“LiDAR Drone Market to grow at a lucrative rate over the forecast period”, says Visiongain

23 October 2019
Aviation

Visiongain has launched a new Aerospace report LiDAR Drone Market Report 2019-2029 Forecasts by Component (LiDAR Laser, Navigation & Positioning, Uav Camera, Others) by Product (Rotary Wing LiDAR Drone, Fixed Wing LiDAR Drone) by Application (Corridor Mapping, Archaeology, Construction, Environment, Entertainment, Precision Agriculture, and Others) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis. 

The global LiDAR Drone market is expected to grow at a lucrative rate during the forecast period. Recent advances in LiDAR technology offer a new way to carry out the meteorological measurements which is driving the growth of the market. Recent developments in LiDAR technology give a fresh manner to perform the meteorological readings required for turbine accreditation and location evaluation at a much reduced price, the firm claims. The use of floating LIDARs also allows measurements to be carried out in previously inaccessible locations such as deep-water sites and allows for more accurate assessment of energy yield. LiDAR measurement technology along with UAV’s are used for various applications including accident scenes, forestry, agriculture & landscaping, terrain modelling, archaeology, and mine inspections.

LiDAR is becoming the preferred technology for measuring wind resources and various methods have been proposed for deriving TI information from LIDAR measurements in research settings. This factor is primarily driving the growth of the global LiDAR drone market. The application of LiDAR technology has and will continue to have a large impact on the reduction of Cost of Energy (CoE) of the (offshore) wind sector. However, none of the methods has yet been verified and adopted within international standards; therefore, LIDAR measurements are not widely accepted by certification bodies, insurers or authorities.

The global LiDAR Drone market is highly competitive with many players entering the market in order to cater to the growing consumer demand. Some of the players 3d Robotics, Inc., DJI, Phoenix Aerial Systems, Faro Technology, Leica Geosystems AG, Optech Inc., Riegl Laser Measurement Systems GmbH, Trimble Navigation Limited, Sick AG, Velodyne LiDAR, Inc., and Yellowscan. These companies are taking various strategic initiatives such as mergers, acquisitions, and partnerships so as to increase their presence in the global market.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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