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Airborne LiDAR Market |FARO Technologies Inc., GeoSLAM Ltd., Hexagon AB, among others to Contribute to the Market growthNEW YORK, Sept. 15, 2021 /PRNewswire/ -- The LiDAR market is set to grow by $ 1.57 bn, progressing at a CAGR of over 15.20% during 2021-2025. The LiDAR market vendors should focus on grabbing business opportunities from the airborne LiDAR segment as it accounted for the largest market share in the base year. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Receive Latest Free Sample Report in Minutes Factors such as expanding application areas of LiDAR technology, and growing demand for LiDAR solutions from wind powerplants will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The LiDAR market is fragmented, and the degree of fragmentation will accelerate during the forecast period. LiDAR Market 2021-2025: Segmentation LiDAR Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample https://www.technavio.com/talk-to-us?report=IRTNTR46650 LiDAR Market 2021-2025: Vendor Analysis and Scope Some of the major vendors of the LiDAR market in the Electronic Equipment & Instruments industry include 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. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. The report also covers the following areas:
Market trend such as increased adoption of LiDAR in automotive applications is likely to emerge as one of the primary drivers of the market. However, factors such as the high cost of LiDAR sensors may threaten the growth of the market. Register for a free trial today and gain instant access to 17,000+ market research reports. Backed with competitive intelligence and benchmarking, our research reports on the lidar market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support. Flexible Electronics Market -The flexible electronics market has the potential to grow by USD 15.16 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 8.54%. Download a free sample now! Field-Programmable Gate Array Market -The field-programmable gate array (FPGA) market has the potential to grow by USD 1.84 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 6.10%. Download a free sample now! LiDAR Market 2021-2025: Key Highlights
Table of Contents: Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Customer landscape Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Technavio's in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal. Receive Latest Free Sample Report in Minutes 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 View original content to download multimedia:https://www.prnewswire.com/news-releases/airborne-lidar-market-faro-technologies-inc-geoslam-ltd-hexagon-ab-among-others-to-contribute-to-the-market-growth-301376913.html SOURCE Technavio |