USD 1.56 Billion
Lidar Drone Market Size, Share, Growth Analysis, By LIDAR Type (Topographic, Bathymetric), By Drone Type (Rotary-wing LiDAR Drones, Fixed-wing LIDAR Drones), By Component (LIDAR Lasers, Navigation and positioning systems), By Drone Range(Short , Medium and Long), By Region - Industry Forecast 2024-2031
Report ID:
SQSG45J2013 |
Region:
Global |
Published Date: December, 2024
Pages:
165
|Tables:
67
|Figures:
75
Lidar Drone Market Insights
Global LiDAR Drone Market size was valued at USD 1.56 Billion in 2022 and is poised to grow from USD 2.12 Billion in 2023 to USD 14.19 Billion by 2031, at a CAGR of 25.5% during the forecast period (2024-2031).
Light Detection and Ranging or LiDAR is used to identify, recognise, and create virtual representations of objects. Because it is accessible in both 2D and 3D forms, it is the most recent remote sensing technology. Currently, the technology is used in many other industries, including building, engineering, archaeology, and GIS mapping. This LiDAR market sector is increasing quickly because of the efficient, tiny image-capturing sensors found on autos. For instance, prominent corporations like Velodyne, Routescene, YellowScan, and Riegl have invested a significant amount of money in the creation of small drones, possess highest quality imaging capabilities for each LiDAR system's functional capabilities and is being used in a variety of industries, including the aerospace, automotive, and military.
Lidar drones excel in topographic mapping, land surveying, and urban planning by producing models in 3D with a high degree of accuracy. They efficiently map the affected areas for immediate search and rescue operations and damage assessment in disaster management. Their accuracy and speed make them very valuable for routine and emergency applications that capably improve data collection capabilities and the response to emergencies. Continuous improvements in Lidar sensors are leading to higher accuracy and resolution, making drones suitable for more detailed and precise applications.
US Lidar Drone Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Solid-State
Fastest Growth
Mechanical LiDAR
Growth Rate
25.5% CAGR
Lidar Drones Market ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
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Lidar Drone Market Segmental Analysis
Global LiDAR Drone Market is segmented by LIDAR Type, by Drone Type, by Component, by Drone Range, by Application, and by Region. Based on LIDAR Type, the market is segmented into Topographic, Bathymetric. Based on Drone Type, the market is segmented into Rotary-wing LiDAR Drones, Fixed-wing LIDAR Drones. Based on Component, the market is segmented into LIDAR Lasers, Navigation and positioning systems, UAV cameras, Others. Based on Drone Range, the market is segmented into Short-range LiDAR Drones, Medium-range LiDAR Drones, Long-range LiDAR Drones. Based on Application, the market is segmented into Corridor mapping, Archaeology, Construction, Environment, Entertainment, Precision Agriculture, other. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Type
Based on type, the market is segmented into multirotor, fixed wing and single rotor UAV.
The multirotor currently dominates the market, recording market share of USD 1.55 billion in 2023. This dominance is expected to continue, with a projected CAGR of 27.3%. The two major causes that are encouraging the advancement of multirotor lidar drone include its applicability in a broad range of fields from aerial imaging, surveys, and topographical study to infrastructure, and disaster surveillance and agricultural observation. These factors give stakeholders a clear and precise view of a complex environment with lidar technology, high-resolution 3D imaging to help them make accurate decision and analyze every detail that leads to productivity increase and minimizes cost throughout the chain value.
However, the Single-rotor UAV segment is the fastest growing segment and is expected to continue, with projections reaching USD 1.88 billion by 2031, accompanied by a projected CAGR of 24.1% in the forecast period. They hold significant payload capacity and endurance advantages over multi-rotor UAVs. This makes them very suitable for missions with bigger needs on the side of flight time and heftier Lidar payloads for extended mapping and surveying operations. The increased favor in applications like infrastructure inspection, agriculture, and disaster management can be given to it, hence, whereby strong performance and endurance stand as paramount.
Analysis by Application
Based on application, the market is segmented into search and rescue, environmental, mining and construction, and other applications.
Among these segments, the mining and construction segment currently dominates the market, recording USD 1.22 billion in 2023. This dominance is expected to continue, with a projected CAGR of 27.0%. The Mining and Construction segment has stand out as a dominating segment propelling the UAV market forward, driven by factors that underscore its transformative impact on operational efficiency, safety, and resource optimization within these industries. As the construction and mining are expanding, the need for proper planning and safety of the workers in this segment are of paramour importance. Drones can help them to identify physical threats during emergencies which drives the demand in this sector.
