LiDAR Drone Market By 2025 With USD 126.15 million| Focusing On Top Key Players like Velodyne LiDAR, Phoenix Aerial Systems, Faro Technology
The LiDAR Drone Market research report presents a comprehensive assessment of the market and contains qualitative and quantitative insights, historical and forecasted data, competitor and regional analysis from 2019 to 2023. This report presents a comprehensive overview, market shares, and growth opportunities of LiDAR Drone market by product type, application, key manufacturers and key regions and countries.
In 2017, the global LiDAR drone market was valued at USD 20.982 million and is projected to reach a value of USD 126.15 million by 2023, recording a CAGR of 34.85% over the forecast period, 2018-2023.
The scope of the report is limited to the solutions that are offered by major players, including providers of laser scanners, navigation systems, positioning systems, and cameras. While the regions that are considered in the scope of this report include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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The prominent players in the global LiDAR Drone market are:
Velodyne LiDAR, Phoenix Aerial Systems, Faro Technology, Leica Geosystems AG, Trimble Navigation Limited
Scope of the Report
The report is designed to incorporate both qualitative and quantitative aspects of the LiDAR Drone Market with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as major drivers & restraining factors which will define the future growth of the market.
LiDAR Drone Market Report Highlights
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2023, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2023
- Market opportunities and recommendations for new investments
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North America Is Expected To Dominate the Market
In North America, the agriculture & forestry industry is likely to remain prosperous and a major contributor towards the GDP. Aerial photography helps farmers to identify their crops and take decisions of whether or not increasing the water supply. Its application in farming has increased, reflecting greatly on the North American market. Moreover, North America is expected to continue its dominance in the LiDAR drone market, owing to rising investments in innovations in the defense sector. Military and defense applications in the region are likely to grow at an augmented pace, due to demand fueled by government investment. There have been increasing levels of investment in surveillance and security in the defense sector. Thus, North America is likely to continue leading the market, over the years to come.
Reasons to Purchase this Report
-Identify the current and future prospects of the global LiDAR Drone market in the developed and emerging markets
-Analyse various perspectives of the market with the help of Porter’s five forces analysis
-Information about the growth of the various material, type, and application that are expected to dominate the market
-Regional and country analysis of the market
-Identify the latest developments, market shares, and strategies employed by the major market players
-3 months analyst support, along with the Market Estimate sheet (in Excel)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.
The research includes historic data from 2013 to 2018, and forecast to 2023 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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