DUBLIN--(BUSINESS WIRE)--The "Global LiDAR Drone Market - Segmented by Component (Laser Scanners, Navigation and Positioning Systems, Cameras), Product (Rotary Wing, Fixed Wing), End-user Industry, and Geography - Growth, Trends, and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
In 2017, the global LiDAR drone market was valued at USD 20.982 million and is projected to reach a value of USD 126.15 million by 2023, recording a CAGR of 34.85% over the forecast period, 2018-2023.
The scope of the report is limited to the solutions that are offered by major players, including providers of laser scanners, navigation systems, positioning systems, and cameras. While the regions that are considered in the scope of this report include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
The increasing use of drones, across various applications, such as aerospace & defense, agriculture & forestry, and natural resources management, among others, is expected to propel the industry's growth. Moreover, technological advancements with regards to drones, and the rising need for surveillance are further driving the market growth.
However, high costs associated with LiDAR drones are restricting their adoption. Companies are striving to innovate and develop products, offering scope of opportunities for the market growth. Aiming at the burgeoning market for unmanned aerial vehicles (UAVs), in 2016, Velodyne LiDAR launched the world's lightest 16-channel LiDAR sensor.
Major Players
- Velodyne LiDAR
- Phoenix Aerial Systems
- Faro Technology
- Leica Geosystems AG
- Trimble Navigation Limited
Key Topics Covered
1. Introduction
2. Research Approach and Methodology
3. Market Insights
4. Market Dynamics
5. Global LiDAR Drones Market Segmentation
6. Competitive Intelligence - Company Profiles
- Velodyne LiDAR
- Phoenix Aerial Systems
- Sick AG
- Faro Technology
- Riegl Laser Measurement Systems GmbH
- Optech Inc
- Leica Geosystems AG
- Trimble Navigation Limited
7. Investment Analysis
8. Future of the Global LiDAR Drones Market
For more information about this report visit https://www.researchandmarkets.com/research/b87fqw/global_lidar?w=4
