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Yahoo
22-05-2025
- Business
- Yahoo
Light Detection and Ranging [LiDAR] Market Size worth $4.71 billion by 2030 - Exclusive Report by The Research Insights
CHICAGO, May 22, 2025 /PRNewswire/ -- The global LiDAR Market size value in 2025 is projected to be valued at USD 2.99 billion and revenue forecast by 2030 to reach USD 4.71 billion, growing at a CAGR of 9.5% according to a latest report by The Research Insights. The Light Detection and Ranging [LiDAR] Market sees significant transformation through LiDAR-as-a-Service (LaaS) which enables flexible and economical access to precise spatial data for multiple users. The conventional LiDAR systems model demanded substantial financial resources for hardware and software procurement and the hiring of specialized staff. For More Information and To Stay Updated on The Latest Developments in The LiDAR Market Size, Download FREE Sample Pages: The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the LiDAR market growth of 9.5% comprises a range of component, product type, application and geography which are expected to register strength during the coming years. Market Overview and Growth Trajectory: LiDAR Market Growth: According to an exhaustive report by The Research Insights, the LiDAR Market Share by Company is experiencing significant growth, driven by silent yet transformative revolution of open-source software in the LiDAR market. Working with LiDAR data required expensive proprietary tools which only organizations with substantial funding could purchase for many years. PDAL, QGIS and CloudCompare now enable straightforward processing and analysis of complex point cloud data. The availability of open-source tools now allows broader access to LiDAR technology beyond its traditional user base. This development is initiating fresh waves of innovation throughout the LiDAR market. Adoption of LiDAR in Industrial Robotics and Manufacturing Automation: LiDAR is emerging as a pivotal technology in the advancements of industrial robotics and manufacturing automation. The LiDAR market is experiencing remarkable growth beyond its historical uses in autonomous vehicles and mapping as its technology now establishes dominance in warehouse operations and factory settings. Distribution centers and manufacturing floors demand non-negotiable precision alongside safety and efficiency. LiDAR technology enables smart robots to operate in real time using 3D perception which facilitates their navigation through complicated spaces while detecting obstacles and adapting to changing conditions without GPS dependency. LiDAR proves essential to warehouse automation because autonomous mobile robots (AMRs) use it to transport goods and avoid collisions while efficiently collaborating with human workers. The expanding use of LiDAR technology demonstrates its evolution beyond outdoor mapping and autonomous vehicles. LiDAR has established itself as a key component in advancing automation technology. The LiDAR market will enable smart factories and autonomous systems through ongoing innovation and market acceptance to become fundamental components of Industry 4.0. For Detailed Market Size, Share, Growth Insights, Visit: Increased Use in AR/VR and Smartphones: Today's LiDAR market extends beyond its traditional use in mapping tools and self-driving cars as this technology reaches consumer devices like smartphones. Tech leaders such as Apple have embedded LiDAR sensors into their smartphones and tablets making this technology more readily available to consumers. The growth of consumer electronics adopting LiDAR technology signifies a substantial market expansion. LiDAR technology transforms daily life through its applications in augmented reality home improvement, virtual shopping experiences and educational tools. Virtual and augmented reality headsets experience this LiDAR market expansion. Real-time mapping of physical spaces through LiDAR technology boosts spatial awareness and safety in immersive applications. Mixed-reality devices use LiDAR technology to comprehend user environments which enables intuitive and natural user interactions. LiDAR technology pioneers' advancements by enhancing user experiences and pushing new possibilities in the consumer tech LiDAR market as we witness the merging of physical and digital realms. The Airborne LiDAR System, a Top Choice for Large-Scale Mapping: The airborne segment dominates the LiDAR market because it provides wide-area coverage and high-resolution data essential for topographic surveys as well as flood modeling and forestry analysis and infrastructure planning applications. Fixed-wing aircraft remain the primary choice for this segment because they move over large spaces efficiently while drones equipped with LiDAR are becoming increasingly popular for their maneuverability and low operating costs in difficult-to-access areas. Airborne LiDAR's rapid creation of precise 3D representations across vast expanses renders it essential to government bodies and engineering companies alongside environmental groups. Technological improvements in sensor size reduction and data processing power help airborne LiDAR continue its market dominance because it delivers unmatched accuracy and adaptability for mapping projects across different environments. Geographical Insights: North America leads the LiDAR market with a market share of 32% in 2024 because of significant government funding for autonomous vehicle development and defense system modernization along with infrastructure project