The Latin America, Middle East and Africa LiDAR Market would witness market growth of 22.3% CAGR during the forecast period (2022-2028).
Future process automation and highly automated, completely automated, and autonomous driving will rely heavily on LiDAR sensors. They assess the environment, aid in direction, detect obstructions, and measure distances with radar sensors and cameras to increase efficiency and safety on congested highways and in automated industrial settings.
The automated guided vehicles (AGV) industry has been expanding due to rising laser-guided AGV manufacturing and falling labor costs. AGV is a workable material handling system that considerably reduces transportation damage and provides accessibility in logistics facilities and high-volume storage. AGVs utilize cutting-edge technologies like laser and telematics services and infrared, magnetic, and optical navigation. Since it improves the precision of tracking position, wireless communication is also getting a lot of traction. As a result, it has emerged as a crucial trend in the AGV industry.
Additionally, the implementation of Industry 4.0 technology has improved warehouse system coordination, assisted active communication between various warehouse activities, and helped warehouse operators perform time-sensitive and high-velocity tasks at a lower cost. This, in turn, is accelerating the AGV industry's expansion, and hence benefits the LiDAR market.
The necessity of infrastructure for growth in the economy is stressed by the Argentinean government as well. The government is planning to invest in the construction of new homes, roads, regional airport upgrades, and the restoration of the Belgrano cargo train line, which connects to Chilean ports on the Pacific. Developing a metro line that connects all forms of public transit in Buenos Aires is another way the administration intends to enhance transportation. This further propels the need for immediate construction of infrastructure. Therefore, the regional LiDAR market's growth is driven by all these factors.
The Brazil market dominated the LAMEA LiDAR Market by Country in 2021; thereby, achieving a market value of $57.1 million by 2028. The Argentina market is showcasing a CAGR of 22.9% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 22% during (2022 - 2028).
Based on Type, the market is segmented into Mechanical and Solid-state. Based on Range, the market is segmented into Short Range, Medium Range and Long Range. Based on Service, the market is segmented into Ground-based surveying, GIS Service, Asset Management, Aerial Surveying and Others. Based on Component, the market is segmented into Laser Scanner, Navigation & Positioning System and Others. Based on Installation Type, the market is segmented into Ground-based and Airborne. Based on Application, the market is segmented into Environment, Exploration, Meteorology, Corridor Mapping, Engineering, Urban Planning, ADAS & Driverless Cars and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global LiDAR Market is Predict to reach $3.5 Billion by 2028, at a CAGR of 18.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sick AG, FARO Technologies, Inc., Teledyne Optech, Inc., Trimble, Inc., Hexagon AB (Leica Geosystems AG), NV5 Global, Inc., YellowScans, SureStar, GeoDigital and RIEGL Laser Measurement Systems GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Range
- Short Range
- Medium Range
- Long Range
By Service
- Ground-based surveying
- GIS Service
- Asset Management
- Aerial Surveying
- Others
By Component
- Laser Scanner
- Navigation & Positioning System
- Others
By Installation Type
By Application
- Environment
- Exploration
- Meteorology
- Corridor Mapping
- Engineering
- Urban Planning
- ADAS & Driverless Cars
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Sick AG
- FARO Technologies, Inc.
- Teledyne Optech, Inc.
- Trimble, Inc.
- Hexagon AB (Leica Geosystems AG)
- NV5 Global, Inc.
