LiDAR Market Trends 2014 To 2020 by Grand View Research, Inc.

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LiDAR has proved as a preferred substitute to photogrammetry owing to its inherent characteristics such as improved automated processing ability and high accuracy. For More Information Visit - http://www.grandviewresearch.com/industry-analysis/lidar-light-detection-and-ranging-market

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  • LiDAR Market Analysis, Market Size, Application

    Analysis, Regional Outlook, Competitive Strategies And

    Forecasts, 2014 To 2020

    Growing demand for 3D imagery across several applications including civil

    engineering, military & defense, topographical surveys, and corridor mapping is

    expected to significantly drive the LiDAR market over the forecast period. A

    projected reduction in LiDAR prices is expected to play a pivotal role in market

    growth over the next six years. LiDAR has proved as a preferred substitute to

    photogrammetry owing to its inherent characteristics such as improved

    automated processing ability and high accuracy.

    For More Information on "LiDAR Market Research Reports" visit -

    http://www.grandviewresearch.com/industry-analysis/lidar-light-detection-

    and-ranging-market

  • 3D airborne imaging, hyperspectral imaging, and multisensor intelligence

    networks have been catalysts for the shift towards the systems. Increased

    emphasis on homeland security and growing environmental concerns are

    expected to fuel market growth over the forecast period.Growing need for

    critical mapping data and 3D imagery in government and defense sectors is

    expected to drive the market. Environmental applications such as fisheries

    monitoring, near-surface soil content, vegetation health, and wetlands

    remediation are expected to open up new market opportunities. Technological

    advancements in GPS and inertial navigation systems coupled with automation

    in LiDAR systems processing steps are expected to be a propellant force for

    market growth. Effective data use in new application areas such as coastal

    erosion, minefield mapping, and roadway corridor planning is expected to

    favorably impact LiDAR market.

  • North America and Europe are expected to emerge as key regional markets due

    to growing environmental concerns and high penetration of LiDAR devices

    across several applications such as military and transportation. Asia Pacific is

    expected to witness high growth on account of increased defense spending.

    Leading players in the LiDAR market have focused on new component

    development initiatives and establishment of wide distribution networks.

    Mergers & acquisitions and strategic partnerships are expected to play a pivotal

    role in business expansion. Key market participants include 3D Laser Mapping,

    AeroMetric, Airborne Hydrography, FARO Technologies, and Firmatek.

  • Browse All Reports of this category @

    http://www.grandviewresearch.com/industry/emerging-and-next-

    generation-technologies

    About Grand View Research

    Grand View Research, Inc. is a U.S. based market research and consulting

    company, registered in the State of California and headquartered in San

    Francisco. The company provides syndicated research reports, customized

    research reports, and consulting services. To help clients make informed

    business decisions, the company offers market intelligence studies ensuring

    relevant and fact-based research across a range of industries including

    technology, chemicals, materials, healthcare and energy.

    Contact: Sherry James

    Corporate Sales Specialist, U.S.A.

    Grand View Research, Inc.

    United States

    Phone: 1-415-349-0058

    Toll Free: 1-888-202-9519

    Email: sales@grandviewresearch.com

    Website: Grand View Research

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