New Analysis from Global Industry Analysts Reveals Exciting Growth for LiDAR Drones, with the Market to Reach $161.9 Million Worldwide by 2026

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SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "LiDAR Drones - Global Market Trajectory & Analytics." The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

LiDAR Drones
LiDAR Drones

Edition: 9; Released: April 2021
Executive Pool: 366
Companies: 12 - Players covered include 3D Robotics, Inc. (3DR); DJI; FARO Technologies, Inc.; Leica Geosystems AG; Phoenix LiDAR Systems; Riegl Laser Measurement Systems GmbH; SICK AG; Teledyne Optech; Trimble Navigation Ltd.; Velodyne Lidar, Inc.; Yellowscan and Others.
Coverage: All major geographies and key segments
Segments: Product (Rotary Wing, Fixed Wing); Application (Corridor Mapping, Archaeology, Construction, Environment, Entertainment, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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Global LiDAR Drones Market to Reach $161.9 Million by 2026
Amid the COVID-19 crisis, the global market for LiDAR Drones estimated at US$50.4 Million in the year 2020, is projected to reach a revised size of US$161.9 Million by 2026, growing at a CAGR of 21.1% over the analysis period. Rotary Wing, one of the segments analyzed in the report, is projected to record a 22.4% CAGR and reach US$133.9 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fixed Wing segment is readjusted to a revised 18.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $19 Million in 2021, While China is Forecast to Reach $28.4 Million by 2026
The LiDAR Drones market in the U.S. is estimated at US$19 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$28.4 Million by the year 2026 trailing a CAGR of 20.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19% and 17.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., ( is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966

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