The latest research study “Airborne LiDAR Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global airborne LiDAR market reached a value of US$ 612.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,412.32 Million by 2027, exhibiting a CAGR of 14.30% during 2022-2027.
Airborne light detection and ranging (LiDAR) represents an aerial mapping technology that aids in obtaining three-dimensional (3D) data about the surface of the earth. In line with this, it helps in mapping large areas affordably in a short time with precise measurement. Consequently, airborne LiDAR finds wide-ranging applications in electrical utility, vehicles, pipeline, mining and aggregate, wind and solar power systems, precision farming, urban planning, rail corridors, land and resource management, floodplain evaluation, volumetrics, 3D modeling, etc., across the countries.
Download free sample brochure: https://www.imarcgroup.com/airborne-lidar-market/requestsample
Covid-19 Impact:
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends and Drivers:
The widespread adoption of this technology in forest management, pollution model and planning is primarily driving the airborne LiDAR market. Additionally, the growing utilization of unmanned aerial vehicles (UAVs) and 3D imaging in railway and highway construction is further catalyzing the market growth. Besides this, government bodies are extensively investing in airborne LiDAR to enhance the accuracy of operations and decrease the risks involved in the defense industry, which is acting as another significant growth-inducing factor. Moreover, the leading manufacturers are focusing on mergers and acquisitions (M&A), agreements, portfolio expansion, geographical development, and collaborations to increase their overall profitability. This, in turn, is positively influencing the global market. Furthermore, the escalating demand for miniaturized micro-electro-mechanical systems (MEMS) sensors in mobile phones, inkjet printers, computer disk drive heads, etc., is anticipated to fuel the airborne LiDAR market over the forecasted period.
Click here to view detailed information with table of content: https://www.imarcgroup.com/airborne-lidar-market
Airborne LiDAR Market Report Scope
Report Coverage
Details
Market size value in 2021
US$ 612.5 Million
Market forecast in 2027
US$ 1,412.32 Million
Growth Rate
CAGR of 14.30% from 2022 to 2027
Base year for estimation
2021
Historical data
2016-2021
Forecast period
2022-2027
Global Airborne LiDAR Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key Market Segmentation:
The report has segmented the market on the basis of region, type, component, platform, application and end user.
Breakup by Type:
Breakup by Component:
Breakup by Platform:
Breakup by Application:
Breakup by End User:
Breakup by Region:
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5692&flag=C
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Browse Other Reports:
Construction Lasers Market Report: https://bit.ly/3JuK0S5
X-Ray Detector Market Report: https://bit.ly/3bgl58h
Selective Laser Sintering Market Report: https://bit.ly/3SojBJi
Gate Driver IC Market Report: https://bit.ly/3y1H1fv
Variable Frequency Drives Market Report: https://bit.ly/3RnzrCL
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Media ContactCompany Name: IMARC GroupContact Person: Elena AndersonEmail: Send EmailPhone: +1-631-791-1145Address:30 N Gould St Ste R City: SheridanState: WYCountry: United StatesWebsite: https://www.imarcgroup.com