The Asia Pacific LiDAR market is segmented by Product (Aerial LiDAR, Ground-based LiDAR), Component (GPS, Laser Scanners, Inertial Measurement Unit), End-User ( Engineering, Automotive, Industrial, Aerospace & Defense)
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Key Market Trends
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The Asia Pacific LiDAR market is expected to grow at the CAGR of 32.39% during the forecast period of 2020 to 2025. LiDAR-based mapping solutions are agile and can be used on a stationary or moving vehicle. Owing to this, they are being adopted by a growing number of industries, especially for application in engineering, construction, environment, and exploration, proving the effectiveness and, therefore, demand for this technology.
These LiDARs are also used for the planning of field campaigns and mapping under the forest canopy. Spain-based scientists improved the accuracy of the annual and seasonal mapping with LiDAR data (from 73% to 83%). Moreover, another major driving factor for the LiDAR market is the increasing use of drones for multiple applications, such as aerospace and defense and automation, which are leading organizations to invest in drone research.
In this region, LiDAR system applications are also being deployed in defense, geological surveys, pollution monitoring, transport, energy, and construction sectors, coupled with drones. Additionally, countries such as India and China are expected to increase speeding an average of USD 7 billion in drone technology for defense in the forecast period.
In Malaysia, the government has been using the LiDAR to map the water table depth, flood risk in coastal areas, and canal blocking restoration requirements. The increase is such adoption of LiDAR systems by governments across different countries in the region is expected to contribute to the market’s growth positively over the forecast period.
In March 2020, Japan’s Mitsubishi Electric Corporation has unveiled a new compact LiDAR solution for autonomous vehicles, equipped with MEMS that can enhance the horizontal vision span and pedestrian detection capabilities of the self-driving vehicle, with a volume of around 900cc. The company is also planning to develop a smaller LiDAR variant with a volume of just 350cc or less.
Furthermore, the ongoing COVID-19 pandemic has led to the lockdown in all over the world. Hence this lockdown situation has disrupted the exports of automotive parts and the manufacturing process also interrupted by this pandemic situation. Moreover, the the expensive nature of the systems is challenging the adoption of these systems. Companies, such as Ford and Baidu, are investing in these systems to develop low cost LiDAR systems.Hence this can impact the overall sales of LiDAR within this region.
Scope of the Report
LiDAR systems are used to help scientists and mapping professionals to examine both natural and manmade environments with precision, accuracy, and flexibility. Moreover, in the agriculture industry, LiDAR is used for automated tractor steering solutions and surveying fields with drones. The Asia Pacific LiDAR market is segmented by Product, Component, and End User. Additionally, its Product segment is further segmented into Aerial LiDAR, Ground-based LiDAR.
Inertial Measurement Unit
Aerospace & Defense
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Key Market Trends
Ground Based LiDAR will drive the Growth of this Market
The ground-based LiDAR systems have been widely used in the close-range and high accuracy applications, especially in the architectural restoration, facilities inventory, erosion mapping, and stability detection, and a various number of applications in the manufacturing industry. Static and dynamic variations are frequently incorporated in the exploration, engineering, and other mobile mapping systems, along with the GPS referencing techniques for precision and accuracy.
The ground-based fixed LiDARs are relatively less costly, as these devices can avoid the use of IMU in air-borne systems or LiDAR scanners mounted on vehicles. Such features make the use of ground-based LiDAR cost-effective for the industries and can do the mapping in case of emergency and disaster management, in case of occurrence of any unwanted events. Hence, low costs associated with ground-based LiDAR systems, coupled with lesser stringent regulations for mapping or survey, are expected to drive the growth of this segment.
High-resolution snow/soil depth and snow/soil depth change maps can be used from terrestrial laser scanning (TLS) data to quantify loading patterns of avalanche/landslides, in snow/landslide prone regions, for use in both pre-control planning and in post-control assessment in case of such events, which increases the application base of such products suitable to a diverse base of end users.
The automotive sector is emerging as an application area for mobile ground-based LiDAR systems within this region. According to the ministry of of Road Transport and Highways of India, the installation of ADAS system is mandatory in all new vehicles (heavy-duty included) by 2022. Hence these types of government initiatives will definitely support the growth of this market.
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The Growing Aerospace and Defense Industry will drive the Growth of this Market
LiDAR has made limited leeway in the aerospace and defense industry. Still, there is potential for research to determine the extent of usage of the LiDAR technology in the defense industry. The use of drones for the monitoring of unexplored territory is crucial in the defense industry, and the use of LiDAR technology to analyze data through obstacles plays a vital role in the identification of anomalies.
Higher resolution systems are deployed to collect details to identify targets and movement through the forest canopies and other obstacles, such as Airborne Laser Mine Detection System (ALMDS) for the counter-mine warfare. Short-range LiDARs are utilized for identifying the presence of gases and liquids and other bio-threats in hazardous locations. The ability to detect rapidly and respond in real-time gives the LiDAR technology a significant edge over the other conventional technologies which have been implemented in the industry.
Moreover, different government initiatives are also influencing the growth of this market. For instance, The Indian government is also planning to carry LiDAR surveys for all the roads in the north-eastern states. It will also help to promote the local providers for this market.
Owing to the extensive use of LiDAR system in defense, geological surveys and in energy, and construction sectors different countries such as India and China, are expected to increase speeding an average of USD 7 billion in drone technology for defense in the forecast period.
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The Asia Pacific Lidar market is highly competitive due to the presence of many players within this region. Most of the major vendors are investing heavily in their research and development sections to create a unique differentiation from its other competitors. Some major vendors for this market are Topcon Corporation, Denso Corporation, Leishen Intelligent Systems, etc.
January 2020: DENSO Corporation and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, announced that the companies would work jointly together for developing next-generation cockpit systems. The companies are focused on achieving improved vehicle driver communication. It will not only expand its existing customer base but also can create a vast brand reputation across the world.
November 2019: Trimble introduced the R12 GNSS receiver, a high-performance global navigation satellite system (GNSS) surveying solution, which is powered by the all-new Real-Time Kinematic (RTK) and Trimble RTX positioning engine. It will reduce both the time in the field and the need for using conventional techniques such as using a total station.