LiDAR 3D mapping conducted in Northland

3D aerial mapping conducted in Northland will attract up to $800,000 in funding from the New Zealand government.

The remote sensing tool LiDAR will be used to provide the region with accurate geographical data to inform better business decisions.

The data will provide authorities with more confidence to progress infrastructure projects and deliver better, more cost-effective planning and a better understanding and ability to plan for sustainable land management.

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LIDAR is set to drastically change the world and how we drive. Here's how it works

LIDAR technology has been around for decades and used in everything from spacecraft and robots, to speed guns. It also happens to be one of the technologies driving the development of autonomous vehicles.

Driverless cars may not be a widespread reality on the roads just yet, but if they are ever to become truly mainstream, LIDAR will be one of the onboard technologies that make them possible and keeps passengers safe.

What is LIDAR?

A portmanteau of light and Radar, LIDAR is also an acronym for Light Detection and Ranging, or Light Imaging, Detection and Ranging. The technology was first developed in the early 1960s.

Put simply, LIDAR bounces light off objects to see where they are, just as radar uses radio waves and sonar uses sound. LIDAR systems send out pulses of light outside of the visible spectrum and time how long it takes for them to bounce back. The time it takes for the light to reflect back tells the sensor how far away it is and reveals its shape.

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LIDAR Market revenue will reach $1.5 billion by 2024, says Esticast Research & Consulting

As per the report “LIDAR Market by Product (Terrestrial/Static, Aerial, Mobile, Short-range), and By Application (Corridor mapping, Seismology), Industry Trends, Estimation & Forecast, 2016-2024”, the global LIDAR market was valued at $332.2 million in 2016, and is projected to reach $1.4 billion by 2024, having a CAGR of 21.4 % from 2017 to 2024. In 2016, Aerial LIDAR technology lead the market garnering a revenue of $182.5 million and growing with the highest growth rate, having a CAGR of 17.4% during the forecast period. Among major regions, North America leads the market having the highest market share of $154.8 million; however, the highest growth rate would be experienced by Asia Pacific growing with a rate of 28.2 % during the forecast period.

“Developed regions such as North America and Europe are holding the largest market share of the LIDAR system market. The increasing demand of improvised automation and enhancement of metrological devices will open growth gateways for the LIDAR technology market in the emerging countries.”

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