investments. North America's LiDAR market share grows stronger due to major industry players like Velodyne, Teledyne, and Faro Technologies, Inc. as well as the LiDAR technology's early implementation in automotive and environmental monitoring sectors. The LiDAR market experiences its fastest growth in the Asia Pacific region due to rapid urbanization and smart technology adoption alongside government-backed projects in China, Japan, South Korea, and India. The development of local LiDAR makers together with LiDAR technology being integrated into consumer devices like smartphones and robotics creates powerful market expansion. Europe continues to make significant contributions to the worldwide LiDAR market due to its tough environmental laws and ongoing sustainability efforts. Stay Updated on The Latest LiDAR Market Share & Trends: LiDAR Market Segmentation and Geographical Insights: Based on component, the market is divided into GPS, Navigation (IMU), laser scanners and others. The laser scanners segment held the largest share of the LiDAR market Share by Company in 2024. Based on product type, the market is divided into airborne, terrestrial and mobile & UAV. The airborne segment held the largest share of the LiDAR market in 2024. Based on application, the market is divided into corridor mapping, engineering, environment, exploration, ADAS and others. The corridor mapping segment accounted for a larger share of the LiDAR market Share by Company in 2024. The LiDAR market is segmented into five major regions: North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. Key Players and Competitive Landscape: The LiDAR Market Share by Company is characterized by the presence of several major players, including: Faro Technologies, Inc. GeoDigital Hesai Group Innoviz Technologies Ltd. Leica Geosystem Holdings AG Quantum Spatial, Inc. RIEGL USA, Inc. Sick AG Teledyne Optech Incorporated Trimble Navigation Limited Velodyne LiDAR, Inc. YellowScan These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. Purchase Premium Copy of Global LiDAR Market Size and Growth Report (2025-2030) at: LiDAR Market Share by Company, Recent Developments and Innovations: In September 2024, Teledyne Geospatial announced the launch of its new products and solutions, including the Galaxy Edge airborne LiDAR system and the Network Surveyor, at the INTERGEO 2024 event. This launch aims to provide advanced real-time data processing capabilities for enhanced mapping and analysis. In August 2024, YellowScan collaborated with Nokia, a Telecommunications company in Finland, to integrate the YellowScan Surveyor Ultra LiDAR scanner into Nokia's Drone Networks. This collaboration aims to transform industrial operations through automated 5G-based LiDAR scanning for applications such as telecommunications towers and utility inspections. In June 2024, Innoviz Technologies Ltd. announced a collaboration with an automotive OEM to improve its Level 4 autonomous vehicle functionalities by integrating Innoviz's new short-range LiDAR sensors into the OEM's platform. The short-range LiDAR, part of the InnovizTwo product platform, is designed for light commercial vehicles and aims to support the growing demand for safe and efficient autonomous driving solutions. For Region-Specific LiDAR Industry Data, Check Out Brief FREE Sample Pages: Conclusion: The LiDAR market is undergoing fast-paced development due to new technological innovations and decreasing costs along with growing applications in multiple industrial sectors. Airborne LiDAR systems remain the primary choice for extensive mapping and infrastructure initiatives as UAV-based LiDAR systems gain popularity due to their adaptability and cost-effectiveness. LiDAR-as-a-Service (LaaS) enables small and medium enterprises to access technology while open-source platforms make it easier for developers and researchers to participate. Even though LiDAR faces obstacles with substantial initial expenses and unclear regulatory frameworks the market looks very promising going forward because industries across the globe continue to focus on automation spatial intelligence and data-driven decision-making which will drive steady market expansion. LiDAR technology is evolving from a specialized application to a primary driver of digital transformation. The report from The Research Insights, therefore, provides several stakeholders—including component suppliers, LiDAR system manufacturers, data processing providers, system integrators and end users —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 4.71 billion by 2030, the LiDAR Market represents a significant opportunity for component suppliers, LiDAR system manufacturers, data processing providers, system integrators, end-users, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape. Need A Diverse Region or Sector? Customize LiDAR Industry Research to Suit Your Requirement: Check out more related studies published by The Research Insights: Industrial Automation and Control Systems Market - The global industrial automation and control systems market size is expected to reach USD 378.57 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 10.8% from 2025 to 2030. The increasing need for efficiency, precision, and safety across various manufacturing industries. As businesses seek to minimize human error and maximize productivity, automation solutions such as robotics, artificial intelligence, and IoT-based control systems are gaining widespread adoption. Nanorobots Market - The global nanorobots market size is expected to reach USD 20.45 billion by 