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.
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LiDAR Market - Market Dynamics
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.
LiDAR Market - Segmentation Analysis
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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 -
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!
Table of Content
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Application
7 Customer landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
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