The Report “Asia-Pacific LiDAR Market by Product Type (Airborne LiDAR, Terrestrial LiDAR, Mobile LiDAR, Short Range LiDAR), by Application, by Geography - Analysis and Forecast to 2019”, is estimated to reach $235.2 million by 2019, growing at a CAGR of 38.2% from 2014 to 2019.
Browse through the TOC of the Asia-Pacific LiDAR Market for an analysis of industry trends and segments, with the help of various tables and figures.
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LiDAR is one of the most advanced and accurate methods among the commercially available digital mapping techniques, currently. Due to the numerous advantages offered by LiDAR systems over the traditional and conventional mapping techniques, these systems are being extensively deployed in applications such as topography surveys, volumetric mapping, military & defense, aerospace, and so on. The major countries contributing towards the LiDAR market in the Asia-Pacific region are China, Japan, India, South Korea, and Taiwan. Currently, China is the largest contributor to the Asia-Pacific LiDAR market, and is expected to grow at a CAGR of 46.9% during the given forecast period.
On the basis of product types, the market has been segmented into airborne LiDAR, terrestrial LiDAR, mobile LiDAR, and short range LiDAR. The short range LiDAR segment is the fastest-growing type of LiDAR systems, among almost all the application verticals in the APAC LiDAR market. It is expected that the demand for the mobile LiDAR type will increase significantly in the coming years due to the convenience and user experience that these systems offer. Thus, many companies are in pursuit to harness this potential in the mobile LiDAR segment. Mobile LiDAR systems are similar to the general terrestrial LiDAR, except for the fact that it is mounted on a mobile platform, preferably a terrestrial vehicle. The advantage of being mounted on vehicle enables the LiDAR to scan large areas accessible by road. It can be used for the following applications: transportation design, asset management, utility transmission lines, vegetation encroachment, construction management, and harbor and shoreline mapping. In the Asia-Pacific LiDAR market, the mobile LiDAR segment is the fastest-growing product type, followed by the airborne LiDAR segment, which is expected to grow at a CAGR of 34.2% during the forecast period of 2014 to 2019.
The report also provides detailed insights into the competitive landscape of the market, along with the strategic profiles of the key players operating in the Asia-Pacific LiDAR market. Furthermore, the market dynamic factors, such as drivers, restraints, and opportunities, have also been described comprehensively in this research report.
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