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.
Get Sample Report + All Related Graphs & Charts @
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.
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.
Get a Free Request Sample Report with Table of Contents:
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 multi-pulse 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
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.
Request To Download Sample of This Strategic Report:-
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 is divided into corridor mapping, seismology, exploration & detection, and others. The market by end user comprises defense & aerospace, civil engineering, archaeology, forestry & agriculture, mining industry and transportation.
Key players operating in this market are Faro Technologies Inc., Leosphere SaS, Leica Geosystems Inc. (Hexagon), 3D Laser Mapping Inc., Firmatek LLC, RIEGL Laser Measurement Systems GmbH, Teledyne Technologies, Quanergy Systems, Inc., Saab Group and Raymetrics S.A. among others.
Request a free sample copy in PDF or view the report summary@
POTENTIAL BENEFITS FOR STAKEHOLDERS:
This report provides an in-depth analysis of the world U.S. airborne LiDAR market along with current trends and future estimations to identify lucrative investment opportunities
Key drivers, opportunities, and restraints that shape the market along with their impact analysis are explained
Porter’s Five Forces analysis highlights the potency of buyers and suppliers that participate in this market to facilitate better business decisions for stakeholders and strengthen their supplier and buyer networks
Market estimation of geographical regions is based on the current market scenario and future trends
According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.
Request To Download Sample of This Strategic Report:-
This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).
U.S. AIRBORNE LiDAR SEGMENTATION
The market is segmented on the basis of component, application, and end user.
Inertial Navigation Systems
Exploration & Detection
BY END USER
Defense & Aerospace
Forestry & Agriculture
Transportation and Logistics
What is the goal of the report?
The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.
During the forecast period, the report analyzes the growth rate, market size, and market valuation.
The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
Inquire or Share Your Questions If Any Before the Purchasing This Report –
Following are the questions answered by the Market report:
What are the goals of the report?
This market report shows the projected market size for the Multi-Cloud Management Market at the end of the forecast period. The report also examines the historical and current market sizes.
On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.
The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.
The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
The research report includes various factors contributing to the market’s growth.
The report analyzes the growth rate, market size, and market valuation for the forecast period.
This report covers aspects of the regional analysis market.
The report includes data about North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
This report analyzes current and future market trends by region, providing information on product usage and consumption.
Reports on the market include the growth rate of every region, based on their countries over the forecast period.
Get 20% Off On Various License Types When Buy Now At:
What factors are taken into consideration when assessing the key market players?
The report analyzes companies across the globe in detail.
The report provides an overview of major vendors in the market, including key players.
Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.
This report includes a comparison of market competitors and a discussion of the standpoints of the major players.
Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
What are the key findings of the report?
This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
Access full Report Description, TOC, Table of Figure, Chart, etc. @
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)