The global electric drone market is anticipated to expand at a cagr of 10% by 2023. Search fast-paced ascension of the global electric drone market can be attributable to the growing demand for surveillance drones and rapidly ascending application of electric drones in spy missions.
Key Players:
Some of the leading players present in the global electronic drone market include AgJunction (US), Parrot Drones SAS (France), senseFly SA (US), Trimble Inc. (US), AgEagle Aerial Systems Inc. (US), Festo (Germany), Gamaya (Switzerland), Headwall Photonics, Inc. (US), and LeddarTech Inc. (Canada) among others.
Electric drones refer to unmanned aerial vehicles which are designed to complete tasks autonomously as well as with the help of human assistance. Technological advancements have enhanced of unmanned aerial vehicles the efficiency and functionality to make them more compact in size and lightweight. With several degrees of autonomy, the flight of drones operates either under a human operator controlling via remote control or intermittently or fully autonomously through an onboard computer. Electric drones are fitted with high resolution cameras, GPS, and other sensors. The primary use of electric drones is found in military applications. However in addition to these electric drones have found expansive scope of application in various other vertical such as commercial scientific recreational and other applications like drone photography and drone racing.
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These unmanned vehicles enable modernised digital communication formats that are secure and highly reliable. Also these and mand aerial vehicles are equipped with payloads such as a camera, electro-optical for infrared sensors, a global positioning system, and electronic intelligence which further aid in rapidly modernizing their communications equipment. With the number of revenue streams opening up in the electric drone market, the market is poised to witness moment is growth in the foreseeable future. These revenue streams are result of rapidly mountain commercial applications such as agriculture ,wildlife photography, wildlife protection, aerial photography, and 3d mapping.
Market Segmentation:
The global electric drone market has been studied for various segments that are based on surveillance mission, payload, application, and region. Based on surveillance mission, global electric ground market is segmented into natural disaster, border surveillance, and illegal traffic monitoring. Among these, the border surveillance market segment is expected to proliferate at an impressive rate during the forecast period, due to avoid scope of application in the military sector.
Based on payload, the electric drone market is studied for the segments of camera, electronic intelligence, electronic warfare, and infrared sensors. Due to rising applications in the commercial sector, the camera segment is expected to witness the fastest growth in the global electric drone market during the assessment period.
Based on applications, the global electric drone market is segmented into commercial and civil, and military. Among these segments major applications of the electric drone are found in the military sector. Hence, the military segment is anticipated to dominate the global electric drone market over the forecast period.
Detailed Regional Analysis:
Based on region, the global electric drone market has been segmented into North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. North America held the dominant share in the global electric drone market at the beginning of the forecast period. The region is also anticipated to maintain its dominance stature in the global market due to a variety of factors. Extensive investments facilitated by the government and defence authorities within this region are fostering the regional market growth exponentially. Apart from that development of small lightweight and efficient electric drones has led to a proliferation in adoption of the same from the commercial sector which is also supplementing the market growth within North America. Additional e arise in the use of electronic drones in photography project, wildlife protection programs, coupled with a magnified focus on the development of consumer-friendly electric drones is driving the Asia-Pacific market.
Table of Content:
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Electric Drone Market, By Surveillance Mission
1.1.2. Global Electric Drone Market, By Payload
1.1.3. Global Electric Drone Market, By Application
1.1.4. Global Electric Drone Market, By Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of The Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
Continued. . .
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List of Tables:
Table 1 Global Electric Drone Market, By Region, 2018–2025
Table 2 North America: Electric Drone Market, By Country, 2018–2025
Table 3 Europe: Electric Drone Market, By Country, 2018–2025
Table 4 Asia-Pacific: Electric Drone Market, By Country, 2018–2025
Table 5 Rest of The World: Electric Drone Market, By Region, 2018–2025
Continued. . .
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