Global Lidar Drones Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 156.38 Million |
Market Size (Forecast Year) |
USD 1,125.78 Million |
CAGR |
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Major Markets Players |
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Global LIDAR Drones Market, By Component (LIDAR Lasers, Navigation & Positioning, UAV Camera and Others), Product (Rotary Wing LIDAR Drone and Fixed Wing LIDAR Drone), Range (Short, Medium and Long), Application (Corridor Mapping, Archaeology, Construction, Environment, Entertainment, Defence, Precision Agriculture and Others) - Industry Trends and Forecast to 2030.
LIDAR Drones Market Analysis and Size
The LIDAR drones market is experiencing growing demand for LIDAR-equipped drones across various industries such as agriculture, construction, surveying, and environmental monitoring. These drones offer high-resolution mapping capabilities and accurate 3D imaging, enabling improved data collection and analysis. Secondly, advancements in LIDAR technology, including lighter and more compact sensors, longer-range capabilities, and enhanced data processing software, are driving the adoption of LIDAR drones. This has resulted in increased efficiency, cost-effectiveness, and broader accessibility of LIDAR solutions across all regions.
The global LIDAR drones market is segmented on the basis of type, application, equipment, and function. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Data Bridge Market Research analyses that the global LIDAR drones market which was USD 156.38 million in 2022, would rocket up to USD 1,125.78 million by 2030, and is expected to undergo a CAGR of 28.21% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
LIDAR Drones Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customisable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
By Component (LIDAR Lasers, Navigation & Positioning, UAV Camera and Others), Product (Rotary Wing LIDAR Drone and Fixed Wing LIDAR Drone), Range (Short, Medium and Long), Application (Corridor Mapping, Archaeology, Construction, Environment, Entertainment, Defence, Precision Agriculture and Others), |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa |
Market Players Covered |
DJI (China), SICK AG (Germany), Trimble Inc. (U.S.), Phoenix LiDAR Systems (U.S.), Velodyne Lidar, Inc. (U.S.), RIEGL Laser Measurement Systems GmbH (Austria), Teledyne Optech (Canada), UMS SKELDAR (Switzerland), Fagerman Technologies, dba. LiDARUSA (U.S.), YELLOWSCAN (France), Geodetics, Inc. (U.S.), LiDAR drone OnyxScan (France), Delair (France), 3DR (U.S.), Waymo LLC (U.S.), Leica Geosystems AG - Part of Hexagon (Switzerland), HEXAGON (Sweden), FARO Technologies, Inc. (U.S.), Blue Skies Drone Rental (U.S.), Ouster, Inc. (U.S.), Topcon (Japan) |
Market Opportunities |
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Market Definition
LIDAR stands for light detection and ranging and thus, it is a remote sensing technology that uses light in the form of pulsed laser which in turn is used to measure the distance. Thus, the drones equipped with LIDAR technology use light in the form of a pulsed laser to provide accurate information regarding environmental location. This technology works when a laser is beamed from the sensors and the time is calculated when that laser reflects so that the accurate positioning can be detected. The distance is also calculated using the velocity of light. LIDAR technology works in similar ways to Radar and Sonar but uses a laser instead of radio and sound waves. LIDAR is a direct measurement that produces a point cloud-like image.
Global LIDAR Drones Market Dynamics
Drivers
- Cost reduction and miniaturization
The reduction in the size and cost of LiDAR sensors, along with the development of lightweight drones capable of carrying these sensors, has contributed to the increased adoption of LiDAR drone technology.
- Advancements in LiDAR technology
LiDAR sensor technology has been advancing, with improved accuracy, range, and point cloud density, enabling more precise mapping and data collection. This has significantly contributed to the adoption of LiDAR drone technology and its applications such as drones.
- Integration of drones into airspace regulations
Many countries have implemented regulations specifically for unmanned aerial vehicles (UAVs) or drones. These regulations have evolved over time to accommodate different use cases and ensure the safe and responsible operation of drones. As LIDAR drones fall under the drone category, favorable regulations have made it easier for individuals and businesses to obtain the necessary permits or licenses to operate LIDAR-equipped drones legally.
Opportunity
- The rising demand and application of LIDAR drones in agricultural precision and corridor mapping
LIDAR drones have become valuable tools for precision agriculture, which involves using technology to optimize farming practices and increase crop yield. By capturing high-resolution LIDAR data, drones can provide detailed 3D maps of farmland, including elevation, topography, and vegetation density. This data allows farmers to gain valuable insights into soil health, irrigation needs, crop health, and plant growth patterns.
Restraints/Challenges
- High cost associated with the LIDAR drone
The high cost associated with the LIDAR drone equipment will prove to be a big-time hindrance in the way of market growth. The dearth of skilled professionals and experts to maneuver the LIDAR drones will further slow down the market growth rate. Concerns related to the management of air traffic amid the rise in the level of LIDAR drones will also challenge the market growth.
Recent Development
- In June 2022, Phoenix LiDAR Systems launched airborne topo-bathymetric (ATB) system called HydroRANGER. This system provides dual purpose topographic and bathymetric measurements for full scene mapping of shoreline systems. Utilizing a visible green spectrum laser with an elliptical scan pattern and measurements rates up to 200 kHz.
Global LIDAR Drones Market Scope
The global LIDAR drones market is segmented on the basis of component, product, range and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- LIDAR Lasers
- Navigation & Positioning
- UAV Camera
- Others
Product
- Rotary Wing LIDAR Drone
- Fixed Wing LIDAR Drone
Range
- Short
- Medium
- Long
Application
- Corridor Mapping
- Archaeology
- Construction
- Environment
- Entertainment
- Defence
- Precision Agriculture
- Others
Global LIDAR Drones Market Regional Analysis/Insights
The global LIDAR dronesmarket is analysed and market size insights and trends are provided by country, well component, product, range, and application as referenced above.
The countries covered in the global LIDAR drones market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the LIDAR drones market wherein U.S. is the largest market revenue contributor. Prevalence of high military budgets coupled with rising investment in the technological innovations in the defence sector are the major factors attributable to the growth of LIDAR drones market in this region.
Asia-Pacific is expected to undergo the highest growth rate during the forecast period owing to the rising awareness regarding the benefits of LIDAR drones such as high accuracy.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Semiconductor Infrastructure growth Installed base and New Technology Penetration
The global LIDAR drones market also provides you with a detailed market analysis for every country’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the global LIDAR Dronesmarket, the impact of technology using life line curves, and changes in healthcare regulatory scenarios and their impact on the LIDAR drones market. The data is available for the historic period 2015-2020.
Competitive Landscape and Global LIDAR Drones Market Share Analysis
The global LIDAR drones market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the global LIDAR drones market are:
- DJI (China)
- SICK AG (Germany)
- Trimble Inc. (U.S.)
- Phoenix LiDAR Systems (U.S.)
- Velodyne Lidar, Inc. (U.S.)
- RIEGL Laser Measurement Systems GmbH (Austria)
- Teledyne Optech (Canada)
- UMS SKELDAR (Switzerland)
- Fagerman Technologies, dba. LiDARUSA (U.S.)
- YELLOWSCAN (France)
- Geodetics, Inc. (U.S.)
- LiDAR drone OnyxScan (France)
- Delair (France)
- 3DR (U.S.)
- Waymo LLC (U.S.)
- Leica Geosystems AG - Part of Hexagon (Switzerland)
- HEXAGON (Sweden)
- FARO Technologies, Inc. (U.S.)
- Blue Skies Drone Rental (U.S.)
- Ouster, Inc. (U.S.)
- Topcon (Japan)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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