LiDAR in Mapping Market technology has found immense application in the real estate, construction, O&G industry. Governments across the globe are using this technology to locate appropriate sites to place pipelines for oil and gas. Private companies are meanwhile leveraging LiDAR technology for safe and quick mapping of distant oil & gas fields.
The technology basically identified cracks, corrosion and surface welding defects in cargo and ballast tanks of fuel storage facilities. With this, company can undertake timely maintenance and ensuring business continuity. LiDAR in mapping market technology is also used in urban planning and development of smart cities. Companies operating in the real-estate sector are deploying such solutions for ground surveying and to meet the high accuracy and precision requirements for the Digital Elevation Model (DEM).
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LiDAR mapping systems are also gaining traction across countries like India, Japan and China for offering enhanced disaster management solutions. In May 2017, the government of Japan deployed LiDAR mapping systems to evaluate post-disaster damages caused due to Kumamoto earthquake in 2016. This collected data was used for developing strategies to efficiently distribute relief resources during such emergencies. Apart from this, LiDAR in mapping market systems are used for geotagging of earthquake sensitive areas and to evaluate the effects of landslides caused by earthquakes.
Increasing emphasis over town planning is anticipated to bolster the significance of LiDAR in mapping market technology in the construction & surveying industry. Construction companies are nowadays using LiDAR enabled drones for survey-grade topographic mapping. These drones are capable of operating in difficult terrains and extreme weather conditions.
Apart from this, there has been an escalating demand for modern surveying techniques for undertaking archaeological surveys and oil & gas field inspection. Incorporation of such techniques essentially ensures safety to workers.
It is vital to mention that LiDAR in mapping market primarily depends on resources like software, LiDAR equipment and skilled professionals. The total cost of resource deployed for a single project is significantly higher. Whereas data acquisition requires a considerable amount of time which evidently restrains its deployment on several infrastructure projects. All these factors could limit its market growth across the forecast period.
The Prominent key players in the LiDAR in mapping market include Argo AI, Blickfeld GmbH, Cepton Technologies, Inc., FARO Technologies, Inc., Fugro N.V.
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Table of Content
Chapter 6. LiDAR in Mapping Market, By Component
6.1. Key trends, by component
6.2. Hardware
6.2.1. Market estimates and forecast, 2015 – 2026
6.3. Software
6.3.1. Market estimates and forecast, 2015 – 2026
Chapter 7. LiDAR in Mapping Market, By Application
7.1. Key trends, by application
7.2. Corridor mapping
7.2.1. Market estimates and forecast, 2015 - 2026
7.3. Construction & surveying
7.3.1. Market estimates and forecast, 2015 – 2026
7.4. Agriculture and forestry
7.4.1. Market estimates and forecast, 2015 - 2026
7.5. Mining and quarrying
7.5.1. Market estimates and forecast, 2015 – 2026
7.6. Education
7.6.1. Market estimates and forecast, 2015 - 2026
7.7. Environmental
7.7.1. Market estimates and forecast, 2015 - 2026
7.8. Transport (Autonomus Cars)
7.8.1. Market estimates and forecast, 2015 – 2026
7.9. Emergency services
7.9.1. Market estimates and forecast, 2015 – 2026
7.10. Others
7.10.1. Market estimates and forecast, 2015 – 2026
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