- YellowScans
- SureStar
- GeoDigital
- RIEGL Laser Measurement Systems GmbH
TABLE 1 LAMEA LiDAR Market, 2018 - 2021, USD Million
TABLE 2 LAMEA LiDAR Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– LiDAR Market
TABLE 4 Product Launches And Product Expansions– LiDAR Market
TABLE 5 Acquisition and Mergers– LiDAR Market
TABLE 6 LAMEA LiDAR Market by Type, 2018 - 2021, USD Million
TABLE 7 LAMEA LiDAR Market by Type, 2022 - 2028, USD Million
TABLE 8 LAMEA Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Solid-state Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Solid-state Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA LiDAR Market by Range, 2018 - 2021, USD Million
TABLE 13 LAMEA LiDAR Market by Range, 2022 - 2028, USD Million
TABLE 14 LAMEA Short Range Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Short Range Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Medium Range Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Medium Range Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Long Range Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Long Range Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA LiDAR Market by Service, 2018 - 2021, USD Million
TABLE 21 LAMEA LiDAR Market by Service, 2022 - 2028, USD Million
TABLE 22 LAMEA Ground-based surveying Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Ground-based surveying Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA GIS Service Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA GIS Service Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Aerial Surveying Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Aerial Surveying Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA LiDAR Market by Component, 2018 - 2021, USD Million
TABLE 33 LAMEA LiDAR Market by Component, 2022 - 2028, USD Million
TABLE 34 LAMEA Laser Scanner Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Laser Scanner Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Navigation & Positioning System Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Navigation & Positioning System Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA LiDAR Market by Installation Type, 2018 - 2021, USD Million
TABLE 41 LAMEA LiDAR Market by Installation Type, 2022 - 2028, USD Million
TABLE 42 LAMEA Ground-based Market by Country, 2018 - 2021, USD Million
TABLE 43 LAMEA Ground-based Market by Country, 2022 - 2028, USD Million
TABLE 44 LAMEA Airborne Market by Country, 2018 - 2021, USD Million
TABLE 45 LAMEA Airborne Market by Country, 2022 - 2028, USD Million
TABLE 46 LAMEA LiDAR Market by Application, 2018 - 2021, USD Million
TABLE 47 LAMEA LiDAR Market by Application, 2022 - 2028, USD Million
TABLE 48 LAMEA Environment Market by Country, 2018 - 2021, USD Million
TABLE 49 LAMEA Environment Market by Country, 2022 - 2028, USD Million
TABLE 50 LAMEA Exploration Market by Country, 2018 - 2021, USD Million
TABLE 51 LAMEA Exploration Market by Country, 2022 - 2028, USD Million
TABLE 52 LAMEA Meteorology Market by Country, 2018 - 2021, USD Million
TABLE 53 LAMEA Meteorology Market by Country, 2022 - 2028, USD Million
TABLE 54 LAMEA Corridor Mapping Market by Country, 2018 - 2021, USD Million
TABLE 55 LAMEA Corridor Mapping Market by Country, 2022 - 2028, USD Million
TABLE 56 LAMEA Engineering Market by Country, 2018 - 2021, USD Million
TABLE 57 LAMEA Engineering Market by Country, 2022 - 2028, USD Million
TABLE 58 LAMEA Urban Planning Market by Country, 2018 - 2021, USD Million
TABLE 59 LAMEA Urban Planning Market by Country, 2022 - 2028, USD Million
TABLE 60 LAMEA ADAS & Driverless Cars Market by Country, 2018 - 2021, USD Million
TABLE 61 LAMEA ADAS & Driverless Cars Market by Country, 2022 - 2028, USD Million
