Report Overview

LiDAR-based digital terrain models' improved spatial resolution provides more accurate information in applications including inland waterways, change detection on hillsides, and water runoff for mining and agricultural areas. It helps organizations in increasingly automating their processes to save labor and boost productivity. These benefits are expected to boost the growth of the India LiDAR Market during the forecast period between 2023 and 2029.

India LiDAR Market – Industry Trends & Forecast Report, 2029

India LiDAR market size was estimated at USD 367.5 million in 2022. During the forecast period between 2023 and 2029, the INDIA LiDAR market size is projected to grow at a CAGR of 22.04% reaching a value of USD 1,481.7 million by 2029. LiDAR-based digital terrain models' improved spatial resolution enables them to be more accurate in applications including inland waterways, change detection on hillsides, and water runoff for mining and agricultural areas. The market is expected to develop due to LiDAR being increasingly automated to save labour and boost productivity.

India LiDAR Market – Overview

LiDAR, which stands for Light Detection and Ranging, is a remote sensing technology that uses laser light to measure distances and create detailed three-dimensional (3D) representations of objects and environments. The LiDAR system measures the time it takes for each pulse to return to the sensor. Because the speed of light is constant, this time delay can be used to calculate the distance between the LiDAR sensor and the object or surface. By emitting many laser pulses per second and measuring their return times, LiDAR systems can gather a dense set of distance measurements to various points in the environment.

India LiDAR Market

Growth Drivers

Growing Demand from Government Enterprises & Organizations

The increasing demand for LiDAR technology from the Indian government is a pivotal driver propelling the growth of the LiDAR market in the country. The government's heightened interest in LiDAR stems from its acknowledgement of the technology's multifaceted potential across various sectors. The Union Environment Minister unveiled the Detailed Project Reports (DPRs) for a LiDAR-based forest area survey in ten Indian states, including Assam, Bihar, Chhattisgarh, Goa, Jharkhand, Madhya Pradesh, Maharashtra, Manipur, Nagaland, and Tripura. This project was awarded to WAPCOS, a Mini Ratna PSU under the Jal Shakti Ministry, in July 2020, with a budget exceeding Rs. 18 crore. It aids in infrastructure development by providing accurate geospatial data and expediting project planning and execution. Also, it supports environmental monitoring and disaster management efforts, including forest management and flood modelling. Additionally, in the context of urban planning, LiDAR assists in land-use mapping and monitoring urban growth patterns, aligning with sustainable urbanization objectives.

Restraints

High cost of LiDAR systems

LiDAR systems are intricate and sophisticated, requiring precision engineering, high-quality components, and advanced software for data processing and interpretation. This complexity can drive up manufacturing and development costs. The continual advancement of LiDAR technology demands significant investment in research and development (R&D). These costs are often passed on to consumers. The LiDAR market, especially in certain regions like India, may not have the economies of scale enjoyed by larger markets, leading to higher per-unit costs.

Impact of COVID-19 on India LiDAR Market

The COVID-19 pandemic significantly impacted the India LiDAR (Light Detection and Ranging) market in several ways. Initially, the market experienced disruptions in supply chains, causing delays in the delivery of LiDAR components and systems. Travel restrictions and lockdowns also hindered on-site LiDAR data collection and surveying activities, affecting project timelines. The economic uncertainties brought about by the pandemic led to budget cuts in various sectors, impacting infrastructure development projects and slowing down investments in LiDAR technology. However, as the pandemic unfolded, the LiDAR market exhibited resilience and adaptability. Remote work and digitalization gained prominence, leading to increased demand for LiDAR data in sectors such as agriculture, forestry, and environmental monitoring. The need for efficient healthcare infrastructure and disaster management strategies also drove LiDAR adoption. Furthermore, LiDAR technology found applications in COVID-19 response efforts, such as mapping quarantine zones and monitoring social distancing compliance.

India LiDAR Market

Segmental Coverage

India LiDAR Market – By Type

Based on type, the India LiDAR market is divided into terrestrial, aerial, mobile, and short range. The terrestrial segment accounts for the highest market share. India has been investing heavily in infrastructure projects, including roads, bridges, and railways. Terrestrial LiDAR is used for surveying and monitoring the progress of such projects, improving accuracy and efficiency. Rapid urbanization in India has led to increased demand for accurate city modeling, land-use planning, and monitoring. Terrestrial LiDAR technology plays a crucial role in creating detailed 3D city models. India is rich in historical and cultural heritage sites. Terrestrial LiDAR is used for heritage conservation, documentation, and archaeological research to preserve and study these sites.

India LiDAR Market – By Component

Based on component, the India LiDAR market is segmented into laser, inertial navigation system, camera, GPS GNSS, and micro electro mechanical system. The laser segment holds the highest share in the India LiDAR market. India has been investing significantly in infrastructure projects, including roads, railways, airports, and smart cities. LiDAR technology, which often uses laser sensors, plays a critical role in surveying, mapping, and monitoring the progress of these projects. Rapid urbanization in India has led to the need for accurate geospatial data for city planning and development. Laser-based LiDAR systems are used for creating detailed 3D city models, managing land use, and assessing urban infrastructure.

