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Global Lidar Drone Market to Grow at a CAGR of 25.20% During 2024-2032, Driven by the Rapid Deployment of Lidar Drones in Military and Defence Applications

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LiDAR Drone Market

Global LiDAR Drone Market Size, Share, Trends, Analysis, Forecast: By Type: Fixed Wing, Rotary Wing; By Range: Short Range, Medium Range, Long Range; By Component: Cameras, Navigation and Positioning System, Laser Scanners, Others; By Application; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global LiDAR Drone Market Outlook

The global LiDAR drone market size attained a value of approximately USD 272.44 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 25.20%, reaching a value of around USD 2,055.93 million by 2032.

 

The increasing applications of LiDAR drones in the aerospace and defence sector, to facilitate various operations related to positioning and navigation, search and rescue, patrolling, battlefield mapping, determining line of sight, and carrying out mine countermeasures, is driving the LiDAR drone market growth. Over the forecast period, rising military expenditure leading to heightened technological advancements are further likely to fuel the growth of the market for LiDAR drones. Meanwhile, the growing applications of LiDAR drones across various sectors for 3D modelling processes, is likely to be a crucial driving factor of the market as 3D models executed by LiDAR drones are cost-effective, quick, and accurate.

 

Global LiDAR Drone Market

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Rising Use for Corridor Mapping is Augmenting the Market for LiDAR Drones

The 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 adding to the market growth.

 

Corridor mapping is one of the most significant applications of LiDAR drones, which has been substantially augmenting the growth of the market. During the planning and construction of infrastructure like roadways, railways, and oil and pipelines, corridor mapping is a critical step. 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 strengthening the market. Moreover, the rise in residential and commercial constructions in the wake of  urbanisation and industrialisation is providing momentum to the growth of the market for LiDAR drones.

 

LiDAR Drone Market Segmentation

Light detection and ranging, also known as LiDAR, is a remote sensing technology that uses rapid laser technology to map out the surface of the earth. LiDAR drones refer to drones that carry LiDAR sensors that can perform data collection and other tasks.

 

Global LiDAR Drone Market

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The LiDAR drone market segmentation on the basis of type is:

  • Fixed Wing
  • Rotary Wing

 

Based on range, the market is segmented into:

  • Short Range
  • Medium Range 
  • Long Range

 

On the basis of component, the market is classified into:

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

 

Based on application, the market is categorised into:

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

 

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

 

Global LiDAR Drone Market Share by Range

The short-range segment of the global market for LiDAR drones by range is anticipated to hold a significant share in the overall growth of the market in the coming years. As short-range drones fly at low altitudes, such as below 200 m, they do not require additional permissions to fly in most regions, thereby favouring the market growth.

 

Global LiDAR Drone Market

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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, thereby, adding to the LiDAR drone market revenue. 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 short-range drones are thus expected to offer lucrative LiDAR drone market opportunities.

 

Key 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
  • SICK AG
  • Leica Geosystems AG
  • TDK Corporation
  • SZ DJI Technology Co., Ltd.
  • Others

 

