LiDAR Drone Market is expected to grow at a CAGR of 6%, reaching nearly USD 4.46 Bn in 2030 says Maximize Market Research.

(IT-NEWSWIRE.COM, July 05, 2024 ) Military space and organizational changes have higher investments, because US and other developed countries are showing interest in the LiDAR Drone Market, Technological advancements, Regulatory Support, 4D LiDAR Sensors, Government Initiatives, and Technological Choices are some driving factors. Cost Barriers, Training Deficiency, Regulatory Obstacles, and Geopolitical Barriers are some of the challenges faced by LiDAR Drone Market.

India imported 41 LiDAR equipment shipments from 14 suppliers, becoming largest importer, followed by US. LiDAR worth $2,748,830 was imported, with average price being $3,972.30. UK & Greece are major exporters accounting for 36.6% & 35.84% of market share, respectively.

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LiDAR Drone Market Segmentation

By Components:

Laser Scanners

Navigation and Positioning Systems

UAV Cameras

Others

By Application:

Modular Switches

Corridor Mapping

Archaeology

Construction

Environment

Entertainment

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LiDAR Drone Market ’s Key Players include

Teledyne Optech

Phoenix LiDAR Systems

RIEGL Laser Measurement Systems GmbH

FARO Technologies, Inc.

Quanergy Systems, Inc.

YellowScan

Sick AG

Leica Geosystems (Hexagon)

Geodetics, Inc.

Trimble Inc.

Parrot drones Company

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Maximize Market Research is leading Electronics research firm, has also published the following reports:

Personal Mobility Devices Market is expected to reach US$ 23.54 Bn. by 2030, at a CAGR of 6.8% during the forecast period.

Smart Headphone Market size was valued at US$ 12.69 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 20.8% through 2023 to 2029, reaching nearly US$ 47.65 Bn.

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LiDAR Drone Market is expected to grow at a CAGR of 6%, reaching nearly USD 4.46 Bn in 2030 says Maximize Market Research.