Earth Observation Drones Market Market Analysis

  • Report ID: 6479
  • Published Date: Sep 26, 2024
  • Report Format: PDF, PPT

Earth Observation Drones Market Market Analysis

Wing (Fixed-wing, Rotary-wing, Hybrid-wing)

The rotary-wing drones segment holds dominance in the earth observation drones market with a significant share owing to its design, advantages, and versatility. The primary growth drivers are the addition of increased payload capacity, stability, hovering capabilities, and enhanced safety. The rise in uptake due to advances in autopilot systems, navigation, electric propulsion, and battery technology has further pushed the trend. Furthermore, demand from environmental monitoring, infrastructure inspection, agriculture, precision farming, and disaster response fuels market growth. Thus, rotary-wing drones will continue to experience their dominance propelling growth and retention in the market.

Payload (Imaging Payloads, Sensors, Combined)

Imaging payload segment is set to hold earth observation drones market share of over 72.4% by the end of 2037, attributed to higher resolution aerial imagery demand across several applications such as aerial photography, precision agriculture, infrastructure inspection, environmental monitoring, and disaster response. Furthermore, the growth has been fueled by progress in sensor technology, camera resolution, and data analytics, and special payloads such as high-resolution cameras, multi-spectral sensors, and LiDAR add to capabilities. Compact and cost-effective imaging payloads increase access, expanding applications in urban planning, forestry, wildlife management, and monitoring oil and gas pipelines.

Many companies and research institutes are heavily investing in developing advanced imaging payloads. For instance, in May 2024, KaleidEO Space Systems based in Bangalore, became one of the few private Indian companies to plan the execution of a high-resolution optical earth observation imaging payload which also passed the aerial testing.

Power Source (Fuel, Battery, Hybrid)

The battery segment in earth observation drones market is expected to register rapid revenue growth owing to the advancements in lithium-ion technology that gives more energy density and efficiency, reducing overall weight and size to allow for longer flight duration and payload capacity. The demand for battery drones is also rising as it provides superior flexibility, portability, and ease of use for a wide range of earth observation applications. In July 2024, Skyfront launched a next-generation drone magnetometer, Skyfront MagniPhy. It is a universal attachment for drones that aids in improving data quality, safety, and efficiency and comes with 8 hour battery life with swappable batteries.

Our in-depth analysis of global market includes the following segments:

Wings

  • Fixed-wing
  • Rotary-wing
  • Hybrid-wing

Payload

  • Imaging Payload
  • Sensors
  • Combined

Power Source

  • Fuel
  • Battery
  • Hybrid

Mode of Operation

  • Remote
  • Semi-autonomous
  • Autonomous

Application

  • Environmental Monitoring
  • Agriculture & Forestry
  • Energy & Utilities
  • Constructions
  • Mining & Exploration

End user

  • Government & defense
  • Commercial
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Author Credits:  Radhika Pawar


  • Report ID: 6479
  • Published Date: Sep 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the earth observation drones market was over USD 5.3 billion.

The market size of the earth observation drones market is projected to cross USD 20.8 billion by the end of 2037 expanding at a CAGR of 12.1% during the forecast period i.e., between 2025-2037.

The major players in the market are FLIR Systems, DJI, Autel Robotics, Aeryon Labs, Acecore Technologies, and others.

In terms of payload, the imaging payload is anticipated to garner the largest market share of 72.4% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 34.2% by the end of 2037 and provide more business opportunities in the future.
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