Global LiDAR Drone
Market Report
2024
As per Cognitive Market Research's latest published report, the Global LiDAR Drone market size was USD 0.20 Billion in 2022 and it is forecasted to reach USD 0.96 Billion by 2030. LiDAR Drone Industry's Compound Annual Growth Rate will be 21.6 % from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of LiDAR Drone Market Report 2024.
• The LiDAR Drone Market size in 2023 was XX Million. The LiDAR Drone Market Industry's compound annual growth rate (CAGR) will be XX% from 2024 to 203.
• The market is growing due to the use of LiDAR drones for mining and Increasing applications of drones in Civil and military services.
• LiDAR drones are expensive to operate and subject to a number of stringent laws that impede the expansion of the market.
• Agriculture segment is dominating the market. Drone technology and other robotics applications are driving the precision agriculture sector, where LiDAR data is a key component of the new farming movement.
• North America is the dominant region in the LiDAR drone market because the defense industry is investing more money in cutting-edge technologies.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global LiDAR Drone Market Sales Revenue 2022 | $ 0.2 Billion |
Global LiDAR Drone Market Sales Revenue 2030 | $ 0.96 Billion |
Global LiDAR Drone Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21.6% |
Market Split by LiDAR Type |
|
Market Split by Application |
|
Market Split by Range |
|
Market Split by Drone Type |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of LiDAR Drone industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
LiDAR Drone Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The LiDAR Drone Market size in 2023 was XX Million. The LiDAR Drone Market Industry's compound annual growth rate (CAGR) will be XX% from 2024 to 2031. The word LiDAR is an acronym for Light Detection and Ranging, which is essentially the method of gathering surface data with lasers and turning it into 3D models. LiDAR technology is relatively new. Lidar mapping differs from standard drone surveying in that it is not dependent on what a camera can "see." Rather, lidar employs laser pulses directed at topographic features, utilizing a sensor to measure the reflected light pulses to derive distance information. The market is growing due to the use of LiDAR drones for mining and Increasing applications of drones in Civil and military services.Using LiDAR drones, construction sites' high-risk zones are progressively optically inspected to map their thickness and height. Accumulating real-time data from drones also helps to improve management and on-site communication productivity. By taking overhead photos of the project, these drones also assist engineers and surveyors in visualizing and examining tall buildings. In addition, they provide site managers with an overview of possible problems and facilitate important parts of decision-making to streamline operations at a building site. LiDAR drone manufacturers are being pushed by the growing need to produce more drones, especially for the mining and construction sectors. Hence, as there are various applications and growth the market is expanding.
All across the world, mines are always in production. Large volumes of data must be accurately collected and managed for the many mining advancements. Inaccurate measurements in coal or iron mines result in unprofitable operations and can affect the desired product quality and output. Mines can be classified into four categories: placer, subterranean, open pit, and in-situ. Surveyors must visit the site and take total measurements using traditional measurement methods including total stations, GNSS, and other equipment. These methods take a lot of time and are usually unsafe. Furthermore, the data produced by these techniques is not globally imaginable, which restricts the use of digital updates in contemporary mines. LiDAR systems are used by mining firms to generate GIS data for DEM and DTM models, to gather geospatial data on the natural surface, the infrastructure of a mine, its intended expansion, and to estimate production volumes. Comparing UAV LiDAR systems to traditional approaches, they can produce contour maps, surface/volume calculations, accurate pit models, elevation data, and inventory information in a fraction of the time. For Instance, a British charity for mine clearance In the Angolan province of Cuando Cubango, the HALO Trust and Routescene collaborated to launch a UAV Lidar project in Cuito Cuanavale. The advantages of using UAV Lidar to identify and map minefield characteristics as a foundation for guiding clearance strategy are illustrated in this case study. Through a focused strategy, the results can make clearance activities safer and accelerate clearance.(Source: https://www.gim-international.com/content/article/how-uav-lidar-improves-landmine-clearance-planning)
Mining corporations can promptly identify locations that are appropriate for extraction and those that need more research by analyzing the data collected from these drones. Because they can identify gas leaks and other possible risks both above and below ground, drones are also essential in maintaining the security of mining sites. Cutting-edge sensors, such as infrared cameras, can warn miners, providing them with enough time to react quickly and avert possible accidents. Hence, Drones are now a necessary tool for quickly and efficiently covering large land regions and the market is expanding.