The comprehensive report looks at the micro and macro aspects of the market. 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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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
  • SICK AG
  • Leica Geosystems AG
  • TDK Corporation
  • SZ DJI Technology Co., Ltd.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global LiDAR Drone Market Analysis
    8.1    Key Industry Highlights
    8.2    Global LiDAR Drone Historical Market (2018-2023) 
    8.3    Global LiDAR Drone Market Forecast (2024-2032)
    8.4    Global LiDAR Drone Market by Type
        8.4.1    Fixed Wing
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Rotary Wing
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global LiDAR Drone Market by Range
        8.5.1    Short Range
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Medium Range 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Long Range
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global LiDAR Drone Market by Component
        8.6.1    Cameras
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Navigation and Positioning System
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Laser Scanners
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Global LiDAR Drone Market by Application
        8.7.1    Corridor Mapping
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Aerospace and Defence
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Mining
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Construction
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Entertainment
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Environment
            8.7.6.1    Historical Trend (2018-2023)
            8.7.6.2    Forecast Trend (2024-2032)
        8.7.7    Agriculture
            8.7.7.1    Historical Trend (2018-2023)
            8.7.7.2    Forecast Trend (2024-2032)
        8.7.8    Others
    8.8    Global LiDAR Drone Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032) 
9    North America LiDAR Drone Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe LiDAR Drone Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific LiDAR Drone Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America LiDAR Drone Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa LiDAR Drone Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    3D Robotics, Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Teledyne Optech
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Trimble Navigatrion Ltd.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Velodyne LiDAR, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Faro Technology
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Phoenix LiDAR Systems
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    MicroDrones
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    SICK AG
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Leica Geosystems AG
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    TDK Corporation
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    SZ DJI Technology Co., Ltd.
            16.2.11.1    Company Overview
            16.2.11.2    Product Portfolio
            16.2.11.3    Demographic Reach and Achievements
            16.2.11.4    Certifications
        16.2.12    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global LiDAR Drone Market: Key Industry Highlights, 2018 and 2032
2.    Global LiDAR Drone Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global LiDAR Drone Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global LiDAR Drone Historical Market: Breakup by Range (USD Million), 2018-2023
5.    Global LiDAR Drone Market Forecast: Breakup by Range (USD Million), 2024-2032
6.    Global LiDAR Drone Historical Market: Breakup by Component (USD Million), 2018-2023
7.    Global LiDAR Drone Market Forecast: Breakup by Component (USD Million), 2024-2032
8.    Global LiDAR Drone Historical Market: Breakup by Application (USD Million), 2018-2023
9.    Global LiDAR Drone Market Forecast: Breakup by Application (USD Million), 2024-2032
10.    Global LiDAR Drone Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global LiDAR Drone Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America LiDAR Drone Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe LiDAR Drone Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific LiDAR Drone Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America LiDAR Drone Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa LiDAR Drone Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa LiDAR Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Global LiDAR Drone Market Structure

Key Questions Answered in the Report

What was the global LiDAR drone market value in 2023?

The global market for LiDAR drones attained a value of approximately USD 272.44 million in 2023.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 25.20% between 2024 and 2032.

What is the LiDAR drone market forecast for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 2,055.93 million by 2032.

What are the major drivers of the market?

The market is being driven by the increasing usage of LiDAR drones in corridor mapping and precision agriculture and relaxations of regulations pertaining to the usage of commercial drones.

What are the key trends of the market?

The key LiDAR drone market trends include initiatives of various governments supporting the sue of LiDAR drones, particularly for large-scale surveys, increasing industrial applicability, and development of LiDAR drones with advanced sensors.

What are the major regional markets for LiDAR drones, according to the EMR report?

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

What are the different types of LiDAR drones?

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

What are the major ranges of LiDAR drones?

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

What are the various components of LiDAR drones?

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

What are the significant applications of LiDAR drone?

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

Who are the key market players, according to the LiDAR drone market report?

The major players in the market, according to the report, are 3D Robotics, Inc., Teledyne Optech, Trimble Navigatrion Ltd., Velodyne LiDAR, Inc., Faro Technology, Phoenix LiDAR Systems, MicroDrones, SICK AG, Leica Geosystems AG, TDK Corporation, and SZ DJI Technology Co., Ltd., among others.

Analyst Review

The global LiDAR drone market attained a value of approximately USD 272.44 million in 2023, driven by the increasing usage 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 25.20% in the forecast period of 2024-2032, reaching a value of around USD 2,055.93 million by 2032.

 

EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the market. Based on type, the market is bifurcated into fixed wing and rotary wing. On the basis of range, the market is divided into short range, medium range, and long range. The market, based on component, is categorised into cameras, navigation and positioning systems, and laser scanners, among others. Based on application, the market is segmented into corridor mapping, aerospace and defence, mining, construction, entertainment, environment, and agriculture, among others. The major regional markets for LiDAR drones are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the market are 3D Robotics, Inc., Teledyne Optech, Trimble Navigatrion Ltd., Velodyne LiDAR, Inc., Faro Technology, Phoenix LiDAR Systems, MicroDrones, SICK AG, Leica Geosystems AG, TDK Corporation, and SZ DJI Technology Co., Ltd., 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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We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

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We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

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