Shift to LIDAR in Global GIS Market in Transportation Industry

Shift to LIDAR in Global GIS Market in Transportation Industry

 

Research and Markets, are the leading source for international market research and market data has announced the addition of the “Global GIS Market in Transportation Industry

LiDAR
2012-2016″ report. The report covers the market in the APAC region, Europe, the MEA region, North America, and South America.

The report foretells that the Global GIS market in the Transportation industry to grow at a CAGR of 12.64 percent over the period 2012-2016.

Demand of GIS in the construction of roads and rails contributed as a key factor in market growth. This is a result of fast need for infrastructure to provide sustainable and efficient development to the increasing population. Another important trend in noticed in market is the shift of the surveying technologies used for GIS are being shifted to light detection and ranging (LIDAR) technique as it is more accurate and less expensive than photogrammetry technology of surveying.

The report states that one of the major challenges in the market is the threat of the invasion of privacy.

Hexagon AB, Esri Inc., MacDonald, Dettwiler and Associates Ltd. came as the key vendors in the global GIS market in their space.

 

 

 

Read more at: http://www.researchandmarkets.com/research/pvplhn/global_gis_market

Categories: GIS

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