Report Overview

Middle East and Africa LiDAR Market - Industry Trends & Forecast Report, 2029

Middle East and Africa LiDAR (Light Detection and Ranging) market size was estimated at USD 57.72 million in 2022. During the forecast period between 2023 and 2029, the size of Middle East and Africa LiDAR Market is projected to grow at a CAGR of 15.83% reaching a value of USD 139.39 million by 2029. Major growth drivers for the Middle East and Africa LiDAR Market include increasing demand for self-driving cars and electric vehicles in the region. Self-driving cars utilize LiDAR sensors to create detailed 3D maps, enabling 360° vision and precise data for self-navigation and object detection. This growth is further fueled by the rising GDP and the emergence of a middle-class consumer group, leading to increased automotive sales in the Middle East. The Saudi automotive market, in particular, stands out as the largest in the region, with approximately 800,000 new cars sold annually, alongside a similar number of used cars. In the United Arab Emirates, progress has been made in the connected car sector, with collaborations between Etisalat and Nissan to introduce connected car technology. Saudi Arabia is actively investing in modern defense, security, and infrastructure technologies, exemplified by partnerships like the one between the Saudi Authority for Industrial Cities and Technology Zones (MODON) and INTRA Defense Technologies for unmanned aircraft systems development in 2020. These investments in advanced technologies are expected to contribute to the growth of the LiDAR market in the region.

Middle East and Africa LiDAR Market – Overview

The Middle East and Africa LiDAR market refers to the business and industry activities related to Light Detection and Ranging (LiDAR) technology within the regions of the Middle East and Africa. LiDAR is a remote sensing technology that uses laser light to measure distances and create detailed 3D representations of the surveyed area or objects. In the context of the Middle East and Africa, the LiDAR market includes various applications of this technology across different sectors, such as: geospatial mapping, environmental monitoring, urban planning, infrastructural development, and transportation & autonomous vehicles.

Middle East and Africa LiDAR Market

Growth Drivers

Increasing Demand for LiDAR from Construction, Mining, and Agriculture Sectors

Middle East and Africa's LiDAR market is experiencing a significant boost due to increasing demand from the construction, mining, and agriculture sectors. In construction, LiDAR technology offers precise topographic mapping and site modeling, aiding in design and development. The mining industry benefits from LiDAR's ability to create detailed terrain models, enhancing safety and operational efficiency. Moreover, in agriculture, LiDAR supports precision farming by providing data for crop monitoring and management. These growing applications across these sectors are driving the adoption of LiDAR technology in the Middle East and Africa, positioning it as a key player in regional economic development and technological advancements.

Restraints

High Cost of LiDAR Systems

The Middle East and Africa LiDAR market faces a significant growth constraint due to the high cost associated with LiDAR systems. While LiDAR technology offers unparalleled precision and safety benefits in the automotive sector, its adoption is impeded by the substantial financial investment required for these advanced systems. The cost of LiDAR sensors and related components remains a formidable barrier for both automotive manufacturers and consumers. As a result, the broader integration of LiDAR technology into vehicles, particularly in the Middle East and Africa region, faces limitations in achieving widespread market penetration. Addressing cost-related challenges is essential to unlock the full potential of LiDAR in enhancing automotive safety and autonomous capabilities in this market.

Impact of COVID-19 on Middle East and Africa LiDAR Market

COVID-19 pandemic adversely affected the Middle East and Africa LiDAR market. Lockdowns, supply chain disruptions, and economic uncertainties temporarily slowed market growth. However, the need for accurate mapping and monitoring in various applications, including urban planning and infrastructure development, persisted. As economies recovered and adapted to the new normal, LiDAR technology played a pivotal role in enhancing efficiency and safety in industries like construction, agriculture, and autonomous vehicles. This adaptation, coupled with increased investment in technology, drove the Middle East and Africa LiDAR market's resurgence and growth in the post-pandemic era.

