Airborne LiDAR Market

Global Airborne LiDAR Market Report Information by Type (Topographic & Bathymetric), by Platform (Fixed Wing Aircraft, Rotary Wing Aircraft & Unmanned Aerial Vehicles), by Solution (System (Hardware & Software) & Services), & Region – Forecast Till 2023

Airborne LiDAR Market Top Vendors:

Teledyne Technologies (U.S.), Leosphere SAS (France), FLIR Systems (U.S.), Faro Technologies Inc. (U.S.), Saab AB (Sweden), Firmatek (U.S.), RIEGL Laser Measurement Systems GmbH (Northeast Africa), 3D Laser Mapping (England), Leica Geosystems (Switzerland), Raymetrics S.A. (Greece), Quanergy Systems, Inc. (U.S.), are some of the top vendors shaping the worldwide airborne lidar market.

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Market Boosters and Top Restraints:

Airborne LiDAR primarily refers to an aircraft-mounted laser system used for measuring the 3D coordinates of the earth surface. It is a highly effective technology that helps collect surface data accurately. LiDAR systems offer 3D information about long linear objects like railway tracks, roads, coastal zone, power lines, and waterways. The technology, compared to optical sensors, have narrower swath and are highly effective when it comes to capturing information.

Airborne LiDAR systems find extensive use in flood modeling, forestry management & planning, pollution modeling, urban/city modeling, transport planning, cellular network planning, and coastline management. The latest trend in the industry is collection of higher point densities by flying slower and lower to the earth’s surface for collecting various data sets. Scientists are of the view that utilizing this method could enable the system to measure the surface with 520 or even close to 40 points per square meter. This technique is anticipated to offer accurate and precise mapping of an object and is widely utilized in topographic surveys in the worldwide accuracy of aerial LiDAR systems. This method has gained immense traction in recent years owing to the latest advancements in LiDAR sensors.

Various government organizations across the globe are investing heavily in airborne LiDAR industry systems for civil and defense engineering applications in order to elevate the accuracy of operations. This also helps reduce the risk factors involved during these operations. The 2017 fiscal year budget states that the U.S. military sector is expected to spend close to USD 4.61 billion on purchasing drones and is set to buy 31 unmanned aerial systems, which has benefitted the airborne LiDAR market. Use of airborne LiDAR systems in these projects along with extensive investments by government bodies in various industries could do wonders for the worldwide LiDAR market.

Market Segmentation:

The worldwide airborne lidar market has been classified with respect to type, platform and solution.

Type-based segments in the market are topographic LiDAR and bathymetric LiDAR (bathy LiDAR). Topographic is the most commonly used type of airborne LiDAR on account of strong demand for improved situational awareness as well as survey activities like cartography, meteorology and seismology.

Depending on platform, the market includes fixed-wing, unmanned aerial vehicles, and rotary wing. The considerable surge in general aviation combined with rising demand for cost-effective air travel could work in favor of the overall market, boosting the demand for all the types of platforms.

Solution-wise, the market is considered for systems and services. The types of solutions are hardware and software.

Regional Analysis:

South America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and North America are the main markets for airborne lidar across the globe.

There is a high possibility of North America achieving the top position in the worldwide airborne LiDAR market in the following years. The countries at the vanguard of the regional market are the United States (U.S.) and Canada. The extensive use of LiDAR systems in surveying and mapping applications coupled with the expanding base of LiDAR service providers favors the market in the region. The U.S. government makes massive investments and funds in airborne LiDAR for defense and civil engineering applications. It is anticipated that the U.S. military sector could be spending vast amount to buy unmanned aerial systems, which is expected to invigorate market growth in the years ahead.

Europe is presumed to be the second most lucrative market for airborne lidar during the appraisal period. The market will be driven by the prominence of various vendors combined with increasing investment in the airborne LiDAR technology. In addition, surge in the use of LiDAR in transportation and logistics activities are expected to proliferate the growth of the airborne LiDAR market in Europe.

Asia Pacific is an important growth engine of the worldwide airborne LiDAR market, backed by the fast track development of infrastructure. Soaring demand for surveying and mapping services also works in favor of the regional market. The region could reach greater heights in the coming years supported by the rising development of UAVs for strengthening their borders. South Korea, India, and China are the most profitable markets for airborne LiDAR in the region.

Table of Contents:

1 Executive Summary

2 Scope of The Report 

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis. . .

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