LiDAR Market: 39% of Growth to Originate from North America, Evolving Opportunities with FARO Technologies Inc. & GeoSLAM Ltd - Technavio

NEW YORK , July 20, 2022 /PRNewswire/ -- The "LiDAR Market - Competitive Analysis, Impact of COVID-19, Five Force Analysis" report has been added to Technavio's offering. The LiDAR market size is estimated to grow by USD 1.57 million, growing at a CAGR of  15.2% from 2020 to 2025. 39% of the market's growth will originate from North America during the forecast period. The US is the key market for LiDAR market in North America. Market growth in this region will be faster than the growth of the market in other regions. The increasing application areas of LiDAR will facilitate the lidar market growth in North America over the forecast period.

For more highlights on the regional segment - Request a sample now!

LiDAR Market - Market Dynamics

• Drivers: Factors such as expanding application areas of lidar technology, and increased adoption of lidar in automotive applications will be crucial in driving the growth of the market.
• Challenges: The high cost of lidar sensors will restrict the market growth.
• For detailed information on the market dynamics - Click Now!

LiDAR Market - Company Profiles

The LiDAR market is fragmented and the vendors are deploying growth strategies such as technological mergers & developing technologically enhanced LiDAR solutions at a lower cost, and geographical expansion through collaborations and acquisitions to compete in the market. Some of the companies covered in this report are FARO Technologies Inc., GeoSLAM Ltd., Hexagon AB, LeddarTech Inc., Quanergy Systems Inc., Robert Bosch GmbH, SICK AG, Teledyne Technologies Inc., Trimble Inc., and Velodyne Lidar Inc., etc.

• FARO Technologies Inc. - The company offers LiDAR solutions for construction and public safety applications.
• GeoSLAM Ltd. - The company offers ZEB Horizon which is a LiDAR solution for a range of 100 meters.
• Hexagon AB - The company offers LiDAR solutions through its subsidiary Leica Geosystems AG.
• LeddarTech Inc. - The company offers cost-effective, scalable, and versatile LiDAR development solutions to Tier-1 and 2 automotive suppliers and system integrators.
• Trimble Inc. - LiDAR solutions offered by the company include Terimble X7 scanners, Trimble TX8, Trimble TX6, Trimble SX10.
• To know about all major vendor offerings - Grab a sample now!

LiDAR Market  - Segmentation Analysis

• By Product, the market is classified into airborne LiDAR and terrestrial LiDAR.
• By Application,  the market is classified into corridor mapping, engineering, ADAS, driverless cars, environment, and others.
• By Geography, the market is classified as North America, Europe, APAC, MEA, South America, North America, Europe, APAC, MEA, and South America. 

To know about the contribution of each segment - Request a sample!

Get ready to achieve excellent business outcomes from this exclusive LiDAR Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

• What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
• What is the current trend taking place in the market space?
• Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
• What are market drivers, restraints, and challenges impacting demand & growth of the market?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the LiDAR Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don't wait, Make a strategic approach & boost your business goals with our LiDAR Market Forecast Report -  Buy Now!

Related Reports:

• The wireless LAN controller market share is expected to increase to USD 629.87 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.21%.
• The optical interconnect market share is expected to increase to USD 9.66 billion from 2021 to 2026, at a CAGR of 13.67%.

Table of Content

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis
• Exhibit 03: Value chain for electronic equipment and instruments

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces analysis
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry

• 4.7 Market condition
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 15: Product - Market share 2020-2025 (%)

• 5.2 Comparison by Product
• Exhibit 16: Comparison by Product

• 5.3 Airborne LiDAR - Market size and forecast 2020-2025
• Exhibit 17: Airborne LiDAR - Market size and forecast 2020-2025 ($ million)
• Exhibit 18: Airborne LiDAR - Year-over-year growth 2020-2025 (%)

• 5.4 Terrestrial LiDAR - Market size and forecast 2020-2025
• Exhibit 19: Terrestrial LiDAR - Market size and forecast 2020-2025 ($ million)
• Exhibit 20: Terrestrial LiDAR - Year-over-year growth 2020-2025 (%)

• 5.5 Market opportunity by Product
• Exhibit 21: Market opportunity by Product

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 22: Application - Market share 2020-2025 (%)

• 6.2 Comparison by Application
• Exhibit 23: Comparison by Application

• 6.3 Corridor mapping - Market size and forecast 2020-2025
• Exhibit 24: Corridor mapping - Market size and forecast 2020-2025 ($ million)
• Exhibit 25: Corridor mapping - Year-over-year growth 2020-2025 (%)

• 6.4 Engineering - Market size and forecast 2020-2025
• Exhibit 26: Engineering - Market size and forecast 2020-2025 ($ million)
• Exhibit 27: Engineering - Year-over-year growth 2020-2025 (%)

• 6.5 ADAS and driverless cars - Market size and forecast 2020-2025
• Exhibit 28: ADAS and driverless cars - Market size and forecast 2020-2025 ($ million)
• Exhibit 29: ADAS and driverless cars - Year-over-year growth 2020-2025 (%)

• 6.6 Environment - Market size and forecast 2020-2025
• Exhibit 30: Environment - Market size and forecast 2020-2025 ($ million)
• Exhibit 31: Environment - Year-over-year growth 2020-2025 (%)

• 6.7 Others - Market size and forecast 2020-2025
• Exhibit 32: Others - Market size and forecast 2020-2025 ($ million)
• Exhibit 33: Others - Year-over-year growth 2020-2025 (%)

• 6.8 Market opportunity by Application
• Exhibit 34: Market opportunity by Application

