The worldwide market for Light Detection and Ranging (LIDAR) is expected to grow at a CAGR of roughly 10.8% over the next five years, will reach 470 million US$ in 2024, from 250 million US$ in 2019, according to a new GIR (Global Info Research) study.

Albany, NY -- (SBWire) -- 03/07/2019 --The Light Detection and Ranging (LIDAR) Market report includes an extensive analysis of key industry drivers, restraints, market trends, and market structure. The key players in the Light Detection and Ranging (LIDAR) market are particularly focusing on acquisitions, mergers, expansion, distribution, launching new products and adoption of new technologies. The inductive Light Detection and Ranging (LIDAR) market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business.

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Light Detection and Ranging (LIDAR) Market Top Key Competitors covered, with production, price, revenue (value):

- Leica Geosystems
- Trimble
- Teledyne Optech
- Riegl
- Topcon
- Velodyne LiDAR
- 3D Laser Mapping
- IGI
- Sure Star

Based on Product Type, Light Detection and Ranging (LIDAR) market report displays the manufacture, profits, value, and market segment and growth rate of each type, covers:

- Airborne LIDAR
- Terrestrial LIDAR
- Others

Based on end users/applications, Light Detection and Ranging (LIDAR) market report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, this can be divided into:

- Civil Engineering
- Forestry & Agriculture
- Transportation
- Urban Mapping
- Others

Scope of the Report:

As for the global Lidar industry, the industry structure is relative concentrated. The most of market share in production value is dominated by the top three giants Leica Geosystems, Trimble and Optech, which occupies closes to 65% totally in 2015. In the meantime, new entrants are emerging in this market, eroding the market share of traditional player as more applications are developed and diverse models are demanding in the market.

Key market drivers are the better performance than other technologies and ring demand for 3D mapping, as well as emerging supply market force for cheaper and better equipment to challenge current players.

Europe is holding the lions share globally in technology and production, while North America is the largest consumption area. Other emerging countries, like China and India, are increasing Lidar in various applications.

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This Light Detection and Ranging (LIDAR) Market Research/analysis Report Focus on following important aspects:

1. Manufacturing Technology is Used for Light Detection and Ranging (LIDAR): - Undergoing Developments in That Technology, Trends Causing These Developments.
2. Global Key Players of Light Detection and Ranging (LIDAR) Market: - Their Company Profile, Product Information and Contact Information.
3. Global Market Status of Light Detection and Ranging (LIDAR) Market: - Past and Present information and Future predictions about Productions Capacity, Production Value, Cost and Return on Investments in Light Detection and Ranging (LIDAR) Market.
4. Current Market Status of Light Detection and Ranging (LIDAR) Market: - Market Competition includes both Company and Country Wise competition in this Industry. Market Analysis of Light Detection and Ranging (LIDAR) Market by Taking Applications and Types in Consideration.
5. Predictions of Global Light Detection and Ranging (LIDAR) Market Considering Production Capacity, and Production Value. What Estimation is expected for Cost Vs Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?

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