LiDAR in Mapping Market outlook, Future Scope, Demands and Projected Industry Growths to 2026

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A new report on LiDAR in Mapping market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of LiDAR in Mapping market in tandem with its competitive terrain.

Some major findings of LiDAR in the mapping market report include:

- The market growth is attributed to the growing demand for improved urban planning due to the rising urban population and the development of smart cities

LiDAR in mapping market is expected to exceed USD 4 billion by 2026. The rising demand to reduce the risks associated with natural disasters such as floods, volcanic eruptions, and earthquakes is supporting the demand for LiDAR in mapping solutions.

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- Companies operating in the real-estate sector are increasingly deploying LiDAR mapping technology for ground surveying due to the requirements of high accuracy and precision for the Digital Elevation Model (DEM)

- Leading players operating in the market are Fugro, Faro Technologies, Topcon, and Leica Geosystems

- The increase in the demand for modern surveying techniques for oil & gas field inspection and archaeological surveys to ensure hazard-free operation is proliferating the adoption of LiDAR mapping tools across the Latin America

- The drone mapping platform is expected to grow at a significant growth rate due to their ability to operate in difficult terrains and extreme weather conditions

The market growth is attributed to the increase in government efforts to identify new sources of energy. Government authorities are using LiDAR in mapping technology to locate suitable locations to place pipelines for the oil & gas industry. The private companies are also utilizing LiDAR technology for quick & safe mapping of distant oil & gas fields. For instance, in July 2019, the Brazilian oil & gas inspection services provider, Terra Drone Brazil carried out an extensive aerial LiDAR mapping for Brazil’s state-owned energy company, Petrobas. This LiDAR mapping identified the corrosion, cracks, and surface welding defects in cargo & ballast tanks of fuel storage facilities. This helped in the timely maintenance and business continuity for Petrobas.

Major Highlights from Table of contents are listed below for quick lookup into LiDAR in Mapping Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of LiDAR in Mapping Market
  • Product trends
  • Application trends

Chapter 3. LiDAR in Mapping Industry Insights

  • LiDAR in Mapping Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the LiDAR in Mapping industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • LiDAR in Mapping Market Technology & innovation landscape
  • Industry impact forces
  • LiDAR in Mapping Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of LiDAR in Mapping Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in LiDAR in Mapping Market
  • SWOT Analysis

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