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Lidar stands Light detection and ranging which usually uses light to measure distance of different object from the earth in the form of pulsed ranges. They usually create three dimensional information in the brief manner. These LIDAR usually consist of GPS receiver, scanner and a laser. Topographic and bathymetric are two of the common types of the LIDAR. They are very useful for the scientist as it help them to evaluate natural and manmade environment accurately and precisely.
Global liDAR market is segmented on the basis of component, product, application, installation, image production, end- user and geography
By Component (Laser Scanners, Navigation & Positioning Systems, Photodetector Receivers, Others); Product (Aerial, Ground-Based, UAV, Solid-State), Service (LiDAR Data Processing, Aerial Surveying, Asset Management, GIS Service, Ground-Based Surveying, Mapping & Modelling), Application (Corridor Mapping, Engineering, Environment, ADAS & Driverless Cars, Exploration, Urban Planning, Cartography, Meteorology), Installation (Air-borne, Ground based), Range (Short, Medium, Large), Image Projection (2D, 3D), End User (Defense and aerospace, Civil Engineering, Archaeology, Forestry and Agriculture, Mining Industry, Transportation), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Few of the major competitors currently working in the Lidar market are Sick AG, Trimble Inc., Quantum Spatial, FARO Technologies, Inc., Beijing Beike Digital Medical Technology Co.,Ltd., Geokno India Pvt. Ltd.,Leica Geosystems AG, RIEGL Laser Measurement Systems GmbH , Velodyne Lidar, Inc., Geokno India Pvt. Ltd., Quanergy Systems, Inc., Innoviz Technologies Ltd., LeddarTech Inc, AutonomouStuff, TriLumina, Tetravue, Inc., Skylum, Princeton Lightwave, Inc., Neptec Technologies Corp., among others.
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Lidar Market is Expected to Reach USD 9479 Million by 2026