South Korea LiDAR technology Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.3 Billion by 2030, growing at a CAGR of 13.7% from 2024 to 2030.
The LiDAR (Light Detection and Ranging) technology market in South Korea has been growing rapidly, fueled by increasing demand across various industries. LiDAR's ability to generate highly accurate, three-dimensional information of the Earth’s surface has made it invaluable for sectors such as construction, agriculture, forestry, urban planning, and autonomous vehicles. As the technology continues to advance, the adoption of LiDAR systems is expected to grow significantly in the coming years. South Korea, a nation at the forefront of technological advancements, is particularly embracing LiDAR for its role in geospatial data collection and analysis. Many industries are now seeking to leverage the capabilities of LiDAR technology to enhance their processes, create more efficient workflows, and improve decision-making. For example, construction companies are increasingly relying on LiDAR for surveying and mapping large-scale infrastructure projects. This technology allows for precise measurements of topography and building structures, helping to reduce errors and improve project timelines.The autonomous vehicle sector is another significant contributor to the growing demand for LiDAR. In South Korea, the development of self-driving cars is accelerating, and LiDAR plays a key role in enabling vehicles to navigate their surroundings with precision. LiDAR systems allow autonomous vehicles to detect obstacles, understand road conditions, and create 3D maps of their environment in real-time. As the government continues to support smart city initiatives, the role of LiDAR technology in traffic management and urban planning is also expanding.LiDAR technology is also finding application in environmental monitoring and conservation efforts. The ability to quickly and accurately map large areas of land has made LiDAR an essential tool for forestry, agriculture, and natural resource management. The data provided by LiDAR systems helps in assessing vegetation health, mapping terrain features, and monitoring changes in ecosystems over time. Industries in South Korea are now looking for LiDAR solutions that offer higher resolution, faster data processing, and greater flexibility. As the market matures, the demand for more cost-effective LiDAR systems that can deliver high-quality data while remaining affordable will also rise. The growing integration of LiDAR with other technologies like AI and IoT is expected to create new opportunities for innovation, especially in the fields of automation and data analysis. The future of South Korea’s LiDAR technology market appears bright, with industries keen to adopt this advanced tool to streamline operations, enhance accuracy, and drive innovation. As technology continues to evolve, the potential applications of LiDAR will expand, making it a cornerstone of modern technological development in South Korea and beyond.
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Airborne Hydrography
Applied Imagery
Zephir LiDAR
Lesophere
Avent LiDAR Technology
Grind GIS
Valedyne
DEWI
Geonica
Kintech Engineering
Teledyne Optech
Leica Geosystems
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea LiDAR technology Market
Laser Scanners
GPS and GNSS
IMU (Inertial Measurement Unit)
Software
Data Processing Units
Hardware
Software
Services
Aerial LiDAR
Terrestrial LiDAR
Mobile LiDAR
Bathymetric LiDAR
Surveying
Mapping
Forestry and Agriculture
Engineering and Construction
Environmental Monitoring
Transportation and Logistics
Infrastructure
Aerospace and Defense
Mining and Minerals
Utilities and Energy
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea LiDAR technology Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea LiDAR technology Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea LiDAR technology Market, By Type
6. South Korea LiDAR technology Market, By Application
7. South Korea LiDAR technology Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea LiDAR technology Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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