LiDAR or LADAR stands for ’Light Imaging, Detection, And Ranging’ or ’Light Detection And Ranging’. It is a surveying technique that calculates the distance to targeted objects by illuminating them using laser light. It is commonly used for making high-resolution maps and has several applications in geomatics, geodesy, archaeology, geology, and geography.
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LiDAR Market Analysis, Size, Growth, Share & Forecast to
2025 | Grand View Research Inc.
LiDAR or LADAR stands for ’Light Imaging, Detection, And Ranging’ or ’Light Detection And Ranging’. It is a
surveying technique that calculates the distance to targeted objects by illuminating them using laser light. It is
commonly used for making high-resolution maps and has several applications in geomatics, geodesy,
archaeology, geology, and geography.
This technology also finds use across geomorphology, forestry, seismology, laser guidance, atmospheric
physics, and laser altimetry. LiDAR technology uses ultraviolet (UV), visible, or near infrared light to picture
various objects. It can target an extensive range of materials; including rocks, clouds, rain, aerosols, chemical
compounds, non-metallic objects, and single molecules.
The LiDAR instrument mainly comprises of a scanner, a laser, and a specialized GPS receiver. With respect to
acquiring data over broad areas, helicopters and airplanes are the platforms commonly used. There are two
types – topographic (for mapping the land) and bathymetric (primarily used for measuring elevations in the
seafloor and riverbed).
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ranging-market
The market has seen growth on the global scale, owing to a rising demand for advanced mapping solutions
for the purpose of excavation and surveying activities. The major factors driving the global LiDAR
market are:
• Environmental mapping and automobile safety are two application segments which are good market
drivers. An increasing acceptance in the architectural and construction segment for monitoring & 3D-
modeling applications is also expected to boost the global market.
“LiDAR Market - A ‘Leader’ In Surveying Methods”
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• Maintenance and inspection of power lines is also expected to drive the market, as the LiDAR technology
helps in identifying issues with them through use of UAVs, which ensures timely assessment of the
problems.
• LiDAR finds an important usage in agriculture and forestry, as surveys through their use can help
determine the best ways to increase crop productivity, along with helping officials determine the impact
of human activities on forests. This again is a major factor driving growth of the market.
• LiDAR finds usage in mining applications, as it can determine material volumes in open pit mines, thus
cutting down on time, cost, as well as exposure to risks.
• Future transportation infrastructural plans can also be generated using LiDAR technology, as drones
can provide scans of different areas to assist city planners with the blueprint of mass transit systems.
With the developing and developed economies looking towards creating smart cities, the market is
expected to receive a huge boost.
Some of the major products to have come out in the past few years include HYPACK’s NEXUS 800 UAV,
which offers data acquisition solutions, LiDAR survey planning, post-processing, and analysis & product
creation; as well as the ‘Leddar’ system, developed by ‘LeddarTech’ for the automobiles industry.
The global market has some very important players such as:
• Velodyne LiDAR, Inc.
• Leica Geosystems Holdings AG
• Faro Technologies Inc.
• Trimble Navigation Limited, and
• RIEGL USA Inc.
Some of the most recent developments to have taken place in the market include:
• In October 2019, SAM, LLC. announced that it would be the first North American company to acquire
and deploy the RIEGL VQ-1560 II dual channel waveform processing airborne LiDAR scanning
system. The sensor would be installed in the 2019 Cessna Grand Caravan EX, the new fixed-wing aircraft
by SAM, thus enhancing its national aerial mapping capabilities. While the system was introduced in
September 2019, SAM is targeting the first quarter of 2020 for its deployment in the Cessna.
• In September 2019, VSI Labs, the autonomous vehicle research firm, took a three-member team on a
thousand-mile journey, from Minneapolis to Washington D.C. The adventure, known as the
‘Automated Drive East’, made use of the Trimble RTX, which is Trimble’s precise point positioning
(PPP) technology. The members departed for the journey in an automated 2018 Ford Fusion.
• In September 2019, Leica Geosystems announced a huge improvement in the efficiency of their
airborne urban mapping solution by introducing the Leica CityMapper-2, which provides efficient and
fast city digitization. The system is available in 2 configurations for standard and high-altitude flights,
in order to cater to customer needs as well as local flight regulations.
• In October 2018, Faro Technologies joined hands with STORMBEE®, which champions Mobile
UAV technology, to develop a cost-effective, integrated airborne 3D scanning solution for gathering data
from large areas for the purpose of crash scene documentation, security pre-planning and military
applications. The system comprises of FARO Focus laser scanner, STORMBEE S series UAV
and BEEFLEX software suite.
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