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,
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.
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.
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 Porter’s five forces analysis has been included in the
report with a description of each of its forces and its respective impact on the market.
The LiDAR drone market was valued at 16.1 Million in 2015 and is expected to reach USD
144.6 Million by 2022, at a CAGR of 35.2% between 2016 and 2022. The base year used for the
study is 2015 and the forecast period is between 2016 and 2022.
The objective of the study is to define, describe, and forecast the LiDAR drone market on the
basis of component, product, application, and the four main regions—North America, Europe,
Asia-Pacific (APAC), and Rest of the World (RoW). The report provides detailed information
regarding the major factors influencing the growth of the market (drivers, restraints,
opportunities, and challenges). The opportunities have been analyzed in the market for
stakeholders by identifying the high-growth segments of the global market. The report also