What is the market size for the lidar systems market for wind industry?

The Market is expected to grow by $ 203.43 mn in 2024-2028. <a href='https://www.technavio.com/report/lidar-systems-market-for-wind-industry-market-analysis'>Read More</a>

What is the CAGR for the lidar systems market for wind industry?

12.35% CAGR with $ 203.43 mn Momentum. <a href='https://www.technavio.com/report/lidar-systems-market-for-wind-industry-market-analysis'>Read More</a>

What is the growth rate of the LIDAR Systems Market for Wind Industry market?

12.35% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/lidar-systems-market-for-wind-industry-market-analysis'>Read More</a>

Which region held the largest market share in the LIDAR Systems Market for Wind Industry market?

North America with 37% of the market growth. <a href='https://www.technavio.com/report/lidar-systems-market-for-wind-industry-market-analysis'>Read More</a>

Who are the prominent players in the LIDAR Systems Market for Wind Industry market?

Aeva Inc., Analog Devices Inc., ESCO Technologies Inc., Fred. Olsen Ocean AS, Hexagon AB, John Wood Group PLC, Lockheed Martin Corp., LUMIBIRD SA, MGW TRADE .... <a href='https://www.technavio.com/report/lidar-systems-market-for-wind-industry-market-analysis'>Read More</a>

LIDAR Systems Market for Wind Industry Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Jan 2024
Pages: 172
SKU: IRTNTR73212

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LIDAR Systems Market for Wind Industry Size 2024-2028

The Global Wind Light Detection and Ranging systems market size is forecast to increase by USD 203.43 million at a CAGR of 12.35% between 2023 and 2028. The LIDAR (Light Detection and Ranging) systems market for the wind power industry is experiencing significant growth due to several key trends and factors. One of the primary drivers is the increase in tower hub heights, fueled by the increasing adoption of renewable energy sources, particularly wind energy, which necessitates the use of more accurate and reliable wind measurement technologies like LIDAR. Another trend is the rise in the number of offshore wind installations, where LIDAR systems are essential for measuring wind speeds and directions in challenging marine environments. However, the high cost of implementing LIDAR systems remains a significant challenge for market growth. Despite this, the benefits of using LIDAR systems, such as their ability to provide real-time, high-resolution wind data, make them an indispensable tool for optimizing wind energy production.

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global LIDAR systems market for wind industry 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global lidar systems market for wind industry 2018 - 2022 ($ million)

4.2 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)

4.3 Component Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Component Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Product - Market share 2023-2028 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 Ground mounted LIDAR systems - Market size and forecast 2023-2028
- Exhibit 34: Chart on Ground mounted LIDAR systems - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Ground mounted LIDAR systems - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Ground mounted LIDAR systems - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Ground mounted LIDAR systems - Year-over-year growth 2023-2028 (%)

6.4 Nacelle mounted LIDAR systems - Market size and forecast 2023-2028
- Exhibit 38: Chart on Nacelle mounted LIDAR systems - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Nacelle mounted LIDAR systems - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Nacelle mounted LIDAR systems - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Nacelle mounted LIDAR systems - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ million)
- Exhibit 43: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Component

7.1 Market segments
- Exhibit 44: Chart on Component - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Component - Market share 2023-2028 (%)

7.2 Comparison by Component
- Exhibit 46: Chart on Comparison by Component
- Exhibit 47: Data Table on Comparison by Component

7.3 Laser - Market size and forecast 2023-2028
- Exhibit 48: Chart on Laser - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Data Table on Laser - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Chart on Laser - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Laser - Year-over-year growth 2023-2028 (%)

7.4 Scanner - Market size and forecast 2023-2028
- Exhibit 52: Chart on Scanner - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Scanner - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Scanner - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Scanner - Year-over-year growth 2023-2028 (%)

7.5 Navigation system - Market size and forecast 2023-2028
- Exhibit 56: Chart on Navigation system - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Navigation system - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Navigation system - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Navigation system - Year-over-year growth 2023-2028 (%)

7.6 Others - Market size and forecast 2023-2028
- Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)

7.7 Market opportunity by Component
- Exhibit 64: Market opportunity by Component ($ million)
- Exhibit 65: Data Table on Market opportunity by Component ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 APAC - Market size and forecast 2023-2028
- Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.7 South America - Market size and forecast 2023-2028
- Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.11 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.12 Japan - Market size and forecast 2023-2028
- Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 Analog Devices Inc.
- Exhibit 119: Analog Devices Inc. - Overview
- Exhibit 120: Analog Devices Inc. - Business segments
- Exhibit 121: Analog Devices Inc. - Key news
- Exhibit 122: Analog Devices Inc. - Key offerings
- Exhibit 123: Analog Devices Inc. - Segment focus

12.4 ESCO Technologies Inc.
- Exhibit 124: ESCO Technologies Inc. - Overview
- Exhibit 125: ESCO Technologies Inc. - Business segments
- Exhibit 126: ESCO Technologies Inc. - Key offerings
- Exhibit 127: ESCO Technologies Inc. - Segment focus

12.5 Fred. Olsen Ocean AS
- Exhibit 128: Fred. Olsen Ocean AS - Overview
- Exhibit 129: Fred. Olsen Ocean AS - Product / Service
- Exhibit 130: Fred. Olsen Ocean AS - Key offerings

12.6 Hexagon AB
- Exhibit 131: Hexagon AB - Overview
- Exhibit 132: Hexagon AB - Business segments
- Exhibit 133: Hexagon AB - Key news
- Exhibit 134: Hexagon AB - Key offerings
- Exhibit 135: Hexagon AB - Segment focus

12.7 John Wood Group PLC
- Exhibit 136: John Wood Group PLC - Overview
- Exhibit 137: John Wood Group PLC - Business segments
- Exhibit 138: John Wood Group PLC - Key offerings
- Exhibit 139: John Wood Group PLC - Segment focus

12.8 Lockheed Martin Corp.
- Exhibit 140: Lockheed Martin Corp. - Overview
- Exhibit 141: Lockheed Martin Corp. - Business segments
- Exhibit 142: Lockheed Martin Corp. - Key news
- Exhibit 143: Lockheed Martin Corp. - Key offerings
- Exhibit 144: Lockheed Martin Corp. - Segment focus

12.9 LUMIBIRD SA
- Exhibit 145: LUMIBIRD SA - Overview
- Exhibit 146: LUMIBIRD SA - Product / Service
- Exhibit 147: LUMIBIRD SA - Key offerings

12.10 MGW TRADE and SERVICE PTY LTD.
- Exhibit 148: MGW TRADE and SERVICE PTY LTD. - Overview
- Exhibit 149: MGW TRADE and SERVICE PTY LTD. - Product / Service
- Exhibit 150: MGW TRADE and SERVICE PTY LTD. - Key offerings

12.11 Mitsubishi Electric Corp.
- Exhibit 151: Mitsubishi Electric Corp. - Overview
- Exhibit 152: Mitsubishi Electric Corp. - Business segments
- Exhibit 153: Mitsubishi Electric Corp. - Key news
- Exhibit 154: Mitsubishi Electric Corp. - Key offerings
- Exhibit 155: Mitsubishi Electric Corp. - Segment focus

12.12 Pepperl and Fuchs SE
- Exhibit 156: Pepperl and Fuchs SE - Overview
- Exhibit 157: Pepperl and Fuchs SE - Product / Service
- Exhibit 158: Pepperl and Fuchs SE - Key offerings

12.13 Teledyne Technologies Inc.
- Exhibit 159: Teledyne Technologies Inc. - Overview
- Exhibit 160: Teledyne Technologies Inc. - Business segments
- Exhibit 161: Teledyne Technologies Inc. - Key news
- Exhibit 162: Teledyne Technologies Inc. - Key offerings
- Exhibit 163: Teledyne Technologies Inc. - Segment focus

12.14 Trimble Inc.
- Exhibit 164: Trimble Inc. - Overview
- Exhibit 165: Trimble Inc. - Business segments
- Exhibit 166: Trimble Inc. - Key offerings
- Exhibit 167: Trimble Inc. - Segment focus

12.15 Vaisala Oyj
- Exhibit 168: Vaisala Oyj - Overview
- Exhibit 169: Vaisala Oyj - Business segments
- Exhibit 170: Vaisala Oyj - Key news
- Exhibit 171: Vaisala Oyj - Key offerings
- Exhibit 172: Vaisala Oyj - Segment focus

12.16 Velodyne Lidar Inc.
- Exhibit 173: Velodyne Lidar Inc. - Overview
- Exhibit 174: Velodyne Lidar Inc. - Product / Service
- Exhibit 175: Velodyne Lidar Inc. - Key offerings

12.17 Windar Photonics Plc
- Exhibit 176: Windar Photonics Plc - Overview
- Exhibit 177: Windar Photonics Plc - Product / Service
- Exhibit 178: Windar Photonics Plc - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 179: Inclusions checklist
- Exhibit 180: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 181: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 182: Research methodology
- Exhibit 183: Validation techniques employed for market sizing
- Exhibit 184: Information sources