The global Airborne LiDAR Market is forecasted to be worth USD 1,291.2 Million by 2027, according to a current analysis by Emergen Research. The segmental development is stimulated by this component's benefits, like greater reliability and performance in terms of standard and 3D imaging. The collective use of LiDAR systems in mapping and scanning solutions is driving the growth of the North American airborne LiDAR market, and this region is expected to dominate the market over the forecast timeframe. The report is formulated with the updated and latest information of the global Airborne LiDAR market further validated and verified by the industry experts and professionals Due to the increasing demand for remote scouting and geo exploration operations, the airborne LiDAR market is expected to grow significantly over the forecast timeframe. In March 2019, FLIR Systems, Inc. acquired Endeavor Robotic Holdings, Inc. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. Airborne LiDAR Market Size – USD 405.8 Million in 2019, Market Growth - CAGR of 16.5%, Market Trends – The rise in the adoption of Airborne LiDAR in the defense industry. Over the forecast period, the laser segment is expected to hold the largest market.
The growing demand for geo exploration activities and remote scouting, rising demand for 3d imaging, and increasing transportation activities Across the World is driving the demand for the market. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Airborne LiDAR market. In March 2019, FLIR Systems, Inc. acquired Endeavor Robotic Holdings, Inc. With the incorporation of Endeavor, FLIR became the largest supplier of unmanned aerial (UAVs) and terrain applications to meet the needs of warfighters, as well as public security The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities. In the forecast timeframe, the fixed-wing aircraft are accounted for the largest market. Fixed-wing aircraft include non-moving wings that are controlled by a propeller or piston. This is quite frequently used for extended travel times.
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Key participants include Leica Geosystems, Saab AB, FLIR Systems, Inc., Teledyne Technologies International Corp, Faro Technologies, Inc., Lasermap Inc., Merrick & Company, Inc., Xactsense Inc., RIEGL Laser Measurement Systems GmbH, and Firmatek, L.L.C. among others.
Emergen Research has segmented the global Airborne LiDAR Market on the basis of type, platform, component, application, end-use, and region:
Application Outlook (Revenue, USD Million; 2017-2027)
Exploration & Detection
Corridor Mapping
Seismology
Component Outlook (Revenue, USD Million; 2017-2027)
Cameras
Lasers
Micro-electromechanical Systems
Inertial Navigation Systems
GPS/GNSS
End-Use Outlook (Revenue, USD Million; 2017-2027)
Mining
Aerospace & Defense
Transportation & Logistics
Agriculture
Others
Type Outlook (Revenue, USD Million; 2017-2027)
Bathymetric
Topographic
Platform Outlook (Revenue, USD Million; 2017-2027)
UAVs
Fixed Wing Aircraft
Rotary Wing Aircraft
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Regional Analysis:
The report analyzes the spread of the Airborne LiDAR market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Key Questions:
Analysis and estimation of the Airborne LiDAR market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Airborne LiDAR market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Highlights of the TOC:
1. Report Overview 1.1 Research Scope 1.2 Key Airborne LiDAR market segments 1.3 Major players 1.4 Market analysis by product 1.5 Market analysis by application 1.6 Report timeline
2. Global Growth Trends 2.1 Global Airborne LiDAR market size 2.2 Latest Airborne LiDAR market trends 2.3 Key growth trends
3. Competitive Landscape 3.1 Global Airborne LiDAR market key players 3.2 Global Airborne LiDAR size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Airborne LiDAR market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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