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Rotary-wing LiDAR drone to account for larger share of LiDAR Drone Market in 2022
Rotary-wing LiDAR drones, also known as multi-rotor LiDAR drones, comprise a central body and side propellers. These propellers enable the drones to take flight. They are also used to maneuver drones. Usually, rotary-wing LiDAR drones have four rotors. The number of these rotors can reach up to six or eight. Propellers control the motion of in-flight drones by varying the relative speed of each rotor. This multi-rotor mechanism allows drones to perform a range of movements. Rotary-wing LIDAR drones have increased maneuverability and are low-cost. Rotary-wing LiDAR drones are more suitable for mapping applications than fixed-wing LiDAR drones owing to their higher flexibility, low cost, and better maneuverability.
Topographic LiDAR to register for largest share of LiDAR drone market throughout the forecast period
The largest market share of topographic LiDAR is attributed to its adoption in prominent applications, including corridor mapping, construction, and precision agriculture. Topographic LiDAR enables civil engineering, roadwork, and mining operations, among others, to make informed decisions through high-quality terrestrial data generated.
Corridor mapping application to offer lucrative opportunities for LiDAR drones
The growth of this segment can be attributed to the increasing adoption of LiDAR drones for mapping terrains. These drones, in recent times, are observed as a highly reliable solution for mapping and surveying projects across various application areas. LiDAR drones are used to survey power lines, oil & gas pipelines, and railway tracks in difficult terrains to optimize their maintenance operations, eliminating the risk to human lives. They save the manpower and the time required for surveying applications. LiDAR drones enable 3D modeling and simulation through which end users can make informed decisions and plan their operations.
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North America to lead LiDAR drone market in 2027
North America’s dominance can be attributed to the inclination of various governments to adopt advanced technologies such as LiDAR drones in surveying applications. The market in North America is also driven by market leaders headquartered in the region.
Phoenix LiDAR Systems (US), Teledyne Optech (Canada), Velodyne LiDAR, Inc. (US), and Geodetics, Inc. (US) are some of the prominent players in the LiDAR drone market in North America.
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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
LiDAR Market by Technology (2D, 3D, 4D), Component (Laser Scanners, Navigation and Positioning Systems), Installation Type (Airborne and Ground Based), Range, Service, End-Use Application, and Region (2021-2026)
Time-of-Flight (ToF) Sensor Market by Resolution (QQVGA, HQVGA, QVGA, & VGA), Application (Augmented Reality & Virtual Reality, LIDAR, Machine Vision, 3D Imaging & Scanning, and Robotics & Drone), Product Type, Vertical and Geography – Global Forecast to 2025
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