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Global LiDAR Market to Grow at 19.2% CAGR by 2019

(IT-NEWSWIRE.COM, February 19, 2015 ) Dallas, TX -- LiDAR stands for Light Detection and Ranging. It is a technology to generate precise and spatial information about a particular object. The technology works on the principle of reflection where focused beam of light is emitted and then detected by the sensor after reflecting from the object and the time taken for the process is measured. This data is used to calculate the distances to objects and create a 3D map of any space. LiDAR is similar to RADAR with the difference being use of discrete pulses of laser light by LiDAR and radio waves by RADAR. The LiDAR technology uses lasers, sensors, GPS and INS as its major components.



Analysts forecast the Global LiDAR market to grow at a CAGR of 19.2 percent over the period 2013-2018.



Covered in this Report



Global LiDAR Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The market is segmented by applications and product type. The report covers the Americas, the APAC region and the EMEA region; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.



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Key Regions



Americas

APAC

EMEA



Key Vendors



3D Laser Mapping

Aerometric

Airborne Hydrography

Avent Lidar Technology

DigitalWorld Mapping



Other Prominent Vendors



Airborne Imaging

Faro Technologies

Firmatek

Leica Geosystems

Mosaic 3d

Optech

RIEGL Laser Measurement Systems

Trimble Navigation



Market Driver



Advances in Technology





Market Challenge



Low Consumer Awareness





Market Trend



Increasing Applications of Technology





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Key Questions Answered in this Report



What will the market size be in 2018 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?





RnR Market Research

Ritesh Tiwari

1 888 391 5441

sales@rnrmarketresearch.com

Source: EmailWire.Com

Source: EmailWire.com


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