Lidar Drone Market Size, Share, Growth Analysis, By Type(Multirotor, Fixed Wing and Single Rotor UAV), By Application(Search & Rescue, Environment, Mining & Construction, and Others), By Region - Industry Forecast 2024-2031

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.