Airborne LiDAR Market Size (2024 - 2029)

The airborne LiDAR market is experiencing significant growth, driven by the increasing demand for terrain mapping and imagery across various industries. This expansion is further supported by the integration of LiDAR technology with aerial platforms, enhancing the efficiency and speed of spatial data collection. The market's potential is bolstered by opportunities in GIS applications and the growing use of airborne LiDAR in construction and high-density applications such as forestry and utilities. Additionally, advancements in drone technology and partnerships for maritime surveillance are contributing to the market's expansion, as these innovations offer improved data visualization and analysis capabilities.

Market Size of Airborne LiDAR Industry

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airborne lidar market share
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 18.00 %
Fastest Growing Market North America
Largest Market Asia Pacific
Market Concentration High

Major Players

Airborne LiDAR Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Airborne LiDAR Market Analysis

The airborne lidar market is expected to register a CAGR of 18% over the forecast period. Further, the increased demand for terrain mapping and imagery across industries has resulted in the rapid growth of the demand-based LiDAR service industry. However, enormous opportunities in GIS applications will boost the market growth.

  • The combination of LiDAR scanning technology with an aerial deployment platform has enabled the user to extract extraordinary efficiency and speed for gathering accurate spatial data allowing him to support asset management needs for numerous industries such as Aerospace & Defense, Mining, Forestry & Precision Agriculture, Corridor mapping, oil & Gas.
  • Surveying And Mapping LLC., with the addition of the state-of-the-art Trimble Harrier 68i airborne LiDAR system to SAM's in-house capabilities. These systems in combination with the three different modes of laser data collection, have enabled the company to enhance its ability to provide complete geospatial solutions and a full suite of LiDAR services.
  • The evolution of drones further displays huge potential as aerial photos provide a much bigger perspective when it comes to tracking progress, inspecting the equipment, and measuring structures. Also, the increased usage of airborne lidars in construction projects is expected to drive market growth over the forecast period.
  • Further, companies across various end-user industries are adopting airborne lidars rapidly, to enhance their capability and operational efficiency for forestry, rail, electrical utilities, and other high-density applications. For example, during the early onset of the pandemic, Atlantic used Teledyne Optech'snew Galaxy T2000 and G2 sensor system to enhance its airborne capability by accommodating two of the company's OptechGalaxy Prime airborne lidar sensors.
  • In November 2021, Hexagon's Geosystems announced partnerships with Airbus to integrate two Leica Chiroptera 4X bathymetric LiDAR sensors for maritime surveillance into the C295 MSA, Airbus' Maritime Surveillance Aircraft. The technology has an object detection feature that enables real-time LiDAR data visualization and analysis during the flight
  • Moreover, maintaining a high level of detail and accuracy, the airborne lidars can even scan buildings or an entire city in 3D. These lidars' ability to generate the exact replicas of such locations helps to reduce the time and cost of 3D modeling and assists in creating more realistic visual effects. This further stimulates various companies to provide solutions for the media and entertainment industry.

Airborne LiDAR Industry Segmentation

An airborne lidar enables the user to scan swathes of land covering many miles with the systems fitted on to a helicopter or aircraft. The studied market is segmented by Type such as Topographic Lidar, Bathymetric lidar, with Offering such as Hardware, Services among various End-User Vertical such as Aerospace & Defense, Mining, Forestry & Precision Agriculture, Corridor mapping, and Oil & Gas, in different geographies. The impact of COVID-19 on the market and affected segments are also covered under the scope of the study. Further, the disruption of the factors impacting the market's growth in the near future has been covered in the study regarding drivers and restraints.

By Type
Topographic LiDAR
Bathymetric LiDAR
By Offering
Hardware
Services
By End User Industry
Aerospace and Defense
Minning
Forestry and Precision Agriculture
Corridor Mapping
Oil and Gas
Other End User Industries
By Geography
North America
Europe
Asia Pacific
Latin America
Middle-East and Africa
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Airborne LiDAR Market Size Summary

The airborne LiDAR market is poised for significant growth, driven by the increasing demand for precise terrain mapping and imagery across various sectors. The integration of LiDAR technology with aerial platforms has revolutionized the efficiency and speed of spatial data collection, supporting asset management in industries such as aerospace, defense, mining, and agriculture. The evolution of drone technology further enhances the market's potential, offering expansive perspectives for progress tracking and structural inspections. The market is also witnessing a surge in adoption within the construction sector, as companies seek to improve operational efficiency and capabilities. Strategic partnerships and technological advancements, such as those by Surveying And Mapping LLC and Hexagon's Geosystems, are expanding the scope of LiDAR applications, including maritime surveillance and 3D city modeling, thereby stimulating market growth.

North America stands out as a key player in the airborne LiDAR market, fueled by substantial investments in technological innovations and a robust demand across engineering, construction, and environmental sectors. The region's competitive landscape is marked by the presence of major players like Teledyne Technologies and IGI Systems, who leverage research and development to maintain a competitive edge. The market's expansion is further supported by regulatory investments in LiDAR deployment on various aerial platforms, including UAVs and helicopters, for applications ranging from military operations to coastal zone management. The increasing use of airborne LiDAR in archaeology and other fields is expected to further drive adoption, with companies like Fugro and Northrop Grumman leading the charge in developing advanced LiDAR solutions.

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Airborne LiDAR Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Advancements in Drone Technology

      2. 1.2.2 Increasing Need for Robust Surveillance Systems across Various Industries

    3. 1.3 Market Restraints

      1. 1.3.1 High Equippment Cost

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

    5. 1.5 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Topographic LiDAR

      2. 2.1.2 Bathymetric LiDAR

    2. 2.2 By Offering

      1. 2.2.1 Hardware

      2. 2.2.2 Services

    3. 2.3 By End User Industry

      1. 2.3.1 Aerospace and Defense

      2. 2.3.2 Minning

      3. 2.3.3 Forestry and Precision Agriculture

      4. 2.3.4 Corridor Mapping

      5. 2.3.5 Oil and Gas

      6. 2.3.6 Other End User Industries

    4. 2.4 By Geography

      1. 2.4.1 North America

      2. 2.4.2 Europe

      3. 2.4.3 Asia Pacific

      4. 2.4.4 Latin America

      5. 2.4.5 Middle-East and Africa

Airborne LiDAR Market Size FAQs

The Airborne LiDAR Market is projected to register a CAGR of 18% during the forecast period (2024-2029)

Teledyne Technologies, Leica Geosystems (Hexagon AB), Fugro, IGI Systems and Photomapping Services Pty Ltd are the major companies operating in the Airborne LiDAR Market.

Airborne LiDAR Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)