LiDAR Drone Market size was valued at USD 3.9 Billion in 2023 and the total LiDAR Drone revenue is expected to grow at a CAGR of 6 % from 2024 to 2030, reaching nearly USD 4.46 Billion by 2030.LiDAR Drone Market Overview:
LiDAR stands for light detection and ranging. It is a remote sensing method, which is being used in combination with drones. LiDAR drones are the remote sensing-based flying robot, which uses light detection and ranging technology (LiDAR) sensors that are mounted on a drone and uses light energy from laser pulses to collect the geospatial data. As the sensors have evolved, currently, the option to capture aerial LIDAR data from classical manned airborne and lightweight UAV is transforming the drone industry. With the higher density, or a higher resolution, the detail of information from the drone-based LiDAR sensor is more robust is expected to drive the demand for LiDAR Drone Market.To know about the Research Methodology :- Request Free Sample Report 1. Lidar equipment import shipments in India stood at 41, imported by 17 India Importers from 14 Suppliers. 2. India imports most of its Lidar equipment from United States, Germany and Greece and is the largest importer of Lidar equipment in the World. 3. The top 3 importers of Lidar equipment are India with 41 shipments followed by United States with 30 and Vietnam at the 3rd spot with 11 shipments. Numerous LiDAR adoptions have been addressed by the public. The initial purpose of integrating LiDAR into the automotive industry was to leverage its unique benefits to address the limitations of existing sensors like cameras, which is often highlighted by many LiDAR startup companies. The OEMs and Tier 1 LiDAR Drone companies have very different considerations compared with Tier 2 LiDAR companies, with the latter focusing more on technology advancement and performance improvement, while the former values other factors equally or more costs, reliability, the possibility to pass automotive grade, supply chain, mass-production capability, scalability and ease of integration, to name a few. In addition, the LiDAR Drone market landscape shows very different behavior in the Chinese market and non-Chinese markets.
LiDAR Drone Market Dynamics:
Technological Advancements and Regulatory Support Driving the LiDAR Drone Market The technological advancements in LiDAR sensors and drone machines or robots are the major driving factor behind the growth of the LiDAR drone market. Increasing stringent regulations associated with the use of commercial drones for various applications, requirement of LiDAR drones for agriculture, forestry, police and fire fighting and corridor mapping applications, advancements in 4D LiDAR sensors, or remote areas and demand of LiDAR drones for delivery purpose are some of the prominent factors, which are expected to increase the growth of the LiDAR drone market through the forecast period. Increasing government initiatives and investments are providing additional assistance to farmers and fueling the growth of the LiDAR drone Industry. Several countries' governments are making efforts to provide support to farmers. Numerous technological choices for the key components and measurement methods.Overcoming Cost and Training Barriers Laser technology is one of the most expensive when compared to other technologies, such as the photogrammetric system. The market is likely to face obstacles through the estimated time due to the low price and easy accessibility of photogrammetric systems. A significant problem for the industry is the lack of training programs and skilled technicians to operate long-range UAVs and drone coverage. Contrary to popular assumption, neither traditional aircraft commercial pilots nor drone pilots receive any formal training or certification from any organization. Additionally, drone operators pay astronomical registration fees and get permission before each flight. Some nations have placed restrictions on the use of drones, including Algeria, Barbados, Brunei, Côte d'Ivoire, Cube, Iran, Kenya, Kuwait, Kyrgyzstan, Madagascar, Morocco, Nicaragua, Saudi Arabia, Senegal, Sri Lanka, Syria, and Uzbekistan. Such regulations serve as barriers to the growth of the LiDAR drone business.
LiDAR Drone Market Segment Analysis:
By Applications, the Corridor Mapping segment dominated the LiDAR Drone Market in the year 2023. An increase in adoption of LiDAR drones in corridor mapping for various industrial applications like the construction and development of railways, highways, oil and gas pipelines, and roadways is propelling the growth of the market. Rapid infrastructure development and high government investments in the highway corridor projects are further expected to drive the demand for LiDAR drones for corridor mapping applications during the forecast period. LiDAR drones are used to survey power lines, oil & gas pipelines, and railway tracks in difficult terrains to optimize their maintenance operations, eliminating the risk to human lives. They save the manpower and the time required for surveying applications. LiDAR drones enable 3D modelling and simulation through which end users make informed decisions and plan their operations. The LiDAR market catering to automotive and industrial applications is on the brink of substantial growth. Its projected growth trajectory will take it from $2.1 billion in 2021 to a robust $6.3 billion by 2027.
