Skip to main content

Global Lidar Market Is Anticipated to Reach $2,181.6 Million by The End of 2025

 According to a new market intelligence report by BIS Research titled ‘Lidar Market - A Global and Regional Analysis, 2020-2025’, the Lidar Market, which was valued at $1,103.0 Million in 2020 and is anticipated to reach $2,181.6 Million by the end of 2025, growing at a CAGR of 15.42% during the forecast period 2020-2025.

BIS Research Report: https://bisresearch.com/industry-report/lidar-market.html

Mechanical lidars are one of the earliest lidars and are currently fully developed and in full production. As these types of lidars are being used since the beginning, they have achieved a trust amongst the customers and therefore hold the maximum market share in the lidar market.

Request for Sample Report:  https://bisresearch.com/requestsample?id=1006&type=download

Ground-based lidars currently hold the lion share of the lidar market, since they provide scans with high precision and spatial resolution. Furthermore, the integration of 3D geometry from lidars and material properties from hyperspectral imaging produce new fusion products that adds vivid information and thereby aid the terrestrial lidars to dominate the lidar market.

Applications such as architecture and archeology, agriculture, forestry and environment, and atmosphere heavily rely on long-range lidars for accurate data, thereby pushing the long range lidars to generate the highest demand in the global lidar market.

Key Questions Answered by This Report:

§  What are the underlying structures resulting in the emerging trends within the lidar market?

§  How are lidar manufacturers, automotive original equipment manufacturers (OEMs), regulatory bodies, and tier-1 manufacturers, among others, entering the market?

§  What is the role of governments regarding the changing landscape of the lidar industry?

§  Which lidar technology is expected to lead the lidar market by 2025?

§  What was the market value of the leading regional markets, their segments and sub-segments in 2019, and how is the market estimated to grow during the forecast period 2020-2025?

§  How is the industry expected to evolve during the forecast period 2020-2025?

§  What are the key developmental strategies that are implemented by the key players to sustain the competitive market?

§  What has been the impact of COVID-19 on the lidar market?

Labels:

Comments

Post a Comment

Popular posts from this blog

PP Compound Market for Automotive Industry Open Up New Revenue Opportunities

  The global PP compound market for automotive industry is expected to reach $17,324.8 million by 2031, with a CAGR of 5.6% during the forecast period 2021-2031. The growth in the market is expected to be driven mainly by the need to reduce the weight of vehicles and demand for cheaper products that can be used in automotive parts. Impact of COVID-19 on the Global Polypropylene (PP) Compound Market for Automotive Industry Due to the COVID–19 pandemic, the PP compound market was severely impacted like many other industries. Automotive production in 2020 saw a decline of almost 16% due to the impact of COVID-19. In order to control the spread of the virus, the majority of the countries around the globe imposed stay-at-home orders, which led to the shutting of many manufacturing plants. As the production of vehicles declined, the demand for PP compounds suffered negatively in the year 2020. Market Segmentation Global Polypropylene (PP) Compound Market for Automotive Industry by Applicatio
Post a Comment
Read more

Growing Focus on Patient-Centered Healthcare led to Rise in Urgent Care Apps Market

Urgent care apps are intended to serve patients seeking urgent care by connecting them to a relevant specialist and facilitating further courses of action such as diagnosis, treatment, and monitoring.   Treatment can be offered remotely via text/audio/video calls, or help can be arranged to usher the patient to the nearest hospital. The widespread adoption of smartphones and increased demand for urgent and convenient access to care will be crucial to the market’s growth.  The global urgent care apps market was valued at $973.6 million in 2020 and is anticipated to grow to $10,150.5 million by the end of 2030 at a projected CAGR of 26.32% during the forecast period 2021-2030.   The aforementioned growth is based on the realistic forecast, which is the most likely growth scenario based on current market conditions. This scenario assumes that there will be no visible impact of COVID-19 beyond 2030. The changes in the market during that timeline can build upon the developments of
Post a Comment
Read more

Neoantigen Cancer Vaccine Market Technology Developments and Future Growth

  Looking at the recent oncology care trends, the World Heart Foundation estimates the global cancer treatment expenditure to reach $XX billion in the year 2031.   The increase in overall burden provides an opportunity for several companies to step in and introduce their innovative products in the market. The emergence of the neoantigen cancer vaccine can be considered as an evident example of emerging oncology care that can possibly prevail over the existing hurdles of treatment un-specificity and safety benchmarks. The global neoantigen cancer vaccine industry analysis by BIS Research projects the market to grow at a significant CAGR of 77.73% during the forecast period 2024-2031. The  neoantigen cancer vaccine market  is expected to generate $35.5 million in revenue in 2024, owing to the expected launch of the first neoantigen vaccine, DC vaccine in the market. The neoantigen cancer vaccine market growth has been primarily attributed to major drivers in this market, such as rising p
Post a Comment
Read more