Light Detection And Ranging (LiDAR) Drone Market - Global Industry Analysis

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

Published Date: 14-Feb-2020 Category: Technology & Media Report Format : PDF Pages: 150 Report Code: ZMR-5245 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.

Description

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).

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. 

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

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Light Detection And Ranging (LiDAR) Drone Market, 2016–2026 (USD Million)
    • 2.2. Light Detection And Ranging (LiDAR) Drone Market: Snapshot
  • Chapter 3. Global Light Detection And Ranging (LiDAR) Drone Market– Industry Analysis
    • 3.1. Light Detection And Ranging (LiDAR) Drone Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Escalating demand for high resulution 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.
      • 3.2.2. 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.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Component
      • 3.4.2. Market attractiveness analysis By Type
      • 3.4.3. Market attractiveness analysis By Range
      • 3.4.4. Market attractiveness analysis By Application
  • Chapter 4. Global Light Detection And Ranging (LiDAR) Drone Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Light Detection And Ranging (LiDAR) Drone Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Light Detection And Ranging (LiDAR) Drone Market– Component Analysis
    • 5.1. Global Light Detection And Ranging (LiDAR) Drone Market overview: By Component
      • 5.1.1. Global Light Detection And Ranging (LiDAR) Drone Market share, By Component , 2019 and 2026
    • 5.2. LiDAR Lasers
      • 5.2.1. Global Light Detection And Ranging (LiDAR) Drone Market By LiDAR Lasers, 2016–2026 (USD Million)
    • 5.3. UAV Cameras
      • 5.3.1. Global Light Detection And Ranging (LiDAR) Drone Market By UAV Cameras , 2016–2026 (USD Million)
  • Chapter 6. Global Light Detection And Ranging (LiDAR) Drone Market– Type Analysis
    • 6.1. Global Light Detection And Ranging (LiDAR) Drone Market overview: By Type
      • 6.1.1. Global Light Detection And Ranging (LiDAR) Drone Market share, By Type , 2019 and 2026
    • 6.2. Rotary-Wing LiDAR Drones
      • 6.2.1. Global Light Detection And Ranging (LiDAR) Drone Market By Rotary-Wing LiDAR Drones, 2016–2026 (USD Million)
    • 6.3. Fixed-Wing LiDAR Drones
      • 6.3.1. Global Light Detection And Ranging (LiDAR) Drone Market By Fixed-Wing LiDAR Drones , 2016–2026 (USD Million)
  • Chapter 7. Global Light Detection And Ranging (LiDAR) Drone Market– Range Analysis
    • 7.1. Global Light Detection And Ranging (LiDAR) Drone Market overview: By Range
      • 7.1.1. Global Light Detection And Ranging (LiDAR) Drone Market share, By Range , 2019 and 2026
    • 7.2. Short
      • 7.2.1. Global Light Detection And Ranging (LiDAR) Drone Market By Short, 2016–2026 (USD Million)
    • 7.3. Medium
      • 7.3.1. Global Light Detection And Ranging (LiDAR) Drone Market By Medium, 2016–2026 (USD Million)
    • 7.4. Long
      • 7.4.1. Global Light Detection And Ranging (LiDAR) Drone Market By Long, 2016–2026 (USD Million)
  • Chapter 8. Global Light Detection And Ranging (LiDAR) Drone Market– Application Analysis
    • 8.1. Global Light Detection And Ranging (LiDAR) Drone Market overview: By Application
      • 8.1.1. Global Light Detection And Ranging (LiDAR) Drone Market share, By Application, 2019 and 2026
    • 8.2. CORRIDOR MAPPING
      • 8.2.1. Global Light Detection And Ranging (LiDAR) Drone Market By CORRIDOR MAPPING, 2016–2026 (USD Million)
    • 8.3. Archeulogy
      • 8.3.1. Global Light Detection And Ranging (LiDAR) Drone Market By Archeulogy , 2016–2026 (USD Million)
    • 8.4. Environment
      • 8.4.1. Global Light Detection And Ranging (LiDAR) Drone Market By Environment , 2016–2026 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1. Phoenix LiDAR Systems
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. RIEGL Laser Measurement Systems GmbH
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Velodyne LiDAR, Inc.
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Teledyne Optech
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. UMS Skeldar
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. LiDARUSA
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. YellowScan
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. Geodetics, Inc.
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. OnyxScan
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. Delair
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Light Detection And Ranging (LiDAR) Drone Market, 2016–2026 (USD Million)
4. Porter’s Five Forces Analysis
5. Global Light Detection And Ranging (LiDAR) Drone Market attractiveness, By Component 
6. Global Light Detection And Ranging (LiDAR) Drone Market Share By Component ,2019 and 2026 (USD Million)
7. Global Light Detection And Ranging (LiDAR) Drone Market by  LiDAR Lasers,2016–2026 (USD Million)
8. Global Light Detection And Ranging (LiDAR) Drone Market, By UAV Cameras , 2016–2026 (USD Million)
9. Global Light Detection And Ranging (LiDAR) Drone Market Share By Type,2019 and 2026 (USD Million)
10. Global Light Detection And Ranging (LiDAR) Drone Market by Rotary-Wing LiDAR Drones,2016–2026 (USD Million)
11. Global Light Detection And Ranging (LiDAR) Drone Market, By Fixed-Wing LiDAR Drones, 2016–2026 (USD Million)
12. Global Light Detection And Ranging (LiDAR) Drone Market Share By Range,2019 and 2026 (USD Million)
13. Global Light Detection And Ranging (LiDAR) Drone Market by  Short,2016–2026 (USD Million)
14. Global Light Detection And Ranging (LiDAR) Drone Market, By Medium, 2016–2026 (USD Million)
15. Global Light Detection And Ranging (LiDAR) Drone Market, By Long, 2016–2026 (USD Million)
16. Global Light Detection And Ranging (LiDAR) Drone Market Share By Application,2019 and 2026 (USD Million)
17. Global Light Detection And Ranging (LiDAR) Drone Market by  CORRIDOR MAPPING,2016–2026 (USD Million)
18. Global Light Detection And Ranging (LiDAR) Drone Market, By Archeology, 2016–2026 (USD Million)
19. Global Light Detection And Ranging (LiDAR) Drone Market, By Environment, 2016–2026 (USD Million)
20. Global Light Detection And Ranging (LiDAR) Drone Market share, by Region, 2019 and 2026
21. North America Light Detection And Ranging (LiDAR) Drone Market, 2016–2026 (USD Million)
22. Europe Light Detection And Ranging (LiDAR) Drone Market, 2016–2026 (USD Million)
23. Asia Pacific Light Detection And Ranging (LiDAR) Drone Market, 2016–2026 (USD Million)
24. Latin America Light Detection And Ranging (LiDAR) Drone Market, 2016–2026 (USD Million)
25. The Middle East and Africa Light Detection And Ranging (LiDAR) Drone Market, 2016–2026 (USD Million)