Middle East and Africa LiDAR Market

Segmental Coverage

Middle East and Africa LiDAR Market – By Deployment

By deployment, the Middle East and Africa LiDAR market is bifurcated into Ground-based and Airborne segments. The airborne segment holds a higher share in the Middle East and Africa LiDAR market by deployment. The predominance of the airborne segment in the MEA LiDAR market can be attributed to the escalating demand for LiDAR-equipped drones, which are revolutionizing the surveying industry by surpassing the limitations of traditional photogrammetry. These drones are lauded for their efficiency in data collection and processing. Moreover, drone-based LiDAR, favored for its cost-effectiveness and time-saving benefits, plays a significant role in archaeological investigations, mining planning, and transportation initiatives. Innovations in LiDAR drone technology are further bolstering its adoption in mining, offering improved reliability and efficiency, making it a standout choice for various applications across the Middle East and Africa.

Middle East and Africa LiDAR Market – By Range

based on range, the Middle East and Africa LiDAR Market is divided into Short Range, Medium Range, and Long-Range segments. The medium range is expected to dominate the Middle East and Africa LiDAR market during the forecast period by range. Medium-range LiDAR is set to lead the Middle East and Africa market due to its versatility in various applications. It strikes a balance between short and long-range systems, making it suitable for sectors like construction, mining, and autonomous vehicles. Its adaptability across diverse industries positions it as a dominant choice.

Middle East and Africa LiDAR Market – By Component

based on component, the Middle East and Africa LiDAR market is divided into GPS, Laser Scanners, and Inertial Measurement Unit segments.

Middle East and Africa LiDAR Market – By Industry

On the basis of industry, the Middle East and Africa LiDAR market is divided into Automotive, Industrial, Aerospace & Defense, Smart Infrastructure, Environment Sector, Oil & Gas segments. The oil & gas segment holds the highest share in the Middle East and Africa LiDAR market and is expected to maintain its position during the forecast period. The rapid growth of the oil and gas industry in the Middle East and Africa has led to an increasing demand for LiDAR sensors. These sensors, relatively new to the oil sector, offer versatile solutions. They assist in terrain exploration, canopy-covered areas for exploration programs, road access, and pipeline design for developmental areas. This expanding use of LiDAR technology has created substantial demand in the oil and gas sectors. Additionally, in mining and oil and gas, LiDAR technology allows for precise examination of natural and constructed environments across various scales, enhancing accuracy and flexibility. Projects like Kuwait National Petroleum Company's refinery and Bahrain airport upgrades contribute to the rising demand for LiDAR technology in the region.

Middle East and Africa LiDAR Market – By Region

Regionally, the Middle East and Africa LiDAR Market is divided into Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and Rest of MEA. Saudi Arabia region holds the highest share in the Middle East and Africa LiDAR market due to its significant automotive market, with approximately 800,000 new and used vehicles sold annually. Also, Saudi Arabia's investments in modern defense, security, and infrastructure technologies, such as the partnership with INTRA Defense Technologies for unmanned aircraft systems, further drive the market.

Competitive Landscape

Major players operating in the Middle East and Africa LiDAR Market include Leica Geosystems Ag, Neptec Technologies Corp, Innoviz Technologies Ltd, SICK AG, Trimble Inc, Faro Technologies Inc., Lightware LiDAR, Falcon-3D, Mena 3D, and Globalscan Technologies LLC. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Deployment

