NORTH AMERICA LIDAR MARKET FORECAST 2021-2028

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NORTH AMERICA LIDAR MARKET FORECAST 2021-2028

The North America LiDAR market is estimated to grow with a CAGR of 22.02%, over the forecast period of 2021 to 2028. The region’s primary market growth drivers include, the increased LiDAR applications in sectors like defense and industrial, the growing popularity of geospatial mapping applications, and rising research and development activities in autonomous vehicles. The North America LiDAR market growth includes the analysis of the United States and Canada.

NORTH AMERICA LIDAR MARKET FORECAST 2021-2028

North America Lidar Market by Application (Corridor Mapping, Detection & Exploration, Seismology, Other Applications) by End-user (Civil Engineering, Forestry and Agriculture, Automotive, Aerospace & Defense, Archaeology, Mining) by Product Type (Aerial Lidar (Unmanned Aerial Vehicle (Uav), Aircraft, Satellite), Terrestrial Lidar (Static Terrestrial Lidar, Mobile Terrestrial Lidar)) by Component (Laser Scanners, Inertial Navigation System, Cameras, Gps, Other Components) and by Geography.

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The North America LiDAR market is estimated to grow with a CAGR of 22.02%, over the forecast period of 2021 to 2028. The region’s primary market growth drivers include, the increased LiDAR applications in sectors like defense and industrial, the growing popularity of geospatial mapping applications, and rising research and development activities in autonomous vehicles.
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The North America LiDAR market growth includes the analysis of the United States and Canada. The United States is a significant market, especially in terms of the industrial revolution, with data being used on a major scale for producing and integrating information. This also entails a diverse range of manufacturing solutions, across the supply chain. The country has also continued to be one of the largest automotive markets, globally, harboring more than 13 key auto-manufacturers.

Moreover, in 2018, the United States emerged as the most prominent natural gas exporter across the region. For instance, in the same year, the United States Advanced Research Projects Agency-Energy (ARPA-E) launched a program aiming to minimize the price of methane sensor systems since methane emissions largely contribute to the majority of the environmental pollution from the oil and gas industry. The agency monitored the affordable solutions presented, and 11 companies were awarded grants in order to boost the development of methane leak detection systems. One of these included Mobile LiDAR Sensors, by Bridger Photonic, among other optical sensors. Hence, these factors play an essential role in driving the LiDAR market growth.

Headquartered in the United States, Quanergy Systems Inc., primarily develops and commercializes sensing solutions for real-time 3D mapping and tracking, object detection, and classification. Moreover, the company is among the leading providers of time-off light LiDAR sensors as well as perception software, for 3D spatial data’s real-time capture and processing.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET SCOPE
    •    KEY DRIVERS
      • RISING DEMAND FROM DIFFERENT SECTORS
      • EXTENSIVE USE OF LIDAR IN AIRBORNE APPLICATIONS
      • BETTER FEATURES THAN OTHER ALTERNATIVES
      • ADVANCEMENT IN TECHNOLOGY
      • INCREASING RESEARCH AND DEVELOPMENT IN SELF-DRIVING CARS
    •    KEY RESTRAINTS
      • HIGH COST OF SYSTEM
      • REAL POTENTIAL OF LIDAR NOT REALIZED
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON LIDAR MARKET
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
  2. MARKET BY APPLICATION
    • CORRIDOR MAPPING
    • DETECTION & EXPLORATION
    • SEISMOLOGY
    • OTHER APPLICATIONS
  3. MARKET BY END-USER
    • CIVIL ENGINEERING
    • FORESTRY AND AGRICULTURE
    • AUTOMOTIVE
    • AEROSPACE & DEFENSE
    • ARCHAEOLOGY
    • MINING
  4. MARKET BY PRODUCT TYPE
    •    AERIAL LIDAR
      • UNMANNED AERIAL VEHICLE (UAV)
      • AIRCRAFT
      • SATELLITE
    •    TERRESTRIAL LIDAR
      • STATIC TERRESTRIAL LIDAR
      • MOBILE TERRESTRIAL LIDAR
  1. MARKET BY COMPONENT
    • LASER SCANNERS
    • INERTIAL NAVIGATION SYSTEM
    • CAMERAS
    • GPS
    • OTHER COMPONENTS
  2. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
      • BUSINESS EXPANSION
    •    COMPANY PROFILE
      • VELODYNE LIDAR INC
      • LEICA GEOSYSTEMS AG
      • TOPCON CORPORATION
      • RIEGL LASER MEASUREMENT SYSTEMS GMBH
      • QUANERGY SYSTEMS INC
      • PHANTOM INTELLIGENCE INC
      • TRIMBLE INC
      • TELEDYNE OPTECH
      • FARO TECHNOLOGIES INC
      • AIRBORNE HYDROGRAPHY AB

