Earth Observation Drones Market size is evaluated at USD 5.3 billion in 2024 and is anticipated to cross USD 20.8 billion by the end of 2037, witnessing more than 12.1% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of earth observation drones is estimated at USD 5.9 billion.
The market growth can be attributed to robust technological advancements related to the capabilities of drones for effective and effortless data collection to fetch highly accurate and real-time monitoring for any purpose such as agriculture, environmental monitoring, and disaster management. Increased demand for these data in real-time to strengthen responses to disasters and resource management is a crucial component of market growth. Also, with increased precision agriculture techniques through drones for crop surveillance and management, the market is rapidly expanding.
Furthermore, increased regulatory support and incentives for aerial survey services and environmental monitoring initiatives continue to drive market growth. For instance, in February 2024, the Government of India invested around USD 7.5 million in drone technology under the production-linked incentive (PLI) scheme, to strengthen India’s mission to become a drone hub by end of 2030.
Author Credits: Radhika Pawar
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