Airborne LiDAR Market by Component (Lasers, Inertial Navigation Systems, Cameras, GPS/GNSS Receivers, and Micro-electro mechanical Systems), Application (Corridor Mapping, Seismology, Exploration & Detection, and Others), and End User (Aerospace & Defense, Civil Engineering, Archaeology, Forestry & Agriculture, Mining Industry, and Transportation & Logistics)by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) to be worth US$ 1245 Mn by 2026 at the CAGR of 16.18% during 2017 and 2026.
Airborne LiDAR market is expected to grow over the forecast period, owing to the automation in LiDAR systems, leading to the reduction in human efforts and improvement in efficiency. The important growth in general aviation, globally, and increasing inclination for cost-effective air travel are the key factors estimated to witness the growth of the airborne LiDAR market during the forecast period.
From end users segment, the transportation & logistics segment is expected the fastest-growing segment.
Highway and railway authorities usage aerial mapping services provided by different service providers in the airborne laser scanning market
Asia Pacific is estimated to be the fastest growing market for airborne LiDAR during forecast period
Rising infrastructural development, increased focus on agricultural management, and rise in mining activities in thisregion helps to increase the growth of this also the increase in surveying and mapping operations contribute in growth of airborne market. China, India, and Japan are the key players of airborne LiDAR markets in this region.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Teledyne Technologies, Saab Group, Airborne Imaging, Leica Geosystems, Faro Technologies, Inc., Flir Systems, Inc., RIEGL Laser Measurement Systems GmbH, Merrick & Company, Firmatek, and Lasermap Inc.
Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Airborne LiDARmarket. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in theAirborne LiDAR. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Airborne LiDARmarket positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Airborne LiDAR Market”.
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