Drone Laser Scanning Market Is Projected To Reach US$ 955.4 Million By 2033

drone-laser-scanning-market-forecast-2023-2033

The global drone laser scanning market is anticipated to reach US$ 228.1 million in 2023 and to grow at a remarkable CAGR of 15.4% between 2023 and 2033, according to FactMR, a supplier of market research and competitive information.

For several industries, including mining, forestry, and precision farming, it is conceivable to collect data in risky or challenging-to-reach regions with high cost-to-benefit ratios by using high-end drones for laser scanning. With the use of drone laser scanning, elevated structures, landscapes, and other objects at great altitudes can be swiftly, precisely, and without contact.

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Affordable drones with high-quality cameras were introduced, which sparked the development of new image-processing hardware and software. With just a laser scan, 3D mesh models of the scanned sculptures might be created. Despite being competitors, these two technologies frequently complement one another. Thus, improvements in image processing have accelerated the market for drone laser scanning.

Drones have unique 3D perspectives, wide-ranging vistas, and high-resolution photos, which are unquestionably a major advantage from a logistical standpoint. These elements have contributed to a recent rise in the demand for drone laser scanners.

In general, the majority of professional drone usage (for example, real-estate marketing) involves wide-area, overhead pictures or inspection reasons. Although scanners can be updated to include panoramic cameras or come with built-in cameras, they cannot produce aerial photographs as rapidly and effectively as drones do.

Country-wise Insights

Why US Drone Laser Scanning Market is on the Top?

North America is anticipated to grow to a value of US$ 57.8 million in 2023 and be the region with the highest share of the global drone laser scanning market as a result of the rapid adoption of cutting-edge technology and the favourable drone flying regulations in the area.

Important US service providers are also helping the market in North America grow. Numerous experts and professional users in the US are contributing considerably to the market’s growth for a number of research. In the US, the laser scanning-based technology is undergoing impressive innovation and research to improve the results of the mapping sector. International market growth is being driven by numerous research and official polls that reveal greater use by local populace.

Key Takeaways from Market Study

  • The market for drone laser scanning is anticipated to grow at a remarkable CAGR of 15.4% and reach US$ 955.4 million by 2033.
  • For the years 2018 through 2022, the market had a 12.1% CAGR.
  • By type, the market was dominated by rotary wing drone laser scanning, which is expected to be worth $122.5 million in 2022.
  • With respective market shares of 30.1% and 35.4% in 2022, North America and Europe dominated the industry.
  • By application, the market share for filming and photography is anticipated to be 24.4% in 2023.
  • Due to deployment of drone laser scanning technology exceeding 100 degree coverage distance, a maximum share of 59.9% is anticipated in 2023.

Competitive Landscape

Leading drone laser scanning service providers are placing a strong emphasis on continuous update and innovation to address today’s issues of component installation in the hostile environment. Service providers are forming beneficial alliances and working together with the public sector and end-use industries. Market competitors are increasing the range of services they offer in response to the growing demand for contemporary accessories.

• In July. 2022, Ground Penetrating Radar Systems, LLC (GPRS), has acquired leading company TruePoint Laser Scanning, LLC. GPRS Company provides complete facility visualization and TruePoint Laser Scanning TruePoint provides, 2D CAD drawings, as-built surveys and 3D BIM models for plants, buildings, sites and facilities.

Market Development

Using 3D laser scanning services, service providers all over the world gather data and compare it to historical drawings to ensure quality. With the aid of laser scanning, the new procedure will have the advantage of storing data for the subsequent crucial steps throughout the full project or operation. The 3D laser scanning sector will require a significant commitment of time and money in 2022 and beyond due to the obvious advantages of the technology.

Segmentation of Drone Laser Scanning Industry Research

  • By Type:
    • Rotary Wing
    • Fixed Wing
    • Hybrid Wing
  • By Application:
    • Filming & Photography
    • Inspection & Maintenance
    • Mapping & Surveying
    • Precision Agriculture
    • Surveillance & Monitoring
    • Others
  • By Point of View:
    • Upto 50 degree
    • 50-100 degree
    • Above 100 degree
  • By Region:
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

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More Valuable Insights on Offer

In its latest release, FactMR offers a frank study of the global drone laser scanning market, including historical market data (from 2018 to 2022) and projections for the years 2023 to 2033.

According to type (fixed wing, rotary wing, hybrid wing), application (filming & photography, inspection & maintenance, mapping & surveying, precision agriculture, surveillance & monitoring, other), point of view (up to 50 degrees, 50-100 degrees, above 100 degrees), and across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa), the study reveals crucial insights.

Key Questions Covered in the Drone Laser Scanning Market Report

  • What will be the estimated size of the Market in 2023?
  • At what rate will the global Drone Laser Scanning sales grow until 2033?
  • Which are the factors hampering the Drone Laser Scanning demand?
  • Which region will spearhead the growth in the global industry during 2023-2033?
  • Which are the factors driving sales in the Drone Laser Scanning Market during the forecast period?

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