LiDAR Drone Market Regional Insight:
The North American region held the largest share of the global LiDAR Drone market in 2023. The United States and other developed countries are increasing investments in research, technology, and commercial services and shifting organizational strategies to improve the resiliency of their military space capabilities and capacities. High investments and organizational changes in new military space concepts are expected to increase the adoption of LiDAR Drone. In the North America, Governments of different countries are undertaking various initiatives to ease the use of commercial drones are driving the LiDAR Drone market growth. Emerging trend toward collecting data at higher points by flying lower and slower has also been widely adopted in the industry. Multiple scientists stated that by adopting the method, the system measure ground with 520 or up to 40 points per square meter. The method is used a lot in the United States for topographic surveys because it is thought to give an accurate and precise map of the objects. In the United States, the FAA commercial drone pilot test, which is mandatory for those operating within the U.S. Involves a fee of $200, with an associated preparation period spanning approximately one week, totaling 15-30 hours.1. Lidar worth $2,748,830 have been imported 2. Average import price for lidar was $3,972.30. 3. Lidar were imported from 11 countries 4. United Kingdom was the largest exporter of lidar accounting for 36.60% of the total imports of lidar 5. Greece was the second largest exporter of lidar accounting for 35.84% of the total imports of lidar LiDAR Drone Market Competitive Landscape: The LiDAR drone market is highly competitive, with established players and new entrants vying for market share. Continuous technological innovation, strategic partnerships, and expanding application areas are key drivers for growth in this dynamic market. 1. In May 2022, Flyability unveiled the Elios 3, the world's first collision-tolerant drone with an indoor 3D mapping LiDAR sensor. The drone is powered by a new SLAM engine called FlyAware, which generates 3D models as it flies, and it comes with Flyability's Inspector 4.0 software. 2. In August 2022, LiDAR was added to the list of available universal payload options by Censys Technologies Corporation. By combining the top software and hardware options available in the field of airborne intelligence, Censys, a pioneer in the commercial beyond visual line of sight (BVLOS) unmanned aerial systems (UAS) market, offers a one-of-a-kind remote sensing package to revolutionize the way aerial information is gathered for infrastructure, agriculture, public safety, and more. It is now adding LiDAR to its Sentaero line of fixed-wing vertical takeoff and landing (VTOL) aircraft that can fly beyond the line of sight (BVLOS).
LiDAR Drone Market Scope: Inquire before buying
Global LiDAR Drone Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 3.9 Bn. Forecast Period 2024 to 2030 CAGR: 6% Market Size in 2030: US $ 4.46 Bn. Segments Covered: by Components Laser Scanners Navigation and Positioning Systems UAV Cameras Others by Application Modular Switches Corridor Mapping Archaeology Construction Environment Entertainment LiDAR Drone Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)LiDAR Drone Market, Key Players:
1. Teledyne Optech 2. Phoenix LiDAR Systems 3. RIEGL Laser Measurement Systems GmbH 4. FARO Technologies, Inc. 5. Quanergy Systems, Inc. 6. YellowScan 7. Sick AG 8. Leica Geosystems (Hexagon) 9. Geodetics, Inc. 10. Trimble Inc. 11. Parrot drones Company FAQs: 1] What is the growth rate of the LiDAR Drone Market? Ans. The Global LiDAR Drone Market is growing at a significant rate of 6 % during the forecast period. 2] What is the expected Semiconductor laser market size by 2030? Ans. The LiDAR Drone Market size is expected to reach USD 3.9 Billion by 2030. 3] What segments are covered in the Market report? Ans. The segments covered in the market report are Components, and Applications. 4] What are the factors driving the LiDAR Drone Market growth? Ans. The technological advancements in LiDAR sensors and drone machines or robots are the major driving factor behind the growth of the LiDAR drone market.
