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Wind Light Detection and Ranging (LiDAR) Market Size [2031]
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Wind Light Detection and Ranging (LiDAR) Market Size [2031]

Segments - Wind Light Detection and Ranging (LiDAR) Market by Type (Large Doppler Wind LiDAR and Compact Doppler Wind LiDAR), Installation Type (Air-based and Ground-based), Application (Wind Power Measurement, Air Traffic Safety Monitoring, and Weather & Climate), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/akash
Author : Akash Vedpathak
https://growthmarketreports.com/Vaibhav
Fact-checked by : V. Chandola
https://growthmarketreports.com/Shruti
Editor : Shruti Bhat

Upcoming | Report ID :AL-5156 | 4.4 Rating | 69 Reviews | 211 Pages | Format : PDF Excel PPT

Report Description


The global wind light detection and ranging (LiDAR) market size was USD XX Mn in 2022 and is expected to reach USD XX Mn by 2031, expanding at a CAGR of XX% during 2023–2031. Increasing investments in LiDAR startups by various enterprises is anticipated to boost the market during the forecast period.

A light detection and ranging (LiDAR) system is employed to measure the speed of wind at high elevations. Wind LiDAR systems shoot laser beams into the sky. Laser beams hit aerosols and particles in the air and reflect back. This process aids in the measurement of height as the process requires a certain time period. These height measurements are used in the feedforward control system. LiDAR-based control systems react to wind turbulence and gusts.

Wind Light Detection and Ranging Market Outlook

LiDAR is installed on top of a standalone floating structure similar to a buoy to collect wind data. This helps to gain reliable insights vital to construct an offshore wind farm. Wind farm operators measure the wind in front of running turbines with the help of several laser beams and measuring devices. ESA research launched the satellite Aeolus which uses LiDAR technology. It carries an instrument called Doppler wind LiDAR that produces wind profiles by measuring wind sweep around our planet.

The research report finds that the COVID-19 pandemic hindered several prominent industries and adversely affected the lifestyle of individuals. Government implemented social distancing to curb the outbreak of COVID-19. New strains of coronavirus found to be more infectious and fatal than the earlier ones. These emerging strains are anticipated to fuel investments in diagnostics kits and their procurement. Additionally, LiDAR startups witness substantial investments by OEMs and automotive giants, due to the rising demand for LiDAR from the global automotive industry.

Wind Light Detection and Ranging (LiDAR) Market Dynamics

Wind Light Detection and Ranging Market Dynamics

Major Drivers

Rising consumer spending and rapid urbanization are anticipated to fuel the market during the forecast period. Moreover, the growing use of modern technologies in agriculture further propels the market. Modern technology such as yield mapping software, mapping software, variable rate technology (VRT), data management software, and global positioning system (GPS) are used to reduce the cost of farming, profitability and fertility, and facilitate sustainable agriculture. 

Existing Restraints

Limited availability of geospatial data is projected to hinder the market in the coming years. Furthermore, the availability of lightweight and low-cost photogrammetry systems is likely to restrain the market.

Emerging Opportunities

Rising adoption of flash LiDAR, solid-state, MEMS, and other LiDAR technologies is anticipated to create lucrative opportunities for market players. Intense competition among various manufacturers and technological advancements in the semiconductor industry is expected to create opportunities in the market.

Scope of the Wind Light Detection and Ranging (LiDAR) Market Report

The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Wind Light Detection and Ranging (LiDAR) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Type (Large Doppler Wind LiDAR and Compact Doppler Wind LiDAR), Installation Type (Air-based and Ground-based), and Application (Wind Power Measurement, Air Traffic Safety Monitoring, and Weather & Climate)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast

Key Players Covered in the Report

Windar Photonics; SgurrEnergy; Lockheed Martin; Avent; Mitsubishi Electric; Pentalum; ZephIR; and Leosphere

Wind Light Detection and Ranging (LiDAR) Market Segment Insights

Based on type, the wind light detection and ranging (LiDAR) market is segmented into large doppler wind LiDAR and compact doppler wind LiDAR. The large doppler wind LiDAR segment is projected to register a considerable share of the market in the coming years, owing to the rising demand for engineering applications and scientific research. The compact doppler wind LiDAR segment is estimated to expand at a substantial CAGR during the forecast period, as it is used for controlling the operation of wind turbines.

Wind Light Detection and Ranging Market Type

On the basis of installation type, the market is segregated into air-based and ground-based. The air-based segment is projected to expand at a considerable CAGR during the forecast period. Air-based LiDAR is able to map wide areas in a minimum time and low cost with an accuracy of measurements. The ground-based segment is anticipated to account for a major share of the market during the forecast period, as ground-based LiDAR is used to collect short-range and localized data. It has importance in geomatics, geodesy, surveying, archeology, and geology.     

Based on application, the market is divided into wind power measurement, air traffic safety monitoring, and weather & climate. The weather & climate segment is expected to hold a significant share of the market in the coming years, as wind LiDAR is able to characterize wake turbulence. It gives detailed information about atmospheric temperature and wind speed and direction for all meteorological applications. The air traffic safety monitoring segment accounts for a significant share of the market, as LiDAR helps in wind hazard and turbulence monitoring.

