Asia pacific LiDAR market

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Asia-Pacific LiDAR Market is Estimated to Reach $235,225.8 Thousand by 2019 The Asia-Pacific LiDAR market was valued at $46,583.4 thousand in 2014 and is expected to reach $235,225.8 thousand by 2019, at a CAGR of 38.2% during the forecast period of 2014 to 2019.

The market is estimated to reach $235,225.8 thousand by 2019

LiDAR is one of the most advanced and accurate methods among the commercially available digital mapping techniques, currently. Due to the numerous advantages offered by Light Detection and Ranging systems over the traditional and conventional mapping techniques, these systems are being extensively deployed in applications such as topography surveys, volumetric mapping, military & defense, aerospace, and so on. The major countries contributing towards the Light Detection and Ranging market in the Asia-Pacific region are China, Japan, India, South Korea, and Taiwan. Currently, China is the largest contributor to the Asia-Pacific LiDAR market, and is expected to grow at a CAGR of 46.9% during the given forecast period. Browse through the TOC of Asia-Pacific Light Detection and Ranging market for an analysis of industry trends, segments & forecasts.

http://www.micromarketmonitor.com/market/asia-pacific-lidar-7670395971.html On the basis of product types, the market has been segmented into airborne, terrestrial, mobile, and short range. The short range LiDAR segment is the fastest-growing type of systems, among almost all the application verticals in the APAC Light Detection and Ranging market. It is expected that the demand for the mobile Light Detection and Ranging type will increase significantly in the coming years due to the convenience and user experience that these systems offer. Thus, many companies are in pursuit to harness this potential in the mobile LiDAR segment. Email: sales@micromarketmonitor.com

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