TABLE 62 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 63 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 64 LAMEA LiDAR Market by Country, 2018 - 2021, USD Million
TABLE 65 LAMEA LiDAR Market by Country, 2022 - 2028, USD Million
TABLE 66 Brazil LiDAR Market, 2018 - 2021, USD Million
TABLE 67 Brazil LiDAR Market, 2022 - 2028, USD Million
TABLE 68 Brazil LiDAR Market by Type, 2018 - 2021, USD Million
TABLE 69 Brazil LiDAR Market by Type, 2022 - 2028, USD Million
TABLE 70 Brazil LiDAR Market by Range, 2018 - 2021, USD Million
TABLE 71 Brazil LiDAR Market by Range, 2022 - 2028, USD Million
TABLE 72 Brazil LiDAR Market by Service, 2018 - 2021, USD Million
TABLE 73 Brazil LiDAR Market by Service, 2022 - 2028, USD Million
TABLE 74 Brazil LiDAR Market by Component, 2018 - 2021, USD Million
TABLE 75 Brazil LiDAR Market by Component, 2022 - 2028, USD Million
TABLE 76 Brazil LiDAR Market by Installation Type, 2018 - 2021, USD Million
TABLE 77 Brazil LiDAR Market by Installation Type, 2022 - 2028, USD Million
TABLE 78 Brazil LiDAR Market by Application, 2018 - 2021, USD Million
TABLE 79 Brazil LiDAR Market by Application, 2022 - 2028, USD Million
TABLE 80 Argentina LiDAR Market, 2018 - 2021, USD Million
TABLE 81 Argentina LiDAR Market, 2022 - 2028, USD Million
TABLE 82 Argentina LiDAR Market by Type, 2018 - 2021, USD Million
TABLE 83 Argentina LiDAR Market by Type, 2022 - 2028, USD Million
TABLE 84 Argentina LiDAR Market by Range, 2018 - 2021, USD Million
TABLE 85 Argentina LiDAR Market by Range, 2022 - 2028, USD Million
TABLE 86 Argentina LiDAR Market by Service, 2018 - 2021, USD Million
TABLE 87 Argentina LiDAR Market by Service, 2022 - 2028, USD Million
TABLE 88 Argentina LiDAR Market by Component, 2018 - 2021, USD Million
TABLE 89 Argentina LiDAR Market by Component, 2022 - 2028, USD Million
TABLE 90 Argentina LiDAR Market by Installation Type, 2018 - 2021, USD Million
TABLE 91 Argentina LiDAR Market by Installation Type, 2022 - 2028, USD Million
TABLE 92 Argentina LiDAR Market by Application, 2018 - 2021, USD Million
TABLE 93 Argentina LiDAR Market by Application, 2022 - 2028, USD Million
TABLE 94 UAE LiDAR Market, 2018 - 2021, USD Million
TABLE 95 UAE LiDAR Market, 2022 - 2028, USD Million
TABLE 96 UAE LiDAR Market by Type, 2018 - 2021, USD Million
TABLE 97 UAE LiDAR Market by Type, 2022 - 2028, USD Million
TABLE 98 UAE LiDAR Market by Range, 2018 - 2021, USD Million
TABLE 99 UAE LiDAR Market by Range, 2022 - 2028, USD Million
TABLE 100 UAE LiDAR Market by Service, 2018 - 2021, USD Million
TABLE 101 UAE LiDAR Market by Service, 2022 - 2028, USD Million
TABLE 102 UAE LiDAR Market by Component, 2018 - 2021, USD Million
TABLE 103 UAE LiDAR Market by Component, 2022 - 2028, USD Million
TABLE 104 UAE LiDAR Market by Installation Type, 2018 - 2021, USD Million
TABLE 105 UAE LiDAR Market by Installation Type, 2022 - 2028, USD Million
TABLE 106 UAE LiDAR Market by Application, 2018 - 2021, USD Million
TABLE 107 UAE LiDAR Market by Application, 2022 - 2028, USD Million
TABLE 108 Saudi Arabia LiDAR Market, 2018 - 2021, USD Million
TABLE 109 Saudi Arabia LiDAR Market, 2022 - 2028, USD Million
TABLE 110 Saudi Arabia LiDAR Market by Type, 2018 - 2021, USD Million
TABLE 111 Saudi Arabia LiDAR Market by Type, 2022 - 2028, USD Million
TABLE 112 Saudi Arabia LiDAR Market by Range, 2018 - 2021, USD Million
TABLE 113 Saudi Arabia LiDAR Market by Range, 2022 - 2028, USD Million
TABLE 114 Saudi Arabia LiDAR Market by Service, 2018 - 2021, USD Million
TABLE 115 Saudi Arabia LiDAR Market by Service, 2022 - 2028, USD Million
TABLE 116 Saudi Arabia LiDAR Market by Component, 2018 - 2021, USD Million
TABLE 117 Saudi Arabia LiDAR Market by Component, 2022 - 2028, USD Million
TABLE 118 Saudi Arabia LiDAR Market by Installation Type, 2018 - 2021, USD Million
