Urban UAV Navigation and Communication Market Trends

  • Report ID: 6509
  • Published Date: Oct 03, 2024
  • Report Format: PDF, PPT

Urban UAV Navigation and Communication Market Trends

Growth Drivers

  • Integration of advanced navigation technologies: The rise in urban growth around the globe is augmenting the high demand for UAVs in various applications such as logistics, surveillance, and infrastructure monitoring. The latest urban UAV navigation and communication market trend is the integration of advanced sensors such as LiDAR, smart cameras, global positioning systems (GPS), and global navigation satellite systems (GNSS). These technologies are advancing the operational capabilities of UAVs leading to safer and more efficient navigation. Furthermore, this multi-layered approach provides redundancy, if one system fails or provides inaccurate data others can compensate ensuring continuous navigation capability.
  • Rising popularity of AI-based drones: The use of artificial intelligence (AI) and machine learning (ML) in unmanned aerial vehicles is significantly enhancing their working capabilities and driving their demand in urban applications. For instance, around 42% of enterprises worldwide are utilizing AI in their businesses. AI algorithms, including those based on machine learning and deep learning, enable UAVs to process vast amounts of sensor data in real-time and aid in making an adaptive decision, analyzing environmental, data, detecting any obstacles, and autonomous navigation with minimal human intervention. These characteristics of AI-based urban drones are anticipated to help them in gaining widespread popularity across the world.

Challenges

  • Privacy and safety concerns: UAVs are equipped with advanced cameras and sensors and are capable of capturing high-resolution images and videos, which raises concerns about unauthorized surveillance of individuals, homes, and private properties, leading to fear of intrusive monitoring. This lack of transparency and safety can limit the deployment of UAVs in urban areas.
  • Strict rules on drone usage: Many urban areas have designated no-fly zones, particularly near airports, government buildings, and densely populated regions. Compliance with these regulations can limit where drones can operate and further complicate or hamper the logistics and delivery services. For instance, in the U.S. it is legal to fly drones in areas that are under legal under 14 CFR Part 107 rules but are strictly restricted to not use in no-fly areas.

Urban UAV Navigation and Communication Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

17.5%

Base Year Market Size (2024)

USD 8.1 billion

Forecast Year Market Size (2037)

USD 65.8 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 6509
  • Published Date: Oct 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global urban UAV navigation and communication market will be valued at USD 9.5 billion in 2025.

Expanding at a CAGR of 17.5%, the global market is expected to increase from USD 8.1 billion in 2024 to USD 65.8 billion by 2037.

Some leading companies are UAV Navigation-Grupo Oesía SL, SBG Systems S.A.S, RTX Corporation, Honeywell International Inc., BAE Systems Plc, and SZ DJI Technology Co., Ltd.

The hardware segment is estimated to capture a strong 60.5% of the market share through 2037.

North America is expected to hold 44.5% of the global market share through 2037.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample