The technologies in LiDAR market have undergone significant change in recent years, with low frequency short range radar system to high frequency long range LiDAR system. The rising wave of new technologies, such as medium and long range LiDAR are creating significant potential in various automotive applications, and driving the demand for LiDAR technologies.
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In LiDAR market, various technologies, such as short range, medium range, and long range LiDAR are used in various applications. Increasing use of drone equipped with LiDAR for greater accuracy, growing demand for the 3D imaging technology, and encouragement from the government and institutes for adoption of LiDAR in engineering projects are creating new opportunities for various LiDAR technologies.
Lucintel, a leading global management consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in LiDAR market and has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the LiDAR Market 2019-2024”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in LiDAR market.
Lucintel study finds that LiDAR market is forecast to grow at 15% during next five years. Medium range technology is largest segment of this market and is growing at above average growth. Teledyne Optech, Leica Geosystem, Rieg Laser Measurement System, Trimble, Faro Technologies, Quantum Spatial (Aerometric), Beijing Surestar Technology (Isurestar), Velodyne Lidar, Geokno, and Sick AG are among the major technology providers in the LiDAR market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the LiDAR market by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type
Trends and Forecasts by Installation Technology [$M shipment analysis from 2013 to 2024]:
• Short range LiDAR
• Medium range LiDAR
• Long range LiDAR
Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
• Corridor Mapping
o Short range LiDAR
o Medium range LiDAR
o Long range LiDAR
• Engineering
o Short range LiDAR
o Medium range LiDAR
o Long range LiDAR
• Environment
o Short range LiDAR
o Medium range LiDAR
o Long range LiDAR
• ADAS and Driverless
o Short range LiDAR
o Medium range LiDAR
o Long range LiDAR
• Exploration
o Short range LiDAR
o Medium range LiDAR
o Long range LiDAR
• Others
o Short range LiDAR
o Medium range LiDAR
o Long range LiDAR
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– United Kingdom
– Germany
– France
• Asia Pacific
– Japan
– China
– South Korea
– India
• The Rest of the World

Latest Developments and Innovations in the LiDAR Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type
This more than 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.