Drone Flight Management System Market 2024-2028: Size and Lower battery life and low capacity of drones; growth driven by the Component, Some of key Companies Positioned Strategically
The drone flight management system market size by Component (Ground controller, Data link, and Onboard controller) and Geography (APAC, North America, Europe, Middle East and Africa, and South America), is forecast to increase by USD 14359.5 million. The market is expected to grow at a CAGR of 28.77% between 2024 and 2028.
- In the drone industry, battery life is a significant constraint, with most drones having a flight duration of approximately 30 minutes, limiting their operational range to around 10 kilometers. To expand the application areas of drones, manufacturers are prioritizing advancements in battery technology. Lithium-ion and lithium polymer (LiPo) batteries are commonly utilized due to their high energy density. However, their capacity varies depending on size, necessitating a trade-off between battery size, capacity, and drone weight. Enhancements in battery technology will enable longer flight times and expanded operational capabilities for drones.
- The Drone Flight Management System market is experiencing significant growth due to the increasing demand for efficient and automated drone operations. This system enables businesses to optimize their drone fleet, ensuring safe and compliant flights through real-time monitoring, automated flight planning, and advanced analytics. By streamlining drone operations, organizations can reduce costs, enhance productivity, and improve data accuracy.
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Some of the Key Companies:
- AeroVironment Inc.
- Autel Robotics Co. Ltd.
- Black Swift Technologies LLC.
- DELAIR SAS
- EHang Holdings Ltd.
- Elbit Systems Ltd.
- HENSOLDT AG
- Intel Corp.
- Mobilicom Ltd.
- Northrop Grumman Corp.
- Parrot Drones SAS
- Safran SA
- SZ DJI Technology Co. Ltd.
- Teledyne Technologies Inc.
- Thales Group
- The Boeing Co.
- UAV Navigation SL
- UAVOS Inc.
- vHive
- Yuneec International Co. Ltd.
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