LiDAR Drone (Rotary Wing, and Fixed Wing) Market 2016 - Global Forecasts Report - Market was Valued at USD 16.1 Million in 2015 and is Expected to Reach USD 144.6 Million by 2022

Dublin, June 03, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "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" report to their offering.

The LiDAR Drone Market was Valued at USD 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

This market growth is attributed to the encouragement from governments and research institutes for the adoption of LiDAR drones. The increasing automation through LiDAR drones and reduction of human efforts drive the growth of the market. LiDAR drones have applications in corridor mapping, archaeology, precision farming, environment, construction, and entertainment.

The market for rotary wing LiDAR is expected to grow at the highest CAGR between 2016 and 2022. Rotary wing drones are smaller in size and cheaper than fixed wind LiDAR drones. Their design enables them to access confined spaces such as pipelines and bridges, owing to which they are used for inspection & monitoring applications. They can fly vertically and horizontally and can also hover in a fixed position, which makes them best suited for aerial photography and high-resolution video capturing.

The laser scanner segment of the market is expected to grow at the highest CAGR between 2016 and 2022. The laser scanner exhibits high wavelength and is used to make clear 3D models for the surveyed area. The corridor mapping application held the largest share of the overall market Owing to the increasing infrastructure development and use of LIDAR drones for the construction of roadways, highways, and railways.

The market in the APAC region is expected to witness the highest CAGR between 2016 and 2022. The increasing awareness among customers regarding the benefits of LiDAR drones such as high accuracy and low cost and government support through adoption in various projects are the major reasons for the high growth of this market. The growing adoption of LiDAR drones in APAC countries such as China, Japan, and India is expected to contribute to growth of this market. For instance, LiDAR drones are used for surveying railway projects in India.

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 relies on new product developments and innovations to meet the changing requirements of the market. Recently, the company introduced a low-cost LiDAR sensor priced at USD 7,999, which has a significant opportunity for growth owing to its various applications in the market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 LiDAR Drone Market, By Component

8 LiDAR Drone Market, By Product

9 LiDAR Drone Market, By Application

10 LiDAR Drone Market, By Geography

11 Competitive Landscape

12 Company Profiles

- 3d Robotics, Inc.
- DJI
- Faro Technology
- Leica Geosystems AG
- Optech Inc.
- Phoenix Aerial Systems
- Riegl Laser Measurement Systems GmbH
- Sick AG
- Trimble Navigation Limited
- Velodyne LiDAR, Inc.
- Yellowscan

For more information visit http://www.researchandmarkets.com/research/rrcdzl/lidar_drone



 
For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900

         U.S. Fax: 646-607-1907
         Fax (outside U.S.): +353-1-481-1716

         Sector: Unmanned Aerial Vehicles (UAVs) - Drones, Lasers , Military Unmanned Systems

Primary Logo




Review Article Be the first to review this article
Featured Video
Jobs
Senior Structural Engineer for Design Everest at San Francisco, CA
GIS Analyst II for Air Worldwide at Boston, MA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Upcoming Events
32nd RCI International Convention and Trade Show at Anaheim Convention Center Anaheim California - Mar 16 - 21, 2017
2017 Spring BIMForum at Sheraton San Diego Hotel & Marina San Diego California - Apr 3 - 5, 2017
GRAPHISOFT: ARCHICAD download 30-day FREE trial
Graphisoft ARCHICAD  Download a 30-Day FREE trial
TurboCAD pro : Start at $299
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy