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LiDAR Drones Market Size, Share, Growth | Forecast 2031
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LiDAR Drones Market Size, Share, Growth | Forecast 2031

Segments - LiDAR Drones Market by Components (Laser Scanners, Navigation & Positioning Systems, Cameras, and Others), Products (Rotary Wing LiDAR Drones and Fixed Wing LiDAR Drones), Applications (Construction, Mining, Defense Precision, Agriculture, Corridor Mapping, and Others), Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 - 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-3271 | 4.7 Rating | 75 Reviews | 230 Pages | Format : PDF Excel PPT

Report Description


LiDAR Drones Market Outlook 2031:

The global LiDAR drones market size was valued at USD 147 Million in 2022 and is projected to reach USD 1.36 Billion by 2031, expanding at a CAGR of 28.1% during the forecast period 2023 - 2031. The growth of the market is attributed to increasing penetration in various industries, such as aerospace and defense, oil & gas, and transportation & logistics.

Light detection and ranging (LiDAR) drone is a sensor module that maps the earth's surface using a quick pulse laser beam. LiDAR technology is widely used in researching and visualizing objective research. It is useful for creating high-resolution advanced surfaces, height models, and territory for a variety of corporate applications, including aviation and defense, agriculture, oil & gas extraction, mining exploration, and management of natural resources.

LiDAR Drones Market Outlook

  • Increasing technical advancements in the drone market and the growing requirement for surveillance are major factors that can drive the LiDAR drones market growth
  • Growing use of data collected through LiDAR drones for the establishment of national guidelines is expected to boost the LiDAR drones market expansion.
  • High cost of the equipment used in LiDAR drones can restrict the LiDAR drones market growth.
  • The rapid improvements in the LiDAR drone industry in regarding to R&D investments and manufacturing processes is expected to create lucrative opportunities during the forecast period.

Scope of LiDAR Drones Market Report

The report on the global LiDAR drones market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

LiDAR Drones Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016 – 2021

Forecast Period

2023 – 2031

Segmentation

Components (Laser Scanners, Navigation & Positioning Systems, Cameras, and Others), Products (Rotary Wing LiDAR Drones and Fixed Wing LiDAR Drones), and Applications (Construction, Mining, Defense Precision, Agriculture, Corridor Mapping, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Sick AG; Trimble Navigation Limited; SZ DJI Technology Co. Ltd; Phoenix LiDAR Systems; and Velodyne LiDAR Inc.

LiDAR Drones Market Segment Insights

Cameras segment is expected to grow at a rapid pace

Based on components, the market is divided into laser scanners, navigation & positioning systems, cameras, and others. The cameras segment is expected to grow at a rapid pace during the forecast period owing to rapidly increasing technological advancements in the automation sector and the growing demand for surveillance solutions.

LiDAR Drones Market Components

Rotary wing lidar drones segment is projected to expand at a considerable CAGR

On the basis of products, the LiDAR drones market is segregated into rotary wing lidar drones and fixed wing lidar drones. The rotary wing lidar drones segment is projected to expand at a considerable CAGR during the forecast period due to increasing focus of manufacturers on the development of short-range LiDAR drones.

Corridor mapping segment is estimated to account for a significant market share.

In terms of applications, the LiDAR drones market share is divided into construction, mining, defense precision, agriculture, corridor mapping, and others. the corridor mapping segment is estimated to account for a significant market share during the forecast period. Corridor mapping is a significant stage in the planning and construction of highways, trains, and oil & gas pipelines, as well as for other critical industrial networking applications.

LiDAR Drones Market Applications

North America is anticipated to constitute a key market share

In terms of regions, the global LiDAR drones market share is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owning to increasing spending on defense-related innovations. Moreover, the presence of major manufacturers is positively influencing the regional market growth.

LiDAR Drones Market Regions

Segments

The global LiDAR drones market has been segmented on the basis of

Components

  • Laser Scanners
  • Navigation & Positioning Systems
  • Cameras
  • Others

 Products

  • Rotary Wing LiDAR Drones
  • Fixed Wing LiDAR Drones

Applications

  • Construction
  • Mining
  • Defense Precision
  • Agriculture
  • Corridor Mapping
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the global lidar drones market are Sick AG; Trimble Navigation Limited; SZ DJI Technology Co. Ltd; Phoenix LiDAR Systems; and Velodyne LiDAR Inc.

Companies are engaging in R&D activities and focusing on collaborations and partnerships to expand their market share.

LiDAR Drones Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LiDAR Drones Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. LiDAR Drones Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. LiDAR Drones Market - Supply Chain
  4.5. Global LiDAR Drones Market Forecast
     4.5.1. LiDAR Drones Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. LiDAR Drones Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. LiDAR Drones Market Absolute $ Opportunity
5. Global LiDAR Drones Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. LiDAR Drones Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global LiDAR Drones Demand Share Forecast, 2019-2026
6. North America LiDAR Drones Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America LiDAR Drones Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America LiDAR Drones Demand Share Forecast, 2019-2026
7. Latin America LiDAR Drones Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America LiDAR Drones Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America LiDAR Drones Demand Share Forecast, 2019-2026
8. Europe LiDAR Drones Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe LiDAR Drones Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe LiDAR Drones Demand Share Forecast, 2019-2026
9. Asia Pacific LiDAR Drones Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific LiDAR Drones Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific LiDAR Drones Demand Share Forecast, 2019-2026
10. Middle East & Africa LiDAR Drones Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa LiDAR Drones Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa LiDAR Drones Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global LiDAR Drones Market: Market Share Analysis
  11.2. LiDAR Drones Distributors and Customers
  11.3. LiDAR Drones Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Methodology

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