Light Detection and Ranging Market Size Analysis, Drivers, Restraints, Key Factors Forecast, 2021–2032

Health Jan 10, 2025 12 Add to Reading List

The global Light Detection and Ranging (LiDAR) market size was USD 1,821.3 Million in 2021 and is expected to register a revenue CAGR of 12.5% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of LiDAR in Unmanned Aerial Vehicles (UAVs) and engineering and construction applications, increasing investments in Research & Development (R&D) activities, and growing use of LiDAR to navigate hazardous or challenging terrain are some of the key factors driving market revenue growth.

The Global Light Detection and Ranging Market research study published by Reports and Data is an extensive collection of insightful information about the Light Detection and Ranging industry. The report covers the Light Detection and Ranging Market segmentation along with a detailed outline of the Light Detection and Ranging market size with regards to volume and valuation. The report provides comprehensive coverage of the Light Detection and Ranging market scenario for the current period and forecast timeline of 2020-2027. The Light Detection and Ranging market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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The leading market contenders listed in the report are:

Teledyne Geospatial, Leica Geosystems AG, Trimble Inc., Xenomatrix, Riegl Laser Measurement Systems GmbH, Sick AG, SURESTAR, Yellowscan, and Valeo

Key reasons to buy the Global Light Detection and Ranging Market report:

The latest report comprehensively studies the global Light Detection and Ranging market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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Market Segmentations of the Light Detection and Ranging Market

Technology Outlook (Revenue, USD Million; 2019-2030)

Component Outlook (Revenue, USD Million; 2019-2030)

Laser scanner
Sensors
Navigation and Positioning Systems
Others

Type Outlook (Revenue, USD Million; 2019-2030)

Solid-state
Mechanical

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Regional Outlook of the Light Detection and Ranging Market

The global Light Detection and Ranging market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Light Detection and Ranging market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Light Detection and Ranging Market report:

The latest report comprehensively studies the global Light Detection and Ranging market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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