Radar & LiDAR Technology for Railways Application Market to register a CAGR of 9.6% by 2031

By 2031, the market for radar and LiDAR technology used in railway applications is projected to be worth US$4.98 billion. Rising investment in the creation of autonomous railway systems along with rising demand for radar and LiDAR technology sensors in nations like India and Indonesia are projected to propel the market.

Rail applications heavily rely on radar and LiDAR technology. These technologies can be used to track railroad track problems, prevent rail collisions, detect pedestrians, track and regulate trains, among other things. Object detection on the railroad tracks and train traffic control are the two main uses of radar systems. In contrast, surveys are carried out using LiDAR technology sensors to learn more about the railway.

Radar (Radio Detection and Ranging) uses radio waves to detect and determine the range, angle, and velocity of objects. It is commonly used for train detection and train control systems, such as preventing trains from colliding and ensuring safe speeds.

LiDAR (Light Detection and Ranging) uses laser light to measure the distance to an object. LiDAR systems can create high-resolution 3D maps of the surrounding environment, making them useful for railway infrastructure inspections, track surveys, and obstacle detection.

Both Radar and LiDAR have unique advantages and limitations, and the choice between the two depends on the specific application and requirements.

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How will the market be impacted by the growing use of mobile LiDAR systems?
Three different equipment platform types—ground-based stationary, mobile, or aerial—can be used to capture LiDAR data. The best method for gathering data for closed-range applications is to use ground-based LiDAR devices. Mobile LiDAR scanners give comprehensive, precise, and feature-rich data at driving speeds, which is very helpful for tracking train movements while they are moving along tracks.

To run on the track and survey the area around it, a mobile LiDAR device is installed on a car or train locomotive. Because mobile LiDAR can deliver measurements at a rate of up to 1.1 million per second, it is ideal for mapping rail corridors. Consequently, it has emerged as a crucial tool for railways.

Radar & LiDAR Technology for Railways Application Market – Competition Landscape

Companies operating in the market rely on various expansion strategies to increase their penetration across lucrative markets. These strategies include product launches, collaborations with key players, partnerships, acquisitions and strengthening of regional and global distribution networks. For instance:

In July, 2020, Bosch introduced New LiDAR Sensor. The new sensor can measures the distance between target objects by illuminating them with laser light and measuring the reflected pulses. The LiDAR can detect range of 250 meters and recognize up to 24 objects at the same time. This new sensor used in railways application for the safety purpose.

FMI has profiled the following prominent Radar & LiDAR technology for railways application providers in its report:

  • Radarxense BV
  • Radar Vision
  • Earth Radar Pty Ltd
  • Bosch Mobility Solutions
  • Navtech Radar
  • ELVA-1
  • DEUTA-WERKE GmbH
  • Hupac Intermodal
  • BlackBerry Limited
  • Leica Geosystems AG
  • Trimble Inc.

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Key Segments Covered in the Radar & LiDAR Technology for Railways Application Market

Radar Technology

  • Radar Sensor Modules
    • Speed Measurement Radar Sensors
    • Distance Measurement Radar Sensors
  • Service
    • Integration & Installation Services
    • Support Services

LiDAR Technology

  • Devices
    • Mobile LiDAR Scanners
    • Aerial LiDAR Drones
    • On-board LiDAR Sensors
  • LiDAR Processing & Mapping Software
  • Services
    • LiDAR Survey & Mapping Services
    • Consulting Services
    • Support Services

Application

  • Railway Track Faults Detection
  • Rail Collision
  • Pedestrian Detection
  • Train Tracking & Control
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

3.3. Key Success Factors

4. Pricing Analysis

4.1. Pricing Analysis, By Devices of Radar and LiDAR Technology

4.2. Global Average Pricing Analysis Benchmark

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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