Authored By: Sarah
11 Jul 2024

 Drone Robots Market Size to grow by USD 21642.3 million between 2024-2028

According to a research report “ Drone Robots Market” by Type (Commercial, Consumer) Application (Aerial entertainment, Geological prospecting, Agricultural field, Others) Geography (North America, Europe, APAC, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 21642.3 million, at a CAGR of  46.02% during the forecast period. Unmanned Aerial Vehicles (UAVs), commonly referred to as drones, have become indispensable tools in various industries due to their ability to execute tasks that are dangerous or inaccessible for humans. Drones, which are remotely piloted aerial systems (RPAS), have seen significant growth in commercial and civil sectors over the past decade. Their applications extend beyond military use, encompassing asset protection, disaster response, search and rescue operations, healthcare, agriculture, and surveillance. In the military sector, drones are utilized for bomb detection, airstrikes, disaster management, shipping and delivery, and archaeological surveys. These applications underscore the versatility and importance of drones in modern business operations.

Browse market data tables, figures, and in-depth TOC on “Drone Robots Market” by Type (Commercial, Consumer) Application (Aerial entertainment, Geological prospecting, Agricultural field, Others) Geography (North America, Europe, APAC, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By Type, the Commercial segment is projected to dominate the market size in 2024

In the realm of cinematography, capturing awe-inspiring aerial footage has long been a priority for storytellers in the film industry. From the use of motion toys and cranes, to helicopters and planes, advanced technologies have enabled the production of visually stunning and culturally immersive motion pictures. However, these tools have come with significant costs, making accessibility a challenge. Enter drone robots, the latest innovation in film production technology. These unmanned aerial vehicles offer a cost-effective and efficient solution for capturing breathtaking aerial shots, enhancing the overall production value without breaking the bank. With their agility and versatility, drone robots are revolutionizing the film industry, providing filmmakers with unparalleled creative freedom and flexibility.

By Application, Aerial entertainment  segment is expected to hold the largest market size for the year 2024

Commercial drones, also referred to as Unmanned Aerial Vehicles (UAVs), serve a vital role in various industries by executing complex tasks with precision and efficiency. Piloted remotely by trained professionals, these advanced aerial systems offer sophisticated functionality that makes them indispensable for numerous applications. The Federal Aviation Administration (FAA) regulates the use of both commercial and consumer UAVs through its Part 107 regulations. These rules mandate certification and licensing for commercial drone pilots, as well as restrictions on nighttime flights and operations in controlled airspace. Since their inception, commercial drones have undergone significant advancements, expanding their capabilities and versatility in the business world.

North America is forecasted to hold the largest market size by region in 2024

The Drone Robots Market represents a significant growth opportunity for businesses seeking to automate various industries, from agriculture and construction to film production and delivery services. These unmanned aerial vehicles (UAVs) offer enhanced efficiency, productivity, and safety benefits, making them an indispensable tool for modern enterprises. Market projections indicate continued expansion, driven by technological advancements and increasing demand for cost-effective, aerial data collection and analysis solutions.

The Drone Robots Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • 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
  • Wingcopter GmbH
.

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Research Analysis Overview

The Drone Robots Market is experiencing rapid growth due to their increasing applications in various industries, particularly in Agriculture, Surveying, and Mapping. Agriculture drones are revolutionizing Crop Management with their ability to monitor fields for Precision Farming, identify Weeding areas, and assist in Harvesting. IoT-enabled trackers and Automated Milking Systems are also being integrated with drones for efficient Livestock Management. In the Surveying and Mapping sector, drones equipped with Cameras and Sensors are used for Geological Prospecting and Infrastructure Inspection. The use of Machine Learning and Artificial Intelligence in drones enhances their capabilities for Remote Monitoring and Automated Data Analysis. Swarming Technology and Soft Robotics are emerging trends in the Drone Robots Market, with potential applications in Defense, Disaster Response, and Logistics. Aerial Entertainment and Filming industries also heavily rely on drones for capturing unique perspectives and angles. The market is expected to continue growing as new applications are discovered, making drones an essential tool for various industries.

Market Research Overview

The Drone Robots Market is trailblazing the future of various industries, including agriculture, construction, defense, and entertainment, with real-time data collection and analysis. Unpredictable weather patterns are no longer a challenge as smart sensors, IoT devices, and Blockchain technology enable accurate and efficient data management. Agriculture drones, such as Drone Volts, are revolutionizing precision farming with field mapping technologies, autonomous machinery, and IoT-enabled trackers. These tools offer automated milking systems, livestock management, and crop monitoring through high-resolution cameras, multispectral sensors, and thermal imaging. 5G and machine learning algorithms power autonomous navigation capabilities, enabling drones to perform tasks like site surveying, asset management, and automated delivery services. Ground-based robots and swarming technology complement drones in tasks like weeding, harvesting, and crop protection. Sophisticated sensors like LiDAR and sensor technologies are essential for applications like geological prospecting, infrastructure inspection, and aerial surveillance. The robotics market dynamics continue to evolve with artificial intelligence (AI) and machine learning, enhancing decision-making, object identification, and processing capabilities. E-commerce websites, consumer UAVs, and civilian UAVs are also part of the drone robots market, offering opportunities for filming, logistics, and entertainment applications. Overall, the drone robots market is transforming industries, offering solutions for agriculture, construction, defense, and more.

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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