Lucintel’s latest market report analyzed that lidar provides attractive opportunities in the corridor mapping, engineering, environment, ADAS & driverless car and other applications. The lidar market is expected to grow with a CAGR of 17%. In this market, solid-state LiDAR is the largest segment by LiDAR type, whereas ADAS and driverless are largest by application.
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Based on LiDAR type, the lidar market is segmented into mechanical LiDAR and solid-state LiDAR. The solid-state LiDAR segment accounted for the largest share of the market in 2020.
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The lidar market is marked by the presence of several big and small players. Some of the prominent players offering lidar include Teledyne Optech, Leica Geosystems, Riegl Laser Measurement Systems, Trimble, Faro Technologies, Quantum Spatial (Aerometric), Beijing Surestar Technology (Isurestar), Velodyne LiDAR, Geokno and Sick AGare.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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