1. LiDAR Drone Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. LiDAR Drone Market: Dynamics 2.1. LiDAR Drone Market Trends by Region 2.1.1. North America LiDAR Drone Market Trends 2.1.2. Europe LiDAR Drone Market Trends 2.1.3. Asia Pacific LiDAR Drone Market Trends 2.1.4. Middle East and Africa LiDAR Drone Market Trends 2.1.5. South America LiDAR Drone Market Trends 2.2. LiDAR Drone Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America LiDAR Drone Market Drivers 2.2.1.2. North America LiDAR Drone Market Restraints 2.2.1.3. North America LiDAR Drone Market Opportunities 2.2.1.4. North America LiDAR Drone Market Challenges 2.2.2. Europe 2.2.2.1. Europe LiDAR Drone Market Drivers 2.2.2.2. Europe LiDAR Drone Market Restraints 2.2.2.3. Europe LiDAR Drone Market Opportunities 2.2.2.4. Europe LiDAR Drone Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific LiDAR Drone Market Drivers 2.2.3.2. Asia Pacific LiDAR Drone Market Restraints 2.2.3.3. Asia Pacific LiDAR Drone Market Opportunities 2.2.3.4. Asia Pacific LiDAR Drone Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa LiDAR Drone Market Drivers 2.2.4.2. Middle East and Africa LiDAR Drone Market Restraints 2.2.4.3. Middle East and Africa LiDAR Drone Market Opportunities 2.2.4.4. Middle East and Africa LiDAR Drone Market Challenges 2.2.5. South America 2.2.5.1. South America LiDAR Drone Market Drivers 2.2.5.2. South America LiDAR Drone Market Restraints 2.2.5.3. South America LiDAR Drone Market Opportunities 2.2.5.4. South America LiDAR Drone Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For LiDAR Drone Industry 2.8. Analysis of Government Schemes and Initiatives For LiDAR Drone Industry 2.9. LiDAR Drone Market Trade Analysis 2.10. The Global Pandemic Impact on LiDAR Drone Market 3. LiDAR Drone Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. LiDAR Drone Market Size and Forecast, by Components (2023-2030) 3.1.1. Laser Scanners 3.1.2. Navigation and Positioning Systems 3.1.3. UAV Cameras 3.1.4. Others 3.2. LiDAR Drone Market Size and Forecast, by Application (2023-2030) 3.2.1. Modular Switches 3.2.2. Corridor Mapping 3.2.3. Archaeology 3.2.4. Construction 3.2.5. Environment 3.2.6. Entertainment 3.3. LiDAR Drone Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America LiDAR Drone Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America LiDAR Drone Market Size and Forecast, by Components (2023-2030) 4.1.1. Laser Scanners 4.1.2. Navigation and Positioning Systems 4.1.3. UAV Cameras 4.1.4. Others 4.2. North America LiDAR Drone Market Size and Forecast, by Application (2023-2030) 4.2.1. Modular Switches 4.2.2. Corridor Mapping 4.2.3. Archaeology 4.2.4. Construction 4.2.5. Environment 4.2.6. Entertainment 4.3. North America LiDAR Drone Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States LiDAR Drone Market Size and Forecast, by Components (2023-2030) 4.3.1.1.1. Laser Scanners 4.3.1.1.2. Navigation and Positioning Systems 4.3.1.1.3. UAV Cameras 4.3.1.1.4. Others 4.3.1.2. United States LiDAR Drone Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Modular Switches 4.3.1.2.2. Corridor Mapping 4.3.1.2.3. Archaeology 4.3.1.2.4. Construction 4.3.1.2.5. Environment 4.3.1.2.6. Entertainment 4.3.2. Canada 4.3.2.1. Canada LiDAR Drone Market Size and Forecast, by Components (2023-2030) 4.3.2.1.1. Laser Scanners 4.3.2.1.2. Navigation and Positioning Systems 4.3.2.1.3. UAV Cameras 4.3.2.1.4. Others 4.3.2.2. Canada LiDAR Drone Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Modular Switches 4.3.2.2.2. Corridor Mapping 4.3.2.2.3. Archaeology 4.3.2.2.4. Construction 4.3.2.2.5. Environment 4.3.2.2.6. Entertainment 4.3.3. Mexico 4.3.3.1. Mexico LiDAR Drone Market Size and Forecast, by Components (2023-2030) 4.3.3.1.1. Laser Scanners 4.3.3.1.2. Navigation and Positioning Systems 4.3.3.1.3. UAV Cameras 4.3.3.1.4. Others 4.3.3.2. Mexico LiDAR Drone Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Modular Switches 4.3.3.2.2. Corridor Mapping 4.3.3.2.3. Archaeology 4.3.3.2.4. Construction 4.3.3.2.5. Environment 4.3.3.2.6. Entertainment 5. Europe LiDAR Drone Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.2. Europe