The LiDAR drone market is expected to grow at a CAGR of 35.2% between 2016 and 2022 to reach USD 144.6 million by 2022. A key driving factor for the growth of the market is the encouragement from governments and research institutes for the adoption of LiDAR drones. Besides, several other factors such as the adoption of LiDAR drones for precision farming and commercial application such as delivery of products also propel the growth of the market.

1. 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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2. ABSTRACT
he LiDAR drone market is expected to exhibit impressive growth during the forecast period―
The LiDAR drone market is expected to grow at a CAGR of 35.2% between 2016 and 2022 to
reach USD 144.6 million by 2022. A key driving factor for the growth of the market is the
encouragement from governments and research institutes for the adoption of LiDAR drones.
Besides, several other factors such as the adoption of LiDAR drones for precision farming and
commercial application such as delivery of products also propel the growth of the market.
“Precision agriculture application is expected to grow at the highest CAGR”
Precision agriculture involves the usage of drones to monitor soil erosion and crop maturity,
mitigate the effects of frost, and monitor invasive plant species among others. The potential
benefits of using drones include real-time data collection, high-resolution imagery of farmland,
and low cost in comparison with other relative techniques. These benefits drive the LiDAR drone
market in the precision agriculture application.
“APAC region to be the fastest-growing market for LiDAR drones”
The market in APAC is expected to grow at the highest CAGR between 2016 and 2022 owing to
the increasing industrialization and urbanization in this region. The increasing awareness among
governments and customers regarding the benefits of LiDAR drones further drives this market in
the APAC region. For instance, the Indian Transport Ministry has made the use of LiDAR
compulsory in surveying areas before constructing a new highway. The Indian railway has also
hired drones for inspecting the progress of its construction sites. Such initiatives drive the LiDAR
drone market in APAC. Furthermore, the availability of local players and favorable economic
conditions also contribute to the high growth of the market in this region.

3. ABSTRACT
Several primary interviews with experts have been conducted across four major regions, namely,
North America, Europe, Asia-Pacific, and Rest of the World (the Middle East, Africa, and South
America). The primary participants considered for the study are C-level executives and managers
of tier 1, tier 2, and tier 3 companies.
The breakdown of primary interviews is as follows:
By Company Type : Tier 1 - 55%, Tier 2 - 20%, Tier 3 - 25%
By Designation: C Level - 75%, Manager Level - 25%
By Region - North America - 10%, Europe - 20%, Asia-Pacific - 40%, RoW - 30%
The major players operating in this market are Velodyne LiDAR (U.S.), Phoenix Aerial Systems
(U.S), Riegl Laser Measurement Systems GmbH (Austria), SICK AG (Germany), and YellowScan
(France). 3D Robotics, Inc. (U.S.), DJI (China), FARO Technology (U.S.), Leica Geosystems AG
(Switzerland), Optech, Inc. (Canada), and Trimble Navigation Limited (U.S.).

4. Length Publisher Published Date
125 Pages MarketsandMarkets May 26, 2016
Table of Contents
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
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