2030, according to a new report by The Research Insights. It is projected to register a CAGR of 15.4% during the forecast period, attributed to several key factors, including the growing adoption of biocompatible materials like graphene and carbon nanotubes in medical applications, which ensures safety and reliability. Collision Avoidance System Market - The global collision avoidance system market size is anticipated to reach USD 157.47 billion by 2030 and is projected to grow at a CAGR of 11.4% from 2023 to 2030, according to a new report by The Research Insights. The market has witnessed substantial expansion over the past few years, largely driven by advancements in LiDAR, camera, radar, and ultrasound technologies. Commercial Radars Market - The global commercial radars market size is anticipated to reach USD 10.66 billion by 2030, according to a new report by The Research Insights, expanding at a CAGR of 7.6% from 2024 to 2030. The global commercial radars market is poised for significant growth, driven by an expanding array of applications across multiple sectors. Browse More related reports on Technology Market – About The Research Insights: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Website: Logo: View original content to download multimedia: SOURCE The Research Insights Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-03-2025
- Politics
- Yahoo
Caddo, Natchitoches public defenders contracts axed by governor's appointee
CADDO PARISH, La. (KTAL/KMSS)—Five District Public Defenders in Louisiana learned that their contracts will not be renewed, including the 1st Judicial District Defender in Caddo and the 10th Judicial District Defender in Natchitoches Parishes. The Public Defender Association of Louisiana (PDAL) announced an emergency meeting to discuss public defenders' contracts in response to emails sent to DPDs, which was held on February 27, 2025, informing each individual that their contracts would not be renewed for the 2026 fiscal year. Additionally, the remaining 32 DPDs were required to schedule individual meetings with State Public Defender Remy Voisin Starns to 'review' their contracts. PDAL issued a statement saying, 'PDAL opposes the State Public Defender's continued pattern of exceeding his statutory authority and the multitude of decisions that run contrary to the American Bar Association's Ten Principles of a Public Defense Delivery System. Most notably, Principle 1 entitled Independence reads in pertinent part as follows: Public Defense Providers and their lawyers should be independent of political influence… [and] [t]he selection of the head of the Public Defense Provider, as well as lawyersand staff, should be based on relevant qualifications…[n]either the chief defender norstaff should be removed absent a showing of good cause. Lawmakers seek to expand juvenile felonies through Louisiana constitutional amendment The mention of 'political influence' refers to a move made by Louisiana Governor Jeff Landry in 2024 in his efforts to reform the State Public Defender's Office. The move increased the governor's power over public defenders by creating an office of the state public defender and hand-selecting a head, essentially muting the power and autonomy of the existing Louisiana Public Defender Board. Starns was Landry's chosen leader for the newly created office. During a state legislative hearing, Michelle AndrePont, from the Caddo Parish Public Defender's Office, was among those to testify – primarily related to her office's budget and pay for its defense attorneys, which has been the subject of ongoing debate and frustration for board members and public defenders. In a statement, the five DPDs whose contracts will not be renewed issued the following statement. We remain steadfast in our belief that opting to testify before the Louisiana Legislature inattempts to maintain the independence of the Louisiana Public Defender System was notonly the right decision but our duty as public defense leaders. We believe independence iscrucial to a functioning criminal legal system. Additionally, all District Public Defendersand line defenders must be free from political influence. Termination without cause forspeaking out is the antithesis of that freedom. We are also very proud of our continued work with Governor Landry's newly appointedLouisiana Public Defender Oversight Board (LPDOB) to establish objective criteria forfair compensation of District Public Defenders. We have privately and publicly supportedthe Board's plan, despite the State Public Defender's objection to it, because it valuesfull-time public defense leaders and long-term service to the public defense system. Webelieve Lousiana citizens deserves leaders who are as committed and hard working asthey are. For voicing these beliefs, we face termination without cause. Our contract non-renewal flies in the face of the bedrock American value of Freedom ofSpeech codified in the First Amendment. We are hopeful that Governor Jeff Landry willsupport the Constitution and uphold the ideal of public defense independence. The public defenders say they will continue advocating 'on behalf of the Public Defense System in opposition to any abuse of statutory authority.' A meeting of the Louisiana Public Defender Oversight Board (LPDOB), as mandated by the Louisiana Legislature, is scheduled for late March. The association expects the decision not to renew the contracts of the five District Defenders and the 'review' of the others will be part of the meeting's agenda. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