TABLE 119 Saudi Arabia LiDAR Market by Installation Type, 2022 - 2028, USD Million
TABLE 120 Saudi Arabia LiDAR Market by Application, 2018 - 2021, USD Million
TABLE 121 Saudi Arabia LiDAR Market by Application, 2022 - 2028, USD Million
TABLE 122 South Africa LiDAR Market, 2018 - 2021, USD Million
TABLE 123 South Africa LiDAR Market, 2022 - 2028, USD Million
TABLE 124 South Africa LiDAR Market by Type, 2018 - 2021, USD Million
TABLE 125 South Africa LiDAR Market by Type, 2022 - 2028, USD Million
TABLE 126 South Africa LiDAR Market by Range, 2018 - 2021, USD Million
TABLE 127 South Africa LiDAR Market by Range, 2022 - 2028, USD Million
TABLE 128 South Africa LiDAR Market by Service, 2018 - 2021, USD Million
TABLE 129 South Africa LiDAR Market by Service, 2022 - 2028, USD Million
TABLE 130 South Africa LiDAR Market by Component, 2018 - 2021, USD Million
TABLE 131 South Africa LiDAR Market by Component, 2022 - 2028, USD Million
TABLE 132 South Africa LiDAR Market by Installation Type, 2018 - 2021, USD Million
TABLE 133 South Africa LiDAR Market by Installation Type, 2022 - 2028, USD Million
TABLE 134 South Africa LiDAR Market by Application, 2018 - 2021, USD Million
TABLE 135 South Africa LiDAR Market by Application, 2022 - 2028, USD Million
TABLE 136 Nigeria LiDAR Market, 2018 - 2021, USD Million
TABLE 137 Nigeria LiDAR Market, 2022 - 2028, USD Million
TABLE 138 Nigeria LiDAR Market by Type, 2018 - 2021, USD Million
TABLE 139 Nigeria LiDAR Market by Type, 2022 - 2028, USD Million
TABLE 140 Nigeria LiDAR Market by Range, 2018 - 2021, USD Million
TABLE 141 Nigeria LiDAR Market by Range, 2022 - 2028, USD Million
TABLE 142 Nigeria LiDAR Market by Service, 2018 - 2021, USD Million
TABLE 143 Nigeria LiDAR Market by Service, 2022 - 2028, USD Million
TABLE 144 Nigeria LiDAR Market by Component, 2018 - 2021, USD Million
TABLE 145 Nigeria LiDAR Market by Component, 2022 - 2028, USD Million
TABLE 146 Nigeria LiDAR Market by Installation Type, 2018 - 2021, USD Million
TABLE 147 Nigeria LiDAR Market by Installation Type, 2022 - 2028, USD Million
TABLE 148 Nigeria LiDAR Market by Application, 2018 - 2021, USD Million
TABLE 149 Nigeria LiDAR Market by Application, 2022 - 2028, USD Million
TABLE 150 Rest of LAMEA LiDAR Market, 2018 - 2021, USD Million
TABLE 151 Rest of LAMEA LiDAR Market, 2022 - 2028, USD Million
TABLE 152 Rest of LAMEA LiDAR Market by Type, 2018 - 2021, USD Million
TABLE 153 Rest of LAMEA LiDAR Market by Type, 2022 - 2028, USD Million
TABLE 154 Rest of LAMEA LiDAR Market by Range, 2018 - 2021, USD Million
TABLE 155 Rest of LAMEA LiDAR Market by Range, 2022 - 2028, USD Million
TABLE 156 Rest of LAMEA LiDAR Market by Service, 2018 - 2021, USD Million
TABLE 157 Rest of LAMEA LiDAR Market by Service, 2022 - 2028, USD Million
TABLE 158 Rest of LAMEA LiDAR Market by Component, 2018 - 2021, USD Million
TABLE 159 Rest of LAMEA LiDAR Market by Component, 2022 - 2028, USD Million
TABLE 160 Rest of LAMEA LiDAR Market by Installation Type, 2018 - 2021, USD Million
TABLE 161 Rest of LAMEA LiDAR Market by Installation Type, 2022 - 2028, USD Million
TABLE 162 Rest of LAMEA LiDAR Market by Application, 2018 - 2021, USD Million
TABLE 163 Rest of LAMEA LiDAR Market by Application, 2022 - 2028, USD Million
TABLE 164 Key Information – Sick AG
TABLE 165 Key Information – FARO Technologies, Inc.
TABLE 166 Key Information – Teledyne Optech, Inc.
TABLE 167 Key Information – Trimble, Inc.
TABLE 168 Key information – Hexagon AB
TABLE 169 Key Information – NV5 Global, Inc.
TABLE 170 Key Information – YellowScans
TABLE 171 Key Information – SureStar
TABLE 172 Key Information – GeoDigital
TABLE 173 Key Information – RIEGL Laser Measurement Systems GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Sick AG
FIG 5 SWOT Analysis: Sick AG