Growth of Lidar Market 2014 - 2020

Transparency Market Research

LiDAR Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date 07-Oct-2014

80 Page Report

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Light Detection and Ranging (LiDAR) Market to Reach USD 605.5 Million by 2020:Transparency Market Research

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LiDAR Market

REPORT DESCRIPTION

LiDAR Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 According to a new market report “LiDAR Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” published by Transparency Market Research, the global LiDAR market is forecast to reach USD 605.5 million by 2020. Some of the factors responsible for growth of LiDAR market are increasing demand for 3D imagery in consumer, commercial and government applications and comparative advantages of LiDAR technology over traditional mapping and surveying methods. Further, in the recent years, there has been a significant reduction in the price of LiDAR devices, which is further aiding the LiDAR growth. Browse the full LiDAR Market Report at http://www.transparencymarketresearch.com/lidarmarket.html Global LiDAR market was valued at USD 225 million in 2013. The market revenue is anticipated to grow at a CAGR of 15.3% from 2014 to 2020. The market is segmented by product types into airborne and terrestrial LiDAR systems. On the basis of application, the market is segmented into coastal, forestry, transportation, infrastructure, defense and aerospace, transmission lines, flood mapping and others (mining etc.). Airborne LiDAR segment dominated the market in 2013 whereas by application, coastal applications of LiDAR accounted for majority of the market share. Geographically, North America represented the largest market for...