Japan LiDAR Market Size, Share, and COVID-19 Impact, By Type (Airborne, Terrestrial, Mobile, Short Range, UAV, Other Product Type), By Application (Mapping, Surveillance, Environment, Seismology, Exploration, Detection, Other Applications), By End-User (Automotive, Defense & Aerospace, Construction, Archaeology, Forestry & Agriculture, Mining, Transportation, Healthcare, IT & Telecom, Oil & Gas, Other End-Users) and Japan LiDAR Market Insights Forecasts to 2030
Industry: Electronics, ICT & MediaJapan LiDAR Market Overview
LiDAR can encapsulate the position of a moving object along with surface data with greater accuracy. In addition, it can obtain the 3D topographic information of the object's surface with a high level of accuracy. RADAR, on the other hand, utilizes antennae for reception and transmission, which causes a delay for certain ecological parameters. Furthermore, its characteristics exceed those of RADAR in both accuracy and low latency. Lidar is widely used to create high-resolution maps and has numerous applications, including laser navigation, airborne laser swath mapping (ALSM), laser altimetry, archaeology, geography, geology, geomorphology, seismology, forestry, and geodesy. As a result, the preference for LiDAR systems has changed, accelerating the growth of the Japanese market.
In Japan, the demand for airborne LiDAR quantification equipment has increased rapidly in forestry disciplines such as sustainable forest analyzation, extracting popularisation, monitoring the quantity of woody resource throughput, road infrastructure planning, and highland disaster because it allows researchers to simplify different land structures and deliver the expected forest relevant data. The application of LiDAR in forest management is required as the large number of unharvested forest resources in Japan, together with the absence of forestry labor, tends to result in visible widespread destruction in forest areas that cannot act in the public interest and are vulnerable to sediment-related mountain disasters caused by severe storms and torrential rainfall.
Report Coverage
This research report categorizes Japan LiDAR Market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing Japan's LiDAR Market. Recent market developments and competitive strategies such as market expansion, product launch, and development, partnership, merger, and acquisition have all been included to depict the market's competitive landscape. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japan LiDAR Market.
Japan LiDAR Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Forecast Period: | 2021-2030 |
Historical Data for: | 2020 to 2022 |
No. of Pages: | 120 |
Tables, Charts & Figures: | 94 |
Segments covered: | COVID-19 Impact, By Type, By Application, By End-User, Growth Factor & Challenges |
Companies covered:: | Wired, Thorlabs Inc, QD Laser, Inc., Laser System, Hitachi, Ltd., DEWESoft, DENSO Corporation, Rakuten Group, Inc., Mitsubishi Electric Corporation, Kyoto Space Gamma, Japan Laser Corporation, Excelitas Technologies, LASERCK CORPORATION, Quantum Light Instruments, Ltd., Laser Technica, Advanced Laser Technology, Arktis Radiation Detectors Ltd., Panasonic Corporation, Topcon Positioning Systems Inc., Hamamatsu Photonics, and Matsuya Research & Development and others |
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Driving Factors
LiDAR technology is growing rapidly as the popularity of sophisticated 3D imaging technology grows across a range of security and surveillance operations. In contrast, Japan is home to the world's leading automotive companies, including Lexus, Mazda, Suzuki, Toyota, Honda, Mitsubishi Infinity, Acura, Nissan, ISUZU, and many others. It is anticipated that the government's initiatives to boost the construction industry will help Japan's economy, which is currently being revitalized primarily by a focus on infrastructure development. Furthermore, in Japan, the LiDAR system is a fundamental technology that allows for potential automated systems such as automated, fully automated, and driver assistance. They comprehend the surroundings, aid in perception, detect obstacles, and estimate distances in combination with motion detectors and transponders sensing devices, ensuring higher security as well as efficiency on busy streets and in automated manufacturing sectors. Thus, these factors are expected to boost growth in the LiDAR market during the forecast period.
Reducing operating costs is anticipated to motivate manufacturers to invest in advertising initiatives and raise awareness of LiDAR systems across a variety of industry verticals and geographic areas. For instance, the Tokyo, Japan-based Topcon Corporation primarily produces surveillance equipment like cameras, binoculars, and optical devices. The company's main business activities are split into three categories: positioning smart infrastructure, eye care, and both. The company also works in cutting-edge fields like IT construction and IT agriculture. As a result, the increased utilization of LiDAR systems across various industries is expected to boost the size of the Japanese LiDAR market.
