LiDAR Drone Trends and Forecast
The future of the global LiDAR drone market looks promising with opportunities in the mapping and cartography, surveillance, environment, exploration & detection, and precision agriculture applications. The global LiDAR drone market is expected to reach an estimated $0.5 billion by 2030 with a CAGR of 21.3% from 2024 to 2030. The major drivers for this market are increasing preference for affordable 3D image mapping systems and growing use of LiDAR drones for corridor mapping applications.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
LiDAR Drone by Segment
The study includes a forecast for the global LiDAR drone by product type, type, range, application, and region.LiDAR Drone Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Fixed Wing Drone
- Rotary Wing Drone
LiDAR Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Solid-State
- Mechanical
LiDAR Drone Market by Range [Shipment Analysis by Value from 2018 to 2030]:
- Short
- Medium
- Long
LiDAR Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Mapping and Cartography
- Surveillance
- Environment
- Exploration & Detection
- Precision Agriculture
- Others
LiDAR Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of LiDAR Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies LiDAR drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the LiDAR drone companies profiled in this report include-- Velodyne Lidar
- Teledyne Optech
- RIEGL Laser Measurement Systems
- Delair
- Phoenix LiDAR Systems
- Leica Geosystems
- Yellow Scan
- LiDARUSA
- SZ DJI Technology
- Benewake
LiDAR Drone Market Insights
The publisher forecasts that rotary is expected to witness the higher growth over the forecast period due to growing use of single-rotor and multi-rotor uavs globally given to its affordability, stability, and quick positioning of the drones.North America will remain the largest region over the forecast period due to quick adoption of innovative technologies, existence of favorable drone flying laws, and presence of key manufacturers in the region.
Features of the Global LiDAR Drone Market
- Market Size Estimates: LiDAR drone market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: LiDAR drone market size by various segments, such as by product type, type, range, application, and region in terms of value ($B).
- Regional Analysis: LiDAR drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product types, types, ranges, applications, and regions for the LiDAR drone market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the LiDAR drone market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the LiDAR drone market size?Answer: The global LiDAR drone market is expected to reach an estimated $0.5 billion by 2030.
Q2. What is the growth forecast for LiDAR drone market?
Answer: The global LiDAR drone market is expected to grow with a CAGR of 21.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the LiDAR drone market?
Answer: The major drivers for this market are increasing preference for affordable 3D image mapping systems and growing use of LiDAR drones for corridor mapping applications.
Q4. What are the major segments for LiDAR drone market?
Answer: The future of the LiDAR drone market looks promising with opportunities in the mapping and cartography, surveillance, environment, exploration & detection, and precision agriculture applications.
Q5. Who are the key LiDAR drone market companies?
Answer: Some of the key LiDAR drone companies are as follows:
- Velodyne Lidar
- Teledyne Optech
- RIEGL Laser Measurement Systems
- Delair
- Phoenix LiDAR Systems
- Leica Geosystems
- Yellow Scan
- LiDARUSA
- SZ DJI Technology
- Benewake
Answer: The publisher forecasts that rotary is expected to witness the higher growth over the forecast period due to growing use of single-rotor and multi-rotor uavs globally given to its affordability, stability, and quick positioning of the drones.
Q7. In LiDAR drone market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to quick adoption of innovative technologies, existence of favorable drone flying laws, and presence of key manufacturers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the LiDAR drone market by product type (fixed wing drone and rotary wing drone), type (solid-state and mechanical), range (short, medium, and long), application (mapping and cartography, surveillance, environment, exploration & detection, precision agriculture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global LiDAR Drone Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Velodyne Lidar
- Teledyne Optech
- RIEGL Laser Measurement Systems
- Delair
- Phoenix LiDAR Systems
- Leica Geosystems
- Yellow Scan
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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