LiDAR Drone Market Size and Forecast, by Application (2023-2030) 5.3. Europe LiDAR Drone Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.3.1.2. United Kingdom LiDAR Drone Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.3.2.2. France LiDAR Drone Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.3.3.2. Germany LiDAR Drone Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.3.4.2. Italy LiDAR Drone Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.3.5.2. Spain LiDAR Drone Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.3.6.2. Sweden LiDAR Drone Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.3.7.2. Austria LiDAR Drone Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe LiDAR Drone Market Size and Forecast, by Components (2023-2030) 5.3.8.2. Rest of Europe LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific LiDAR Drone Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.2. Asia Pacific LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific LiDAR Drone Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.1.2. China LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.2.2. S Korea LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.3.2. Japan LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.4.2. India LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.5.2. Australia LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.6.2. Indonesia LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.7.2. Malaysia LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.8.2. Vietnam LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.9.2. Taiwan LiDAR Drone Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific LiDAR Drone Market Size and Forecast, by Components (2023-2030) 6.3.10.2. Rest of Asia Pacific LiDAR Drone Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa LiDAR Drone Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa LiDAR Drone Market Size and Forecast, by Components (2023-2030) 7.2. Middle East and Africa LiDAR Drone Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa LiDAR Drone Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa LiDAR Drone Market Size and Forecast, by Components (2023-2030) 7.3.1.2. South Africa LiDAR Drone Market Size and Forecast, by Application (2023-2030) 7.3.2. GCC 7.3.2.1. GCC LiDAR Drone Market Size and Forecast, by Components (2023-2030) 7.3.2.2. GCC LiDAR Drone Market Size and Forecast, by Application (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria LiDAR Drone Market Size and Forecast, by Components (2023-2030) 7.3.3.2. Nigeria LiDAR Drone Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A LiDAR Drone Market Size and Forecast, by Components (2023-2030) 7.3.4.2. Rest of ME&A LiDAR Drone Market Size and Forecast, by Application (2023-2030) 8. South America LiDAR Drone Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America LiDAR Drone Market Size and Forecast, by Components (2023-2030) 8.2. South America LiDAR Drone Market Size and Forecast, by Application (2023-2030) 8.3. South America LiDAR Drone Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil LiDAR Drone Market Size and Forecast, by Components (2023-2030) 8.3.1.2. Brazil LiDAR Drone Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina LiDAR Drone Market Size and Forecast, by Components (2023-2030) 8.3.2.2. Argentina LiDAR Drone Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America LiDAR Drone Market Size and Forecast, by Components (2023-2030) 8.3.3.2. Rest Of South America LiDAR Drone Market Size and Forecast, by Application (2023-2030) 9. Global LiDAR Drone Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading LiDAR Drone Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Teledyne Optech 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Phoenix LiDAR Systems 10.3. RIEGL Laser Measurement Systems GmbH 10.4. FARO Technologies, Inc. 10.5. Quanergy Systems, Inc. 10.6. YellowScan 10.7. Sick AG 10.8. Leica Geosystems (Hexagon) 10.9. Geodetics, Inc. 10.10. Trimble Inc. 11. Key Findings 12. Industry Recommendations 13. LiDAR Drone Market: Research Methodology 14. Terms and Glossary