Global Industrial LiDAR Market 2024-2030

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    INDUSTRIAL LiDAR MARKET

     

    INTRODUCTION

    LiDAR technology is being used in a wide variety of applications and sectors, including object detection, 3D structure mapping, and geographic surveying. Manufacturing automation, safety, agriculture, and many more industries are examples. LiDAR has been used in all these applications and sectors to save costs and improve safety.

     

    A technique called LIDAR uses light reflection to find objects. It all comes down to a system that emits light during transmission and one that detects it during reception by timing the return of the light. The wavelength of LIDAR systems is on the order of ten thousand times shorter than the shortest radar wavelength

     

    INDUSTRIAL LiDAR MARKET SIZE AND FORECAST

    Infographics: Industrial LiDAR Market, Industrial LiDAR Market Size, Industrial LiDAR Market Trends, Industrial LiDAR Market Forecast, Industrial LiDAR Market Risks, Industrial LiDAR Market Report, Industrial LiDAR Market Share

     

    The Global Industrial LiDAR Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    INDUSTRIAL LIDAR MARKET NEW PRODUCT LAUNCH

    A 3D industrial lidar sensor suite created for high-volume material handling applications has been released by Ouster, Inc. High-resolution OS0 and OS1 sensors from the industrial line are designed to suit the special needs of forklift, port equipment, and autonomous mobile robot (AMR) makers at prices that make them adoptable on fleets of high-volume manufacturing equipment.

     

    A 2D industrial LiDAR sensor formed- for long-range,high-accuracyy measurement applications, the M1 from Quanergy Systems, was unveiled. The M1 expands the company’s line of industrial products.

     

    To aid investigators and security professionals in improving the quality of construction sites and evidence acquired, documentation, reconstruction, and field analysis, FARO Technologies Inc. developed the Faro Zone 3D platform based on LiDAR technology.

     

    Robustness, a pioneer in the field of Smart LiDAR Sensor Systems, recently held a Tech Day event to introduce new products. RS-LiDAR-E1 (E1), a flash solid-state LiDAR that sees 360 degrees and is based on Robustness in-house, custom-developed chips,s, and flash technology platform, was formally introduced during the conference.

     

    E1 utilizesRobustness’ss first in-house, custom chips for its first 2D electronic scanning technology and flash solid-state LiDAR platform. E1 greatly streamlines the circuit design and production processes with highly integrated chips that incorporate the three essential elements of transmission, reception, and processing.

     

    This results in performance and cost advantages required for the durability and reliability requirements of blind spotLidarss in the automotive market.

     

    With a straightforward bill of materials and no moving parts, E1 is created for large-scale series production and excels in all three areas of detection performance, cost-effectiveness, and automotive-grade safety and reliability ofLidarss. E1 will work with partners to close the perception gap in smart driving and enhance the all-scenario perception capability of automated and autonomous vehicles as a crucial component to achieving the core functions of autonomous driving.

     

    A 2D industrial LiDAR sensor formed- for long-range, high-precision measurement applications, M1 from Quenergyy Systems was unveiled. By providing twice the price-performance compared to previous industrial LiDAR sensors, the M1 expands the company’s line of industrial products. In comparison to the current market’s legacy LiDAR sensors, M1 offers accuracy and object detection at longer ranges with up to twice the range and range accuracy and 75% more data.

     

    The M1 2D LiDAR sensor is made specifically to increase accuracy, efficiency, and productivity in industrial applications like logistics in warehouses, factories, and other industrial facilities. It also offers more precise detection at loading zones for cargo containers onto trucks at busy port terminals.

     

    Industrial automation companies can now accurately detect objects up to 70 m away at 10% reflectivity thanks to the new M1 LiDAR sensor’s up to 2 times higher range and range accuracy. This sensor is perfect for demanding outdoor applications like loading and unloading containers onto and off of ships.

     

    The new M1 can be mounted and installed on a wide range of platforms that call for a small footprint thanks to its over 50% smaller size and lighting.

     

    A well-known leader in the developing market for automotive lidar sensors is the Israeli startup Innoviz. The inability of MEMS lidars to perform360-degreee scanning has been one of their drawbacks so far. Most only have a 120-degree horizontal field of view, so three to four sensors would be needed for complete surround scanning.

     

    The majority of the hardware improvements from the new Innovis Two, such as the new single laser, detector, and custom processing chip, are used in the new Innoviz360, but it is set up with a different beam steering system.

     

    INDUSTRIAL LIDAR MARKET MARKET DYNAMICS

    Applications like change detection on hillsides, water runoff for agricultural or mining sites, and inland waterways are getting better accuracy thanks to LiDAR-based digital terrain models’ improved spatial resolution. The growing use of automation in LiDAR to reduce manual labor and boost productivity is to blame for the market’s expansion.

     

    The market growth is anticipated to be driven by the rising demand for 3D imagery in applications such as military and defense, topographical surveys, civil engineering, and corridor mapping. Applications like 3D mapping, city planning, and corridor mapping use texture-rich 3D imagery.

     

    The number of advanced safety features installed is rising at an exponential rate. Additionally, the government has approved the use of self-driving vehicles on the road in nations like the United States; LiDAR is incorporated into these vehicles for GPS and navigation purposes.

     

    Additionally, LiDAR is utilized for environmental and weather monitoring. To monitor pollution in the troposphere, for instance, LiDAR technology is used by Canadian environment monitoring stations. LiDAR stations are very important for keeping an eye on the ash from volcanic eruptions, which can make it hard to fly.

     

    The oil sand monitoring system’s mapping also makes use of the technology. It is anticipated that the increased accuracy of LiDAR technology will drive these numerous applications.

     

    The market’s expansion is thought to be severely hampered by a dearth of knowledgeable customers. To reduce the costs of implementing and designing such customer awareness and education programs, it is essential to determine the scope of customer education. Too encourage sustainable development and increase people’s capacity to address development and environmental issues, customer education and awareness are essential.

     

    Terrestrial LiDAR can be used only on the Earth’s surface and can be both mobile and stationary. For traditional topography, forensics, cultural heritage documentation, monitoring, and static terrestrial scanning, static terrestrial scanning is frequently the preferred survey method.

     

    LiDAR for mobile and unmanned aerial vehicles works on Earth’s surface and the environment around it in both mobile and aerial modes. The LiDAR market is expected to expand as a result of the increasing use of mobile and unmanned aerial vehicle (UAV) LiDAR systems and the introduction of new products.

     

    INDUSTRIAL LiDAR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Industrial LiDAR are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Industrial LiDAR and key vendor selection criteria
    3. Where is the Industrial LiDAR manufactured? What is the average margin per unit?
    4. Market share of Global Industrial LiDAR market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Industrial LiDAR in-house
    6. key predictions for the next 5 years in the  Global Industrial LiDAR market
    7. Average B-2-B Industrial LiDAR market price in all segments
    8. Latest trends in Industrial LiDAR market, by every market segment
    9. The market size (both volume and value) of the Industrial LiDAR market in 2024-2030 and every year in between?
    10. Production breakup of the  Industrial LiDAR market, by suppliers and their OEM relationship
       
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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