Deerfield Beach, FL -- (SBWIRE) -- 06/13/2017 -- Latest industry research report on Light Detection and Ranging System Market. Light Detection and Ranging (LiDAR) system is another milestone in the technological advancements related for the application of surface mapping and detection. The system uses pulsed laser technology to measure variable distances from a source. The system can also be used for object detection and inspection applications. LiDAR systems are preferred over conventional surveying methods due to their ability to provide highly accurate data and 3D images in a shorter time. The rising demand for 3D imaging technology across various application areas such as entertainment, healthcare, defense and other sectors largely fuels the demand of these systems.

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Additional utility advantages of LiDAR in archaeological survey applications are gaining a massive adoption in the Asia-Pacific region. The low awareness about the benefits of LiDAR systems and the use of expensive components in LiDAR systems viz., laser scanner, navigation system, high-resolution 3D cameras, etc. are factors that restrain the adoption of LiDAR technology and hinder the market growth. However, the ongoing research and developments linked to the integration of LIDAR systems in driverless cars for obstacle detection and in avoiding collisions, will largely boost the adoption of these systems.

The LiDAR market is segmented on the type, components used, their application, end user sectors and country.

BY PRODUCT TYPE

Terrestrial / Static
Aerial
Mobile
Short-range

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BY APPLICATION

Corridor mapping
Seismology
Exploration and detection
Others

BY COMPONENTS

Laser
Inertial navigation system
Camera
Gps/Gnss receiver
Micro Electro Mechanical System (MEMS)

MARKET BY END-USER

Defense and aerospace
Civil Engineering
Archaeology
Forestry and Agriculture
Mining Industry
Transportation

BY COUNTRY

China
Japan
India
South Korea
Australia
Rest of Asia

Key Players

Teledyne Optech
Airborne Hydrography Ab (Hexagon)
Faro Technology
RIEGL Laser measurement systems
Intermap Technologies Inc.
GeoConnexion Corporation
Optech Incorporated
Avent Lidar Technology
ZephIR, Inc.
Wira Kerjaya Group of Companies