Earth Observation Drone Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented by Application (Environmental Monitoring, Disaster Management, Surveying and Mapping, Search and Rescue, Surveillance and Reconnaissance, Industrial Inspection and Monitoring, Agriculture and Forestry, Cinematography), by End-User (Government Vs. Non-Government), By Region
Published Date: January - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEarth Observation Drone Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented by Application (Environmental Monitoring, Disaster Management, Surveying and Mapping, Search and Rescue, Surveillance and Reconnaissance, Industrial Inspection and Monitoring, Agriculture and Forestry, Cinematography), by End-User (Government Vs. Non-Government), By Region
Global Earth Observation Drone Market is expected to grow at an rapid CAGR in the upcoming years
A typical drone has hardware and software components such as a camera or sensors, controller, detect and avoid system, and navigation system. Drones are currently employed in the military, civil administration, commercial, and leisure sectors. Companies across the drone sector are creating cutting-edge sensors for drones so they can deliver statistical data and analytical information for regularly important activities.
During the COVID-19 pandemic, the advantages of using drones for numerous commercial, industrial, and civil government purposes were fully appreciated, and it is expected that drone use will continue to rise after the COVID-19 pandemic. To help people during the pandemic in China, Micro Multi Copter commercial drone manufacturer had deployed more than 100 commercial drones.
Surge in Demand for Drones
Drone
Multiple downstream providers of Geospatial Services
For downstream geospatial service providers, the increased demand for drones for commercial, industrial, and civil government applications has simultaneously opened a huge potential niche. To make informed judgments, Earth observation applications including agriculture monitoring, precision agriculture, farming, fishing, disaster management, emergency response, inspection, etc., need dynamic and cutting-edge analytical data. For instance, tracking and analyzing soil moisture and texture enables farmers to better care for their crops and spot areas that need fertilizer or pesticide application to keep them safe.
On-Demand Aerial Survey Requirements is Growing
When drone imagery is needed for a specific task at a specified moment, the process is referred to as an on-demand aerial survey. Aerial survey services on demand are becoming more and more popular among businesses thanks to the development of sophisticated analytical tools and sensors for gathering aerial information.
Additionally, having and using drones calls for qualified drone pilots, licences, and sufficient fly zone authority. Companies and industries that regularly use drones for inspections and monitoring may be able to afford to purchase these. Some business companies rely on on-demand aerial survey services because they don't need these approvals as frequently.
Government Rules on Drone Production and Sales
One of the main obstacles facing the Global Earth Observation Drone Market is government regulation. Guidelines for the use, manufacture, and export of drones and related hardware are mandated by each nation's aviation and drone regulating organizations. For instance, in the United States, the Federal Aviation Administration (FAA) oversees regulating drone use. Drone laws are required to be enforced in China by the Civil Aviation Administration of China (CAAC), and in the UK by the Civil Aviation Authority (CAA).
Market Segmentation
Company Profiles
SZ DJI Technology Co., Ltd.DJI , Parrot Drone SAS, Lockheed Martin Corporation, AeroVironment, Inc. , General Atomics Aeronautical Systems, Inc. , Northrop Grumman Corporation . Embention Sistemas Inteligentes SA , Hubsan, , Insitu Inc. NSITU , AgEagle Aerial Systems Inc. Aerial Systems Inc. are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.
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Attribute |
Details |
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Base Year |
2022 |
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Historical Years |
2018 – 2022 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Billion, and CAGR for 2018-2022 and 2023-2028 |
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Report Coverage |
Revenue forecast, company share, competitive landscape, growth
factors, and trends |
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Segments Covered |
·
By Application
Type ·
By End-User Type ·
Region |
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Regional Scope |
Asia-Pacific, North America, Europe, Middle East & Africa,
South America |
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Country Scope |
United States, Canada, Mexico, United
Kingdom, Germany, France, Italy, Spain, Russia, Poland, China, Japan, South
Korea, India, Malaysia, Indonesia, Thailand, South Africa, Saudi Arabia, Turkey,
Israel, United Arab Emirates, Argentina, Brazil, Colombia |
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Key Companies Profiled |
SZ DJI Technology Co., Ltd.DJI, Parrot Drone SAS, Lockheed
Martin Corporation, AeroVironment, Inc., General Atomics Aeronautical
Systems, Inc., Northrop Grumman Corporation, Embention Sistemas Inteligentes
SA, Hubsan, Insitu Inc. NSITU, AgEagle Aerial Systems Inc. |
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Customization Scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
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Pricing and Purchase Options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request) |
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