Global Drone LiDAR Market Analysis Report 2022-2027

DUBLIN, November 2, 2022 /PRNewswire/ — The “LiDAR Drones Market By LiDAR Type (Topographic, Bathymetric), By Component (LiDAR Lasers, UAV Cameras), Drone Type (Rotary Wing, Fixed Wing), Range (Short Range, Mid Range, Long Range), Application, Region – Global forecasts until 2027″ report has been added to from ResearchAndMarkets.com offer.

The LiDAR The drone market is expected to grow from $147 million in 2022 at $508 million in 2027; it is expected to grow to a CAGR 28.1%

Adoption of drone LiDAR in mining applications is driving growth as mine operators leverage drone LiDAR technology to improve data quality, increase safety and reduce operating expenses; while the increasing adoption of new and advanced technologies has led to increased demand for LiDAR drones for precision agriculture applications.

The mid-range LiDAR drone market is expected to grow at the highest CAGR during the forecast period.

Mid-range LiDAR drones offer high accuracy and operate in a 200-500m interval. These LiDAR drones are heavy duty and suitable for corridor mapping, forestry, shoreline management and mid-scale agriculture applications. In many countries, commercial drones can fly at an altitude of 200-500m without requiring additional authorization from regulatory agencies.

The Corridor Mapping Application Market is expected to grow at the Highest CAGR during the forecast period.

LiDAR drones are used to create 3D maps of terrain using short, medium or long range lasers. They are used for corridor mapping by monitoring and creating a 3D point cloud of roads, railways, power lines and mines. Low-flying LiDAR drones are preferred for corridor mapping applications because they collect data accurately.

They are used to perform corridor mapping for the transport sector to support the planning and management of roads or railways, which require high spatial resolution and accurate mapping. Thus, these various applications of the LiDAR drone in corridor mapping are expected to create significant demand in the coming years.

APAC to deliver significant growth opportunities for the LiDAR Drones Market over the period between 2022 and 2027.

In Asia Pacific, LiDAR drones are primarily used in environmental, corridor mapping, and precision agriculture applications. Market growth in the region can be attributed to increased adoption of LiDAR drones for surveying and mapping operations owing to ongoing infrastructure development projects, rising awareness in Asia Pacific country on forest management and increased mining activities in the region. Precision agriculture is also expected to drive the market in the region.

Competitive landscape

Key Players profiled in this report are Velodyne Lidar, Inc. (USA), RIEGL Laser Measurement Systems GmbH (Austria), Teledyne Optech Inc.(Canada), Phoenix LiDAR Systems (USA), Microdrones (Germany), Yellow Scan (France), UMS Skeldar (Swiss), LIDARUSA (USA), SICK AG (Germany) and GeoCue Group (USA).

Premium Previews

  • Attractive Growth Opportunities for Market Players: Adoption of LIDAR Drones in Mining Applications to Drive Market Growth
  • Topographic LIDAR to Hold Larger Market Size in 2027
  • LIDAR lasers will dominate the market in 2027
  • Rotary-wing LIDAR drones will grow at a higher CAGR during the forecast period
  • Mapping of the United States and corridors to take into account the largest market shares in North America in 2027
  • United States Holds Largest LIDAR Drone Market Share in 2027

Market dynamics

Drivers

  • Adoption of LIDAR drones in mining applications
  • Easing of regulations on the use of commercial drones
  • Growing demand for LIDAR drones for corridor mapping and precision agriculture applications

Constraints

  • Easy availability of inexpensive and lightweight photogrammetry systems
  • Strict regulations and restrictions related to the use of drones in various countries

Opportunities

  • Government initiatives encourage the use of LIDAR drones for large-scale surveys
  • Emergence of 4D LIDAR sensors

Challenges

  • High purchase and operating costs of LIDAR drones
  • Drone Safety and Security Issues

Value chain analysis

  • LIDAR drone market: ecosystem
  • Price analysis
  • Average Selling Prices of Major Players
  • Trends and Disruptions Affecting Customers

Technological analysis

  • LIDAR powered by artificial intelligence (AI)
  • LIDAR drone technologies
  • 2D LIDAR UAV
  • 3D LIDAR UAV
  • 4D LIDAR UAV

Case studies

  • Ventus-Tech used Yellowscan’s Surveyor system to generate accurate map data
  • Geodetics uses cost-effective Velodyne LIDAR sensors
  • Geoterra and Flythru have partnered with Neath Port Talbot Council and Earth Science to solve the Ystalyfera Mountainside problem
  • Sensefly fixed-wing drones helped Public Power Corporation SA (Ppc) calculate lignite volumes
  • with Honeywell, Imu LIDAR Usa achieved higher location accuracy on the ground and in the air

Company Profiles

Key players

  • Phoenix LIDAR systems
  • Riegl Laser Measurement Systems GmbH
  • Velodyne LIDAR, Inc.
  • Teledyne Optech
  • Ums Skeldar
  • LIDARUnited States
  • yellow scan
  • Geodesy, Inc.
  • onyx scan
  • Ag sick
  • Air
  • Microdrones

Other players

  • Livox
  • Roadscene
  • Nextcore
  • Greenvalley International (GVI)
  • Surestar
  • Wake up (beijing) Co., Ltd.
  • Saber Advanced 3D Surveying Systems
  • Cepton, Inc.
  • Draganfly Inc.
  • Geocue Group Inc.
  • Volatus Aerospace Corp.
  • Modus
  • Precision Falcon

Competitive landscape

  • Strategies of Key Players/Right to Earn: 100 Overview of Strategies Adopted by Market Vendors
  • Market: detailed list of the main start-ups/SMEs
  • Market: Competitive benchmarking of major start-ups/SMEs
  • Competitive scenarios and trends
  • LIDAR Drone Market: Product Launches, 2019-2022
  • LIDAR Drone Market: Offers, 2019-2022

For more information on this report, visit https://www.researchandmarkets.com/r/11mcs1

Media Contact:

Research and Markets
Laura Woodsenior
[email protected]

For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900

US Fax: 646-607-1904
Fax (outside the US): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets