The global Airborne LiDAR Market is forecasted to be worth USD 1,291.2 Million by 2027, according to a current analysis by Emergen Research. Due to the increasing demand for remote scouting and geo exploration operations, the airborne LiDAR market is expected to grow significantly over the forecast timeframe. In different fields, such as geographic measurements and corridor mapping, the growing demand for 3D imaging is expected to further fuel market growth.
The growing demand for geo exploration activities and remote scouting, rising demand for 3d imaging, and increasing transportation activities Across the World is driving the demand for the market.
Airborne LiDAR Market Size – USD 405.8 Million in 2019, Market Growth - CAGR of 16.5%, Market Trends – The rise in the adoption of Airborne LiDAR in the defense industry.
In March 2019, FLIR Systems, Inc. acquired Endeavor Robotic Holdings, Inc. With the incorporation of Endeavor, FLIR became the largest supplier of unmanned aerial (UAVs) and terrain applications to meet the needs of warfighters, as well as public security.
Due to the advantages of high frequency, improved monitoring coupled with low power laser, better resolution, cost-effective data management, and improved laser integration (Neat-infra-red), the topographic segment is anticipated to dominate the market with a CAGR of 16.6% during the forecast period.
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Key participants include Leica Geosystems, Saab AB, FLIR Systems, Inc., Teledyne Technologies International Corp, Faro Technologies, Inc., Lasermap Inc., Merrick & Company, Inc., Xactsense Inc., RIEGL Laser Measurement Systems GmbH, and Firmatek, L.L.C. among others.
Platform Outlook (Revenue, USD Million; 2017-2027)
UAVs
Fixed Wing Aircraft
Rotary Wing Aircraft
Component Outlook (Revenue, USD Million; 2017-2027)
Cameras
Lasers
Micro-electromechanical Systems
Inertial Navigation Systems
GPS/GNSS
Application Outlook (Revenue, USD Million; 2017-2027)
Exploration & Detection
Corridor Mapping
Seismology
Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
End-Use Outlook (Revenue, USD Million; 2017-2027)
Mining
Aerospace & Defense
Transportation & Logistics
Agriculture
Others
The research provides answers to the following key questions:
What is the expected growth rate of the smarket for the forecast period 2020 - 2027? What is the market size likely to be during the estimated period?
What are the key driving forces shaping the future of the industry across different countries?
Who are the prominent market players dominating the AIRBORNE LIDAR market? How have they managed to maintain a competitive edge over their competitors?
What are the major trends and opportunities responsible for the progress of the AIRBORNE LIDAR market during the estimated period?
What are the major obstacles hindering the progress of the market worldwide?
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By Regions:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Radical Highlights of the Airborne LiDAR Market Report:
Comprehensive overview of the Airborne LiDAR market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Airborne LiDAR market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Key Questions Answered in the Report:
What is the growth rate of the Airborne LiDAR market? What is the anticipated market valuation of Airborne LiDAR industry by 2027?
What are the key growth driving and restraining factors of the Airborne LiDAR market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Airborne LiDAR industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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