However, search and rescue is the fastest growing segment in 2023. This is expected to continue, with projections reaching USD 1.34 billion by 2031, accompanied by a projected CAGR of 27.7% in the forecast period. As governments, humanitarian organizations, and emergency services increasingly recognize the transformative potential of UAVs in mitigating the human and economic toll of disasters, the Search and Rescue segment is poised for exponential growth, poised to redefine crisis response protocols and save countless lives in the process. Skyquest's comprehensive analysis highlights NOAA's satellites, pivotal for weather tracking, as instrumental in rescuing 350 individuals from perilous situations in 2023. This shows the urgent need for advanced technology, propelling the adoption of LiDAR drones for search and rescue operations worldwide.
Lidar Drones Market By Type (%)
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Lidar Drone Market Regional Insights
Based on region, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
The Asia-Pacific is the leading region in LiDAR drone market, with the China dominating the revenue at USD 7.78 billion in 2023 whereas the Japan LiDAR drone market is projected to reach USD 1.57 billion, growing at a robust CAGR of 18% in the forecasted period. The rapid speed of growth of urbanization and construction works in the many countries of this region is one of the niche factors. As most of the Asian countries are experiencing high population growth and this has called for more land surveying and construction of infrastructural facilities. LiDAR drones are always useful in generating accurate maps within a shorter duration, which may be very useful for the urban planners, civil engineers, or construction firms in the Asia-Pacific.
The North America LiDAR drone market exhibits consistent growth, with the US dominating revenue in this region by maintaining a stable CAGR of 23.3%, emphasizing its market stronghold, while Canada showcases impressive growth with a CAGR of 20.3% from 2024 to 2031. The US have recognized and understand importance of using strategic and emerging technology for economic competitiveness and national defence. This competition attract investment and innovation in technologies like LiDAR. In addition to this, the support for technology development, disaster management and industrial policies by US government also drive innovation in LiDAR and related industries for various purpose. According to SARSAT, over 100,000 rescue operations occur annually in the US which has heightened demand for LiDAR drones especially in search and rescue operations in the forthcoming years.
Lidar Drones Market By Geography
- Largest
- Fastest
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Lidar Drone Market Dynamics
Lidar Drone Market Drivers
High Efficiency and Precision in Data Collection Drives demand in Construction Industries
- LiDAR drones are used by project managers in the construction industry to accomplish duties precisely and collect accurate and exact elevation data. Models of buildings, landscapes, and other things built by humans are also made using them. Accident scenes, forestry, agriculture, gardening, terrain modeling, archaeology, and mine inspection are further applications. The defense sector is also adopting LiDAR technology more and more. Unmanned aerial vehicles for aerial surveillance are just one example of the new defense equipment being developed because of technology. These elements are driving the market for LiDAR drones.
Growing Demand for Short Range LiDAR Drones
- Short-range LiDAR drones do not need additional permission from the government to fly, so manufacturers are concentrating on developing them. These lightweight, energy-efficient, and low-altitude drones have a short range. Additionally, these drones only need modest batteries, which lowers overall costs. These elements are driving the market for LiDAR drones.
Lidar Drone Market Restraints
High Cost of LiDAR Drone Hindering the Market Growth
- Laser technology is one of the most expensive when compared to other technologies, such as the photogrammetric system. The market is likely to face obstacles during the anticipated time due to the low price and easy accessibility of photogrammetric systems. A significant problem for the industry is the lack of training programs and skilled technicians to operate long-range UAVs and drone coverage. Contrary to popular assumption, neither traditional aircraft commercial pilots nor drone, pilots receive any formal training or certification from any organization.
Drone Bans and Lack of Government Regulations a Challenge in the LiDAR Drone Market
- One of the major challenges in LiDAR drone market operation is that drone bans, uninformed government regulations have become significant obstacles. In most countries, there is no well-defined regulation as to the use of unmanned aerial vehicles, which automatically translates to an outright ban until such time that the regulatory authorities come up with appropriate legislation. As such, this limits the potential of LiDAR drones, which are used in mapping, surveying, inspection, among other industries, in such countries. In countries with partial regulation, the setting in place of more stringent requirements with regard to permits, insurance coverage, and operator identification further exacerbates the complexity of drone operations, thereby increasing administrative burdens and business costs.