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – LIDAR

TABLE 2: NORTH AMERICA LIDAR MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: NORTH AMERICA LIDAR MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: NORTH AMERICA LIDAR MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: NORTH AMERICA LIDAR MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: NORTH AMERICA LIDAR MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: NORTH AMERICA LIDAR MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA AERIAL LIDAR MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: NORTH AMERICA AERIAL LIDAR MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: NORTH AMERICA TERRESTRIAL LIDAR MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11: NORTH AMERICA TERRESTRIAL LIDAR MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: NORTH AMERICA LIDAR MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 13: NORTH AMERICA LIDAR MARKET, BY COMPONENT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 14: NORTH AMERICA LIDAR MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 15: NORTH AMERICA LIDAR MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: NORTH AMERICA LIDAR MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 6: NORTH AMERICA LIDAR MARKET, BY CORRIDOR MAPPING, 2021-2028 (IN $ MILLION)

FIGURE 7: NORTH AMERICA LIDAR MARKET, BY DETECTION & EXPLORATION, 2021-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA LIDAR MARKET, BY SEISMOLOGY, 2021-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA LIDAR MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA LIDAR MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

FIGURE 11: NORTH AMERICA LIDAR MARKET, BY CIVIL ENGINEERING, 2021-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA LIDAR MARKET, BY FORESTRY AND AGRICULTURE, 2021-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA LIDAR MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA LIDAR MARKET, BY AEROSPACE & DEFENSE, 2021-2028 (IN $ MILLION)

FIGURE 15: NORTH AMERICA LIDAR MARKET, BY ARCHAEOLOGY, 2021-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA LIDAR MARKET, BY MINING, 2021-2028 (IN $ MILLION)

FIGURE 17: NORTH AMERICA LIDAR MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020

FIGURE 18: NORTH AMERICA LIDAR MARKET, BY AERIAL LIDAR, 2021-2028 (IN $ MILLION)

FIGURE 19: NORTH AMERICA LIDAR MARKET, BY UNMANNED AERIAL VEHICLE (UAV), 2021-2028 (IN $ MILLION)

FIGURE 20: NORTH AMERICA LIDAR MARKET, BY AIRCRAFT, 2021-2028 (IN $ MILLION)

FIGURE 21: NORTH AMERICA LIDAR MARKET, BY SATELLITE, 2021-2028 (IN $ MILLION)

FIGURE 22: NORTH AMERICA LIDAR MARKET, BY TERRESTRIAL LIDAR, 2021-2028 (IN $ MILLION)

FIGURE 23: NORTH AMERICA LIDAR MARKET, BY STATIC TERRESTRIAL LIDAR, 2021-2028 (IN $ MILLION)

FIGURE 24: NORTH AMERICA LIDAR MARKET, BY MOBILE TERRESTRIAL LIDAR, 2021-2028 (IN $ MILLION)

FIGURE 25: NORTH AMERICA LIDAR MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020

FIGURE 26: NORTH AMERICA LIDAR MARKET, BY LASER SCANNERS, 2021-2028 (IN $ MILLION)

FIGURE 27: NORTH AMERICA LIDAR MARKET, BY INERTIAL NAVIGATION SYSTEM, 2021-2028 (IN $ MILLION)

FIGURE 28: NORTH AMERICA LIDAR MARKET, BY CAMERAS, 2021-2028 (IN $ MILLION)

FIGURE 29: NORTH AMERICA LIDAR MARKET, BY GPS, 2021-2028 (IN $ MILLION)

FIGURE 30: NORTH AMERICA LIDAR MARKET, BY OTHER COMPONENTS, 2021-2028 (IN $ MILLION)

FIGURE 31: NORTH AMERICA LIDAR MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 32: UNITED STATES LIDAR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 33: CANADA LIDAR MARKET, 2021-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY APPLICATION
    • CORRIDOR MAPPING
    • DETECTION & EXPLORATION
    • SEISMOLOGY
    • OTHER APPLICATIONS
  2. MARKET BY END-USER
    • CIVIL ENGINEERING
    • FORESTRY AND AGRICULTURE
    • AUTOMOTIVE
    • AEROSPACE & DEFENSE
    • ARCHAEOLOGY
    • MINING
  3. MARKET BY PRODUCT TYPE
    •    AERIAL LIDAR
      • UNMANNED AERIAL VEHICLE (UAV)
      • AIRCRAFT
      • SATELLITE
    •    TERRESTRIAL LIDAR
      • STATIC TERRESTRIAL LIDAR
      • MOBILE TERRESTRIAL LIDAR
  1. MARKET BY COMPONENT
    • LASER SCANNERS
    • INERTIAL NAVIGATION SYSTEM
    • CAMERAS
    • GPS
    • OTHER COMPONENTS

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