Dublin, Jan. 13, 2020 (GLOBE NEWSWIRE) -- The
"LiDAR Market By Range, By Application, By Region - Global Forecast up to 2025" report has been added to
The report predicts that the global LiDAR market will grow at a CAGR of more than 15% during the forecast period.
The market for LiDAR is determined by the increased interest among automakers to make it connected and autonomous driving capabilities. The LiDAR system is changing the collision detection and emergency braking systems as well. With a focus on safe driving and automated drive control, the adoption of LiDAR systems has increased among the automotive industry and auto suppliers.
This market research report includes a detailed segmentation of the global LiDAR market by range (short, medium, and long), by application (corridor mapping, engineering, environment, ADAS, and others), and by region (North America, Europe, Asia Pacific, Middle East Africa, and Latin America).
Competitive Analysis & Key Vendors
The report covers and analyzes the global LiDAR market. The key players in the LiDAR market are adopting various organic as well as inorganic growth strategies such as collaborations & partnerships, joint ventures, and few other strategies to be in a strong position in the market.
- Velodyne LiDAR
- Faro Technologies
- Leica Geosystems
These companies are striving in the market sphere by acquiring clients across regions to stay ahead in the competitive world. For instance, Trimble is focusing on transforming the engineering systems with improved tools and analytical systems.
There are few other vendors that have been studied based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.
LiDAR Market Segmentation By Range
The short-range segment majorly contributes to market growth. The long-range segment is expected to grow at the highest CAGR during the forecast period 2019-2025.
LiDAR Market Segmentation By Application
- Corridor Mapping
The ADAS segment is estimated to hold the largest market share in 2019, and this trend will continue during the forecast period 2019-2025.
The report provides an in-depth analysis of the global LiDAR market. LiDAR combines various technologies for improving, improvising, and offer better results for engineering in various industries such as agriculture, mining, and others. It analyzes multiple customer application areas, intelligent features, and automated controls in the LiDAR market. LiDAR is expected to offer a next-generation image detection system and majorly help the automotive OEMs to provide better connected and intelligent vehicles.
Key Topics Covered
1 Executive Summary
1.1 Synopsis of Key Findings
2 Industry Outlook
2.1 Industry Snapshot
2.1.1 Industry Overview
2.1.2 Industry Trends
3 Market Snapshot
3.1 Total Addressable Market
3.2 Segmented Addressable Market
3.2.1 PEST Analysis
3.2.2 Porter's Five Force Analysis
3.3 Related Markets (Connected Logistics, Autonomous Vehicle Cars)
4 Market Characteristics
4.1 Market Evolution (Laser, Distracted Driving, Traffic)
4.2 Market Trends and Impact
4.3 Market Segmentation
4.4 Market Dynamics
4.4.1 Market Drivers
4.4.2 Market Restraints
4.4.3 Market Opportunities
4.4.4 DRO - Impact Analysis
5 By Range - Market Size and Analysis
6 By Application - Market Size and Analysis
6.2 Corridor Mapping
7 By Geography - Market Size and Analysis
7.2 North America
7.5 Middle East Africa
7.6 Latin America
8 Competitive Landscape
8.1 Competitor Analysis
8.2 Product/Offerings Portfolio Analysis
8.3 Market Developments
8.3.1 Mergers & Acquisitions (M&A), Expansions, and Partnerships
8.3.2 Business Restructuring
8.3.3 Product Launches & Exhibitions
9 Vendor Profiles
9.2 Velodyne LiDAR
9.3 Faro Technologies
9.4 Leica Geosystems
9.6 Sick AG
9.8 Innoviz Technologies
9.9 Quantum Spatial
9.10 Reigl Laser Measurement Systems
For more information about this report visit https://www.researchandmarkets.com/r/4gollt
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