The mobile LiDAR scanner market is projected to enhance at a CAGR of 15.6% during the forecast period 2021-2031.
As per the findings of the report, the global mobile LiDAR scanner market is estimated to experience an increase over the forecast period due to multiple factors such as increasing demand in advanced mobile mapping system and use of mobile LiDAR in geographical information systems (GIS) applications.
It is a dominant mapping method that uses laser scanning to identify roadway infrastructure and related assets accurately, quickly, and cost-efficiently.
The increasing adoption of mobile laser scanning for reaching and collecting data from unsafe building sites, restricted locations and areas overrun with vegetation, are creating growth opportunities. It also addition of static scanning systems in the mobile LiDAR scanner to produce more detailed point clouds.
It also offers various features such as collection efficiency, accurate positional processing, 3D visualization excellence, cost and schedule effective, and others. The reliability of such features drives the growth of the mobile LiDAR scanner market.
Growing demand for advanced mobile mapping system and technological advancements, emergence of the mobile light detection and ranging (LiDAR) systems with a sensor technology, such major factors fueling demand for mobile LiDAR scanner across regions.
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The COVID-19 pandemic outbreak has disrupted many industries, including the mobile LiDAR scanner market. It has impacted both the end-users of LiDAR, and manufactures globally. The disruption caused by the pandemic driven various key component suppliers and technology providers to reduced expenses and production in some major countries.
Mobile LiDAR scanner is a revolutionary tool for scanning and surveying. The significant increase in the number of mobile LiDAR scanner in various applications such as corridor mapping, urban planning, exploration, environment, engineering, cartography, meteorology & other applications, is boosting the market growth.
North America region will be the largest market share for mobile LiDAR scanner, due to the strong presence of mobile LiDAR scanner providers and manufacturer in the region.
This is attributed to the high increase in demand for mobile LiDAR scanner for various end user application such as rising safety of field crews along deeply traveled corridors, and quicker data collection than both terrestrial scanning and conventional surveying, among others.
The North American regional market has been accounted for strong share in the global mobile LiDAR scanner market, owing to growing adoption of LiDAR systems in UAVs, and LiDAR in engineering and construction applications in the region.
It also offers various benefits such as delivering for 3D mapping, measuring of interior spaces, and object identification and classification. Hence, the demand for mobile LiDAR scanner is increasing across the North America region during the forecast period.
South Asia & Pacific is expected to dominate the mobile LiDAR scanner market. The region is expected to offer lucrative opportunities for leading market players owing to rising demand for greater density of scanned data along with improved data compression and storage.
South Asia & Pacific has accounted for a mobile LiDAR scanner market share in 2021 and is expected to enhance at a CAGR of over 27.5% in the near future. The presence of key market players such as Hexagon AB, Sick AG, Teledyne Optech, and Trimble Inc., such major players contributing to the growth.
Some of the leading manufacturer and providers of mobile LiDAR scanner include
The key providers of mobile LiDAR scanner is continuously focusing on investing in new and emerging technologies/ service lines in order to leverage the experience and maturity of a very broad product line to offer customers a range of options. For instance, in 2021, Trimble has introduced the Trimble MX50 mobile mapping system for asset management and mapping.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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