Global Light Detection and Ranging (LiDAR) Drones Market Size, Trends & Growth Opportunity, By Product (Rotary Wing LiDAR Drone, and Fixed Wing LiDAR Drone), By Component (Laser Scanners, Navigation and Positioning Systems, Cameras, and Others), and By Applications (Construction, Mining, Défense, Precision Agriculture, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100164 | Industries : Energy & Power | Published On :May 2024 | Page Count : 240
Global Light Detection and Ranging (LiDAR) Drones Market Size, Trends & Growth Opportunity, By Product (Rotary Wing LiDAR Drone, and Fixed Wing LiDAR Drone), By Component (Laser Scanners, Navigation and Positioning Systems, Cameras, and Others), and By Applications (Construction, Mining, Défense, Precision Agriculture, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Light Detection and Ranging (LiDAR) Drones Market
Global Light Detection and Ranging (LiDAR) Market was valued at USD 130.5 million in 2021 and is expected to reach USD 1,250 million by 2027, at a CAGR 43.18% from 2022-2027.
Light detection and ranging (LiDAR) technology measures distance to a target with the help of lasers. LiDAR technology relies on illuminating objects with the help of lasers and measures the reflected light with a sensor. The technology is expected to offer drone technology with new wings in a multitude of various applications. It has gained immense popularity following the introduction of GPS for calculating accurate geospatial measurements.
Market Drivers
Increasing demand for LiDAR drones for corridor mapping and precision agriculture applications are the key driving factors which are expected to boost the global light detection and ranging (LiDAR) drones market growth.
Furthermore, rising technological developments will have a positive impact on market growth. The growing use of mid-and high-level precision GPS receivers especially in the construction industry is one of the major factors driving the growth of the market. GPS technology is widely being adopted in large-scale construction projects such as megaprojects for civil construction sites.
Market Restraints
However, easy availability of low-cost and lightweight photography systems is the major challenging factor which is expected to restrain the global light detection and ranging (LiDAR) drones market growth.
Furthermore, stringent rules and regulations related to use of drones in many countries will hinder the light detection and ranging (LiDAR) drones market growth.
Market Segmentation
The Global Light Detection and Ranging (LiDAR) Drones Market is segmented into product such as Rotary Wing LiDAR Drone, and Fixed Wing LiDAR Drone, by components such as Laser Scanners, Navigation and Positioning Systems, Cameras, and Others.
Further, market is segmented into applications such as Construction, Mining, Défense, Precision Agriculture, and Others.
Regional Analysis
The Global Light Detection and Ranging (LiDAR) Drones Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region dominates the light detection and ranging (LiDAR) market due to the high adoption of administrative regulations and various mandates on the installation of automotive safety technologies in both heavyweight vehicles and lightweight vehicles.
Market Key Players
Various key players are discussed into the Global Light Detection and Ranging (LiDAR) Drones Market Report including: Velodyne LiDAR, Inc., Riegl Laser Measurement Systems GmbH, Phoenix LiDAR Systems, UMS Skeldar, LiDARUSA, YellowScan, OnyxScan, Delair, Valeo, ZX Lidars, and Others.
For Instance, in October 2019, RedTail launched its new Hi-Res LiDAR mapping system for small drones. It was designed to provide high-resolution, 3D images of objects on the ground from small drones flying at an altitude up to 400 feet.
Market Taxonomy
By Product
• Rotary Wing LiDAR Drone
• Fixed Wing LiDAR Drone
By Component
• Laser Scanners
• Navigation and Positioning Systems
• Cameras
• Others
By Application
• Construction
• Mining
• Défense
• Precision Agriculture
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Light Detection and Ranging (LiDAR) Drones Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Light Detection and Ranging (LiDAR) Drones Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Light Detection and Ranging (LiDAR) Drones Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Product
5.3 Global Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Product
5.3.1 Rotary Wing LiDAR Drone
5.3.2 Fixed Wing LiDAR Drone
6 Global Light Detection and Ranging (LiDAR) Drones Market, By Component
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Component
6.3 Global Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Component
6.3.1 Laser Scanner
6.3.2 Navigation & Positioning Systems
6.3.3 Cameras
6.3.4 Others
7 Global Light Detection and Ranging (LiDAR) Drones Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Application
7.3 Global Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Application
7.3.1 Construction
7.3.2 Mining
7.3.3 Défense
7.3.4 Precision Agriculture
7.3.5 Others
8 Global Light Detection and Ranging (LiDAR) Drones Market, By Region
8.1 Global Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Region
8.2 Global Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Region
8.3 Global Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Region
9 North America Light Detection and Ranging (LiDAR) Drones Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Product
9.3 North America Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Component
9.4 North America Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Application
9.5 North America Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Light Detection and Ranging (LiDAR) Drones Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Product
10.3 Europe Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Component
10.4 Europe Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Application
10.5 Europe Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Light Detection and Ranging (LiDAR) Drones Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Product
11.3 Asia Pacific Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Component
11.4 Asia Pacific Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Application
11.5 Asia Pacific Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Light Detection and Ranging (LiDAR) Drones Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Product
12.3 Latin America Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Component
12.4 Latin America Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Application
12.5 Latin America Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Light Detection and Ranging (LiDAR) Drones Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Light Detection and Ranging (LiDAR) Drones Market Share Analysis, By Product
13.3 Middle East Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Component
13.4 Middle East Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Application
13.5 Middle East Light Detection and Ranging (LiDAR) Drones Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Velodyne LiDAR, Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Riegl Laser Measurement Systems GmbH
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Phoenix LiDAR Systems
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 UMS Skeldar
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 LiDARUSA
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 YellowScan
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Onyx Scan
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Delair
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Valeo
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.10 ZX Lidars
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies