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Doppler Lidar Systems Market Report Overview
The global doppler lidar systems market size is anticipated to be worth USD 207.22 million in 2022 & the market is projected to touch USD 698.46 million by 2031 with a CAGR of 12.95% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The doppler lidar systems use the technology of active remote sensing which provides range as well as measurements of attenuated backscatter, radial velocity, and primarily signal to noise ratio. All of these measurements are time resolved. They are also used for measuring winds with the use of aerosol scattered radiation.
A new technology that has been integrated in this equipment is machine learning. This is now considered as the latest trend in the market. Doppler systems provide high-quality data. They are used in airline companies for the purpose of monitoring dust in the nearby surroundings. All of these factors have become the primary drivers of the doppler lidar systems market growth.
COVID-19 impact: Reduction in the Construction of Wind Energy Plants Decreased Market Growth
The pandemic of COVID-19 posed a lot of challenges and difficulties to industries globally. The demand and share of all the markets deteriorated owing to strict lockdowns and social distancing norms. Construction industry was severely hit as it is a labor intense sector.
Doppler lidar systems market was affected due to the sudden breakout of corona virus. Doppler systems are used for measuring the wind and weather conditions. But during the pandemic there was a drastic reduction in the construction of wind energy plants. Airport industries are major investors in the doppler lidar systems market. Shutdown of airport and construction industries declined the demand for doppler systems during pandemic.
LATEST TRENDS
"Incorporation of New Technological Methods in Doppler Systems to Increase Market Growth"
The main use of a doppler lidar is to monitor the winds and detect aerosol all over the world. Technological advancements are integrated into these systems to make them highly efficient. Automatic algorithms are produced and they are helpful in separating lidar signals and lidar data. Another new technology that has been integrated is machine learning which allows many users like aviation safety operators to find out the amount of dust in the surroundings. Airports are also increasing their investments towards doppler lidar systems market. All of these are considered as the latest trends in the market.
Doppler Lidar Systems Market Segmentation
- By Type:
The market can be divided on the basis of type into the following segments.
Foundation type, and, cabin type. Foundation type is the segment that is expected to lead the market during the forecast period.
- By Sales channel:
Classification based on application is as follows:
Wind power industry, aerospace field, climate weather, and, others. The Power industry segment is expected to lead the market during the forecast period.
DRIVING FACTORS
"High Quality and Accurate Data Provided by Doppler Lidar Systems to Increase Market Growth"
Doppler systems provide high-quality data, in comparison with standards radars. The data provided is also highly accurate. Winds can be monitored with great accuracy. Rain and thunderstorms can also be forecasted to provide prior warnings. The changes in the wind flow can also be tested and observed.
Using doppler lidar systems is easy as they are lightweight. These systems can easily remove stationary reflections. Signals can also be integrated over a very long period of time. Doppler lidar systems are used in the military sector as well to help night combat vision. Power can be reduced and range performance can also be improved using these systems. All of these reasons have led to the growth of doppler lidar systems market share.
"Easy Detection of Turbulence by These Systems to Amplify Market Growth"
Doppler systems are used in airline companies for the purpose of monitoring dust in the nearby surroundings. Turbulence can also be effectively detected using this equipment. Pulse air processing is used to identify and process the direction, velocity, and speed.
Meteorologists also make use of this device to find out wind shears as such near-ground wind shears can prove to be very dangerous for flying aircrafts. Severity of weather conditions can be predicted by scientists to enhance the safety of the passengers as well as the staff. The ability of doppler systems to detect dangers and forecast them accurately has increased its usage in various sectors like aircraft industry and military.
RESTRAINING FACTOR
"Availability of Low-cost Alternatives for Doppler Lidar Systems to Decrease the Market Growth"
Doppler systems are considered to be costly compared to other devices. There are several other alternatives available in the market which are available for a cheaper rate. This is attracting a lot of customers towards the cheaper alternatives which can restrain the market growth.
Light-weight photogrammetry systems are the alternatives that can very easily map and survey applications. These equipments make use of images that are taken from 2D and 3D carto metric models. With the help of this they can create in depth perceptions of images around them. Such efficient alternatives can very hamper the market growth.
Doppler Lidar Systems Market Regional Insights
"Asia Pacific to Dominate Market During Forecast Period"
Asia Pacific is dominating the market during the forecast period owing to a few factors. The primary factors involve the flourishing construction industry in this region. A lot of construction activities have been taking place in this region which has further supported the growth of wind construction plants. Wind construction plants use doppler lidar systems.
These equipments are also employed by many other sectors such as military in the Asia-Pacific region. Airports are increasingly being constructed here because of which these equipments are increasingly being to predict and monitor the wind directions. Demand for these equipments from various sectors across Asia Pacific is increasing leading to the growth of the market.
Key Industry Players
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
LIST OF TOP DOPPLER LIDAR SYSTEMS COMPANIES
- Lockheed Martin (U.S.)
- Mitsubishi Electric (Japan)
- ZX Lidars (U.S.)
- Halo Photonics (France)
- Windar Photonics A / S (Denmark)
- Movelaser (China)
- NRG Systems (U.S.)
- Yankee Environmental Systems (U.S.)
- METEK GmbH (Germany)
- GWU-Group (U.S.)
- Everise Technology Ltd (Singapore)
- Leosphere (France)
Report Coverage
The report provides an insight into the global industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. FAQs have also been given to outline the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 207.22 Million in 2022 |
Market Size Value By |
US$ 698.46 Million by 2031 |
Growth Rate |
CAGR of 12.95% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the doppler lidar systems market expected to touch by 2031?
The doppler lidar systems market is projected and estimated to touch USD 698.46 million by 2031.
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What CAGR is the doppler lidar systems market expected to exhibit by 2031?
The doppler lidar systems market is expected to exhibit a CAGR of 12.95 % by 2031.
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Which are the driving factors of the doppler lidar systems market?
Doppler systems provide high-quality data. They are used in airline companies for the purpose of monitoring dust in the nearby surroundings. These factors are driving doppler lidar systems market growth.
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Which are the top companies operating in the doppler lidar systems market?
Movelaser, NRG Systems, and, Yankee Environmental Systems are top leading companies in the global doppler lidar systems market.