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Growing Commercial Drone Operations Impacting The Lidar Drones Market: Major Factor in the Transformation of the Light Detection And Ranging (LiDAR) Drone Market in 2025
Light Detection And Ranging LiDAR Drone Market
The LiDAR drone market will grow from $0.27 billion in 2024 to $0.34 billion in 2025, at a CAGR of 25.0%. Growth is attributed to cost reduction, improved data accuracy and resolution, regulatory support, industry adoption, and increased demand for remote sensing technologies.
The LiDAR drone market is expected to see exponential growth, reaching $0.81 billion by 2029, driven by demand for autonomous solutions, environmental monitoring, and infrastructure inspections. Key trends include lightweight lidar sensors, autonomous flight systems, and sensor integration.
What Key Elements Are Boosting Growth in the Light Detection And Ranging (LiDAR) Drone Market?
The increasing use of drones for commercial purposes is expected to boost the growth of the light detection and ranging (LiDAR) drone market. Drones, or unmanned aerial vehicles (UAVs), are employed commercially across various industries due to their efficiency, safety, and cost-effectiveness compared to traditional methods. LiDAR drones are increasingly used for commercial purposes due to their ability to capture high-resolution elevation data for industries like agriculture, forestry, construction, and environmental monitoring. For example, in May 2023, the Civil Aviation Authority (CAA), a UK government agency, reported that drone users in the UK increased to 5% in 2023 from 3% in 2021. Commercial drone deliveries are projected to grow by 30% over the next 10 years, compared to 13% in the next 5 years. Additionally, drone use in filming and media is expected to rise from 42% in 2022 to 46% in 2023. Therefore, the growing use of drones for commercial purposes will drive the LiDAR drone market's growth.
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Who Are the Major Industry Players Fueling Light Detection And Ranging (LiDAR) Drone Market Expansion?
Major companies operating in the light detection and ranging (LiDAR) drone market are Trimble Navigation Ltd., Sick AG, Topcon Positioning Systems Inc., Leica Geosystems AG, FARO Technologies Inc., MicroDrones GmbH, UMS Skeldar, Teledyne Optech, Velodyne LiDAR Inc., 3D Robotics Inc., Routescene Ltd., NexCore Group, Benewake Co. Ltd., Delair SAS, GreenValley International, YellowScan Inc., Geodetics Inc., Phoenix LiDAR Systems, LiDARUSA, OnyxScan, SABRE Advanced 3D Surveying Systems, Cepton Technologies Inc., Hoverfly Technologies Inc., Riegl Measurement System, SZ DJI Technology company Ltd., Beijing SureStar Technology Co. Ltd.
What Are the Latest Innovations in the Light Detection And Ranging (LiDAR) Drone Market?
Major companies in the light detection and ranging (LiDAR) drone market are emphasizing technological advancements like the Airborne Topo-Bathymetric (ATB) system to improve drone technology and gain a competitive advantage. These systems capture detailed elevation data for both land and underwater environments, supporting geospatial analysis and environmental management. For example, in June 2022, Phoenix LiDAR Systems, a US-based LiDAR solutions provider, launched the HydroRANGER, a dual-purpose topo-bathymetric LiDAR system. It offers high-resolution mapping for various uses, including navigation, ocean science, and shoreline mapping. The system uses a visible green-spectrum laser with an elliptical scan pattern and measures up to 200 kHz, providing high spatial resolution and accuracy.
How Is the Segmentation of the Light Detection And Ranging (LiDAR) Drone Market Defined?
The light detection and ranging (LiDAR) drone market covered in this report is segmented -
1) By Product: Fixed Wing Drone, Rotary Wing Drone
2) By LiDAR Type: Topographic, Bathymetric
3) By Range: Short, Medium, Long
4) By Application: Mapping And Cartography, Surveillance, Environment, Exploration And Detection, Precision Agriculture, Other Applications
Subsegments:
1) By Fixed Wing Drone: Fixed Wing Drone, Small Fixed Wing Drones, Medium Fixed Wing Drones, Large Fixed Wing Drones, Hybrid Fixed Wing Drones (Vertical Takeoff And Landing)
2) By Rotary Wing Drone: Rotary Wing Drone, Single Rotor Drones, Multi-Rotor Drones (Quadcopters, Hexacopters, Octocopters), Coaxial Rotor Drones, Hybrid Rotary Wing Drones
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What Is the Leading Region in the Light Detection And Ranging (LiDAR) Drone Market?
North America was the largest region in the light detection and ranging (LiDAR) drone market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the light detection and ranging (LiDAR) drone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Light Detection And Ranging (LiDAR) Drone Global Market Report?
- Market Size Analysis: Analyze the Light Detection And Ranging (LiDAR) Drone Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Light Detection And Ranging (LiDAR) Drone Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Light Detection And Ranging (LiDAR) Drone Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Light Detection And Ranging (LiDAR) Drone Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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