India LiDAR Market – By Application

Based on application, the India LiDAR market is split into corridor mapping, seismology, exploration & detection, and others. The corridor mapping segment accounts for the highest market share. India has been investing significantly in the expansion and improvement of transportation networks, including roads and railways. Corridor mapping using LiDAR is essential for route planning, design, and monitoring of these infrastructure projects. With rapid urbanization, many Indian cities are expanding and modernizing their transportation systems. Corridor mapping is used to plan and optimize road networks and public transportation systems in urban areas.

India LiDAR Market – By End User

Based on end user, the India LiDAR market is segmented into civil engineering, archaeology, forestry & agriculture, mining, transportation, and defense & aerospace. The civil engineering department dominates the Indian LiDAR market. India has been investing heavily in infrastructure projects, including roads, bridges, airports, and railways. LiDAR technology is used for topographic surveys, terrain modeling, and monitoring the progress of construction projects, enhancing accuracy and efficiency. Rapid urbanization has led to the development of smart cities and the expansion of urban areas. LiDAR is utilized in urban planning, transportation system design, and land-use analysis to accommodate growing populations.

India LiDAR Market – By Region

 

Based on region, the India LiDAR market is divided into North India, South India, East India, and West India. North India is expected to grow at the fastest rate during the forecast period. North India, including states like Delhi, Haryana, Punjab, and Uttar Pradesh, has been witnessing significant infrastructure development, including highways, railways, airports, and urban expansion. LiDAR technology is used for surveying, mapping, and monitoring these projects. Rapid urbanization in cities like Delhi and Chandigarh has led to increased demand for geospatial data for urban planning, transportation systems, and land-use management. LiDAR plays a crucial role in creating detailed 3D city models.

Competitive Landscape

Major players operating in India LiDAR market include Ecosmob Technologies, GeoSpatial World, Hexagon India, Igisoft, Microgeo Services, Navcom India, Optech India, Precision Geo Services, Sivananda, Electronics, Surtech, and Trimble India. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In May 2022 - RoboSense LiDAR, a provider of smart LiDAR system technology, and dSPACE, a manufacturer of simulation and validation tools, formed a partnership to incorporate numerous RoboSense LiDAR sensors into the dSPACE simulation and validation toolchain in order to hasten the creation, testing, and validation of LiDAR in intelligent driving applications.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2022
	Base Year – 2022
	Estimated Year – 2023
	Forecast Period – 2023–2029
Facts Covered	Revenue in USD Million
Market Coverage	India
Product/ Service Segmentation	Type, Component, Application, End User, Region
Key Players	Ecosmob Technologies, GeoSpatial World, Hexagon India, Igisoft, Microgeo Services, Navcom India, Optech India, Precision Geo Services, Sivananda, Electronics, Surtech, Trimble India

 

By Type

• Terrestrial

• Aerial

• Mobile

• Short Range

By Component

• Laser

• Inertial Navigation System

• Camera

• GPS GNSS

• Micro electro mechanical system

By Application

• Corridor Mapping

• Seismology

• Exploration and Detection

• Others

By End User

• Civil Engineering

• Archaeology

• Forestry & Agriculture

• Mining

• Transportation

• Defense & Aerospace

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India LiDAR Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing demand from the government
         2. Rising demand from the construction industry
      2. Restraint
         1. High cost of LiDAR systems
         2. Lack of awareness
      3. Opportunities
         1. Growing adoption of LiDAR in new applications
         2. Increasing investments in the LiDAR industry
      4. Challenges
         1. Environmental factors
         2. Security and privacy concerns
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India LiDAR Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Terrestrial
         2. Aerial
         3. Mobile
         4. Short Range
      2. By Component
         1. Laser
         2. Inertial Navigation System
         3. Camera
         4. GPS GNSS
         5. Micro electro mechanical system
      3. By Application
         1. Corridor Mapping
         2. Seismology
         3. Exploration and Detection
         4. Others
      4. By End User
         1. Civil Engineering
         2. Archaeology
         3. Forestry & Agriculture
         4. Mining
         5. Transportation
         6. Defense & Aerospace
      5. By Region
         1. North India
         2. South India
         3. East India
         4. West India
5. North India LiDAR Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Component
      3. By Application
      4. By End User
6. South India LiDAR Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Component
      3. By Application
      4. By End User
7. East India LiDAR Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Component
      3. By Application
      4. By End User
8. West India LiDAR Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Component
      3. By Application
      4. By End User
9. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. India LiDAR Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid–19 on India LiDAR Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Ecosmob Technologies
    2. GeoSpatial World
    3. Hexagon India
    4. Igisoft
    5. Microgeo Services
    6. Navcom India
    7. Optech India
    8. Precision Geo Services
    9. Sivananda Electronics
    10. Surtech
    11. Trimble India
    12. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

 

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

List of Figures

 

Figure 1       India LiDAR Segmentation

Figure 2       India LiDAR Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       India LiDAR Market Size, By Value (USD Million), 2019–2029

