Light Detection And Ranging (LiDAR) Drone Market Size, Share, Growth Report 2030

Light Detection And Ranging (LiDAR) Drone Market

Light Detection And Ranging (LiDAR) Drone Market - By Component (LiDAR Lasers and UAV Cameras), By Type (Rotary-Wing LiDAR Drones and Fixed-Wing LiDAR Drones), By Range (Short, Medium, and Long), By Type (Corridor Mapping, Archeology, and Environment), And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2026

Category: Technology & Media Report Format : PDF Pages: 150 Report Code: ZMR-5245 Published Date: Feb-2020 Status : Published

The global Light Detection And Ranging (LiDAR) Drone market, which accrued revenue worth 108 (USD Million) in 2019 and anticipated to garner earnings about 485 (USD Million) by 2026, is set to grow at a CAGR of nearly 24% during the period from 2020 to 2026.

Light Detection And Ranging (LiDAR) Dro Market

The global Light Detection And Ranging (LiDAR) Drone market, which accrued revenue worth 108 (USD Million) in 2019 and anticipated to garner earnings about 485 (USD Million) by 2026, is set to grow at a CAGR of nearly 24% during the period from 2020 to 2026. The report offers valuation and analysis of the Light Detection And Ranging (LiDAR) Drone market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).

Global Light Detection And Ranging (LiDAR) Drone Market SizeRequest Free Sample

Introduction

Light Detection And Ranging (LiDAR) Drone is utilized by project managers in construction sector to complete the task accurately and capture high-quality elevation data accurately along with providing detailed measurements. In addition to this, LIDAR system is utilized for creating comprehensive 3D maps and prototypes of buildings, human-made things, and landscapes. Apart from this, LiDAR drones can collect detailed information about vegetation. Reportedly, in high fidelity mode, a LiDAR drone offers in-depth information of nearly 100 to 500 data points for each square meter with an accuracy of nearly two to three centimeters.  Additionally, the technology is used for improving the functioning of the drainage system.  

Furthermore, LiDAR sensing technology is the comprehensively investigated sensing method that can precisely measure geometric & structural aspects of tree canopies that offer information of input for high throughput Pheno-typing and precision horticulture.  

Market Growth Drivers

With myriad kinds of sensing techniques becoming popular in horticulture and agriculture sectors, LiDAR drones have found massive use for increasing the fruit and nut crop yield.  Escalating demand for high resolution 3D modeling, accurate data acquisition, and data processing will embellish the growth of light detection and ranging (LiDAR) drone market in the years to come. Massive use of LiDAR drones in defense, aerospace, forestry, farming, and forestry will create lucrative growth avenues for the light detection and ranging (LiDAR) drone industry over the forecast timespan. Apparently, these are also used for surveillance in transport and logistics sectors. Nevertheless, high costs related to the product will impede the market revenue in the foreseeable future.

Furthermore, growing awareness among the consumers pertaining to advantages of using LiDAR drones available at low prices with accurate measurements & predictions will steer the market trends. Additionally, the LiDAR drones find lucrative applications in engineering, corridor mapping, advanced driver assistance systems, and exploration activities.       

North America To Dominate Global Market Share Over 2020-2026

The expansion of light detection and ranging (LiDAR) drone market in the sub-continent over the forecast timeframe is owing to large-scale implementation of laws supporting the use of LiDAR drones. Apart from this, massive allocation of funds for military & defense industry by the U.S. government will create lucrative avenues for the market growth in North America over the assessment period. Humungous presence of giant players in the countries such as the U.S. will proliferate the growth of light detection and ranging (LiDAR) drone industry over the anticipated timeframe.  

 Key participants profiled in the study include YellowScan, Phoenix LiDAR Systems, Geodetics, Inc., OnyxScan, Velodyne LiDAR, Inc., RIEGL Laser Measurement Systems GmbH, UMS Skeldar, Teledyne Optech, LiDARUSA, and Delair. 

Global Light Detection And Ranging (LiDAR) Drone Market: Report Scope:

Report Attributes Report Details
Report Name Light Detection And Ranging (LiDAR) Drone Market
Market Size in 2019 USD 108 Million
Market Forecast in 2026 USD 485 Million
Compound Annual Growth Rate CAGR of 24%
Number of Pages 150
Forecast Units Value (USD Million), and Volume (Units)
Key Companies Covered YellowScan, Phoenix LiDAR Systems, Geodetics, Inc., OnyxScan, Velodyne LiDAR, Inc., RIEGL Laser Measurement Systems GmbH, UMS Skeldar, Teledyne Optech, LiDARUSA, and Delair
Segments Covered By Component, By By Type, By Range, By Application Type And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2019
Historical Year 2015 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

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

Global light detection and ranging (LiDAR) drone Market: By Component Segment Analysis

  • LiDAR Lasers
  • UAV Cameras

Global light detection and ranging (LiDAR) drone Market: By Type Segment Analysis

  • Rotary-Wing LiDAR Drones
  • Fixed-Wing LiDAR Drones

Global light detection and ranging (LiDAR) drone Market: By Range Segment Analysis

  • Short

  • Medium
  • Long

Global light detection and ranging (LiDAR) drone Market: By Application Segment Analysis

  • Corridor Mapping
  • Archeology
  • Environment

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

Table Of Content

Methodology

FrequentlyAsked Questions

With myriad kinds of sensing techniques becoming popular in horticulture and agriculture sectors, LiDAR drones have found massive use for increasing the fruit and nut crop yield.  Escalating demand for high resolution 3D modeling, accurate data acquisition, and data processing will embellish the growth of light detection and ranging (LiDAR) drone market in the years to come. Massive use of LiDAR drones in defense, aerospace, forestry, farming, and forestry will create lucrative growth avenues for the light detection and ranging (LiDAR) drone industry over the forecast timespan. Apparently, these are also used for surveillance in transport and logistics sectors. Nevertheless, high costs related to the product will impede the market revenue in the foreseeable future. Furthermore, growing awareness among the consumers pertaining to advantages of using LiDAR drones available at low prices with accurate measurements & forecasts will steer the market trends.

According to Zion Market Research report, the global Light Detection And Ranging (LiDAR) Drone market, which accrued revenue worth 108 (USD Million) in 2019 and anticipated to garner earnings about 485 (USD Million) by 2026, is set to grow at a CAGR of nearly 24% during the period from 2020 to 2026.

North America is likely to make noteworthy contributions towards overall Light Detection And Ranging (LiDAR) Drone Market revenue during 2020-2026. The growth of Light Detection And Ranging (LiDAR) Drone industry in the sub-continent over 2020-2026 can be attributed to large-scale implementation of laws supporting the use of LiDAR drones. Apart from this, massive allocation of funds for military & defense industry by the U.S. government will create lucrative avenues for the market growth in North America over the assessment period. Humungous presence of giant players in the countries such as the U.S. will proliferate the growth of light detection and ranging (LiDAR) drone industry over the anticipated timeframe.

The key players profiled in the report include YellowScan, Phoenix LiDAR Systems, Geodetics, Inc., OnyxScan, Velodyne LiDAR, Inc., RIEGL Laser Measurement Systems GmbH, UMS Skeldar, Teledyne Optech, LiDARUSA, and Delair.

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