LiDAR Drone Market by Product - 2022 | MarketsandMarkets

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MarketsandMarkets Presents

LiDAR Drone Market worth 144.6 Million USD by
2022 LiDAR Drone Market by Product (Rotary Wing,
and Fixed Wing), Component, Application (Corridor
Mapping, Archaeology, Construction, Environment,
Entertainment, and Precision Agriculture),
Geography - Global Forecast to 2022 http//www.ma
rketsandmarkets.com/Market-Reports/lidar-drone-mar
ket-128835365.html
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According to a new market research report "LiDAR
Drone Market by Product (Rotary Wing, and Fixed
Wing), Component, Application (Corridor Mapping,
Archaeology, Construction, Environment,
Entertainment, and Precision Agriculture),
Geography - Global Forecast to 2022", the LiDAR
drone market was valued USD 16.1 Million in 2015
and is estimated to reach USD 144.6 Million by
2022, at a CAGR of 35.2 between 2016 and 2022.
Factors such as technological superiority,
encouragement from government and institutes for
adoption of LiDAR drones, and its use in emerging
applications such as precision farming are the
key drivers for the growth of the LiDAR drone
market. The use of LiDAR drones for delivering
products generates further opportunities for
LiDAR drone manufacturers. Browse 66 market
data tables with 42 figures spread through 125
pages and in-depth TOC on "LiDAR Drone Market -
Global Forecast to 2022" Early buyers will
receive 10 customization on this report.
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Rotary wing LiDAR drone expected to grow at the
highest CAGR The rotary wing LiDAR drone market
is expected to grow at the highest CAGR during
the forecast period. The ability of rotary wing
LiDAR drones to take off without runways and its
high degree of maneuverability are the reasons
for the high growth of this market Ask PDF
Brochure_at_ http//www.marketsandmarkets.com/pdfdown
load.asp?id128835365 The corridor
mapping application held the largest market share
in 2015 The corridor mapping application held the
largest share of the market in 2015. Highway
corridors are built after proper planning and
designing to ensure that they can withstand the
pressure exerted by vehicles on a regular basis.
As highway projects are constructed from a
long-term perspective, it is necessary to conduct
a thorough feasibility study of the terrain on
which the highway is to be constructed. LiDAR
drone provides all this information by building
three-dimensional (3D) elevation models of the
surveyed area. Infrastructure development is
further expected to increase in coming years,
which would, in turn, lead to increased usage of
LiDAR drones for inspecting the growth of the
infrastructure project. These benefits drive the
market in the corridor mapping application.

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North America region held the largest share of
the LiDAR drone market in 2015 The North American
market held the largest share of the global LiDAR
drone market in 2015. The increasing awareness
about the benefits of LiDAR drones such as high
accuracy and low cost is one of the reasons for
the large market share of the North American
LiDAR drone market. The use of LiDAR drones in
precision farming is driving the LiDAR drone
market in North America. Inquiry Before Buying _at_
http//www.marketsandmarkets.com/Enquiry_Before_Bu
ying.asp?id128835365 The major players
operating in this market are Velodyne LiDAR
(U.S.), Phoenix Aerial Systems (U.S), Riegl Laser
Measurement Systems GmbH (Austria), SICK AG
(Germany), and YellowScan (France), 3D Robotics,
Inc. (U.S.), DJI (China), FARO Technology (U.S.),
Leica Geosystems AG (Switzerland), Optech, Inc.
(Canada) and Trimble Navigation Limited
(U.S.). This research report categorizes the
global LiDAR drone market on the basis of
components, products, applications, and
geography. It describes the drivers, restraints,
opportunities, and challenges in the LiDAR drone
market. The Porters five forces analysis has
been included in the report with a description of
each of its forces and its respective impact on
the market.
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