Figure 5       India LiDAR Market Share, By Type, By Value, 2019–2029

Figure 6       India LiDAR Market Share, By Component, By Value, 2019–2029

Figure 7       India LiDAR Market Share, By Application, By Value, 2019–2029

Figure 8       India LiDAR Market Share, By End User, By Value, 2019–2029

Figure 9       North India LiDAR Market Size, By Value (USD Million), 2019–2029

Figure 10     North India LiDAR Market Share, By Type, By Value, 2019–2029

Figure 11     North India LiDAR Market Share, By Component, By Value, 2019–2029

Figure 12     North India LiDAR Market Share, By Application, By Value, 2019–2029

Figure 13     North India LiDAR Market Share, By End User, By Value, 2019–2029

Figure 14     South India LiDAR Market Size, By Value (USD Million), 2019–2029

Figure 15     South India LiDAR Market Share, By Type, By Value, 2019–2029

Figure 16     South India LiDAR Market Share, By Component, By Value, 2019–2029

Figure 17     South India LiDAR Market Share, By Application, By Value, 2019–2029

Figure 18     South India LiDAR Market Share, By End User, By Value, 2019–2029

Figure 19     East India LiDAR Market Size, By Value (USD Million), 2019–2029

Figure 20     East India LiDAR Market Share, By Type, By Value, 2019–2029

Figure 21     East India LiDAR Market Share, By Component, By Value, 2019–2029

Figure 22     East India LiDAR Market Share, By Application, By Value, 2019–2029

Figure 23     East India LiDAR Market Share, By End User, By Value, 2019–2029

Figure 24     West India LiDAR Market Size, By Value (USD Million), 2019–2029

Figure 25     West India LiDAR Market Share, By Type, By Value, 2019–2029

Figure 26     West India LiDAR Market Share, By Component, By Value, 2019–2029

Figure 27     West India LiDAR Market Share, By Application, By Value, 2019–2029

Figure 28     West India LiDAR Market Share, By End User, By Value, 2019–2029

 

List of Tables

 

Table 1        India LiDAR Market Size, By Value (USD Million), 2019–2029

Table 2        India LiDAR Market Share, By Type, By Value, 2019–2029

Table 3        India LiDAR Market Share, By Component, By Value, 2019–2029

Table 4        India LiDAR Market Share, By Application, By Value, 2019–2029

Table 5        India LiDAR Market Share, By End User, By Value, 2019–2029

Table 6        North India LiDAR Market Size, By Value (USD Million), 2019–2029

Table 7        North India LiDAR Market Share, By Type, By Value, 2019–2029

Table 8        North India LiDAR Market Share, By Component, By Value, 2019–2029

Table 9        North India LiDAR Market Share, By Application, By Value, 2019–2029

Table 10      North India LiDAR Market Share, By End User, By Value, 2019–2029

Table 11      South India LiDAR Market Size, By Value (USD Million), 2019–2029

Table 12      South India LiDAR Market Share, By Type, By Value, 2019–2029

Table 13      South India LiDAR Market Share, By Component, By Value, 2019–2029

Table 14      South India LiDAR Market Share, By Application, By Value, 2019–2029

Table 15      South India LiDAR Market Share, By End User, By Value, 2019–2029

Table 16      East India LiDAR Market Size, By Value (USD Million), 2019–2029

Table 17      East India LiDAR Market Share, By Type, By Value, 2019–2029

Table 18      East India LiDAR Market Share, By Component, By Value, 2019–2029

Table 19      East India LiDAR Market Share, By Application, By Value, 2019–2029

Table 20      East India LiDAR Market Share, By End User, By Value, 2019–2029

Table 21      West India LiDAR Market Size, By Value (USD Million), 2019–2029

Table 22      West India LiDAR Market Share, By Type, By Value, 2019–2029

Table 23      West India LiDAR Market Share, By Component, By Value, 2019–2029

Table 24      West India LiDAR Market Share, By Application, By Value, 2019–2029

Table 25      West India LiDAR Market Share, By End User, By Value, 2019–2029

Table 26      Ecosmob Technologies Company Overview

Table 27      Ecosmob Technologies Financial Overview

Table 28      GeoSpatial World Company Overview

Table 29      GeoSpatial World Financial Overview

Table 30      Hexagon India Company Overview

Table 31      Hexagon India Financial Overview

Table 32      Igisoft Company Overview

Table 33      Igisoft Financial Overview

Table 34      Microgeo Services Company Overview

Table 35      Microgeo Services Financial Overview

Table 36      Navcom India Company Overview

Table 37      Navcom India Financial Overview

Table 38      Optech India Company Overview

Table 39      Optech India Financial Overview

Table 40      Precision Geo Services Company Overview

Table 41      Precision Geo Services Financial Overview

Table 42      Sivananda Electronics Company Overview

Table 43      Sivananda Electronics Financial Overview

Table 44      Surtech Company Overview

Table 45      Surtech Financial Overview

Table 46      Trimble India Company Overview

Table 47      Trimble India Financial Overview

Table 48      March Networks Corporation Company Overview

Table 49      March Networks Corporation Financial Overview

Table 50      Other Prominent Players Company Overview

Table 51      Other Prominent Players Financial Overview