According to a new market intelligence report by BIS Research titled “Global Lidar Market – Analysis and Forecast, 2020-2025,” the global lidar market is expected to reach $2,181.6 million by 2025. Lidars provide numerous advantages over other mapping and surveying techniques. Lidars help in saving production costs, providing utmost product quality, maximizing productions, avoiding catastrophic failures, and discovering the underlying facts in various industries.
According to Ajeya Saxena, Lead Analyst at BIS Research, “Over the last few years, lidar solutions have witnessed significant growth and development. It is now a common sensor that is leveraged by numerous industries for mapping and surveying applications. The growth has been attributed to an increase of venture capital investment that has resulted in the emergence of many new companies demonstrating a healthy growth. However, with the growing popularity, many competitor companies and investors have started to think about real profit, rather than aggressive growth. There are still major challenges faced by the lidar. The severe impact of COVID-19 on lidar manufacturers has also underlined the financial instability of many companies.”
A DEEP TECH M-A-PTM design of ‘Lidar Market - A Global and Regional Market Analysis: 2020-2025’ report provides holistic coverage of relevant markets, applications, and products.
The report covers aspects at not only a global level, along with deep-diving across all major regions of the world and key countries within them. 98 Data Tables and 71 Figures over nearly 199 Pages provide sufficient and relevant depth and coverage to help the client make confident and reliable business decisions for now and the future.
Further, as a premium report option, BIS Research is also offering its buyers who are interested only in ‘products and innovations’, to instead purchase only a mini-report focusing on just those aspects. This mini-report has the complete ‘products’ section, along with related coverage from regions, competitive benchmarking, and company profiles of the full report.
This strategic document with well-arranged critical insights will help decision-makers answer key questions about the market.
Who stands to gain from this report?
- Lidar manufacturers
- Semiconductor manufacturers
What can they find in this report?
- Key trends impacting the lidar industry, along with the information on new technologies that lidar manufacturers are adopting.
- Information on how the demand for lidars is expected to shape over the next five years (2020-2025) across different regions and countries
- Detailed insights and information of key companies operational in this market, including their growth strategies, their strengths, and weaknesses, as well as how they compare against each other at a global, regional, and country levels
What is use of this report?
- Driving a successful growth strategy – Helps understand those markets where the demand for lidar is expected to rise
- Driving a successful product strategy – Helps understand products that must be targeted if service providers intend to capitalize on the lidar revolution
- Drive a successful competitive strategy – Helps understand which players are the competition and how they can collaborate with leading players across various regions to expand their footprint
Some key questions answered in this report are:
- § What are the underlying structures resulting in the emerging trends within the lidar market?
- § How are lidar manufacturers, automotive OEMs, regulatory bodies, and tier-1 manufacturers, among others entering the market?
- § What is the role of governments in the changing landscape of the lidar industry?
- § Which lidar technology is expected to be leading the smart tire market by 2025?
- § What was the market value of the leading regional markets, their segments, and sub-segments in 2019, and how is the market estimated to grow during the forecast period 2020-2025?
- § How is the industry expected to evolve during the forecast period 2020-2025?
- § What are the key developmental strategies that are implemented by the key players to sustain the competitive market?
- § What has been the impact of COVID-19 on the lidar market?
Request Sample Pages: https://bisresearch.com/requestsample?id=1006&type=download
This report is a compilation of research on more than 50 players in the lidar market. It draws upon the insights from in-depth interviews with key opinion leaders of more than 50 leading companies, market experts, and vendors.
The companies profiled in the report are Analog Photonics LLC, Beijing SureStar Technology Co. Ltd., Benewake (Beijing) Co., Ltd., Hexagon AB, Innoviz Technologies, LeddarTech Inc., Luminar Technologies Inc., Neptec Technologies, Phantom Intelligence, Quanergy Systems, Inc., Robosense, SICK AG, Trimble, Velodyne Lidar Inc., and YellowScan,
Related Reports:
About Us:
BIS Research is a global market intelligence, research and advisory company which focuses on those emerging trends in technology which are likely to disrupt the dynamics of the market over the next five (or ten) years.
With over 150 market intelligence reports published annually, BIS Research focuses on various technology verticals such as 3D printing, advanced materials & chemicals, aerospace and defense, automotive, healthcare, electronics & semiconductors, robotics & UAV and other emerging technologies.
