Global LiDAR Drones Strategic Business Report 2023: Relaxation in Regulations Related to Commercial Drone Usage in Varied Applications Drives Growth
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.
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)
FARO Technologies, Inc.
Leica Geosystems AG
Phoenix LiDAR Systems
Riegl Laser Measurement Systems GmbH
Trimble Navigation Ltd.
Velodyne Lidar, Inc.
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
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Key Topics Covered:
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
For more information about this report visit https://www.researchandmarkets.com/r/l9rbea
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