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The LiDAR Drones Market is segmented by Component (Laser Scanners, Navigation and Positioning Systems, Cameras), Product (Rotary Wing LiDAR Drone, Fixed Wing LiDAR Drone), Application (Construction, Mining, Defense Precision, Agriculture, Corridor Mapping), and Geography.
Study Period:
2018 - 2026
Base Year:
2020
Fastest Growing Market:
Asia Pacific
Largest Market:
North America
CAGR:
38.19 %
The LiDAR drones market was valued at USD 74.96 million in 2020, and is projected to reach a value of USD 525.86 million by 2026, recording a CAGR of 38.19% over the forecast period (2021 - 2026).
LiDAR drones is a remote sensing technology that uses rapid laser pulses to map out the surface of the earth. LiDAR is useful when used to create high-resolution digital surfaces, terrain, and elevation models used for various business applications, such as aerospace and defense, natural resources management, and agriculture and forestry, mining, and oil and gas exploration, among others.
By Component | |
Laser Scanners | |
Navigation and Positioning Systems | |
Cameras | |
Other Components |
By Product | |
Rotary Wing LiDAR Drone | |
Fixed Wing LiDAR Drone |
By Application | |
Construction | |
Mining | |
Defense | |
Precision Agriculture | |
Corridor Mapping | |
Other Applications (Government and Entertainment) |
Geography | ||||||
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The key players in the LiDAR drones market are Velodyne LiDAR, Phoenix Aerial Systems, Faro Technology, Leica Geosystems AG, Trimble Navigation Limited, Riegl Laser Measurement Systems GmbH, Sick AG, Optech, Inc., SZ DJI Technology Co. Ltd, and others. The market is neither consolidated nor fragmented. There is no market player leading the market. The industry has been distributed to various key players.
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Advancements in Drone Technology
4.3.2 Cost Effective and Accurate Geo Mapping
4.3.3 Increasing Need for Robust Surveillance Systems across Various Industries
4.4 Market Restraints
4.4.1 Increase in the Cost of Equipment
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Component
5.1.1 Laser Scanners
5.1.2 Navigation and Positioning Systems
5.1.3 Cameras
5.1.4 Other Components
5.2 By Product
5.2.1 Rotary Wing LiDAR Drone
5.2.2 Fixed Wing LiDAR Drone
5.3 By Application
5.3.1 Construction
5.3.2 Mining
5.3.3 Defense
5.3.4 Precision Agriculture
5.3.5 Corridor Mapping
5.3.6 Other Applications (Government and Entertainment)
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 United Kingdom
5.4.2.2 Germany
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Rest of Latin America
5.4.5 Middle East & Africa
5.4.5.1 United Arab Emirates
5.4.5.2 Saudi Arabia
5.4.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Velodyne LiDAR Inc.
6.1.2 Phoenix LiDAR Systems
6.1.3 Sick AG
6.1.4 FARO Technologies Inc.
6.1.5 Riegl Laser Measurement Systems GmbH
6.1.6 Optech Inc.
6.1.7 Leica Geosystems AG
6.1.8 Trimble Navigation Limited
6.1.9 SZ DJI Technology Co., Ltd
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability