U.S. Lidar Market Size & Outlook, 2021-2030
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U.S. lidar market highlights
- The U.S. lidar market generated a revenue of USD 412.3 million in 2021 and is expected to reach USD 743.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.5% from 2022 to 2030.
- In terms of segment, airborne was the largest revenue generating product in 2021.
- Airborne is the most lucrative product segment registering the fastest growth during the forecast period.
Lidar market data book summary
| Market revenue in 2021 | USD 412.3 million |
| Market revenue in 2030 | USD 743.7 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Airborne |
| Fastest growing segment | Airborne |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Airborne, Terrestrial, Mobile & UAV |
| Key market players worldwide | Faro Technologies Inc, Hexagon AB ADR, Teledyne Technologies Inc, Trimble Inc, SICK, Inc, RIEGL USA, Quantum Spatial, Velodyne Lidar, YellowScan, GeoDigital |
Other key industry trends
- In terms of revenue, U.S. accounted for 22.7% of the global lidar market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. lidar market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 148.7 million by 2030.
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LiDAR Market Scope
LiDAR Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GeoDigital | View profile | 51-100 | Hamilton, Ontario, Canada, North America | http://geodigital.com |
| YellowScan | View profile | 51-100 | Montferrier-sur-lez, Languedoc-Roussillon, France, Europe | https://www.yellowscan-lidar.com/ |
| Velodyne Lidar | View profile | 101-250 | San Jose, California, United States, North America | http://velodynelidar.com |
| Quantum Spatial | View profile | 251-500 | Sheboygan, Wisconsin, United States, North America | https://quantumspatial.com/ |
| RIEGL USA | View profile | - | Winter Garden, Florida, United States, North America | http://www.rieglusa.com/index.html |
| SICK, Inc | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | https://www.sick.com/us/en/ |
| Teledyne Technologies Inc | View profile | 14900 | 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 | https://www.teledyne.com |
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| Faro Technologies Inc | View profile | 1243 | 125 Technology Park, Lake Mary, FL, United States, 32746 | https://www.faro.com |
| Trimble Inc | View profile | 12700 | 10368 Westmoor Drive, Westminister, CO, United States, 80021 | https://www.trimble.com |
U.S. lidar market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lidar market will help companies and investors design strategic landscapes.
Airborne was the largest segment with a revenue share of 52.24% in 2021. Horizon Databook has segmented the U.S. lidar market based on airborne, terrestrial, mobile & uav covering the revenue growth of each sub-segment from 2018 to 2030.
- U.S. LiDAR Product Outlook (Revenue, USD Million, 2018-2030)
- Airborne
- Terrestrial
- Mobile & UAV
- U.S. LiDAR Application Outlook (Revenue, USD Million, 2018-2030)
- Corridor Mapping
- Engineering
- Environment
- Exploration
- ADAS
- Others
- U.S. LiDAR Component Outlook (Revenue, USD Million, 2018-2030)
- GPS
- Navigation (IMU)
- Laser Scanners
- Others
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Target buyers of U.S. lidar market databook
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Our clientele includes a mix of lidar market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. lidar market , including forecasts for subscribers. This country databook contains high-level insights into U.S. lidar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. lidar market size, by product, 2018-2030 (US$M)
U.S. LiDAR Market Outlook Share, 2021 & 2030 (US$M)
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