LiDAR Drone Market Scenario
Growing demand for LiDAR drones for corridor mapping and precision agriculture applications coupled with initiatives undertaken by governments of different countries are some of the major factors driving the global LiDAR drone market globally. Moreover, easing of regulations related to use of commercial drones in different applications is also one of the key factor propelling the market growth. However, easy availability of low-cost and lightweight photogrammetry systems is one of the major restraint which is expected to hinder the market growth during the forecast period.
LiDAR Drone Market Segmentation
The LiDAR drone market is segmented by Type, Range, Technology, Application and Geography. The Type studied in the report are Rotary-Wing LiDAR Drones and Fixed-Wing LiDAR Drones. Furthermore, the Range comprises of Short-Range LiDAR Drones, Medium-Range LiDAR Drones and Long-Range LiDAR Drones. Likewise, the Materials used in manufacturing LiDAR drone are 2D Technology, 3D Technology and 4D Technology. Various Applications of LiDAR drone are Corridor Mapping, Archeology, Construction, Environment, Entertainment, Precision Agriculture and Others. Based on Geography, the LiDAR drone Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
LiDAR Drone Market by Geography
Geographically, the LiDAR drone market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. The North America region dominated the global LiDAR drone market. The growth of the market in North America can be attributed to the increased adoption of LiDAR drones in this region. Governments of different countries of North America are undertaking various initiatives such as Part 107 to ease the use of commercial drones.
LiDAR Drone Market Key Players
Some of the major players operating in the global LiDAR drone market includes Riegl Laser Measurement Systems GmbH, Velodyne LiDAR, Inc., Teledyne Optech, UMS Skeldar, LiDARUSA, YellowScan, Geodetics, Inc., OnyxScan, Delair, MicroDrones, Livox, Sick AG, Routescene and Nextcore. These companies have adopted both organic and inorganic growth strategies such as product launches, partnerships, collaborations, contracts, agreements, acquisitions, and expansions to strengthen their position in the market.
LiDAR Drone Market Report Key Benefits