Market Research Reports : Hexa Research LiDAR Market Analysis and Forecasts to 2024

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future LiDAR Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research Global LiDAR market was worth USD 260 million in 2015. It is estimated to grow at a CAGR of 12% from 2016 to 2024 (forecast period). Rising demand for 3D imaging technology in a variety of applications is an important market driver. The adoption of aerial systems for detection and exploration of historic details is increasing. Vendors are in the process of introducing several novel products in this space. These factors are propelling market growth. However, LiDAR system’s components like laser scanner, navigation systems, high resolution 3D cameras, etc. are expensive. This coupled with poor consumer awareness may hamper its future prospects. The market is segmented as per applications, products, components, and regions. Applications are divided into civil engineering, government, topographical surveys, corridor Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/