Wind Light Detection and Ranging Market Application

In terms of region, the global wind light detection and ranging (LiDAR) market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the forecast period, owing to the adoption of LiDAR technology in the region. LiDAR technology is highly used in India and Japan for mapping and surveying operations. In Japan, LiDAR systems is used in the automobile industry to detect obstructions, sense the environment, aid in orientation, and measure distances. The market in Europe is anticipated to expand at a rapid pace during the forecast period, due to the presence of key market players in the region.

Wind Light Detection and Ranging Market Region

Segments

The global wind light detection and ranging (LIiDAR) market has been segmented on the basis of

Type

  • Large Doppler Wind LiDAR
  • Compact Doppler Wind LiDAR

Installation Type

  • Air-based
  • Ground-based

Application

  • Wind Power Measurement
  • Air Traffic Safety Monitoring
  • Weather & Climate

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the global wind light detection and ranging (LiDAR) market are Windar Photonics; SgurrEnergy; Lockheed Martin; Avent; Mitsubishi Electric; Pentalum; ZephIR; and Leosphere.

Some of the major companies in the market have launched advanced products and adopted key strategies to meet customer demands. Major players are participating in joint ventures, acquisitions, and partnerships to create common technology platform and share some technological requirements, which in turn, increase their market share and increase their product portfolio.

Wind Light Detection and Ranging Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wind Light Detection and Ranging (LiDAR) Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Wind Light Detection and Ranging (LiDAR) Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Wind Light Detection and Ranging (LiDAR) Market - Supply Chain
  4.5. Global Wind Light Detection and Ranging (LiDAR) Market Forecast
     4.5.1. Wind Light Detection and Ranging (LiDAR) Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Wind Light Detection and Ranging (LiDAR) Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Wind Light Detection and Ranging (LiDAR) Market Absolute $ Opportunity
5. Global Wind Light Detection and Ranging (LiDAR) Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Types
     5.3.1. Large Doppler Wind LiDAR
     5.3.2. Compact Doppler Wind LiDAR
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Wind Light Detection and Ranging (LiDAR) Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Applications
     6.3.1. Wind Power Measurement
     6.3.2. Air Traffic Safety Monitoring
     6.3.3. Weather & Climate
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Wind Light Detection and Ranging (LiDAR) Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Wind Light Detection and Ranging (LiDAR) Demand Share Forecast, 2019-2026
8. North America Wind Light Detection and Ranging (LiDAR) Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Types
     8.4.1. Large Doppler Wind LiDAR
     8.4.2. Compact Doppler Wind LiDAR
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Applications
     8.7.1. Wind Power Measurement
     8.7.2. Air Traffic Safety Monitoring
     8.7.3. Weather & Climate
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Wind Light Detection and Ranging (LiDAR) Demand Share Forecast, 2019-2026
9. Latin America Wind Light Detection and Ranging (LiDAR) Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Types
     9.4.1. Large Doppler Wind LiDAR
     9.4.2. Compact Doppler Wind LiDAR
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Applications
     9.7.1. Wind Power Measurement
     9.7.2. Air Traffic Safety Monitoring
     9.7.3. Weather & Climate
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Wind Light Detection and Ranging (LiDAR) Demand Share Forecast, 2019-2026
10. Europe Wind Light Detection and Ranging (LiDAR) Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Types
     10.4.1. Large Doppler Wind LiDAR
     10.4.2. Compact Doppler Wind LiDAR
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Applications
     10.7.1. Wind Power Measurement
     10.7.2. Air Traffic Safety Monitoring
     10.7.3. Weather & Climate
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Wind Light Detection and Ranging (LiDAR) Demand Share Forecast, 2019-2026
11. Asia Pacific Wind Light Detection and Ranging (LiDAR) Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Types
     11.4.1. Large Doppler Wind LiDAR
     11.4.2. Compact Doppler Wind LiDAR
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Applications
     11.7.1. Wind Power Measurement
     11.7.2. Air Traffic Safety Monitoring
     11.7.3. Weather & Climate
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Wind Light Detection and Ranging (LiDAR) Demand Share Forecast, 2019-2026
12. Middle East & Africa Wind Light Detection and Ranging (LiDAR) Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Types
     12.4.1. Large Doppler Wind LiDAR
     12.4.2. Compact Doppler Wind LiDAR
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Wind Light Detection and Ranging (LiDAR) Market Size and Volume Forecast by Applications
     12.7.1. Wind Power Measurement
     12.7.2. Air Traffic Safety Monitoring
     12.7.3. Weather & Climate
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Wind Light Detection and Ranging (LiDAR) Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Wind Light Detection and Ranging (LiDAR) Market: Market Share Analysis
  13.2. Wind Light Detection and Ranging (LiDAR) Distributors and Customers
  13.3. Wind Light Detection and Ranging (LiDAR) Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Windar Photonics
     13.4.2. SgurrEnergy
     13.4.3. Lockheed Martin
     13.4.4. Avent
     13.4.5. Mitsubishi Electric
     13.4.6. Pentalum
     13.4.7. ZephIR
     13.4.8. Leosphere

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