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LiDAR in Construction Market Share

Report ID: GMI5336
Published Date: Sep 2022
Report Format: PDF

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LiDAR in Construction Market Share

Major key players operating in the LiDAR in construction market include

Cepton
Beijing SureStar Technology Co. Ltd.
Continental AG
Firmatek
FARO Technologies, Inc.
Genesys International Corporation Limited
GeoSLAM
Geokno
Hexagon AB (Leica Geosystem)
Outster Inc.
NV5 Inc. (Quantum Spatial)
Phoenix LiDAR Systems
Redtail LiDAR
Quanergy Systems, Inc.
RIEGL Laser Measurement Systems GmbH
Teledyne Technologies (Teledyne Optech)
Sick AG
Topcon Positioning Systems, Inc.
Velodyne Lidar
Trimble Inc.
Yellowscan

These companies are continuously working to deliver advanced LiDAR solutions and widening their product capabilities through acquisitions to strengthen their position.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of LiDAR in construction sector surpassed USD 450 million in 2021 and is set to progress at over 10% CAGR from 2022 to 2030, says this GMI report.

The mapping application segment is predicted to capture more than 30% of the market share by 2030 on account of the rising need for a high resolution, compact, and low-cost mapping solution.

The solid state segment is expected to grow at more than 30% growth rate between 2022 and 2030 owing to its inexpensive nature, which makes it a preferable choice over its counterpart.

The Asia Pacific LiDAR in construction market is slated to grow at approximately 15% gains through 2030, as government organizations are relying on LiDAR technology companies for conducting bathymetric surveys.