Market Research Reports U.S. Airborne LiDAR Industry Trends & 2022 Foreca | Page 2

Description :
Aerial LiDAR system is a mapping technology that uses a laser beam to measure the distance from an aircraft to the earth ’ s surface by utilizing onboard GPS and inertial measurement unit ( IMU ) sensors to determine the geospatial location of terrestrial objects and their features with high precision .
In the U . S ., aerial LiDAR systems are widely used in forestry management & planning , flood modeling , urban / city modeling , pollution modeling , coastline management , transport planning , and cellular network planning . A recent trend to collect higher point densities by flying lower and slower to collect multiple data sets is widely adopted in the industry . Scientists reported that by utilizing this method , the system is able to measure the ground with 5 – 20 or even up to 40 points per square meter . This method is expected to provide accurate and precise mapping of the object and is widely employed for topographic surveys in the U . S . Accuracy of aerial LiDAR systems in the past few years has been enhanced due to the latest advancements in LiDAR sensors .
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2014-2022 .
Rise in the adoption rate of aerial LiDAR technology in the U . S . was observed owing to the growth of defense & aerospace and technological advancements in forestry & agriculture applications . In airborne applications , LiDAR technology provides exceptional advantages over RADAR technology such as improved accuracy , real-time mapping ability , and better visualization , which collectively drive the LiDAR market across U . S . Moreover , traditional specifications of aerial LiDAR systems are able to measure only one pulse per square meter point density ; however , advancement in the traditional aerial systems along with the multipulse technique in aerial LiDAR systems further supplements the growth of the market . However , various Federal Aviation Administration ( FAA ) regulations on drones restrain the growth of airborne LiDAR in the U . S .
U . S . Military Expenditure Compared to Other Countries , 2014 (%) Source : Center for Arms Control and Non-Proliferation
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In the year 2014 , U . S . accounted for approximately 87 % of the global military spending in Americas . Of the total U . S . military spending , technological upgradation holds a major share , which includes implementation of airborne LiDAR-based technology .
The market is segmented on the basis of component , application , and end user . Based on component , the market is segmented into lasers , inertial navigation systems , cameras , GPS / GNSS receivers , and Microelectromechanical systems . Based on application , the market
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