Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

LiDAR Industry worth $3.7 billion in 2028 at a CAGR of 19.4%

(IT-NEWSWIRE.COM, January 20, 2023 ) The LiDAR Market is projected to grow from USD 1.4 billion in 2023 to USD 3.7 billion in 2028; it is expected to grow at a CAGR of 19.4% from 2023 to 2028. Rising use of LiDAR in geographical information system (GIS) application and emergence of 4D LiDAR, is driving the growth of the market; It is expected that the 4D LiDAR technology would gain importance in autonomous vehicles, machine vision, and factory automation. Increasing investments in LiDAR startups by automotive giants is expected to create opportunities for the market.



Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1261



LiDAR is used in a wide range of applications, such as corridor mapping, environment, engineering, exploration, urban planning, advanced driver-assistance systems (ADAS), and driverless cars, cartography, meteorology. The use of LiDAR for the above applications offers high accuracy, fast acquisition and processing, low human dependency, canopy penetration, and high data density.



The market is segmented into installation types of LiDAR, range, LiDAR type, component, services, and end-use application. Further, the services are segmented into aerial surveying, asset management, GIS services, ground-based surveying, and other services. Leica Geosystems AG(Sweden), Trimble, Inc. (US), Teledyne Optech (Canada), FARO Technologies, Inc. (US), RIEGL Laser Measurement Systems GmbH (Austria), SICK AG (Germany), Quantum Spatial (US), Beijing SureStar Technology Co. Ltd. (China) are some of the major manufacturers of LiDAR systems.



LiDAR market for environment end-use application is expected to contribute highest and ADAS & driverless cars are expected to grow with the highest growth rate in the LiDAR market. North America is expected to contribute highest in the LiDAR market. The growth in North America is mainly attributed to the government mandates for the use of LiDAR in automobiles and drones and the availability of LiDAR data collected by national institutes for mapping, environmental, and engineering, among other applications.



News Also Covered: https://www.prnewswire.com/news-releases/lidar-market-worth-3-7-billion-in-2028---exclusive-report-by-marketsandmarkets-301724545.html



Related Reports:



LiDAR Drone Market by LiDAR Type (Topographic, Bathymetric), By Component (LiDAR Lasers, UAV Cameras), Drone Type (Rotary-wing, Fixed-wing), Range (Short-range, Medium-range, Long-range), Application, Region - Global Forecast to 2027



Time-of-Flight Sensor Market by Resolution (QQVGA, HQVGA, QVGA, & VGA), Application (Augmented Reality & Virtual Reality, LIDAR, Machine Vision, 3D Imaging & Scanning, and Robotics & Drone), Product Type, Vertical and Geography - Global Forecast to 2025



Automotive Artificial Intelligence Market by Offering, Technology (Deep Learning, Machine Learning, Computer Vision, Context-aware Computing and Natural Language Processing), Process, Application, Component and Region - Global Forecast to 2027



3D Sensor Market by Type (Image Sensors, Position Sensors), Technology (Time of Flight, Structured Light), End-use Industry (Consumer Electronics, Industrial Robotics, Automotive), and Region (2021-2026)





About MarketsandMarkets™



MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.



The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com


Sponsored Links

EmailWire Business Directory
EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks


Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.
    WebSiteBuilder.GroupWeb.Com

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on GroupWeb.com.

    Emailwire.com/contact.php

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    GroupWeb.com - a Technology News and Resource of GroupWeb Media LLC