Armed forces and armies employ LiDAR for a wide range of defense purposes, including mapping the battlefield, establishing line of sight, assisting with mine countermeasures, and enabling military vehicles to navigate autonomously. Government agencies are making significant investments in LiDAR drones for use in civil and defense engineering applications to lower risk and improve accuracy in these important industries. The main elements that drive the market for such drones for defense applications include the necessity for unmanned aerial vehicles to secure perimeters, reduce the number of casualties on the battlefield, maintain high precision in LiDAR-based monitoring, and keep places under observation from the skies. Additionally, there has been a rise in the need for infrastructure projects. The LiDAR drone industry is expected to grow as a result of the government's large defense spending and the usage of these drones in all these projects. For Instance, A brand-new drone with light detection and ranging (LiDAR) capabilities that support amphibious operations has been tested by the Australian Navy. During this year's "Exercise Sea Raider," the drone, an S100 unmanned aerial vehicle, carried out bathymetric and littoral light detection using the sensors. According to an official release, the drone was launched from HMAS Adelaide and used green wavelength laser beams to survey the topography of the shoreline and seabed.
(Source: https://interestingengineering.com/innovation/australian-navy-s-100-lidar-drones-amphibious-warfare)Hence, by strengthening its capabilities to repel adversaries, the military is diversifying its unmanned aerial vehicle (UAV) defense tactics and using them for logistical objectives. Due to their ability to access previously inaccessible locations, drones have become an essential tool for government organizations in recent years. Drones are shown to be very helpful in locations where a man cannot reach or is unable to operate in a fast and efficient manner. These places range from rapid land surveillance to scanning an inaccessible military facility.
Around the world, LiDAR has grown incredibly popular. In contrast to technologies, such as the photogrammetric system, laser technology is among the priciest. The easy availability and low cost of a photogrammetric system are predicted to be a hindrance to the industry during the projected time. Furthermore, Laws have been put in place by the government to stop drone-related fatalities. Additionally, the federal authorities forbade drones from flying above 400 meters during the day and all night. The development of regulations about unmanned aerial vehicles and their commercial use is the focus of several nations. Owing to safety concerns, the majority of countries have imposed stringent restrictions on the use of unmanned aerial vehicles at particular altitudes and separations. For Instance, China has imposed new export restrictions on important technologies, such as drones, biotechnology items, and laser radars. Tighter export limits on some products, especially those relating to powerful artificial intelligence processors, have resulted from a rising technological rivalry between the United States and some of its allies. This is because the products have the potential to be utilized for military uses and modernization.
(Source: https://www.scmp.com/news/china/diplomacy/article/3245924/china-brings-new-export-controls-hi-tech-products-amid-ongoing-rivalry-us)LiDAR drones are sophisticated devices that require a lot of battery capacity to operate in surveying situations. The parts and components that are fitted on these drones determine how much electricity they use. Drones carrying large payloads are equipped with expensive LiDAR sensors to ensure their safe transportation. Their entire purchasing and operating expenses are increased by the usage of heavy-weight LiDAR drones. For Instance, the cost of LiDAR sensors varies according to its features, which include accuracy, scan rate, resolution, and range. Depending on the manufacturer and model, a typical LiDAR sensor for drone imaging can cost anywhere from $5,000 to $30,000.(Source: https://www.linkedin.com/advice/1/what-costs-using-lidar-sensors-drone-mapping-skills-drones-mlbec#:~:text=LiDAR%20sensors%20vary%20in%20price,on%20the%20brand%20and%20model.)Because of this, LiDAR drones are expensive to operate and subject to a number of stringent laws that impede the expansion of the market.
