LiDAR Drones for Corridor Mapping and Precision Agriculture Applications
The LiDAR Drone Market has estimated to be worth $392 million by 2025. Key factors fueling the growth of this market are 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.
The growth of this segment can be attributed to the increased flexibility offered by rotary-wing or multi-rotor LiDAR drones. Short-range LiDAR drones accounted for the largest share of the LiDAR drone market.
China, India, and Japan are expected to be the major markets for LiDAR drones in APAC. As developed countries, such as the US, Canada, France, and the UK are expected to increasingly outsource their LiDAR drones to these countries for mapping and surveying applications in near future.
Key players 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.