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Global LiDAR Drone Market: By Type: Fixed Wing, Rotary Wing; By Range: Short Range, Medium Range, Long Range; By Component: Cameras, Navigation and Positioning System, Others; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global LiDAR Drone Market Outlook

The global LiDAR drone market attained a value of about USD 165.3 million in 2021. The market is further expected to grow at a CAGR of 24.1% during the forecast period of 2022-2027 to reach nearly USD 603.7 million by 2027.

 

Rising Use of LiDAR Technology for Corridor Mapping is Augmenting the Market Growth of LiDAR Drones

The global market for LiDAR drones is being driven by the rising demand for unmanned aerial vehicles (UAV), owing to their versatile applicability in various end-use industries, such as agriculture, construction, mining, and defence, among others. The growing adoption of laser and sensor technology for navigation, mapping, precision agriculture, and mining activities is a major factor contributing to the growth of the market.

 

Global LiDAR Drone Marke

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Based on application, the corridor mapping segment is one of the most significant applications of a LiDAR drone, which has been substantially augmenting the growth of the market. Corridor mapping is a critical step during the planning and construction of infrastructure like roadways, railways, and oil and pipelines, among others. The LiDAR technology uses ultraviolet light for effective digital mapping in terrains, mountains, and dense areas. This data is provided by building 3 dimensional models of the reviewed zone and since the information derived using LiDAR technology is highly accurate, it is being increasingly used for corridor mapping in construction activities, thereby stimulating the market growth. Moreover, the rise in residential and commercial constructions in the wake of  urbanisation and industrialisation is providing momentum to the growth of the market.

 

LiDAR Drone: Market Segmentation

LiDAR stands for light detection and ranging, and it is a remote sensing technology that uses rapid laser technology to map out the surface of the earth.

On the basis of type, the market can be divided into:

  • Fixed Wing
  • Rotary Wing

Based on range, the market can be segmented into:

  • Short Range
  • Medium Range 
  • Long Range

The market, based on component, can be classified into:

  • Cameras
  • Navigation and Positioning System
  • Laser Scanners
  • Others

On the basis of application, the market can be categorised into:

  • Corridor Mapping
  • Aerospace and Defence
  • Mining
  • Construction
  • Entertainment
  • Environment
  • Agriculture
  • Others

The EMR report looks into the regional markets of LiDAR drone like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Short-Range Segment is Expected to Hold a Significant Share in the Overall Growth of the Market

The short-range segment of the global market for LiDAR drones is anticipated to hold a significant share in the overall growth of the market in the coming years. This can be attributed to the rising demand for LiDAR systems in various applications. As short-range drones fly at low altitudes, i.e., below 200m, they do not require additional permissions to fly in most regions, thereby favouring the market growth.

Furthermore, short-range drones are lightweight in composition and are power efficient, hence they require small batteries, which leads to a reduction in overall operating costs. Small, low-power, and short-range LiDAR modules can strengthen safety and improve mapping and navigation for industrial robots, machinery, and drones. These features of a short-range drone are thus expected to provide impetus to the market growth.

 

Key Industry Players in the Global LiDAR Drone Market

The report presents a detailed analysis of the following key players in the global LiDAR drone market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • 3D Robotics, Inc.
  • Teledyne Optech
  • Trimble Navigatrion Ltd.
  • Velodyne LiDAR, Inc.
  • Faro Technology
  • Phoenix LiDAR Systems
  • MicroDrones
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Type, Range, Component, Application, Region
Breakup by Type Fixed Wing, Rotary Wing
Breakup by Range Short Range, Medium Range, Long Range
Breakup by Component Cameras, Navigation and Positioning System, Laser Scanners, Others
Breakup by Application Corridor Mapping, Aerospace and Defence, Mining, Construction,
Entertainment, Environment, Agriculture, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered 3D Robotics, Inc., Teledyne Optech, Trimble Navigatrion Ltd.,
Velodyne LiDAR, Inc., Faro Technology, Phoenix LiDAR Systems, MicroDrones, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global LiDAR Drone Market Analysis