Restraining Factors
However, when compared to standard surveying methods, LiDAR technologies are prohibitively expensive, stifling industry growth. Moreover, the widespread availability of low-cost and mobile laser scanning technologies for surveys and mapping is expected to constrain LiDAR market growth.
Market Segment
- In 2022, the airborne segment is witnessing the highest growth rate over the forecast period.
Based on type, the Japan LiDAR Market is segmented into airborne, terrestrial, mobile, short range, UAV, and other types. The airborne segment is expected to witness the highest growth rate over the forecast period. Airborne LiDAR systems are mounted on aircraft such as planes, helicopters, or drones. It allows for the rapid collection of data sets, making it an ideal solution for monitoring, inspection, and tracking. This approach, when compared to terrestrial options, covers a larger region and maps a larger area in less time. Furthermore, airborne LiDAR is a precise method of creating digital elevation representations.
- In 2021, the mapping segment is witnessing significant CAGR growth over the forecast period.
On the basis of application, the Japan LiDAR Market is segmented into mapping, surveillance, environment, seismology, exploration, detection, and other applications. Among these, mapping is witnessing significant CAGR growth over the forecast period. This growth is due to an increase in demand for LiDAR systems in network and infrastructure management services in various industries such as oil and gas, utilities, roads, railways, and others.
- In 2022, the automotive segment is dominating the market with the largest market share of 35% over the forecast period.
According to end-user, Japan LiDAR Market is divided into automotive, defense & aerospace, construction, archaeology, forestry and agriculture, mining, transportation, healthcare, IT & telecom, oil & gas, and other end-users. The automotive segment dominates the market with a 35% market share over the forecast period. The increasing demand for LiDAR systems in applications such as ADAS and automated vehicles is driving this segment's growth. Rapidly developing LiDAR technologies are extensively utilized by the automotive industry including automated driving systems and low-speed collision-avoiding systems. For self-driving cars to succeed regardless of the human operator, these technologies deliver improved monitoring and assistance functionalities to the operator.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved in Japan's LiDAR Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Wired
- Thorlabs Inc
- QD Laser, Inc.
- Laser System
- Hitachi, Ltd.
- DEWESoft
- DENSO Corporation
- Rakuten Group, Inc.
- Mitsubishi Electric Corporation
- Kyoto Space Gamma
- Japan Laser Corporation
- Excelitas Technologies
- LASERCK CORPORATION
- Quantum Light Instruments, Ltd.
- Laser Technica
- Advanced Laser Technology
- Arktis Radiation Detectors Ltd.
- Panasonic Corporation
- Topcon Positioning Systems Inc.
- Hamamatsu Photonics
- Matsuya Research & Development
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In January 2021, DENSO Corporation announced a collaboration with Aeva, a perception and LiDAR system company based in the United States. In order to measure depth, velocity, and reflectivity in the mass vehicle market, this collaboration focuses on developing new developments in perception and sensing technologies, such as Frequency Modulated Continuous Wave (FMCW) LiDAR.
- In March 2020, The MEMS-equipped new compact LiDAR system from Mitsubishi Electric Corporation, which has a volume of about 900cc, can improve the self-driving car's horizontal vision range and pedestrian detection abilities. In addition, the company intends to create a smaller LiDAR variant with a volume of 350cc or less.
- In November 2020, Excelitas Technologies announced the availability of its second-generation 905nm high-volume pulsed semiconductor laser diode for range finding and industrial LiDAR. The second-generation 905 nm pulsed laser diode features a multi-layer monolithic chip design for greater ranging and lower power consumption, as well as an improved GaAs structure to provide typically 85 W pulsed peak power when driven at 30 A, representing a more than 20% increase over the first-generation product.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented Japan LiDAR Market based on the below-mentioned segments:
Japan LiDAR Market, By Type
- Airborne
- Terrestrial
- Mobile
- Short Range
- UAV
- Other Types
Japan LiDAR Market, By Application
- Mapping
- Surveillance
- Environment
- Seismology
- Exploration
- Detection
- Other Applications
Japan LiDAR Market, By End-User
- Automotive
- Defense & Aerospace
- Construction
- Archaeology
- Forestry and Agriculture
- Mining
- Transportation
- Healthcare
- IT & Telecom
- Oil & Gas
- Other End-Users
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