Electric Drone Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Electric Drone Market size was valued at USD 18.15 Billion in 2022 and is projected to reach USD 28.87 Billion by 2030, growing at a CAGR of 5.3% from 2022 to 2030.
Electric Drone Market Overview
An electric drone is an unmanned aerial vehicle that can go places ordinary people can't reach. Drones are designed to accomplish tasks independently or with human assistance. Advances in technology have allowed drones to operate efficiently in more compact sizes. The flight of a drone can operate autonomously at 360 degrees under the remote control of a human operator or fully or intermittently autonomously. Some drones also have computers built into them. Electric drones are equipped with GPS, high-resolution cameras, and other sensors. The main use of drones originated in military applications, and their use is expanding to scientific, commercial, entertainment, and other applications, namely drone racing, and photography.
Contrive Datum Insights has recently published the Electric Drone Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Electric Drone market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: AgEagle, MicaSense, Festo, Agribotix, LeddarTech, Airinov, Parrot, Headwall, Gamaya, Novariant, Shadow Robotics, Yanmar, Trimble, URSULA Agriculture, and others.
- In September 2019, Trimble Select announced its latest relationship with Sensefly. As a Trimble Choice partner, senseFly's fixed-wing drone equipment is available at all Trimble Dealer and Vantage distribution complexes.
- In April 2021, AgEagle AeriAL Systems Inc. announced the acquisition of Measure Global Inc. ("Measure"). With the addition of Measure's progressive software to the AgEagle platform, agricultural, commercial and industrial consumers looking to take advantage of important economic, safety, and efficiency benefits are now possible with the drones used by Gauge.
What are the major Applications, Types, and Regions of the Electric Drone Market?
On the Basis of Type:
- Border Surveillance, Natural Disasters, Illegal Traffic Monitoring, Others
On the Basis of Application:
- Commercial, Civil, Military
Electric Drone Market Regional Insights:
North America is a key market for electric drones, as extensive investments by the US government and regional defense authorities have led to the development of small, lightweight, and efficient electric drones. The North American market is primarily driven by the growing use of electric drones in military operations and increasing surveillance applications. Drones are mainly used in this region for scientific, recreational, commercial, and agricultural purposes. The growing use of electronic drones in photography projects, wildlife conservation programs, and growing interest in developing consumer-friendly electric drones are driving the electric drone market in the Asia Pacific.
North America will dominate the global industry in 2021, accounting for 36.00% of the total revenue share due to rising technology adoption. Upcoming aggressive initiatives by the U.S. Federal Aviation Administration (FAA) and rising government spending on such advanced drones are likely to drive business growth in the region.
Geographically, the global Electric Drone market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Electric Drone Market Report Scope:
CAGR of 5.3% from 2022 to 2030.
Border Surveillance, Natural Disasters, Illegal Traffic Monitoring, Others
Commercial, Civil, Military
AgEagle, MicaSense, Festo, Agribotix, LeddarTech, Airinov, Parrot, Headwall, Gamaya, Novariant, Shadow Robotics, Yanmar, Trimble, URSULA Agriculture
Regions and Countries Covered
2017 to 2022
2023 to 2030
Frequently Asked Questions (FAQ) about the Electric Drone market:
What is the CAGR of the global Electric Drone market?
The Electric Drone Market is growing at a CAGR of 5.3% during the forecast period.
Which region would offer high growth for vendors in the Electric Drone market?
North America is the largest market for Electric Drone Market.
Which Is the Most potential market segment?
By Types- Border Surveillance, Natural Disasters, Illegal Traffic Monitoring, Others
By Applications - Commercial, Civil, Military
Which are the top industry players in the Electric Drone market?
AgEagle, MicaSense, Festo, Agribotix, LeddarTech, Airinov, Parrot, Headwall, Gamaya, Novariant, Shadow Robotics, Yanmar, Trimble, URSULA AgricultureAll of our reports are custom to your company's needs to some extent and we offer 5 hours of free consultation time with each report purchase, which will allow you to request any additional data to custom the report to your needs.