Airborne Light Detection and Ranging System Market by Mount Types and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71354
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The airborne light detection and ranging (LiDAR) system market share should rise by USD 900.41 million from 2021 to 2025 at a CAGR of 15.70%.

This airborne light detection and ranging system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by mount types (UAV mounted LiDAR and fixed and rotor-wing mounted LiDAR) and geography (North America, Europe, APAC, MEA, and South America). The airborne light detection and ranging system market report also offers information on several market vendors, including FARO Technologies Inc., GeoSLAM Ltd., Hexagon AB, LeddarTech Inc., Merrick and Co., Phoenix LiDAR Systems Operations LLC, Quanergy Systems Inc., Raymetrics, RIEGL Laser Measurement Systems GmbH, and Teledyne Technologies Inc. among others.

What will the Airborne Light Detection and Ranging System Market Size be in 2021?

To Unlock the Airborne LiDAR System Market Size for 2021 and Other Important Statistics, Download the Free Report Sample!

Airborne Light Detection and Ranging System Market: Key Drivers and Trends

The application of remote sensing technologies for disaster management is notably driving the airborne LiDAR system market growth, although factors such as exorbitant pricing may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the airborne light detection and ranging system industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This airborne light detection and ranging system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Airborne Light Detection and Ranging System Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • FARO Technologies Inc.
  • GeoSLAM Ltd.
  • Hexagon AB
  • LeddarTech Inc.
  • Merrick and Co.
  • Phoenix LiDAR Systems Operations LLC
  • Quanergy Systems Inc.
  • Raymetrics
  • RIEGL Laser Measurement Systems GmbH
  • Teledyne Technologies Inc.

 

The vendor landscape of the airborne light detection and ranging system market entails successful business strategies deployed by the vendors. The airborne LiDAR system market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the airborne light detection and ranging system market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Airborne Light Detection and Ranging System Market?

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37% of the market’s growth will originate from North America during the forecast period. The US is a key market for airborne light detection and ranging system in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The augmented use in defense activities will facilitate the airborne light detection and ranging system market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Mount Types Segments in the Airborne Light Detection and Ranging System Market?

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The airborne light detection and ranging system market share growth by the UAV mounted LiDAR segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the airborne LiDAR system market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Airborne Light Detection and Ranging System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 15.70%

Market growth 2021-2025

$ 900.41 million

Market structure

Fragmented

YoY growth (%)

4.09

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 37%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

FARO Technologies Inc., GeoSLAM Ltd., Hexagon AB, LeddarTech Inc., Merrick and Co., Phoenix LiDAR Systems Operations LLC, Quanergy Systems Inc., Raymetrics, RIEGL Laser Measurement Systems GmbH, and Teledyne Technologies Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Factors Covered in this Airborne Light Detection and Ranging System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive airborne light detection and ranging system market growth during the next five years
  • Precise estimation of the airborne light detection and ranging system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the airborne LiDAR system industry across North America, Europe, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of airborne LiDAR system market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Mount types

    • Market segments
    • Comparison by Mount types
    • UAV mounted LiDAR - Market size and forecast 2020-2025
    • Fixed and rotor-wing mounted LiDAR - Market size and forecast 2020-2025
    • Market opportunity by Mount types

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • FARO Technologies Inc.
    • GeoSLAM Ltd.
    • Hexagon AB
    • LeddarTech Inc.
    • Merrick and Co.
    • Phoenix LiDAR Systems Operations LLC
    • Quanergy Systems Inc.
    • Raymetrics
    • RIEGL Laser Measurement Systems GmbH
    • Teledyne Technologies Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The airborne light detection and ranging (lidar) system market growth will increase by $900.41 million during 2020-2025.
    The airborne light detection and ranging (lidar) system market is expected to grow at a CAGR of 15.7% during 2020-2025.
    Technavio has segmented the airborne light detection and ranging (lidar) system market by other1 (UAV mounted LiDAR and Fixed and rotor-wing mounted LiDAR) and geographic (North America, Europe, APAC, MEA, and South America).
    FARO Technologies Inc., GeoSLAM Ltd., Hexagon AB, LeddarTech Inc., Merrick and Co., Phoenix LiDAR Systems Operations LLC, Quanergy Systems Inc., Raymetrics, RIEGL Laser Measurement Systems GmbH, Teledyne Technologies Inc. are a few of the key vendors in the airborne light detection and ranging (lidar) system market.
    North America will register the highest growth rate of 37.17% among the other regions. Therefore, the airborne light detection and ranging (lidar) system market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the airborne light detection and ranging (lidar) system market growth are:
    • Application of remote sensing technologies for disaster management
    The airborne light detection and ranging (lidar) system market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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