(EMAILWIRE.COM, January 04, 2019 ) Light detection and ranging (LiDAR) is an advanced position detection technique. It is used in measurement of accurate and precise positions of physical objects. In LiDAR technology, a guided laser beam is used to locate the accurate position of an object to the scanner of the LiDAR system.

Lack of awareness about the benefits of LIDAR coupled with inadequate knowledge about the working of LIDAR among the inexpert consumers is acting as one of the major restrains for the global LIDAR market. Moreover, the high initial setup cost of LIDAR system is hindering the wide acceptance of LIDAR system in cost sensitive markets of Asia-Pacific.

According to this study, over the next five years the Light Detection and Ranging market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global revenue market share of key companies in Light Detection and Ranging business, shared in Chapter 3.

This Light Detection and Ranging Market Report Analyzes The Market Status, Market Share, Growth Rate, Future Trends, Market Drivers, Opportunities and Challenges, Risks and Entry Barriers, Sales Channels, Distributors and Porter's Five Forces Analysis.

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This study considers the Light Detection and Ranging value generated from the sales of the following segments:

Light Detection and Ranging Breakdown Data by Type
Airborne LIDAR
Terrestrial LIDAR
Short Range LIDAR

Light Detection and Ranging Breakdown Data by Application
Government
Civil Engineering
Military
Defence and Aerospace
Corridor Mapping
Topographical Surveys
Volumetric Mapping
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3
Digitalworld Mapping
Trimble Navigation
Aerometric
Firmatek
IGI
Leica Geosystems
Optech
Raymetrics
Avent Lidar Technology
Renishaw
Airborne imaging
RIEGL
Faro Technologies
Velodyne LiDAR

North America is the largest market of LiDAR followed by Europe and Asia-Pacific. The market dominance of North America is attributed to wide use of LiDAR system in commercial and defence aviation sectors. Asia-Pacific is the fasted growing market of LiDAR system, owing to the increasing demand of the LiDAR system from the civil construction and mining industries. Also, the increasing defence budget of developing countries, such as China and India, is further boosting the market of LiDAR system in this region.

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

RESEARCH OBJECTIVES
• To study and analyze the global Light Detection and Ranging market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Light Detection and Ranging market by identifying its various sub segments.
• Focuses on the key global Light Detection and Ranging players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Light Detection and Ranging with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Light Detection and Ranging submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Light Detection and Ranging :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Light Detection and Ranging market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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