, Germany, France, Rest of EU)
3. Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
4. Latin America (Chile, Brazil, Argentina, Rest of Latin America)
5. Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)