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Lidar Drone Market Competitive Landscape
The strategy of new product launch has emerged as a pivotal approach adopted by major market players in the global LiDAR drone market. Key players are truly involved in advancing LiDAR sensors and drone solutions. Leading market players including Velodyne Lidar, Inc., Teledyne Optech, RIEGL Laser Measurement Systems GmbH, and Leica Geosystems AG place a strong emphasis on continuous innovation to provide a wide range of products. Additionally, strategic Partnerships and Collaborations found as another key strategy adopted by key market players within the global LiDAR drone market. Through these strategies, key players aim to capture the maximum market share. They are expanding their R&D spending as well as their interest in adopting new technology, making strategic acquisitions, and forming partnerships to build and create the next generation of LiDAR drone solutions. To maintain their market positions, significant corporations are also implementing organic and inorganic growth tactics including new product releases, long-term agreements with surveying firms, and establishing long-term connections with OEMs.
Top Players in the Global Lidar Drone Market
- Teledyne Inc
- Quanergy Perception
- Luminar Technologies, Inc
- LeddarTech Inc
- Innoviz Technologies Ltd
- Cepton Technologies, Inc
- AEye, Inc
- RoboSense
- Livox Tech Co. Ltd
- Hexagon AB
- Sick AG
- Topcon Corporation
- ZF Friedrichshafen AG
- Trimble Inc.
- Ouster Inc.
- RIEGL Laser Measurement Systems
- HESAI Technology
- Leishen System
- Routescene
Lidar Drone Market Recent Development
- In February 2024, Wingtra announced the launch of its innovative LIDAR drone solution, a significant advancement in drone LIDAR technology. The new Wingtra LIDAR payload integrates the efficiency, ease of operation, and high accuracy of the WingtraOne GEN II drones with a state-of-the-art Wingtra-engineered LIDAR sensor, setting a new benchmark in the industry.
- In February 2024, BALKO Technologies announced that it has collaborated with RIEGL unmanned laser scanner (ULS) systems integrator. BALKO is integrating RIEGL’s miniVUX and VUX-series laser scanners into their unique modular LiDAR payloads designed for UAV-based platforms.
- In January 2024, YellowScan has unveiled its latest bathymetric system, the YellowScan Navigator, at CES 2024. This system is tailored for the tasks of monitoring, modeling, and addressing coastal erosion, flood risks, and biodiversity habitats. The YellowScan Navigator aims to meet the pressing requirements of surveyors in mapping underwater topography across rivers, ponds, and coastal regions.
Lidar Drone Key Market Trends
- Innovation in UAV-based LiDAR: Due to the increasing use of drones in various applications around the world, the demand for LiDAR has been rising more quickly. The combination of contemporary positioning, navigation, and mapping technology results in numerous benefits and operational advantages for products based on UAVs. Modernization of dynamic sensors is expanded by technology like accident prevention and warning systems range and increases its allure, especially for UAV-based LiDAR. Now, manufacturing companies may offer a more affordable product range of these sensors, powerful devices, and lightweight components. Unmanned aerial vehicles are easily equipped with photogrammetric software (UAV). Compared to conventional systems, processing software produces better and more valuable data for government agencies and important corporate decisions. The purpose of these drones is to analyze photos accurately and provide high-quality 3D photographs of objects above the earth level in multiple product categories.
Lidar Drone Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, the global LiDAR drone Market is growing very rapidly and is full of opportunities. Key enablers such as technological advancements, integration with AI and machine learning, safety and security demands, and sectoral applications in construction, agriculture, surveying, and defense are propelling market expansion. Additionally, the projected growth in construction activity and the escalating need for environmental monitoring further bolster the demand for LiDAR drones. The multirotor LiDAR drone by type currently dominates the market. Whereas the mining and construction segment currently dominates the market and search, and rescue is the fastest growing segment by application. The market dynamics indicate a shift towards multirotor drones, particularly favored for applications in agriculture, construction, and infrastructure inspection, while fixed-wing drones are preferred for large-area mapping and surveying projects. Geographically, Asia Pacific holds dominance, driven by early adoption in China and significant investments across the region. Major players such as DJI, Velodyne, Microdrone, YellowScan and Phoenix LiDAR are shaping the competitive landscape.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1.56 Billion |
| Market size value in 2031 | USD 14.19 Billion |
| Growth Rate | 25.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Lidar Drone Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Lidar Drone Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Lidar Drone Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Lidar Drone Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Lidar Drone Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Lidar Drone Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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