The COVID-19 had a negative impact on the LiDAR Drone Market. Reverse Growth Global OEMs and end-user sectors faced different challenges as a result of the COVID-19 pandemic. The severe worldwide shutdown caused by the COVID-19 outbreak has resulted in a months-long production backlog. Consequently, government surveys and the use of drone LIDAR in many countries are ending, or at least temporarily ending, important domains of corridor mapping. Operations related to precision agricultural application, exploration and detection, surveillance, mapping, and cartography are disrupted by the short suspension. This element leads to postponed or canceled service requests or procurements.
We have various report editions of LiDAR Drone Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
To gain a competitive edge and attract a substantial customer base, the leading businesses in the commercial drone industry are focusing on developing innovative solutions. For Instance, the startup Ouster Inc., which makes lidar sensors from laser-emitting semiconductors, announced that it is going public through Colonnade Acquisition Corp., a special-purpose acquisition firm. The deal is valued at $1.9 billion.
(Source: https://siliconangle.com/2020/12/22/lidar-startup-ouster-go-public-1-9b-spac-merger/)
• An important development in drone LIDAR technology, Wingtra, a leader in the field, announced the release of their cutting-edge LIDAR drone solution. By combining the efficiency, operator-friendliness, and high precision of the WingtraOne GEN II drones with a cutting-edge LIDAR sensor designed by Wingtra, the new Wingtra LIDAR payload creates a new standard for the industry.
(Source: https://amerisurv.com/2024/02/12/wingtra-announces-the-launch-of-groundbreaking-lidar-drone-solution-2/)
• For Instance, the newest model in JOUAV's lineup of high-performance Lidar sensors for use in precise powerline inspections, GIS, and surveying applications for unmanned aerial vehicles (UAVs) is the JoLiDAR-1000 Lidar sensor, which is made especially for these sorts of vehicles. “The JoLiDAR-1000 medium-range Lidar sensor highlighted dedication to innovation and quality in offering state-of-the-art Lidar drone solutions that enable our customers to accomplish their objectives more successfully and economically,” says Eric Lee, product manager at JOUAV.
(Source: https://www.gim-international.com/content/news/jouav-unveils-advanced-airborne-lidar-sensor)
Top Companies Market Share in LiDAR Drone Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America is the dominant region in the LiDAR drone market because the defense industry is investing more money in cutting-edge technologies. Additionally, the nation invests a significant amount of money in defense techniques and equipment and has the largest military budget in the world.
Furthermore, the industry has widely embraced a new trend that involves flying slower and lower to collect data at higher altitudes. For Instance, reacting to the new US law, Emesent, an award-winning Australian firm that specializes in autonomy technology for industrial drones, announced that it will supply the US-made Freely Astro drone with high-performance Hovermap LiDAR mapping and autonomy technologies.Developed by Emesent for physically demanding and GPS-denied settings, Hovermap is an advanced simultaneous localization and mapping (SLAM)--based LiDAR mapping and autonomous payload. Surveyors can obtain a high-resolution three-dimensional scan of the surroundings using this instrument, which swiftly and safely gathers survey-grade data.
(Source: https://insideunmannedsystems.com/lidar-solution-provider-emesent-supporting-us-made-drones/)
The current report Scope analyzes LiDAR Drone Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global LiDAR Drone Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing LiDAR Drone Industry growth. LiDAR Drone market has been segmented with the help of its LiDAR Type, Application Range, and others. LiDAR Drone market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
LiDAR Lasers segment is dominating the market, due to recent advances in LiDAR technology which has resulted in a significant reduction in the price and dimensions of LiDAR sensors. A lidar sensor typically uses a laser to emit pulsed light waves into its surroundings. These pulses return to the sensor after bouncing off nearby objects. The sensor determines the distance traveled by measuring the time it takes for each pulse to return to the sensor. For Instance, Luminar Technologies (LAZR.O), opened a new tab and announced a partnership with auto software developer Applied Intuition to help automakers test their assisted-driving systems. Through the partnership, automakers will have ways to test their assisted driving systems by integrating Luminar's lidar sensor models with Applied Intuition's sensor simulator. Lidar sensors are thought to be essential to obtaining complete autonomy in automobiles because they provide driver-assistance and autonomous driving programs with a three-dimensional representation of the route.(Source: https://www.reuters.com/technology/luminar-unveils-new-compact-lidar-sensor-halo-tie-up-with-applied-intuition-2024-04-23/)
• LiDAR Lasers
• Navigation and Positioning Systems
• UAV Cameras
• Others
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of LiDAR Drone Industry. Request a Free Sample PDF!
