Airborne Light Detection and Ranging System Market 2021-2025
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 market growth of LIDAR, particularly airborne LIDAR systems. These systems provide high-resolution data for terrain mapping, flood risk assessment, forest management, and urban planning, enhancing disaster preparedness and response efforts. However, factors such as exorbitant pricing may impede market growth despite their critical applications. Our research analysts have studied the historical data and deduced the key market drivers, including the impact of the COVID-19 pandemic on the airborne light detection and ranging system industry. The holistic analysis of LIDAR systems for wind market drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge in the evolving market landscape.
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.
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Airborne Light Detection and Ranging System Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 15.70% |
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Market growth 2021-2025 |
USD 900.41 million |
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Market structure |
Fragmented |
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YoY growth (%) |
4.09 |
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Regional analysis |
North America, Europe, APAC, MEA, and South America |
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Performing market contribution |
North America at 37% |
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Key consumer countries |
US, China, Germany, UK, and Japan |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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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. |
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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 |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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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