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Global LiDAR Drones Strategic Business Report 2023: Relaxation in Regulations Related to Commercial Drone Usage in Varied Applications Drives Growth

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Global Market for LiDAR Drones

Global Market for LiDAR Drones
Global Market for LiDAR Drones

Dublin, April 28, 2023 (GLOBE NEWSWIRE) -- The "LiDAR Drones: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for LiDAR Drones estimated at US$160.2 Million in the year 2022, is projected to reach a revised size of US$791.2 Million by 2030, growing at a CAGR of 22.1% over the analysis period 2022-2030.

Rotary Wing, one of the segments analyzed in the report, is projected to record 23.2% CAGR and reach US$614.9 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Fixed Wing segment is readjusted to a revised 18.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $46.9 Million, While China is Forecast to Grow at 21.1% CAGR

The LiDAR Drones market in the U.S. is estimated at US$46.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$133.4 Million by the year 2030 trailing a CAGR of 21.1% over the analysis period 2022 to 2030.

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Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20% and 18.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.9% CAGR.

Select Competitors (Total 12 Featured) -

  • 3D Robotics, Inc. (3DR)

  • DJI

  • FARO Technologies, Inc.

  • Leica Geosystems AG

  • Phoenix LiDAR Systems

  • Riegl Laser Measurement Systems GmbH

  • SICK AG

  • Teledyne Optech

  • Trimble Navigation Ltd.

  • Velodyne Lidar, Inc.

  • Yellowscan

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute

Details

No. of Pages

179

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$160.2 Million

Forecasted Market Value (USD) by 2030

$791.2 Million

Compound Annual Growth Rate

22.1%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of COVID-19 Pandemic and Looming Global Recession

  • What is LiDAR?

  • LiDAR Drone: An Introduction

  • Global Market Prospects & Outlook

  • Rotary-Wing LiDAR Drones Emerges as the Leading Category

  • Corridor Mapping: The Largest Segment

  • North America Emerges as the Major Regional Market for LiDAR Drones

  • LiDAR Drones - Global Key Competitors Percentage Market Share in 2022 (E)

  • Top LiDAR Drones: A Review

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Relaxation in Regulations Related to Commercial Drone Usage in Varied Applications Drives LiDAR Drone Market

  • LiDAR Drones Find Increasing Use in Corridor Mapping Application

  • Highway Projects Drive Need for LiDAR Drones: Highway & Street Projects Spending (in US$ Billion) in the US for 2010-2020

  • Precision Agriculture Emerges as a Promising Application Market for LiDAR Drones

  • Global Precision Farming Market Size (in US$ Billion) for 2020, 2022 and 2025

  • Government Initiatives to Promote LiDAR Drone Usage for Large-Scale Surveys Boosts Market Prospects

  • LiDAR Drones for Survey of Opencast Mines & Quarries

  • 4D LiDAR Sensors Presents Growth Opportunities

  • LiDAR Drones with Integrated Navigation & Positioning Systems Grow in Importance for Obtaining Precise Geographical Information

  • Use of LiDAR Laser in Drones Continues to Gain Momentum

  • Growing Role of Short-Range LiDAR Drones in Performing Small-Scale Surveys

  • LiDAR Drones Hold Importance for Documentation, Survey & Modeling of Archaeological Sites

  • Rising Demand for Cost-Effective 3D Image Mapping Drives Adoption

  • Technological developments in LiDAR Drones Boost Market Prospects

  • Forest Management and Vegetation Planning Holds Promise for LiDAR Drones

  • Demand for LiDAR Drones Rise in Pollution Modeling and Detecting Presence of Pollutants

  • Strict Regulations Related to Use of Drones in Several Nations Impedes Growth

  • Widespread Availability of Lightweight & Low-Cost Photogrammetry Systems Hampers LiDAR Drones Adoption

  • High Cost of LiDAR Drone: A Major Impediment to Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/l9rbea

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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