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<br>LiDAR for the topography and mateorology market is projected to grow at a CAGR of 24.82% during the forecast period, reaching a total market size of US$546.239 million in 2024 from US$144.431 million in 2018.LiDAR<br> techniques are used in water vapor, temperature, and pressure measurement applications. Increasing demand from defense and weather forecasting sectors are driving the market.
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LiDAR For Topography And Meteorology Market Forecasts From 2019 To 2024
DESCRIPTION LiDAR for topography and mateorology market is projected to grow at a CAGR of 24.82% during the forecast period, reaching a total market size of US$546.239 million in 2024 from US$144.431 million in 2018. LiDAR techniques are used in water vapor, temperature, and pressure measurement applications. Increasing demand from defense and weather forecasting sectors are driving the market. Surging demand of these LiDARs from oil & gas, mining industry, and transportation & logistics sectors is also expected to boost the market growth. However, the high cost of these LiDARs is a major challenge for the market. Geographically, North America is expected to have a significant share of the market on account of the increasing use of LiDAR systems in mapping and surveying applications and increasing players in LiDAR services providers market in the region. Europe and Asia Pacific region are also expected to witness rapid growth owing to technological advancements in the region.
Key Questions Answered By The Report • What will LiDAR For Topography And Meteorology Market from 2020 to 2025? • How are the major drivers and restraints affecting the Global Cargo Inspection Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography • North America • South America • Europe • Middle East and Africa • Asia Pacific • South America • Brazil • Argentina • Others
Segments Covered Under Global Storage Market: • By Type • Mechanical • Solid-State
COMPANY PROFILES • Saab AB • Teledyne Optech • Leica Geosystems AG • Leosphere • RIEGL Laser Measurement Systems GmbH • Quanergy Systems, Inc. • Raymetrics S.A. • Beijing SureStar Technology Co.Ltd. • YellowScan • Benewake (Beijing) Co., Ltd. • FARO Technologies, Inc.
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