Insert your own pun about how the UAV market is "flying high" or "soaring," but the fact remains that most market prognosticators believe demand will continue to grow for these machines.
Number of consumer drones in use by 2024: 15 million
Estimated market worth:
- 2018 $20.71 billion
- 2025 $52.3 billion
Global airborne LiDAR market worth:
- 2017 $326 billion
- 2025 $1,010 billion
Global Market Insights, "Consumer Drone/Unmanned Aerial Vehicle (UAV) Market Size By Product (Fixed Wing, Rotary Blade, Hybrid), By Technology (Remotely Operated, Semi-Autonomous, Autonomous), By Application (Prosumer, Hobbyist/Toys, Photogrammetry), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Australia, China, India, Japan, South Korea, Brazil, Mexico, GCC, Israel, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024."
MarketsandMarkets, "Unmanned Aerial Vehicle (UAV) Market - Global Forecast to 2025."
Allied Market Research, "Airborne LiDAR Market by Component (Lasers, Inertial Navigation Systems, Cameras, GPS/GNSS Receivers, and Micro-electromechanical Systems), Application (Corridor Mapping, Seismology, Exploration & Detection, and Others), and End User (Aerospace & Defense, Civil Engineering, Archaeology, Forestry & Agriculture, Mining Industry, and Transportation & Logistics): Global Opportunity Analysis and Industry Forecast, 2018 – 2025."