NEW
YORK, July 25, 2024 /PRNewswire/ -- The
global drone robots market size is estimated to grow by
USD 21.64 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 46.02% during the forecast period. Rise in
applications of drone robots is driving market
growth, with a trend towards new developments and
innovations. However, vulnerability to cybersecurity threats
poses a challenge. Key market players include Aarav Unmanned
Systems Pvt. Ltd., Aerosight Technologies, Airpix, BRINC, Cleo
Robotics Inc., Dhaksha Unmanned Systems, ideaForge Technology Ltd.,
KARNATAKA AGRO CHEMICALS, OTSAW Digital Pte Ltd., Parallel Flight
Technologies, Parrot Drones SAS, Prime UAV, Skyfront, Skylark
Drone, SZ DJI Technology Co. Ltd., Thanos Technologies Pvt. Ltd.,
UUC TECHNOLOGY CO. LTD., vectorbirds airborne systems GmbH and Co.
KG, Vision Aerial Inc., Volocopter GmbH, and
Wingcopter GmbH.
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report
Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Type (Commercial and
Consumer), Application (Aerial entertainment, Geological
prospecting, Agricultural field, and Others), and Geography (North
America, Europe, APAC, Middle East and Africa, and South
America)
|
Region
Covered
|
North America, Europe,
APAC, Middle East and Africa, and South America
|
Key companies
profiled
|
Aarav Unmanned Systems
Pvt. Ltd., Aerosight Technologies, Airpix, BRINC, Cleo Robotics
Inc., Dhaksha Unmanned Systems, ideaForge Technology Ltd.,
KARNATAKA AGRO CHEMICALS, OTSAW Digital Pte Ltd., Parallel Flight
Technologies, Parrot Drones SAS, Prime UAV, Skyfront, Skylark
Drone, SZ DJI Technology Co. Ltd., Thanos Technologies Pvt. Ltd.,
UUC TECHNOLOGY CO. LTD., vectorbirds airborne systems GmbH and Co.
KG, Vision Aerial Inc., Volocopter GmbH, and
Wingcopter GmbH
|
Key Market Trends Fueling Growth
The drone robot market has experienced significant growth in
recent years, driven by advancements in technology and expanding
applications. Drones are becoming increasingly autonomous, with
more sophisticated sensors and artificial intelligence tools
enabling them to handle complex tasks without human intervention.
This autonomy is leading to new uses in industries such as
construction, mining, and oil and gas, where drones are used for
infrastructure inspections and surveys. Software advancements are
also playing a crucial role in the drone industry, with new
platforms offering improved mission planning and real-time data
insights. Battery technology has advanced, allowing drones to fly
for longer periods, increasing their usability. Regulatory
developments are shaping the industry, with new laws ensuring safe
and responsible drone use. Consolidation has also occurred, with
larger businesses acquiring smaller drone manufacturers and service
providers, leading to improved product and service quality and
increased innovation. In summary, the drone robot market is
experiencing rapid growth due to increased autonomy, expanded
applications, software advancements, improved battery technology,
regulatory developments, and consolidation. These trends are
expected to continue driving the growth of the global drone robots
market during the forecast period.
The Drone Robots Market is experiencing significant growth due
to the increasing adoption of these technologies in various
sectors. In Agriculture, drones are being used as precision tools
for field mapping, crop monitoring, and livestock management.
Precision farming practices are being enhanced with the use of
sensors, cameras, and IoT devices for real-time data collection.
Autonomous machinery, smart planters, and harvesters are also being
integrated with drones for improved efficiency. In the Defense
sector, drones are being used for aerial surveillance and border
patrol. In Construction, they are used for infrastructure
inspection and surveying. In Logistics, drones are being utilized
for delivery services and supply chain optimization. The
Entertainment industry is using drones for filming and special
effects. Field mapping technologies and remote sensing are key
trends in the Drone Robots Market. IoT devices, smart sensors, and
blockchain technology are also driving innovation. Unpredictable
weather patterns are leading to an increased demand for drones in
disaster response. The market for drones is trailblazing in sectors
such as Agriculture, Defense, Construction, Entertainment,
Logistics, and Infrastructure inspection. Drones are transforming
industries by providing real-time data, enhancing productivity, and
improving safety. With continuous innovation, the future of drone
robots looks bright.
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Market Challenges
- Drones, also known as Unmanned Aerial Vehicles (UAVs), heavily
rely on communication technologies for controlling their flight
parameters. As they lack on-board manual support, they solely
depend on sensor data transmitted through the data link. However,
this data is susceptible to external interference, which could lead
to catastrophic consequences. For instance, an unencrypted Wi-Fi
network can expose drones to intrusion, as both devices cannot
verify data integrity. Additionally, wireless communication relies
on specific channels, making it vulnerable to brute force attacks
and denial of service attacks. Malware attacks pose the most
significant threat, allowing intruders to reprogram flight
computers and gain complete control of drones, requiring a high
level of technical expertise. These cybersecurity threats have
raised concerns about the safety measures in place for secure data
transmission and the vulnerability of drones to cyber-attacks. This
skepticism may hinder the growth of the global drone robots market
during the forecast period.