The dominating is the agriculture segment. Drone technology and other robotics applications are driving the precision agriculture sector, where LiDAR data is a key component of the new farming movement. LiDAR drone technology has a wide range of applications in crop production, irrigation, and mapping. LiDAR drones can provide information to make several maps that can inform agricultural decisions, such as maps that show high, medium, and low crop production areas and deliver information on where and when to use fertilizer. For Instance, Two of Marut Drones' AG365 multi-utility drones, which are DGCA certified, were given to Professor Jayashankar Telangana State Agricultural University (PJTSAU), marking a momentous milestone for the agricultural industry. Marut Drones is a prominent drone technology firm in India. Drones are anticipated to improve academic research projects and agriculture activities. In addition, self-help groups (SHGs), graduates of agriculture schools, and youngsters from rural areas will receive training from them. These courses are being offered by the PJTSAU Drone Academy.
(Source: https://dronelife.com/2024/02/20/marut-drones-delivers-multi-utility-agricultural-drones/)
• Corridor Mapping
• Archaeology
• Construction
• Environment
• Entertainment
• Precision Agriculture
• Others
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
The overuse of UAVs for low-altitude applications gave the short-range segment a dominance of market share. Furthermore, compared to other Lidars, the short-range Lidar is quite inexpensive. Over the course of the projection period, the long-range segment is anticipated to increase at the fastest rate. This increase is attributed to the continued advancement of cutting-edge laser technology, which now offers enhanced detection capabilities and excellent accuracy even at high altitudes.
By Drone Type, the rotary wing segment has the largest revenue share in the LiDAR drone market
Based on drone type, the rotary wing segment has the largest revenue share in the LiDAR drone market. This is due to increasing single multirotor and rotor adoption across the globe. In addition, rotary-wing drones offer more profitable benefits in 3D image plotting applications than fixed-wing drones is propel the demand for this segment.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global LiDAR Drone Market is witnessing significant growth in the near future.
In 2023, the LiDAR Lasers segment accounted for noticeable share of global LiDAR Drone Market and is projected to experience significant growth in the near future.
The Corridor Mapping segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Phoenix LiDAR Systems (United States), LiDARUSA (United States) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
LiDAR Type | LiDAR Lasers, Navigation and Positioning Systems, UAV Cameras, Others |
Application | Corridor Mapping, Archaeology, Construction, Environment, Entertainment, Precision Agriculture, Others |
Range | Short, Medium, Long |
Drone Type | Rotary-wing LiDAR Drones, Fixed-wing LiDAR Drones |
List of Competitors | Phoenix LiDAR Systems (United States), Velodyne LiDAR Inc. (United States), LiDARUSA (United States), RIEGL Laser Measurement Systems GmbH (Austria), YellowScan (France), Teledyne Optech (Canada), UMS Skeldar (Switzerland), Sick AG (Germany), MicroDrones (Germany), OnyxScan (Belgium), SABRE Advanced 3D Surveying Systems (United Kingdom), Delair (France), NextCore (United Kingdom) |
This chapter will help you gain GLOBAL Market Analysis of LiDAR Drone. Further deep in this chapter, you will be able to review Global LiDAR Drone Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America LiDAR Drone Market Trends North America LiDAR Drone Technological Road Map North America LiDAR Drone Market Drivers North America LiDAR Drone Market Restraints North America LiDAR Drone Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation LiDAR Type Analysis 2019 -2031, will provide market size split by LiDAR Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by LiDAR Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Range Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Drone Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global LiDAR Drone market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why LiDAR Lasers have a significant impact on LiDAR Drone market? |
What are the key factors affecting the LiDAR Lasers and Navigation and Positioning Systems of LiDAR Drone Market? |
What is the CAGR/Growth Rate of Corridor Mapping during the forecast period? |
By type, which segment accounted for largest share of the global LiDAR Drone Market? |
Which region is expected to dominate the global LiDAR Drone Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
LiDAR Drone Market
Request Sample