Airborne lidar market analysis– Industry Trends and Forecast to 2027


Posted December 7, 2021 by james4220

The global airborne lidar market analysis was valued at USD 971.8 million in 2016, and is expected to reach USD 2,533.7 million by 2022 at a CAGR of 17.32% from 2017 to 2022.
 
Market Overview
The LiDAR instrument is mounted on helicopters, drones, and single and twin engine plane. The LiDAR mounted on aircraft emits rapid pulses of laser light at a ground surface. LiDAR emits up to 150,000 pulses per second. A sensor on the instrument measures the time taken for each pulse to be received back from the ground surface. The airborne LiDAR systems emerged commercially in the mid-1990s, and provide explicit 3D laser profiling and scanning in contrast to the 2D planimetric remote sensing data. The 3D coordinates (x, y, z) axis, describe the 3D topographic profile of the Earth’s surface, vegetation area coverage, and human-made objects. The airborne LiDAR technique has been efficiently used for generating Digital Elevation Model (DEM), Digital Terrain Model (DTM), and Digital Surface Model (DSM).

Competitive Landscape
The key players in airborne lidar market analysis are Saab AB (Sweden), Teledyne Technologies (U.S.), Leica Geosystems (Switzerland), FLIR Systems (U.S.), Faro Technologies Inc. (U.S.), Leosphere SAS (France), 3D Laser Mapping (England), Firmatek (U.S.), RIEGL Laser Measurement Systems GmbH (Northeast Africa), Quanergy Systems, Inc. (U.S.), and Raymetrics S.A. (Greece).

Market Segmentation
The U.S. government is investing a large number of funds in airborne LiDAR for civil engineering and defense applications, to increase the accuracy of operations at a lesser time and decrease the risk factors involved. In the recent fiscal year budget, the U.S. military sector is anticipated to spend a huge amount on procuring unmanned aerial systems; this will lead to driving the growth of the airborne lidar market analysis. Moreover, it has witnessed an increase in demand for military and civil infrastructure projects in the last few years. The usage of airborne LiDAR in all these projects and several government investments in various industries are expected to surge the growth of the global airborne lidar market analysis.

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Regional Analysis
America
Europe
Asia Pacific
Middle East and Africa
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Last Updated December 7, 2021