News Contact Us

LiDAR in Mapping Market: Latest Opportunities and Forecast 2026

Author : Ronak Bora | Published Date : 2020-08-20 

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.

Over the past few years, LiDAR mapping technology has found immense application in the real estate, construction, O&G industry. Governments across the globe are using LiDAR in mapping technology to locate appropriate sites to place pipelines for oil and gas. Private companies are meanwhile leveraging LiDAR technology for safe and quick mapping of distant oil & gas fields. Citing an instance, in 2019, Terra Drone Brazil, an oil & gas inspection services provider in Brazil, conducted an aerial LiDAR mapping for the nation’s state-owned energy company, Petrobas.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/4461

The technology basically identified cracks, corrosion and surface welding defects in cargo and ballast tanks of fuel storage facilities. With this, company can undertake timely maintenance and ensuring business continuity. LiDAR in mapping technology is also used in urban planning and development of smart cities. Companies operating in the real-estate sector are deploying such solutions for ground surveying and to meet the high accuracy and precision requirements for the Digital Elevation Model (DEM).

It is vital to mention that LiDAR in mapping market primarily depends on resources like software, LiDAR equipment and skilled professionals. The total cost of resource deployed for a single project is significantly higher. Whereas data acquisition requires a considerable amount of time which evidently restrains its deployment on several infrastructure projects. All these factors could limit its market growth across the forecast period.

Some major findings of LiDAR in 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
  • 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
  • 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 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

LiDAR mapping systems are also gaining traction across countries like India, Japan and China for offering enhanced disaster management solutions. In May 2017, the government of Japan deployed LiDAR mapping systems to evaluate post-disaster damages caused due to Kumamoto earthquake in 2016. This collected data was used for developing strategies to efficiently distribute relief resources during such emergencies. Apart from this, LiDAR in mapping systems are used for geotagging of earthquake sensitive areas and to evaluate the effects of landslides caused by earthquakes.

Request for customization @ https://www.decresearch.com/roc/4461

Evidently, companies like Faro Technologies, Topcon, Fugro and Leica Geosystems are currently at the forefront of LiDAR in mapping market. They are focusing on launching low-cost LiDAR sensors to target the growing mapping markets across the globe. In fact, recently LeiShen Intelligent Systems introduced its new series of cost-effective LiDAR sensors, which targeted Chinese SMEs. Companies are also rolling out cutting edge LiDAR sensors and adopting business strategies to meet changing customer demands.

Table of Contents (ToC) of the report:

Chapter 5.   LiDAR in Mapping Market, By Platform

5.1. Key trends, by platform

5.2. Drones

5.2.1. Market estimates and forecast, 2015 – 2026

5.2.2.  Fixed-wing drones    Market estimates and forecast, 2015 – 2026

5.2.3. Single rotor drones    Market estimates and forecast, 2015 – 2026

5.2.4. Multi-rotor drones    Market estimates and forecast, 2015 – 2026

5.3. Terrestrial

5.3.1.  Market estimates and forecast, 2015 – 2026

5.3.2.   Mobile    Market estimates and forecast, 2015 – 2026

5.3.3. Stationary    Market estimates and forecast, 2015 – 2026

5.4. Airborne 

5.4.1.  Market estimates and forecast, 2015 – 2026

5.5.    Hand-heldand and backpack

5.5.1.  Market estimates and forecast, 2015 – 2026

Chapter 6.   LiDAR in Mapping Market, By Component

6.1. Key trends, by component

6.2. Hardware

6.2.1. Market estimates and forecast, 2015 – 2026

6.3. Software

6.3.1.  Market estimates and forecast, 2015 – 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/lidar-in-mapping-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

Related News

Histology Equipment Market Outlook 2026 Focus on Emerging Technologies & Regional Analysis

Published Date: 2020-09-18         Author: Ronak Bora

Titled ‘Global Histology Equipment Market Research Report’, the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The study is inclusive of a well-elaborated, extensive scrutiny of this industry alongside ... Read More

Incubator Device Market Outlook By Industry Statistics and Growth Forecast Analysis To 2026

Published Date: 2020-09-18         Author: Ronak Bora

A detailed research study by Global Market Insights, Inc. analyses the incubator device market based on competitive landscape, evolving technologies, current business trends, key industry players, growth pattern, and demand projections by the year 2026. The report also includes an in-depth analysis ... Read More

Kidney Function Tests Market To Observe Strong Development By 2026

Published Date: 2020-09-18         Author: Ronak Bora

This recently added report by Global Market Insights, Inc. on the Kidney Function Tests Market is a detailed analysis of the market sphere and provides details pertaining to Industry Tactics, Evolving Technologies, Key Companies, Growth Rate, Business Competitors, and Forecast by 2026. The report co... Read More

© 2020 Fractovia. All Rights Reserved