TAG: UAV industry

Lidar drone market will be worth US$144.6 million by 2022

May 27, 2016By

According to a new market research report published by MarketsandMarkets, the Lidar drone market was valued US$16.1 million in 2015 and is estimated to reach US$144.6 million by 2022 at a compound annual growth rate (CAGR) of 35.2% between 2016 and 2022. The full report is titled “Lidar Drone Market by Product (Rotary Wing, and Fixed Wing), Component, Application (Corridor Mapping, Archaeology, Construction,... read more

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Commercial drone sales to rise by 84 percent in 2016

January 18, 2016By

A new study from U.K.-based Juniper Research has found that annual revenues from commercial drones sales are expected to reach $481 million this year, up 84 percent from last year’s figure of $261 million. The new research — “Drones: Consumer & Commercial Applications, Regulations & Opportunities 2015-2020” — found that a low price point had significantly reduced the barrier to entry in many sectors, with high-performance models... read more