Press release
Light Detection and Ranging (LiDAR) Market Share, Size, Trends, Growth, Analysis, Outlook, Report and Forecast Period of 2024-2032
Light Detection and Ranging (LiDAR) Market
According to a new report by Expert Market Research titled, "Light Detection and Ranging (LiDAR) Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global light detection and ranging (LiDAR) market is projected to grow at a CAGR of 22.90% between 2024 and 2032. Aided by the increasing applications in topographical surveys, forestry, environmental research, and autonomous vehicles, the market is expected to grow significantly by 2032.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/light-detection-and-ranging-lidar-market/requestsample
Light detection and ranging (LiDAR) is an innovative method used for measuring distances by illuminating the target with laser light and gauging the reflection with a sensor. It precisely gauges the distance of an object on the Earth's surface, making it an invaluable tool in creating high-resolution maps, especially in geology, seismology, and forestry. Over the years, LiDAR technology has transitioned from being a niche equipment in the surveying sector to an essential instrument for a plethora of industries.
A significant factor spearheading the global light detection and ranging (LiDAR) market growth is its rising application in the automotive sector, particularly in the development of autonomous vehicles. With the surge of interest and investments in self-driving cars, LiDAR systems are viewed as pivotal, offering real-time data that facilitates object detection and road mapping, ensuring the vehicle's safety.
As per the light detection and ranging (LiDAR) market analysis, in the realm of environmental conservation and research, LiDAR has seen widespread adoption. Scientists employ this technology for habitat modelling, forest canopy analysis, and flood modelling, ensuring accurate data collection and analysis. The precision and reliability offered by LiDAR technology, especially in mapping terrains and analysing topographical changes, have made it the go-to choice for geologists and environmentalists alike.
The expanding infrastructure and urban planning sectors are also significant contributors to the global light detection and ranging (LiDAR) market growth. Architects, urban planners, and city officials utilise LiDAR in assessing and planning urban landscapes, understanding terrains, and ensuring optimal land utilisation. Additionally, with advancements in technology, the integration of Artificial Intelligence (AI) with LiDAR systems has further enhanced its capabilities, propelling its demand across various sectors.
Another vital industry where LiDAR has carved a niche for itself is the energy sector, especially in wind farm planning. Here, LiDAR assists in wind resource assessment, helping energy companies in optimising the placement of turbines to capture maximum wind energy. This precise approach not only augments energy output but also ensures the sustainable development of wind farms.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/light-detection-and-ranging-lidar-market
Light Detection and Ranging (LiDAR) Market Segmentation
The market can be divided based on type, product, component, application, end user, and region.
Market Breakup by Type
Mechanical
Solid States
Market Breakup by Product
Terrestrial
Aerial
Mobile
Market Breakup by Component
Laser Scanners
Navigation Systems
Positioning Systems
Others
Market Breakup by Application
Mapping and Cartography
ADAS (Advanced Driver-Assistance System)
Surveillance
Environment
Exploration and Detection
Others
Market Breakup by End User
Defence and Aerospace
Civil Engineering
Archaeology
Forestry and Agriculture
Mining
Transportation
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global light detection and ranging (LiDAR) market. Some of the major players explored in the report by Expert Market Research are as follows:
Faro Technologies, Inc.
Jabil Inc.
Trimble Inc.
Velodyne Lidar, Inc.
Innoviz Technologies Ltd
Leica Geosystems AG
Teledyne Geospatial
Luminar Technologies, Inc.
Quanergy Systems, Inc.
Ouster, Inc.