Table Of Tables

List of Tables

1. Global Light Detection And Ranging (LiDAR) Drone Market: snapshot
2. Drivers of the Light Detection And Ranging (LiDAR) Drone Market: impact analysis
3. North America Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
4. North America Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
5. North America Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
6. North America Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
7. The U.S. Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
8. The U.S. Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
9. The U.S. Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
10. The U.S. Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
11. Rest of North America Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
12. Rest of North America Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
13.  Rest of North America Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
14.  Rest of North America Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
15. Europe Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
16. Europe Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
17. Europe Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
18. Europe Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
19. UK Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
20. UK Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
21. UK Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
22. UK Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
23. France Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
24. France Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
25. France Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
26. France Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
27. Germany Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
28. Germany Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
29. Germany Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
30. Germany Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
31. Rest of Europe Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
32. Rest of Europe Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
33. Rest of Europe Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
34. Rest of Europe Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
35. Asia Pacific Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
36. Asia Pacific Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
37. Asia Pacific Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
38. Asia Pacific Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
39. China Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
40. China Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
41. China Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
42. China Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
43. Japan Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
44. Japan Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
45. Japan Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
46. Japan Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
47. India Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
48. India Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
49. India Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
50. India Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
51. Rest of Asia Pacific Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
52. Rest of Asia Pacific Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
53. Rest of Asia Pacific Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
54. Rest of Asia Pacific Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
55. Latin America Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
56. Latin America Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
57. Latin America Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
58. Latin America Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
59. Brazil Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
60. Brazil  Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
61. Brazil Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
62. Brazil Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
63. Rest of Latin America Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
64. Rest of Latin America Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
65. Rest of Latin America Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
66. Rest of Latin America Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
67. The Middle East and Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
68. The Middle East and Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026
69. The Middle East and Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
70. The Middle East and Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
71. Saudi Arabia Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
72. Saudi Arabia Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
73. Saudi Arabia Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
74. Saudi Arabia Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
75. South Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
76. South Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
77. South Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
78. South Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)
79. Rest of the Middle East & Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Component , 2016–2026 (USD Million)
80. Rest of the Middle East & Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Type, 2016–2026 (USD Million)
81. Rest of the Middle East & Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Range, 2016–2026 (USD Million)
82. Rest of the Middle East & Africa Light Detection And Ranging (LiDAR) Drone Market revenue, By Application, 2016–2026 (USD Million)


 
 

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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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