• Ground-based

• Airborne

By Range

• Short Range

• Medium Range

• Long Range

By Component

• GPS​

• Laser Scanners​

• Inertial Measurement Unit​

By Industry

• Automotive

• Industrial

• Aerospace & Defense

• Smart Infrastructure

• Environment Sector

• Oil and Gas

By Country

• Saudi Arabia

• UAE

• Qatar

• Kuwait

• South Africa

• Nigeria

• Algeria

• Rest of MEA

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Middle East and Africa LiDAR Market Insights
   1. Industry Value Chain Analysis
      1. DROC Analysis
      2. Growth Drivers
         1. Increasing demand from the construction, mining, and agriculture sectors
         2. Government investment in infrastructure development
      3. Restraints
         1. High cost of LiDAR systems
         2. Regulatory challenges
      4. Opportunities
         1. Growing urbanization
         2. Expansion into new markets
      5. Challenges
         1. Economic instability
         2. Security concerns
   2. Technological Advancements/Recent Developments
   3. Regulatory Framework
   4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Middle East and Africa LiDAR Market Overview
   1. Market Product & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Deployment
         1. Ground-based
         2. Airborne
      2. By Range
         1. Short Range
         2. Medium Range
         3. Long Range
      3. By Component
         1. GPS​
         2. Laser Scanners​
         3. Inertial Measurement Unit​
         4. Others
      4. By Industry
         1. Automotive
         2. Industrial
         3. Aerospace & Defense
         4. Smart Infrastructure
         5. Environment Sector
         6. Oil and Gas
         7. Others
      5. By Country
         1. Saudi Arabia
         2. UAE
         3. Qatar
         4. Kuwait
         5. South Africa
         6. Nigeria
         7. Algeria
         8. Rest of MEA
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Middle East and Africa LiDAR Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on Middle East and Africa LiDAR Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Leica Geosystems Ag
   2. Neptec Technologies Corp
   3. Innoviz Technologies Ltd
   4. SICK AG
   5. Trimble Inc
   6. Faro Technologies Inc.
   7. Lightware LiDAR
   8. Falcon-3D
   9. Mena 3D
   10. Globalscan Technologies LLC
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1.       Qualitative Research
      1.   Primary & Secondary Research
   2.       Quantitative Research
   3.       Market Breakdown & Data Triangulation
      1.   Secondary Research
      2.   Primary Research
   4.       Breakdown of Primary Research Respondents, By Country
   5.       Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       Middle East and Africa LiDAR  Segmentation

Figure 2       Middle East and Africa LiDAR Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Middle East and Africa LiDAR Market Size, By Value (USD Billion), 2019–2029

Figure 5       Middle East and Africa LiDAR Market Share, By Deployment, By Value, 2019–2029

Figure 6       Middle East and Africa LiDAR Market Share, By Range, By Value, 2019–2029

Figure 7       Middle East and Africa LiDAR Market Share, By Component, By Value, 2019–2029

Figure 8       Middle East and Africa LiDAR Market Share, By Industry, By Value, 2019–2029

Figure 9       Middle East and Africa LiDAR Market Share, By Country , By Value, 2019–2029

List of Tables

Table 1        Middle East and Africa LiDAR Market Size, By Value (USD Billion), 2019–2029

Table 2        Middle East and Africa LiDAR Market Size, By Deployment, By Value, 2019–2029

Table 3        Middle East and Africa LiDAR Market Size, By Range, By Value, 2019–2029

Table 4        Middle East and Africa LiDAR Market Size, By Component, By Value, 2019–2029

Table 5        Middle East and Africa LiDAR Market Size, By Industry, By Value, 2019–2029

Table 6        Middle East and Africa LiDAR Market Size, By Country , By Value, 2019–2029

Table 7        Leica Geosystems Ag Company Overview

Table 8        Leica Geosystems Ag Financial Overview

Table 9        Neptec Technologies Corp Company Overview

Table 10      Neptec Technologies Corp Financial Overview

Table 11      Innoviz Technologies Ltd Company Overview

Table 12      Innoviz Technologies Ltd Financial Overview

Table 13      SICK AG Company Overview

Table 14      SICK AG Financial Overview

Table 15      Trimble Inc Company Overview

Table 16      Trimble Inc Financial Overview

Table 17      Faro Technologies Inc. Company Overview

Table 18      Faro Technologies Inc. Financial Overview

Table 19      Lightware LiDAR Company Overview

Table 20      Lightware LiDAR Financial Overview

Table 21      Falcon-3D Company Overview

Table 22      Falcon-3D Financial Overview

Table 23      Mena 3D Company Overview

Table 24      Mena 3D Financial Overview

Table 25      Globalscan Technologies LLC Company Overview

Table 26      Globalscan Technologies LLC Financial Overview