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Global Doppler Lidar Systems Market is projected to over $ 221.7 million by 2023

Author: QYResearch  |   Published Date: 2018-11-07   |   Views: 236

Doppler Lidar Systems.jpg

A Doppler Lidar system transmits laser beams, receives the light backscattered by aerosols such as dust and other particles in the air, and measures the line-of-sight component of wind speed using the Doppler frequency shift of the backscattered light.

The Doppler Lidar Systems market is to reach $ 221.7 million by 2023 from $ 123.7 million in 2017, growing at an average growth rate of 10.22% from 2017 to 2023. Major factors driving growth of this market include the rapid development of Wind power industry and the increasing attention to the environment by government agencies.

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Doppler Lidar Systems: Drivers and Challenges

Growing need for accurate weather predictions to carry out onshore operations, increasing demand for effective air traffic control at airports, and rising need for innovative numerical weather prediction models are the major factors expected to drive the growth of the Doppler Lidar Systems market between 2018 and 2023. Governments of various countries and private agencies have been investing increasingly in the development of advanced and efficient weather forecasting systems to provide alerts for storms or cyclones beforehand to ensure public safety. This further drives the growth of Doppler Lidar Systems market.

Segmentation Market Overview of the Doppler Lidar Systems

Based on end user, the Doppler Lidar Systems market has been segmented into commercial, military, and weather service providers. The commercial end user segment of the Doppler Lidar Systems market is projected to grow at a significant CAGR during the forecast period due to increasing demand for advanced weather forecasting systems from different industries, globally.

Based on system type, the Doppler Lidar Systems market has been classified into Cabin systems, and ground-based systems. The ground-based systems segment is expected to lead the Doppler Lidar Systems market during the forecast period.

The Doppler Lidar Systems market has been studied for North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW). The Asia Pacific Doppler Lidar Systems market is projected to grow at the highest CAGR between 2018 and 2023, owing to rapid industrialization, expansion of airports, and increasing applicability of weather forecasting systems in the agriculture sector of the region.

Growth in air and sea transport, Rapid development of the wind power industry, improvement in the economy of the Asia Pacific region, and increased demand for continuous weather monitoring for disaster management are also driving the growth of the Asia Pacific Doppler Lidar Systems market.

Global Doppler Lidar Systems Market: Key Players

Major Player operating in the market are: Intel Corporation, Leosphere, Mitsubishi Electric, NRG Systems, GWU-Group, Movelaser, Windar Photonics A / S, Everise Technology Ltd, Halo Photonics, Yankee Environmental Systems,Inc, METEK GmbH.

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