    8.1    Key Industry Highlights
    8.2    Global LiDAR Drone Historical Market (2017-2021) 
    8.3    Global LiDAR Drone Market Forecast (2022-2027)
    8.4    Global LiDAR Drone Market by Type
        8.4.1    Fixed Wing
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Rotary Wing
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global LiDAR Drone Market by Range
        8.5.1    Short Range
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Medium Range 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Long Range
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
    8.6    Global LiDAR Drone Market by Component
        8.6.1    Cameras
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Navigation and Positioning System
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Laser Scanners
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Others
    8.7    Global LiDAR Drone Market by Application
        8.7.1    Corridor Mapping
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Aerospace and Defence
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Mining
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Construction
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021)
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Entertainment
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2017-2021)
            8.7.5.3    Forecast Trend (2022-2027)
        8.7.6    Environment
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2017-2021)
            8.7.6.3    Forecast Trend (2022-2027)
        8.7.7    Agriculture
            8.7.7.1    Market Share
            8.7.7.2    Historical Trend (2017-2021)
            8.7.7.3    Forecast Trend (2022-2027)
        8.7.8    Others
    8.8    Global LiDAR Drone Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    3D Robotics, Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Teledyne Optech
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Trimble Navigatrion Ltd.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Velodyne LiDAR, Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Faro Technology
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Phoenix LiDAR Systems
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    MicroDrones
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global LiDAR Drone Market: Key Industry Highlights, 2017 and 2027
2.    Global LiDAR Drone Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global LiDAR Drone Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global LiDAR Drone Historical Market: Breakup by Range (USD Million), 2017-2021
5.    Global LiDAR Drone Market Forecast: Breakup by Range (USD Million), 2022-2027
6.    Global LiDAR Drone Historical Market: Breakup by Component (USD Million), 2017-2021
7.    Global LiDAR Drone Market Forecast: Breakup by Component (USD Million), 2022-2027
8.    Global LiDAR Drone Historical Market: Breakup by Application (USD Million), 2017-2021
9.    Global LiDAR Drone Market Forecast: Breakup by Application (USD Million), 2022-2027
10.    Global LiDAR Drone Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global LiDAR Drone Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America LiDAR Drone Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe LiDAR Drone Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific LiDAR Drone Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America LiDAR Drone Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa LiDAR Drone Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Global LiDAR Drone Market Structure

Key Questions Answered in the Report

The global LiDAR drone market attained a value of nearly USD 165.3 million in 2021.

The market is projected to grow at a CAGR of 24.1% in the forecast period of 2022-2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 603.7 million by 2027.

The market is being driven by the rising applicability of LiDAR drone technology in corridor mapping for accurate results using the laser technology.

Short-range LiDAR drone technology is expected to hold a significant share in the market growth owing to their lightweight designs and industrial applicability.

The major regional markets for LiDAR drone are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The different types of LiDAR drones are fixed wing and rotary wing.

The major ranges of LiDAR drone are short range, medium range, and long range.

The various components of LiDAR drone are cameras, navigation and positioning systems, and laser scanners, among others.

The significant applications of LiDAR drone are corridor mapping, aerospace and defence, mining, construction, entertainment, environment, and agriculture, among others.

The major players in the industry are 3D Robotics, Inc., Teledyne Optech, Trimble Navigatrion Ltd., Velodyne LiDAR, Inc., Faro Technology, Phoenix LiDAR Systems, and MicroDrones, among others.

Analyst Review

The global LiDAR drone market attained a value of about USD 165.3 million in 2021, driven by the increasing applicability of LiDAR drones in various applications. Aided by the accuracy of information provided by LiDAR drones, the market is expected to grow at a CAGR of 24.1% in the forecast period of 2022-2027 to reach nearly USD 603.7 million by 2027.

EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on type, the market can be divided into fixed wing and rotary wing. On the basis of range, the market can be segmented into short range, medium range, and long range. The market, based on component, can be categorised into cameras, navigation and positioning systems, and laser scanners, among others. Based on application, the market can be segmented into corridor mapping, aerospace and defence, mining, construction, entertainment, environment, and agriculture, among others. The major regional markets for LiDAR drone are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are 3D Robotics, Inc., Teledyne Optech, Trimble Navigatrion Ltd., Velodyne LiDAR, Inc., Faro Technology, Phoenix LiDAR Systems, and MicroDrones, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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