UNITED STATES LIDAR MARKET FORECAST 2021-2025

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UNITED STATES LIDAR MARKET FORECAST 2021-2025

The United States LiDAR market is projected to record a CAGR of 22.19% during the forecast period. The country’s market growth is accredited to factors like, the surging use of autonomous vehicles, the initiatives introduced by the government, and the significant autonomous fleet business. The base year considered for the market study is 2020 and the forecast years are from 2021 to 2025.

UNITED STATES LIDAR MARKET FORECAST 2021-2025

United States 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)

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The United States LiDAR market is projected to record a CAGR of 22.19% during the forecast period. The country’s market growth is accredited to factors like, the surging use of autonomous vehicles, the initiatives introduced by the government, and the significant autonomous fleet business. The base year considered for the market study is 2020 and the forecast years are from 2021 to 2025.
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The use of autonomous vehicles is mainly prominent in the greater parts of the United States, thereby contributing to North America’s dominance across the independent vehicle division. Besides, the country’s housing enterprises, such as Google (Waymo) and Intel (Mobieye), possess a lucrative autonomous fleet business, while firms like GM and Fords play an essential role in the self-driving avenue. Moreover, Nevada, California, and Arizona recently permitted fully-autonomous vehicles to be tested without human supervision, with the latter having more than 600 self-driving cars on its roads. As a result, these endeavors authenticate the United States’ efforts in developing as a leading country, in terms of autonomous vehicles.

In 2018, the United States’ government also introduced a $1.3 trillion expenditure bill, including $100 million for a highly-automated vehicle research and development program. The new reserve also comprises $60 million for grants, in order to fund demonstration projects that would effectively test the safety and practicality of self-driving vehicles. Hence, these factors are expected to drive the United States LiDAR market growth, over the forecast period.

Faro Technologies Inc, headquartered in the United States, offers 3D measurement and imaging technology as well as imaging technology-associated software and devices for applications, such as survey-based forensics, manufacturing, industrial applications, and building construction. The company’s product portfolio is classified into four segments, including 3D documentation, metrology, 3D surveying, and software.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • COUNTRY SNAPSHOT
    • COUNTRY ANALYSIS
    • KEY GROWTH ENABLERS
    • KEY CHALLENGES
  3. KEY ANALYTICS
    • IMPACT OF COVID-19 ON UNITED STATES 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
    •    MARKET BY APPLICATION
      • CORRIDOR MAPPING
      • DETECTION & EXPLORATION
      • SEISMOLOGY
      • OTHER APPLICATIONS
    •    MARKET BY END-USER
      • CIVIL ENGINEERING
      • FORESTRY AND AGRICULTURE
      • AUTOMOTIVE
      • AEROSPACE & DEFENSE
      • ARCHAEOLOGY
      • MINING
    •    MARKET BY PRODUCT TYPE
      • AERIAL LIDAR
      • UNMANNED AERIAL VEHICLE (UAV)
      • AIRCRAFT
      • SATELLITE
      • TERRESTRIAL LIDAR
      • STATIC TERRESTRIAL LIDAR
      • MOBILE TERRESTRIAL LIDAR
    •    MARKET BY COMPONENT
      • LASER SCANNERS
      • INERTIAL NAVIGATION SYSTEM
      • CAMERAS
      • GPS
      • OTHER COMPONENTS
  1. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP & AGREEMENTS
      • BUSINESS EXPANSION
    •    COMPANY PROFILES
      • 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 – UNITED STATES LIDAR

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

TABLE 3: UNITED STATES LIDAR MARKET, BY APPLICATION, FORECAST YEARS, 2021-2025 (IN $ MILLION)

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

TABLE 5: UNITED STATES LIDAR MARKET, BY END-USER, FORECAST YEARS, 2021-2025 (IN $ MILLION)

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

TABLE 7: UNITED STATES LIDAR MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2025 (IN $ MILLION)

TABLE 8: UNITED STATES LIDAR MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: UNITED STATES LIDAR MARKET, BY COMPONENT, FORECAST YEARS, 2021-2025 (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: UNITED STATES LIDAR MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 6: UNITED STATES LIDAR MARKET, BY CORRIDOR MAPPING, 2021-2025 (IN $ MILLION)

FIGURE 7: UNITED STATES LIDAR MARKET, BY DETECTION & EXPLORATION, 2021-2025 (IN $ MILLION)

FIGURE 8: UNITED STATES LIDAR MARKET, BY SEISMOLOGY, 2021-2025 (IN $ MILLION)

FIGURE 9: UNITED STATES LIDAR MARKET, BY OTHER APPLICATIONS, 2021-2025 (IN $ MILLION)

FIGURE 10: UNITED STATES LIDAR MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

FIGURE 11: UNITED STATES LIDAR MARKET, BY CIVIL ENGINEERING, 2021-2025 (IN $ MILLION)

FIGURE 12: UNITED STATES LIDAR MARKET, BY FORESTRY AND AGRICULTURE, 2021-2025 (IN $ MILLION)

FIGURE 13: UNITED STATES LIDAR MARKET, BY AUTOMOTIVE, 2021-2025 (IN $ MILLION)

FIGURE 14: UNITED STATES LIDAR MARKET, BY AEROSPACE & DEFENSE, 2021-2025 (IN $ MILLION)

FIGURE 15: UNITED STATES LIDAR MARKET, BY ARCHAEOLOGY, 2021-2025 (IN $ MILLION)

FIGURE 16: UNITED STATES LIDAR MARKET, BY MINING, 2021-2025 (IN $ MILLION)

FIGURE 17: UNITED STATES LIDAR MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020

FIGURE 18: UNITED STATES LIDAR MARKET, BY AERIAL LIDAR, 2021-2025 (IN $ MILLION)

FIGURE 19: UNITED STATES LIDAR MARKET, BY UNMANNED AERIAL VEHICLE (UAV), 2021-2025 (IN $ MILLION)

FIGURE 20: UNITED STATES LIDAR MARKET, BY AIRCRAFT, 2021-2025 (IN $ MILLION)

FIGURE 21: UNITED STATES LIDAR MARKET, BY SATELLITE, 2021-2025 (IN $ MILLION)

FIGURE 22: UNITED STATES LIDAR MARKET, BY TERRESTRIAL LIDAR, 2021-2025 (IN $ MILLION)

FIGURE 23: UNITED STATES LIDAR MARKET, BY STATIC TERRESTRIAL LIDAR, 2021-2025 (IN $ MILLION)

FIGURE 24: UNITED STATES LIDAR MARKET, BY MOBILE TERRESTRIAL LIDAR, 2021-2025 (IN $ MILLION)

FIGURE 25: UNITED STATES LIDAR MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020

FIGURE 26: UNITED STATES LIDAR MARKET, BY LASER SCANNERS, 2021-2025 (IN $ MILLION)

FIGURE 27: UNITED STATES LIDAR MARKET, BY INERTIAL NAVIGATION SYSTEM, 2021-2025 (IN $ MILLION)

FIGURE 28: UNITED STATES LIDAR MARKET, BY CAMERAS, 2021-2025 (IN $ MILLION)

FIGURE 29: UNITED STATES LIDAR MARKET, BY GPS, 2021-2025 (IN $ MILLION)

FIGURE 30: UNITED STATES LIDAR MARKET, BY OTHER COMPONENTS, 2021-2025 (IN $ MILLION)

  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
  4. MARKET BY COMPONENT
    • LASER SCANNERS
    • INERTIAL NAVIGATION SYSTEM
    • CAMERAS
    • GPS
    • OTHER COMPONENTS

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