Published by mark itwired
Posted on September 20, 2021
5 min readLast updated: February 5, 2026
Radar & LiDAR technology is crucial for railway automation, projected to grow at 9.6% CAGR by 2031, driven by safety and efficiency demands.
The global Radar & LiDAR technology for railways application market is expected to grow at 9.6% CAGR between 2021 and 2031, projects ESOMAR-certified consulting firm Future Market Insights (FMI).
Radar & LiDAR technology is gaining traction in railway and transportation sector as a part of train protection and collision prevention system. Increasing demand for radar and LiDAR sensors in smart railway systems will inflate the market growth.
Recent developments in technology used to control train traffic, track train routing and scheduling, and detect on-track pedestrian will support the radar & LiDAR technology for railways application growth.
Increasing government investment towards designing autonomous railway system especially in emerging economies and surge in demand for radar sensors will emerge as market drivers. Some of the leading companies are launching advanced LiDAR systems to offer higher resolution and improved accuracy. These attributes are considered extremely critical for tracking railway speed.
Mobile LiDAR equipments are capable of high speed mapping of rail corridors with rate of 1.1 Mn per second. This equipment is installed on a vehicle or train locomotive. As the vehicle moves the LiDAR perfectly maps the tracks and surrounding area.
Incorporation of mobile LiDAR equipment in railways infrastructure project planning and development, along with construction, operations, maintenance, safety, and asset management will accelerate the market growth.
“Companies operating in the market are launching advanced solutions to improve rail collision prevention mechanism. Their efforts will elevate the market demand,” says the FMI analyst
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Key Takeaways
Competitive Landscape
According to the study by Future Market Insights, market leaders are employing various inorganic and organic marketing strategies to deepen their market penetration into emerging markets.
Growth strategies include new product development and product launches to strengthen their market position. They are also participating in strategic merger and acquisition to strengthen their footprint.
For instance,
Some of the leading companies operating in the market are:
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More Insights on the Global Radar & LiDAR technology for railways application Market
Future Market Insights, in its new offering, provides an unbiased analysis of the radar & LiDAR technology for railways application market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the radar & LiDAR technology for railways application market with a detailed segmentation on the basis of various parameters. These include:
Application
Region
Key Questions Covered in the Report
The post Rapid Transition of Railway Systems towards Automation Fuelling Radar & LiDAR Technology Market Demand: FMI first appeared on Market Research Blog.
The article discusses the growth of Radar & LiDAR technology in the railway sector, focusing on automation and safety improvements.
The U.S. radar & LiDAR technology market is anticipated to grow at a 10.4% CAGR due to increased government funding.
China is investing in railway digitization, which is expected to significantly boost the radar & LiDAR technology market.
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