- The Drone Robots Market is experiencing significant growth due
to increasing applications in various industries. Challenges in
this market include implementing Artificial Intelligence (AI) and
Machine Learning algorithms for Object identification,
Decision-making, Real-time data collection, and Processing.
Precision agriculture is a major sector driving demand for drones,
utilizing Sensor technologies such as LiDAR, Thermal imaging,
Multispectral cameras, and High-resolution cameras for Crop
monitoring and Asset management. Robotics market dynamics are
influenced by Autonomous navigation capabilities, Autonomous
delivery services, and Site surveying. Sophisticated sensors,
Payloads, Multispectral, and 3D mapping are essential for
applications in Civilian UAVs, Consumer UAVs, Aerial entertainment,
Geological prospecting, Agricultural fields, and Military Defense.
E-Commerce websites like Drone Volts are fueling the growth of
Agriculture drones for Crop protection, Ground-based robots for
Harvesting, Weeding, and Crop management. Remote monitoring,
Swarming technology, Soft robotics, and 5G are future trends
shaping the Drone Robots Market. Electronic Speed Controllers are
crucial components ensuring optimal drone performance.
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Segment Overview
This drone robots market report extensively covers market
segmentation by
- Type
- 1.1 Commercial
- 1.2 Consumer
- Application
- 2.1 Aerial entertainment
- 2.2 Geological prospecting
- 2.3 Agricultural field
- 2.4 Others
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Commercial- Commercial drones are aircraft
designed for business and industrial applications, offering
advanced functionality that makes them ideal for handling complex
tasks. Piloted remotely from the ground, these UAVs have evolved
significantly since their early versions, with the Federal Aviation
Administration (FAA) regulating their use through Part 107. In
public safety, drones have become essential tools for law
enforcement, firefighting, search and rescue, and disaster
response, saving lives and reducing risks. In law enforcement,
drones offer greater situational awareness, enabling officers to
plan and strategize more effectively. The mining industry uses
drones for inspections of machinery and underground areas, while
construction benefits from real-time information and improved
safety. The construction sector also saves time and resources by
using drones to monitor site activity and spot issues before they
cause delays. The growing demand for commercial drone applications
will fuel market growth in the global drone robots market.
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analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
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The global Tethered Drones Market is experiencing significant
growth due to their enhanced stability and extended flight
duration. Similarly, the global Drone Technology in Education
Sector Market is expanding as educational institutions increasingly
integrate drones for STEM learning and practical applications.
Meanwhile, the global K-12 Robotic Toolkits Market is booming,
driven by the rising demand for hands-on learning tools that foster
creativity and technical skills among students. These markets are
witnessing rapid advancements, offering numerous opportunities for
innovation and investment.
Research Analysis
The Drone Robots Market is experiencing significant growth due
to the increasing demand for autonomous systems in various
industries. Drones equipped with sensors and high-definition
cameras are revolutionizing sectors like Defense, Entertainment,
Agriculture, Logistics, Filming, Infrastructure inspection,
Disaster response, and Geological prospecting. In Agriculture,
drones are used for Agricultural monitoring, Aerial surveillance,
Agriculture drones, Harvesting, Weeding, Crop management, and
Precision farming. The integration of Artificial Intelligence,
Machine learning, Swarming technology, Soft robotics, and
IoT-enabled trackers is enhancing the capabilities of these robots.
Drones are also being used in Ground-based robots for Automated
milking systems and Remote monitoring. The market is expected to
grow further with advancements in Mapping, Surveying, and other
applications.
Market Research Overview
The Drone Robots Market is experiencing significant growth due
to the increasing adoption of drones in various sectors. Sensors
and cameras play a crucial role in drone technology, with
sophisticated technologies such as LiDAR, thermal imaging, and
multispectral cameras being utilized for applications like
infrastructure inspection, disaster response, and agricultural
monitoring. The market dynamics are driven by machine learning and
autonomous navigation capabilities, leading to the development of
autonomous delivery services and asset management solutions.
Sectors like Defense, Entertainment, Construction, Agriculture,
Logistics, Filming, and Infrastructure inspection are leveraging
drone technology for aerial surveillance, mapping, surveying, and
real-time data collection. AI and machine learning algorithms
enable object identification, decision-making, and precision
agriculture tools. Payloads, multispectral, and high-resolution
cameras are essential components, while drone volts, agriculture
drones, and consumer UAVs cater to different market segments. The
robotics market is evolving with advancements in swarming
technology, soft robotics, 5G, field mapping, and precision farming
tools. IoT devices, smart sensors, and blockchain technology are
enhancing drone capabilities, addressing challenges like
unpredictable weather patterns and ensuring real-time data
processing. The future of drone robots holds promise for
revolutionizing industries and transforming the way we live and
work.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Application
-
- Aerial Entertainment
- Geological Prospecting
- Agricultural Field
- Others
- Geography
-
- North America
- Europe
- APAC
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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