Global Airborne LiDAR System Market 2017-2021: Focus on Hardware, Software and Services, Platforms and End-Users - ResearchAndMarkets.com

DUBLIN--()--The "Global Airborne LiDAR System Market: Focus on Hardware, Software and Services; Platforms, and End-Users- Analysis and Forecast: 2017 to 2021" report has been added to ResearchAndMarkets.com's offering.

The airborne LiDAR system market generated $732.4 million in the year 2016, including systems and services.

The airborne LiDAR system market has witnessed a high growth rate owing to significant demand for airborne imaging systems across the globe, owing to the technical superiority of LiDARs as compared to conventional sensors, such as radar and camera, and rise in the demand for miniaturized Micro-Elector Mechanical Systems (MEMS) sensors.

The recent innovations in LiDAR equipment and services enable the airborne LiDAR technology to reach a wider segment of consumers in the industry. The companies are developing relatively low-cost, compact, and lightweight airborne LiDAR systems, which facilitate the enhanced remote sensing services as compared to the traditional technologies.

This, in effect, is expected to increase competition soon as well as facilitate the utilization of airborne LiDAR system for varied applications, including forestry management and planning, flood modelling, pollution modelling, mapping and cartography, urban planning, coastline management, and transport planning, among others. Utilization of LiDARs for capturing rail data, emerging applications of LiDAR sensor, and innovations in LiDAR technology are the major factors which are expected to create lucrative opportunities for the market players in the next five years.

The market is filled with advancements in airborne LiDAR system for ground navigation and traffic management. The airborne mapping industry is currently witnessing rapid growth in the deployment of airborne LiDAR systems for earth science and forestry applications.

Upcoming airborne mapping technologies, combined with LiDARs, are displacing traditional methods of controlling and monitoring in ground mapping services. The major focus of the airborne mapping industry is to make the systems and services more affordable and consequently more accessible to a broad range of end users.

Market Dynamics

Drivers

  • High Demand for Airborne Imaging Systems
  • Superiority of LiDARs as Compared to Conventional Sensors
  • Rise in the Demand for Miniaturized Micro-Elector Mechanical Systems (MEMS) Sensors

Challenges

  • High Price of LiDARs
  • Complex Design and Development of LiDARs

Opportunities

  • Utilization of LiDARs for Rail Data Capture
  • Emerging Applications of LiDAR Sensor
  • Innovations in LiDAR Technology

Companies Mentioned

  • 3D Laser Mapping Ltd.
  • Airborne Imaging Inc.
  • FLIR Systems, Inc.
  • Faro Technologies Inc.
  • Lasermap Inc.
  • LeddarTech Inc.
  • Leica Geosystems AG - Part of Hexagon AB
  • Leosphere SaS
  • Phoenix LiDAR Systems LLC
  • Quanergy Systems, Inc.
  • rapidlasso GmbH
  • RIEGL Laser Measurement Systems GmbH
  • Service Offerings
  • Teledyne Optech Inc.
  • Trimble Inc.
  • Velodyne LiDAR, Inc.
  • YellowScan SAS

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Related Topics: Software, Lasers

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Related Topics: Software, Lasers