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.
Global Airborne LiDAR Market research report by Emergen Research offers strategic insights into the Airborne LiDAR business sphere and in-depth analysis of the industrial chain analysis, value chain analysis, upstream raw materials, investment strategies, regional expansions, and competitive landscape.
The report considers COVID-19 pandemic as a key influencing factor of the market growth. It also covers a current and future market outlook with a comprehensive assessment of the impact of the pandemic on the overall market and its key segments. The report estimates the market size, market growth, and provides an accurate forecast for the key segments and sub-segments of the market for the forecast period of 2021-2028.
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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.
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
Micro-electromechanical Systems
Inertial Navigation Systems
GPS/GNSS
Application Outlook (Revenue, USD Million; 2017-2027)
Exploration & Detection
Corridor Mapping
Seismology
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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End-Use Outlook (Revenue, USD Million; 2017-2027)
Mining
Aerospace & Defense
Transportation & Logistics
Agriculture
Others
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
The global Airborne LiDAR market report discusses in detail the revenue and cost profit analysis of the prominent players of the market. It also focuses on the strategic initiatives taken by the companies to gain a robust footing in the market such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate and government deals, and licensing agreements, among others. It covers business overview, expansion plans, gross profit margins, revenue growth, production and manufacturing capacity, product portfolio, and financial standing of the companies. SWOT analysis and Porter’s Five Forces analysis are also covered to offer detailed analysis of the key companies operating in the market.
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