APAC Market Statistics
On the basis of geographical analysis, the global drone charging station market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in Asia Pacific is estimated to witness noteworthy growth over the forecast period on the back of the increasing safety and security concerns across emerging countries, and high production and consumption of surveillance cameras in the region. For instance, more than 175 million units of surveillance cameras were installed in China in public and private areas 2017, which increased up to about 625 million units by the end of 2020.
North America Market Analysis
In addition, escalating demand for autonomous solutions is also assessed to drive the region’s market growth in the future. Moreover, the drone charging station market in North America is predicted to acquire the largest share during the forecast period, which can be credited to the growing research and development on drone charging stations, and rising number of players in the region who are extending their cross-border services.
Author Credits: Abhishek Verma
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