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LiDAR Market Industry Shares, Market Strategies And Key Players

LiDAR Market is bifurcated into terrestrial LiDAR Market and airborne LiDAR Market.
Nikita Limkar | 18.09.2017
The global LiDAR Market market is primarily driven by the host of comparative advantages over conventional mapping technologies, growing demand for 3D imagery in commercial, consumer, and government applications, and the development of unmanned aerial vehicles. However, gaps in software development and lack of standardization of data formats threaten to impede the LiDAR Market market.The research report reviews the LiDAR Market market by segmenting it based on three parameters: product type, geography, and application.

On the basis of product type, the LiDAR Market is bifurcated into terrestrial LiDAR Market and airborne LiDAR Market. Of these, airborne or aerial LiDAR Market mapping dominated the overall market.On the basis of application, the LiDAR Market market is segmented into forestry, infrastructure, transmission lines, coastal, transportation, defense and aerospace, flood mapping, and others such as hydrography and mining. Coastal applications dominate the overall LiDAR Market market owing to increased use of LiDAR Market in disaster management and control. Transmission lines, on the other hand, make up the fastest growing segment of the LiDAR Market market, thanks to the growing demand for power utilities.

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On the basis of geography, the worldwide LiDAR Market market is divided into North America, Asia Pacific, Europe, and Rest of the World. North America held the largest share of the LiDAR Market market in 2013, driven by high penetration in defense and military applications as well as increased research and development spending to develop innovative LiDAR Market technologies. Europe presently follows North America; however, the former is anticipated to surpass the latter during the course of the forecast period owing to presence of major players supporting the growth of the market and catering to the rising demand for the massive consumer base. The Rest of the World region and Asia Pacific are also anticipated to witness considerable growth by 2020.

The notable players within the global LiDAR Market market include DigitalWorld Mapping Inc., FARO Technology, Inc., 3D Laser Mapping Ltd., Mosaic 3D, Airborne Hydrography AB, Leica Geosystems AG, Firmatek 3D Mapping Solutions LLC, Aerometric Inc., Intermap Technologies Corp., Avent LiDAR Market Technology, Optech Incorporated, and RIEGL Laser Measurement Systems GmbH. These companies have been reviewed in the report, keeping in mind certain aspects such as business overview, business strategy, recent developments, financial standing, and a SWOT analysis.

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Global LiDAR Market Market, by Product Type:

Airborne LiDAR Market
Terrestrial LiDAR Market

Global LiDAR Market Market, by Application:

Coastal
Forestry
Transportation
Infrastructure
Defense and Aerospace
Transmission lines
Flood Mapping
Others (Mining, Hydrography etc)

Global LiDAR Market Market, by Geography:

North America
Asia Pacific
Europe
Rest of the World