Global Light Detection And Ranging (Lidar) Drone Market is set for a Rapid Growth and is Expected to Reach USD 485 Million Globally by 2026

14-Feb-2020 | Zion Market Research

Zion Market Research has published a new report titled “Global Light Detection and Ranging (LiDAR) Drone Market by Component (LiDAR Lasers, UAV Cameras), by Type (Rotary-wing LiDAR Drones, Fixed-wing LiDAR Drones), by Range (Short, Medium, Long), by Application (Corridor Mapping, Archeology, Environment), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026”.

According to the report, the light detection and ranging (Lidar) drone market analysis was valued at around USD 108 Million in 2019 and is expected to reach over USD 485 Million by 2026, growing at a CAGR of around 24% during the forecast period from 2020 to 2026.

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Browse the full “Global Light Detection and Ranging (LiDAR) Drone Market by Component (LiDAR Lasers, UAV Cameras), by Type (Rotary-wing LiDAR Drones, Fixed-wing LiDAR Drones), by Range (Short, Medium, Long), by Type (Corridor Mapping, Archeology, Environment), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026” Report at https://www.zionmarketresearch.com/report/light-detection-and-ranging-lidar-drone-market

Light detection and ranging (Lidar) can be employed for measuring distances. Light detection and ranging (Lidar) uses the phenomena of reflection to work. Light detection and ranging (Lidar) illuminates the target using LASER light and measures the reflected rays with installed optic sensor. 3-D representations of target can be recorded by calculating the difference in the time and wavelength of optic ray retrieved by the sensor after the origination from LASER.

Global Light Detection And Ranging (Lidar) Drone Market

The market for light detection and ranging (Lidar) drone is growing rapidly. Light detection and ranging (Lidar) has great progressions in corridor mapping.  Corridor mapping reflects highest significance for development of roadways, railroads, and oil & gas pipelines.

The high cost or renting light detection and ranging (Lidar) drone equipped aircraft, pilots, light detection and ranging (Lidar) trained engineers has kept the use of this extremely useful technology to the minutest.  Only big budgets could afford to use airborne light detection and ranging (Lidar) systems regularly. With the hikes in drone innovation and technology, passage has been experienced from the high cost fixed wing aircraft to the lower cost and more efficient UAV light detection and ranging (Lidar) model.

Aerial vehicle without a pilot that can examine the atmosphere by employing a laser beam and sensing the beam back from the target is known as light detection and ranging (Lidar) drone. Light detection and ranging (Lidar) drones is undergoing vigorous growth in forecast period and dwell in the countries of Asia Pacific region.

Fixed-wing light detection and ranging (Lidar) Drones are very expensive and needs skilled engineers to produce desired outputs. The rotary wing light detection and ranging (Lidar) drones has the largest share in the market due to cost effectiveness, light in weight and low power consumption. Rotary wing light detection and ranging (Lidar) drones are comparatively easy to operate and provides high accuracy. Compatibility with short range as well as medium range makes the rotary wing light detection and ranging (Lidar) drones trigger the market growth.

The light detection and ranging (Lidar) drones are classified on the parameter of range. The short range light detection and ranging (Lidar) drones can fly upto the height of 200 meters. The medium range light detection and ranging (Lidar) drones can deploy the maximum area coverage due to achievable altitude of nearly 200 meters to 500 meters, though some government protocols are to be followed on using medium range light detection and ranging (Lidar) drones. The medium range light detection and ranging (Lidar) drones are dominant in the market as they can scan a large area for corridor mapping.

North America is leading in the market due to the maximum adoption of light detection and ranging (Lidar) drones. Nearly 35% of market share is generated by European and north American countries. Some of the key market players in market are Phoenix LiDAR Systems , RIEGL Laser Measurement Systems GmbH, Velodyne LiDAR, Inc., Teledyne Optech, UMS Skeldar, LiDARUSA, YellowScan, Geodetics, Inc., OnyxScan, Delair and others.

This report segments the light detection and ranging (Lidar) drone market analysis as follows:

Global Light Detection And Ranging (Lidar) Drone Market Analysis by Component -

  •  LiDAR Lasers
  •  UAV Cameras

Global Light Detection And Ranging (Lidar) Drone Market Analysis by Type -

  • Rotary-wing LiDAR Drones
  • Fixed-wing LiDAR Drones

Global Light Detection And Ranging (Lidar) Drone Market Analysis by Range-

  • Short
  • Medium
  • Long

Global Light Detection And Ranging (Lidar) Drone Market Analysis by Application-

  • Corridor Mapping
  • Archeology
  • Environment

Global Light Detection And Ranging (Lidar) Drone Market Analysis by Region-

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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