Global Road Profile Laser Sensors Market
The Global Road Profile Laser Sensors Market was valued at US$625 million in 2021 and it is expected to reach at US$1302 million in 2027 at a CAGR of 9.95% during forecast period 2022-2027.
Road profile laser sensors integrate non-contact laser sensors to detect the distance to the accelerometers and road surface in addition to contact laser sensors to measure the effects of the movement of the cars. For the majority of lasers in particular, these measurements are very challenging since there are so many dynamically altering targets on road surfaces, such as white striping, tarmac, concrete, and yellow striping.
Market Drivers
Road profile laser sensors are frequently employed in numerous applications, including longitudinal profile, transverse profile, side projections, macro texture, and others to regulate traffic and lower accident risks. This is one of the key factors that the market for road profile laser sensors is predicted to develop due to. Government efforts to limit traffic accidents and the number of fast cars on the road are growing, and more cameras and traffic lights are being installed on roadways to collect vehicle data. Furthermore, these activities have enabled the market for road profile laser sensors expand.
Market Restraints
The market for road profile laser sensors is being constrained by high installation costs for the sensors as well as rising costs for research and development efforts. Road profile laser sensors are in demand, but there are several market limitations that could limit market expansion during the projected period, including a lack of appropriate measuring instruments and inaccurate road profile predictions.
Market Segmentation
The global road profile laser sensors market is segmented into measurement range and application. By measurement range it segmented into less than 200 mm, 200–600 mm, more than 600 mm. By application it segmented into longitudinal profile, transverse profile, side projections, macro texture, others.
Regional Analysis
The global road profile laser sensors market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. In terms of market share and revenue growth, North America dominates the market for road profile laser sensors. This is brought on by the region's automotive industry's expanding use of sensors and the potential damage that driver error could cause. Due to rising demand for small and medium-sized vehicles with safety features, Asia-Pacific is anticipated to see the fastest growth throughout the projection period.
Key Players
Various key players are listed in this report such as LMI TECHNOLOGIES INC, (U.S.), Schmitt Industries Inc, (U.S.), Data Collection Ltd (India), STEMMER IMAGING AG (Germany), Ophir Optronics Solutions Ltd (Israel), LIMAB (Sweden), PAVEMETRICS (Canada), ViaTech AS (U.S.), Micro-Epsilon (Germany), Laserline GmbH (Germany)
Market Taxonomy
By Measurement Range
By Application
Key Question Addressed by the Report
Global Road Profile Laser Sensors Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Road Profile Laser Sensors Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Road Profile Laser Sensors Market, By Measurement Range
5.1 Y-o-Y Growth Comparison, By Measurement Range
5.2 Global Road Profile Laser Sensors Market Share Analysis, By Measurement Range
5.3 Global Road Profile Laser Sensors Market Size and Forecast, By Measurement Range
5.3.1 Less Than 200 Mm
5.3.2 200–600 Mm
5.3.3 More Than 600 Mm
6 Global Road Profile Laser Sensors Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Road Profile Laser Sensors Market Share Analysis, By Application
6.3 Global Road Profile Laser Sensors Market Share Analysis, By Application
6.3.1 Longitudinal Profile
6.3.2 Transverse Profile
6.3.3 Side Projections
6.3.4 Macro Texture
7 Global Road Profile Laser Sensors Market, By Region
7.1 Global Road Profile Laser Sensors Market Share Analysis, By Region
7.2 Global Road Profile Laser Sensors Market Share Analysis, By Region
8 North America Road Profile Laser Sensors Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Road Profile Laser Sensors Market Share Analysis, By Measurement Range
8.3 North America Road Profile Laser Sensors Size and Forecast, By Application
8.4 North America Road Profile Laser Sensors Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Road Profile Laser Sensors Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Road Profile Laser Sensors Market Share Analysis, By Measurement Range
9.3 Europe Road Profile Laser Sensors Market Size and Forecast, By Application
9.4 Europe Road Profile Laser Sensors Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Road Profile Laser Sensors Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia-Pacific Road Profile Laser Sensors Market Size and Forecast, By Measurement Range
10.3 Asia-Pacific Road Profile Laser Sensors Market Size and Forecast, By Application
10.4 Asia-Pacific Road Profile Laser Sensors Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Road Profile Laser Sensors Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Road Profile Laser Sensors Market Size and Forecast, By Measurement Range
11.3 Latin America Road Profile Laser Sensors Market Size and Forecast, By Application
11.4 Latin America Road Profile Laser Sensors Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2. Rest of Latin America
12 Middle East Road Profile Laser Sensors Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Road Profile Laser Sensors Market Share Analysis, By Measurement Range
12.3 Middle East Road Profile Laser Sensors Market Size and Forecast, By Application
12.4 Middle East Road Profile Laser Sensors Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.2. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. LMI TECHNOLOGIES INC.(U.S.)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Schmitt Industries Inc. (U.S.)
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Data Collection Ltd (India)
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. STEMMER IMAGING AG (Germany)
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. Ophir Optronics Solutions Ltd (Israel)
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. LIMAB (Sweden)
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. PAVEMETRICS (Canada)
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. ViaTech AS (U.S.)
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. Micro-Epsilon (Germany)
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10. Laserline GmbH (Germany)
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
