UAV LiDAR Market - Key Players, Segmentation, Trends And Forecast By 2023

 savni pandit

Market Synopsis:

The growth of the market is guided by the rising need for surveillance coupled with the developments in the UAVs. Furthermore, the innovative shift from expensive fixed-wing aircraft LiDAR to inexpensive as well as more efficient UAV LiDAR has revolutionized the global UAV LiDAR market. It is prognosticated to have a favorable impact on the growth of the market in the foreseeable future.

Request for Free Sample Pages:

According to the new analysis published by Market Research Future (MRFR), the global UAV LiDAR market is set to mark an exponential CAGR of 35% during the forecast period 2018 to 2023.

UAV LiDAR facilitate quick upload of the captured images to the cloud, which helps in making effective decisions without delay. This is one of the major factors that is expected to drive the proliferation of the UAV LiDAR market in the forthcoming years.

The technology has been gaining popularity in the recent times which has led to the development of its applications across different verticals such as agriculture and forestry, natural resources management, and aerospace and defense. Additionally, the market is projected to witness rise in research & development activities for enhanced efficiency. It is expected to catapult the UAV LiDAR market on an upward trajectory. However, high cost associated with the technology and lack of skilled UAV operators remain impediments to the market expansion.

Regional Analysis:

The global UAV LiDAR market, by region, has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is likely to exhibit the fastest growth rate over the assessment period. The increasing awareness about the advantages of UAV LiDAR has led to an upsurge in demand across the regional market. The trend is expected to continue which when coupled with the government support is expected to drive the growth of the UAV LiDAR market in the region. China, Japan, and India are projected to emerge as potential country-level markets owing to accelerated adoption.

North America is prognosticated to witness rapid expansion of the UAV LiDAR market owing to technological advancements, presence of key players, early adoption of novel technologies, etc. UAV LiDAR is anticipated to develop applications across different industry verticals over the next couple of years, thus, augmenting the regional market.

Competitive Dashboard:

Some of the key players profiled in the report are 3DR (US), Velodyne LiDAR, Inc. (US), Phoenix LiDAR Systems (US), DJI (China), Faro Technology (US), Optech Inc. (US), Riegl Laser Measurement Systems GmbH (Austria), Leica Geosystems AG (Switzerland), Trimble Inc. (US), Sick AG (Germany), and Yellowscan (France)

Access Full Summary of Report:

About Market Research Future:

At Market Research Future (MRFR) we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.


+1 646 845 9312


Domain: Business
Category: Companies
Posted By: savni pandit and Contact savni pandit

Recent Press Releases

Rediscover Your Passions and Desires...

Walnut Creek, CA – September 15, 2019 - Limited places are still available for a special retreat being hosted by an East Bay yoga studio and wellness center. The "Desire th

15 September, 2019

The Implosive Nature of Schizophreni...

People who area unit schizophrenic area unit conventional as being straightforward to spot work the essential stereotype of somebody with compromised mental state. Get schizophren

15 September, 2019

Floor Gallery Offers A Wide Variety ...

Sunnyvale, CA (Sept 15, 2019) - Floor Gallery is an online flooring products store that offers a wide range of Flooring Store San Jose CA to customers, including Hardwood, Tile, Gl

15 September, 2019