NEWARK, Del, Feb. 28, 2023 (GLOBE NEWSWIRE) -- As per Future Market Insights, the global LiDAR drone market size reached US$ 147.0 million in 2022. Overall LiDAR drone sales are set to accelerate at 19.8% CAGR between 2022 and 2032. By 2032, total LiDAR drone market valuation will reach around US$ 892.0 million.
Rotary wing drones will remain the top-revenue generation category during the assessment period. The rotary wing LiDAR drones segment is likely to expand at 19.7% CAGR through 2032.
Rising usage across mining and agricultural industries is driving LiDAR drone demand. For drone-makers, growing investments in agricultural surveillance, mining surveillance, and road traffic surveillance will create enormous growth prospects.
Get a Sample PDF of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16765
LiDAR drones are extensively used in mining industry to make the workflow smooth. They also enhance workers’ safety and help avoid accidents. Hence, expansion of mining industry will elevate LiDAR drone demand through 2032.
LiDAR drones are also gaining wider popularity in precision agriculture applications. Rapid shift towards modern agricultural practices will thus create lucrative opportunities for manufacturers.
Increasing government initiatives encouraging use of LiDAR drones for surveys and law enforcement will boost LiDAR drone sales.
Key Takeaways from LiDAR Drone Market Report:
- The worldwide LiDAR drone market size will reach US$ 892.0 million by 2032.
- Global LiDAR drone sales are set to rise at 15.9% CAGR through 2033.
- By drone type, rotary wing drone demand will increase at 19.7% CAGR between 2022 and 2032.
- Based on LiDAR type, topographic segment is likely to expand at 19.6% CAGR.
- The United States LiDAR drone market is forecast to reach a valuation of US$ 258.2 million in 2032.
- Sales of LiDAR drones across South Korea are set to surge at 20.2% CAGR through 2032.
- The United Kingdom LiDAR drone market will progress at 18.8% CAGR.
- LiDAR drones demand across China is likely to rise at 20.8% CAGR over the next ten years.
“Widening application area of LiDAR drones will play a key role in boosting the global market through 2033.” Says a lead Future Market Insights analyst.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-16765
Who is Winning?
Key LiDAR drone manufacturers are constantly developing effective high-resolution scanning solutions. They are focused on their alliances with AI companies, technology collaborations, and product launch strategies.
Recent Developments:
- In 2022, Censys Technologies integrated LiDAR technology into their fixed wing vertical take-off and landing drone (VTOL).
- In September 2022, Faro Technologies completed the transactions of buying United Kingdom-based company GeoSLAM Ltd. GeoSLAM Ltd is a provider of mobile scanning solutions.
LiDAR Drones Segmentation
By LiDAR Type:
- Topographic
- Bathymetric
By Components:
- LiDAR Lasers
- UAV Cameras
By Drone Type:
- Rotary Wing
- Fixed Wing
By Range:
- Short Range
- Medium Range
- Long Range
By Application:
- Agriculture
- Corridor mapping
- Industrial
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
View Full Report @ https://www.futuremarketinsights.com/reports/lidar-drone-market
Table of Content
1. Executive Summary | LiDAR Drone Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
Click Here for LiDAR Drone Market 300 pages TOC Report
About the Technology Division at Future Market Insights
Future Market Insights' highly experienced Technology team aids companies from all over the world with their specific business intelligence needs through professional research, actionable insights, and strategic recommendations. With a library of over a thousand research and 1 million+ data points, the team has spent over a decade analyzing the technology business across 50+ countries. From start to end, the company provides unrivalled research and consulting services. Please get in touch with us to see how we can help.
Explore Trending Reports of Technology:
Broadband Network Gateway (BNG) Market: The broadband network gateway (BNG) market is anticipated to reach US$ 925.66 million in 2023 and record a CAGR of 11% between 2023 and 2033. The broadband network gateway market is expected to reach US$ 2,629 million in 2033.
TDI (Time Delay Integration) Cameras Market: Global demand for TDI (Time Delay Integration) cameras is forecast to reach US$ 250.14 million by the end of the year 2023, growing at a CAGR of 10% over the forecast period (2023 to 2033).
Light Emitting Diode (LED) Backlight Display Market: The global light emitting diode (LED) backlight display market would exhibit 6.9% CAGR from 2023 to 2033. It would reach a valuation of US$ 141.0 billion by 2033. It is set to exceed a value of US$ 72.1 billion by 2023.
RF Plasma Generators Market: The RF plasma generators market revenue totaled US$ 910 Million in 2022. Sales are projected to increase at an impressive 21% CAGR over the assessment period, with the market valuation reaching US$ 7 Billion by 2033.
Property Management Software Market: The property management software market is projected to grow at a CAGR of 13.1% during the forecast period. The global market is forecast to generate revenues of US$ 4.38 Billion in 2023 and is expected to surpass US$ 15 Billion in 2033.
About Us :
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
