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)
- 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
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