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 report studies the historical data of the Airborne LiDAR market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. Due to Airborne LiDAR systems' extensive use in spacecraft and fighter jets for advanced protection and 3D imaging, the aerospace & defense segment is expected to hold the largest market over the forecast timeframe. However, it is expected that technological challenges in gathering, distributing, and managing the quality of real-time data would impede market growth over the forecast timeframe. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties.
The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market .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. 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. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals.
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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.
Emergen Research has segmented the global Airborne LiDAR Market on the basis of type, platform, component, application, end-use, and region:
Application Outlook (Revenue, USD Million; 2017-2027)
Exploration & Detection
Corridor Mapping
Seismology
End-Use Outlook (Revenue, USD Million; 2017-2027)
Mining
Aerospace & Defense
Transportation & Logistics
Agriculture
Others
The report considers the following timeline for market estimations:
Historical Years: 2017 – 2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020 – 2027
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Regional Analysis:
The report analyzes the spread of the Airborne LiDAR market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Key Questions:
Analysis and estimation of the Airborne LiDAR market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Airborne LiDAR market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Highlights of the TOC:
1. Report Overview
1.1 Research Scope
1.2 Key Airborne LiDAR market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Airborne LiDAR market size
2.2 Latest Airborne LiDAR market trends
2.3 Key growth trends
3. Competitive Landscape
3.1 Global Airborne LiDAR market key players
3.2 Global Airborne LiDAR size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Airborne LiDAR market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Read More: https://www.emergenresearch.com/industry-report/airborne-lidar-market
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