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The Technology Superiority in the LiDAR Drone Market
The technology superiority in the LiDAR drone market and encouragement from government and institutes for the adoption of LiDAR are the key drivers for the LiDAR drone market. Some of the major players in the LiDAR drone market are Velodyne LiDAR (U.S.), Phoenix Aerial Systems (U.S), Riegl Laser Measurement Systems GmbH (Austria), SICK AG (Germany), and YellowScan (France).
Velodyne LiDAR is the leader in the LiDAR drone market and has played a significant role in the development and promotion of this technology. The company’s LiDAR sensors are being used by many companies such as Google Inc. (U.S.) and Ford Motors (U.S.) for the testing and development of autonomous cars. Recently, the company introduced a low-cost LiDAR sensor especially for the automotive sector, priced at USD 7,999. This new sensor is compact in size and can be easily installed in the drones. It has a significant opportunity for growth owing to its application in the LiDAR drone market.
Phoenix Aerial Systems is another major player in the LiDAR market. It has a strong presence in the LiDAR laser systems market. Many drones companies such as DJI (China) use its scanner for high-quality pictures. The company has a wide geographical reach with distribution and sales offices in several locations. The company has adopted new product launches as the key strategy to increase its business in the LiDAR market. Recently, the company introduced an advanced laser named AL3-32. The company has reduced the weight of the product and made it optimal for medium-sized UAVs. This product was introduced after identifying the growth potential of laser scanners in the drone market. The company has been striving for over a decade to live up to customers’ expectations with respect to LiDAR scanners, point cloud data, and quality assurance.
Other companies involved in the LiDAR drone market are 3D Robotics, Inc. (U.S.), DJI (China), FARO Technology (U.S.), Leica Geosystems AG (Switzerland), Optech, Inc. (Canada), Riegl Laser Measurement Systems GmbH (Austria), Trimble Navigation Limited (U.S.), Sick AG (Germany), and YellowScan (France).
LiDAR Drone Market by Product (Rotary Wing, and Fixed Wing), Component, Application (Corridor Mapping, Archaeology, Construction, Environment, Entertainment, and Precision Agriculture), Geography - Global Forecast to 2022
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