LiDAR Drone Market by Component (LiDAR Lasers, Navigation and Positioning Systems, UAV Cameras, and Others), Type (Rotary-Wing LiDAR Drones and Fixed-Wing LiDAR Drones), Range (Short-Range LiDAR Drones, Medium-Range LiDAR Drones and Long-Range LiDAR Drones), and Application (Corridor Mapping, Archeology, Construction, Environment, Entertainment, Precision Agriculture, Mining, and Others), Global Market Size Estimates and Forecast (2022–2030)
The LiDAR drone market crossed US$ 145.0 Million mark in 2022 and is expected to hit US$ 1,077.9 Million by 2030, recording a CAGR of 15% during the forecast period.
Due to the increasing usage of LiDAR drone in mining applications, the LiDAR drone market is positively influencing
The global mining sector is continuously growing due to increasing requirement of metals, coals, etc. For the extraction of metals, the process requires precise collection information. Inaccurate information waste lots of time and efforts. The traditional methods, such as total station and GNSS which is not suitable for safety concerns and also time consuming. The LiDAR drones provide precise information and overcome the challenges with respect to hazardous conditions, difficult topography and other mine-related issues. Due to this, the mining companies, such as National Mineral Development Corporation, Newmont and Alcoa are preferring drone technology.
Within the report, the LiDAR drone market is segmented into component, type, range, and application. On the basis of application, the LiDAR done market is segmented into LiDAR lasers, navigation & positioning systems, UAV cameras, and others. Based on type, the market is bifurcated into rotary-wing LiDAR drones and fixed-wing LiDAR drones. On the basis of range, the market is segmented into short-range LiDAR drones, medium-range LiDAR drones and long-range LiDAR drones. Based on application, the LiDAR drone market is segmented into corridor mapping, archeology, construction, environment, entertainment, precision agriculture, mining, and others). Geographically, the LiDAR drone market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
LiDAR drone is an alternative to airborne LiDAR
LiDAR drone technology is capable to map smaller sites, however, due to the benefits associated with these drones, in recent years, these are also being used in large survey areas. LiDAR drones have become preferred choice of industries such as construction, agriculture and archeology over airborne LiDAR as, LiDAR drone is safe and provide precise results.
Rising adoption of LiDAR drone in various industries is one of the major factors accelerating the LiDAR drone market growth.
The end user industries in LiDAR drone market are the corridor mapping, archeology, construction, environment, entertainment, precision agriculture, mining, and others. These industries are preferring LiDAR drone technology to reduce time consumption and to get accurate results. For instance, in construction industry, the LiDAR drone helps to provide accurate elevation data; in precision agriculture, the LiDAR drones calculate yields as well as monitor drones.
Recent strategic developments in LiDAR drone market
The LiDAR drone market players have undergone several significant developments, and a few of these have been mentioned below:
- In May 2022, Flyability launched Elios 3; it is said to be the world’s first collision tolerant drone. This drone has LiDAR sensor for the indoor 3D mapping; it is powered by FlyAware, a SLAM engine, that helps it to create 3D models and accompanied by a software, Inspector 4.0.
- In September 2021, YellowScan launched YellowScan Explorer, a LiDAR solution that can be mounted on light manned aircraft and UAV platforms.
The LiDAR drone market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Phoenix Aerial Systems; Velodyne LiDAR, Inc; Leica Geosystems AG; SICK AG; Riegl Laser Measurement Systems; 3D Robotics Inc.; DJI; FARO Technology; YellowScan; 3D Laser Mapping are among the prominent players operating in the LiDAR drone market.
Target audience for the LiDAR drone market report:
- Raw material providers
- Sensor providers
- LiDAR manufacturers
- Drone manufacturers
- Government associations
- LiDAR drone distributors and sales firms
- End users of LiDAR drone technology
Scope of the report:
- Component
- LiDAR Lasers
- Navigation and Positioning Systems
- UAV Cameras
- Others
- Type
- Rotary-Wing LiDAR Drones
- Fixed-Wing LiDAR Drones
- Range
- Short-Range LiDAR Drones
- Medium-Range LiDAR Drones
- Long-Range LiDAR Drones
- Application
- Corridor Mapping
- Archeology
- Construction
- Environment
- Entertainment
- Precision Agriculture
- Mining
- Others
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
- Companies profiled
- Leica Geosystems AG
- Velodyne LiDAR, Inc
- YellowScan
- 3D Laser Mapping
- Phoenix Aerial Systems
- Leica Geosystems AG
- Velodyne LiDAR, Inc
- YellowScan
- 3D Laser Mapping
- Phoenix Aerial Systems