LiDAR Drones Market Booming Worldwide with Latest Trend and Future Scope by 2029

LiDAR drones market is anticipated to grow at a CAGR of 12.3% during the forecast period (2023-2030). LiDAR is useful in a range of environments and spaces as it can capture data that may be difficult for other methods of scanning, such as areas with dense vegetation. Light Detection and Ranging (LiDAR) sensors use light energy, emitted from a laser, to scan the ground and measure variable distances. The growing adoption of LiDAR drones bathymetric equipment with the improving high-precision Lidar equipment is the key factor supporting the growth of the market globally. The key advantage of the new LiDAR drones bathymetric equipment is to capture a riverbed with centimeters level accuracy with high speed in fully automatic mode and without using any boat. It allows us to work in hard to access and shallow water areas. Hence, the market players are also focusing on introducing LiDAR drones-based solutions that further bolster the market growth. For instance, in October 2022, TOPODRONE, launched AQUAMAPPER, a UAV-based solution for bathymetric surveying and marine construction. The new multitasking data collecting device and TOPODRONE LiDAR ULTRA equipment have been successfully used together for airborne surveying at a highway construction project in Romania, EU to deliver a full digital twin of a studied area.

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According to the Federal Aviation Administration (FAA) in 2023, the age group with the highest percentage of drone ownership is 35-44 years old, followed by 45-54 years old. The age groups with the lowest percentage of drone ownership are 18-24 years old and 65+ years old.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global LiDAR Drones Market Report Segment

By Drone Type

  • Fixed Wing
  • Rotary Wing

By Range

  • Short
  • Medium
  • Long

By Industry Vertical

  • Corridor Mapping
  • Archaeology
  • Construction
  • Entertainment
  • Defense
  • Precision Agriculture
  • Others (Environment)

Global LiDAR Drones Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

 The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global LiDAR drones market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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