LiDAR Drone Market

Market Leaders - LiDAR Drone Market

The LiDAR drone market is projected to grow from USD 133 million in 2020 to USD 392 million by 2025; it is expected to grow at a CAGR of 24.2% from 2020 to 2025. Key factors fueling the growth of this market include easing of regulations related to the use of commercial drones in different applications and growing demand for LiDAR drones for use in corridor mapping and precision agriculture applications.

Key players in the LiDAR drone market include companies operating at different stages of the LiDAR drone value chain. These companies are Phoenix LiDAR Systems (US), RIEGL Laser Measurement Systems GmbH (Austria), Velodyne LiDAR, Inc. (US), Teledyne Optech (Canada), UMS Skeldar (Switzerland), LiDARUSA (US), YellowScan (France), Geodetics, Inc. (US), OnyxScan (Belgium), Delair (France), MicroDrones (Germany), Livox (China), Sick AG (Germany), Routescene (UK), NextCore (UK), GreenValley International (US), Beijing SureStar Technology Co. Ltd. (China), Benewake (Beijing) Co., Ltd. (China), SABRE Advanced 3D Surveying Systems (UK), and Cepton Technologies, Inc. (US). These companies focus on adopting both organic and inorganic growth strategies, such as product launches, partnerships, collaborations, contracts, agreements, acquisitions, and expansions, to strengthen their position in the market.

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Top Players in the LiDAR Drone Market:

Phoenix Aerial Systems, which was founded in May 2012, rebranded itself to Phoenix LiDAR Systems in November 2016. The company deals in LiDAR drone technologies used in various surveying applications. The offerings of Phoenix LiDAR Systems include LiDAR systems and LiDAR-based fixed-wing drones. The LiDAR systems offered by Phoenix LiDAR Systems are equipped with LiDAR sensors manufactured by RIEGL Laser Measurement Systems GmbH (Austria) and Velodyne LiDAR, Inc. (US). The company also offers LiDAR services and software for acquiring and processing data. LiDAR systems offered by Phoenix LiDAR Systems are suitable for infrastructure, forestry, and utility infrastructure monitoring, as well as for land erosion management and disaster assessment applications. It also offers systems for monitoring open-pit mines. LiDAR systems offered by the company are used for planning developmental activities, as well as in agricultural applications. These systems can be used for short-range, medium-range, and long-range operations.

RIEGL Laser Measurement Systems GmbH develops and manufactures laser rangefinders, distance meters, and scanners. The company deals in LiDAR systems used in terrestrial, industrial, mobile, airborne, and bathymetric applications. It also offers LiDAR systems that can be deployed on drones. LiDAR drones and LiDAR scanners offered by RIEGL Laser Measurement Systems GmbH are used in precision farming, corridor mapping, environment surveying, landslide monitoring, archeology, construction, forestry monitoring, and mining applications. The company has its sales offices in the US, China, Japan, and Australia. It has strong distribution networks in North America, South America, Asia, Europe, Africa, and Australia.

Related Reports:

LiDAR Drone Market by Component (LiDAR Lasers, UAV Cameras), Type (Rotary-wing LiDAR Drones, Fixed-wing LiDAR Drones), Range (Short, Medium, Long), Application (Corridor Mapping, Archeology, Environment), Region - Global Forecast to 2025

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Report Code
SE 4335
RI Published ON
1/21/2020
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