Others
Read More:
Metalworking Fluids Market: https://www.expertmarketresearch.com/reports/metalworking-fluids-market
Radiopharmaceuticals Market: https://www.expertmarketresearch.com/reports/radiopharmaceuticals-market
Best Honey Companies: https://www.expertmarketresearch.com/articles/top-honey-companies
Top 10 Companies in the Global Automotive Airbag Inflator Market: https://www.expertmarketresearch.com/articles/top-automotive-airbag-inflator-manufacturers
Geospatial Analytics Market: https://www.expertmarketresearch.com/reports/geospatial-analytics-market
Textile Market: https://www.expertmarketresearch.com/reports/textile-market
Advanced Wound Care Market: https://www.expertmarketresearch.com/reports/advanced-wound-care-market
Top Automotive Wrap Films Companies: https://www.expertmarketresearch.com/articles/top-automotive-wrap-films-companies
Top Fire Extinguisher Companies: https://www.expertmarketresearch.com/articles/top-fire-extinguisher-companies
Top Refrigeration Compressor Companies: https://www.expertmarketresearch.com/articles/top-refrigeration-compressor-companies
Media Contact:
Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Light Detection and Ranging (LiDAR) Market Share, Size, Trends, Growth, Analysis, Outlook, Report and Forecast Period of 2024-2032 here
News-ID: 3439366 • Views: …
More Releases from Expert Market Research
EPC (Engineering, Procurement, and Construction) Market Size and Report - 2034
EPC (Engineering, Procurement, and Construction) Market Outlook
According to the report by Expert Market Research (EMR), the global EPC (engineering, procurement, and construction) market attained a value of USD 837.78 billion in 2024. The market is projected to grow at a CAGR of 3.20% during the forecast period of 2025-2034, reaching a valuation of approximately USD 1,147.96 billion by 2034. This growth is largely driven by the rising demand for infrastructure…
Gallbladder Cancer Epidemiology Forecast Insights
The Gallbladder Cancer Epidemiology Forecast has become an essential resource in modern healthcare, guiding clinicians, researchers, and policymakers as they work to understand a disease that often presents late and progresses rapidly. This type of forecast does not focus on financial figures or market performance; instead, it maps out the current and future landscape of gallbladder cancer occurrence, patterns, influential factors, and evolving patient needs. As gallbladder cancer remains one…
Indonesia Barge Fleet Market Size, Share and Growth Forecast (2025-2034)
Indonesia Barge Fleet Market Outlook
According to the report by Expert Market Research (EMR), the Indonesia barge fleet market attained a value of USD 1.33 billion in 2024. Driven by the increasing demand for inland and coastal transportation of goods, rising industrial activity, and ongoing investments in port infrastructure, the market is projected to grow at a CAGR of 4.70% during the forecast period of 2025 to 2034, reaching a value…
Digital Content Creation Market: Trends, Innovations, and Opportunities in 2034
The digital content creation market is expanding rapidly, driven by advancements in AI tools, rising consumer demand for personalized content, and the increasing importance of digital platforms. Valued at USD 33.37 billion in 2024, the market is projected to grow at a CAGR of 12.50% to reach USD 108.36 billion by 2034. With businesses seeking faster, scalable content creation solutions, understanding the latest market trends and drivers is key to…
More Releases for LiDAR
LiDAR Market Report 2024 - LiDAR Market Demand, Growth, And Segments
"The Business Research Company recently released a comprehensive report on the Global LiDAR Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of…
Automotive LiDAR Market Is Booming Worldwide | Benewake, Garmin, Velodyne Lidar
The "Automotive LiDAR Market" intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. to determine market size, potential, growth trends, and competitive environment, the Automotive LiDAR Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured…
LiDAR drone: Illuminating Landscapes through LiDAR-enabled Aerial Mapping
The aerial remote sensing defends critical infrastructure such as airports, banks, government buildings, and military bases among others. The fixed-wing type of drones offer prompt, unfailing, and efficient services to police and military forces since they need to be ready to react to any case quickly and make quick and relevant information. This type of drone is lucrative option compared to manhours and help to make certain public safety during…
LiDAR Technology Market May See a Big Move | Trimble, Velodyne Lidar, YellowScan
Latest Study on Industrial Growth of Global LiDAR Technology Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the LiDAR Technology market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and…
LiDAR Drones Market Astonishing Growth with Top Influencing Key Players like Vel …
The LiDAR drones market was valued at USD 74.96 million in 2020, and is projected to reach a value of USD 525.86 million by 2026, recording a CAGR of 38.19% over the forecast period (2021 - 2026).
Latest research on LiDAR Drones Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported…
LiDAR Drones Market 2021 Strategic Assessment- Velodyne LiDAR Inc., Phoenix LiDA …
Global LiDAR Drones Market This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In 2019, the LiDAR drones market was valued at USD 38.16 million, and is projected to reach a value of USD…