7 Customer landscape

8 Geographic Landscape

• 8.1 Geographic segmentation
• Exhibit 36: Market share by geography 2020-2025 (%)

• 8.2 Geographic comparison
• Exhibit 37: Geographic comparison

• 8.3 North America - Market size and forecast 2020-2025
• Exhibit 38: North America - Market size and forecast 2020-2025 ($ million)
• Exhibit 39: North America - Year-over-year growth 2020-2025 (%)

• 8.4 Europe - Market size and forecast 2020-2025
• Exhibit 40: Europe - Market size and forecast 2020-2025 ($ million)
• Exhibit 41: Europe - Year-over-year growth 2020-2025 (%)

• 8.5 APAC - Market size and forecast 2020-2025
• Exhibit 42: APAC - Market size and forecast 2020-2025 ($ million)
• Exhibit 43: APAC - Year-over-year growth 2020-2025 (%)

• 8.6 MEA - Market size and forecast 2020-2025
• Exhibit 44: MEA - Market size and forecast 2020-2025 ($ million)
• Exhibit 45: MEA - Year-over-year growth 2020-2025 (%)

• 8.7 South America - Market size and forecast 2020-2025
• Exhibit 46: South America - Market size and forecast 2020-2025 ($ million)
• Exhibit 47: South America - Year-over-year growth 2020-2025 (%)

• 8.8 Key leading countries
• Exhibit 48: Key leading countries

• 8.9 Market opportunity by geography

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges
• Exhibit 50: Impact of drivers and challenges

• 9.3 Market trends

10 Vendor Landscape

• 10.1 Vendor landscape
• Exhibit 51: Vendor landscape

• 10.2 Landscape disruption
• Exhibit 52: Landscape disruption

• 10.3 Industry risks
• Exhibit 53: Industry risks

• 10.4 Competitive scenario

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 54: Vendors covered

• 11.2 Market positioning of vendors
• Exhibit 55: Market positioning of vendors

• 11.3 FARO Technologies Inc.
• Exhibit 56: FARO Technologies Inc. - Overview
• Exhibit 57: FARO Technologies Inc. - Business segments
• Exhibit 58: FARO Technologies Inc. - Key news
• Exhibit 59: FARO Technologies Inc. - Key offerings
• Exhibit 60: FARO Technologies Inc. - Segment focus

• 11.4 GeoSLAM Ltd.
• Exhibit 61: GeoSLAM Ltd. - Overview
• Exhibit 62: GeoSLAM Ltd. - Product and service
• Exhibit 63: GeoSLAM Ltd. - Key offerings

• 11.5 Hexagon AB
• Exhibit 64: Hexagon AB - Overview
• Exhibit 65: Hexagon AB - Business segments
• Exhibit 66: Hexagon AB - Key news
• Exhibit 67: Hexagon AB - Key offerings
• Exhibit 68: Hexagon AB - Segment focus

• 11.6 LeddarTech Inc.
• Exhibit 69: LeddarTech Inc. - Overview
• Exhibit 70: LeddarTech Inc. - Product and service
• Exhibit 71: LeddarTech Inc. - Key news
• Exhibit 72: LeddarTech Inc. - Key offerings

• 11.7 Quanergy Systems Inc.
• Exhibit 73: Quanergy Systems Inc. - Overview
• Exhibit 74: Quanergy Systems Inc. - Product and service
• Exhibit 75: Quanergy Systems Inc. - Key offerings

• 11.8 Robert Bosch GmbH
• Exhibit 76: Robert Bosch GmbH - Overview
• Exhibit 77: Robert Bosch GmbH - Business segments
• Exhibit 78: Robert Bosch GmbH - Key news
• Exhibit 79: Robert Bosch GmbH - Key offerings
• Exhibit 80: Robert Bosch GmbH - Segment focus

• 11.9 SICK AG
• Exhibit 81: SICK AG - Overview
• Exhibit 82: SICK AG - Business segments
• Exhibit 83: SICK AG - Key news
• Exhibit 84: SICK AG - Key offerings
• Exhibit 85: SICK AG - Segment focus

• 11.10 Teledyne Technologies Inc.
• Exhibit 86: Teledyne Technologies Inc. - Overview
• Exhibit 87: Teledyne Technologies Inc. - Business segments
• Exhibit 88: Teledyne Technologies Inc. - Key news
• Exhibit 89: Teledyne Technologies Inc. - Key offerings
• Exhibit 90: Teledyne Technologies Inc. - Segment focus

• 11.11 Trimble Inc.
• Exhibit 91: Trimble Inc. - Overview
• Exhibit 92: Trimble Inc. - Business segments
• Exhibit 93: Trimble Inc. - Key news
• Exhibit 94: Trimble Inc. - Key offerings
• Exhibit 95: Trimble Inc. - Segment focus

• 11.12 Velodyne Lidar Inc.
• Exhibit 96: Velodyne Lidar Inc. - Overview
• Exhibit 97: Velodyne Lidar Inc. - Product and service
• Exhibit 98: Velodyne Lidar Inc. - Key news
• Exhibit 99: Velodyne Lidar Inc. - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Currency conversion rates for US$
• Exhibit 100: Currency conversion rates for US$

• 12.3 Research methodology
• Exhibit 101: Research Methodology
• Exhibit 102: Validation techniques employed for market sizing
• Exhibit 103: Information sources

• 12.4 List of abbreviations
• Exhibit 104: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/lidar-market-39-of-growth-to-originate-from-north-america-evolving-opportunities-with-faro-technologies-inc--geoslam-ltd---technavio-301589012.html

SOURCE Technavio

[ Back To TMCnet.com's Homepage ]