The global drones market reached a value of US$ 27.7 Billion in 2023. As per the analysis by IMARC Group, the top drones companies are focusing on advancements in drone technology, such as improved battery life, obstacle avoidance, and autonomous flight capabilities. Several factors, including the rising demand for drones in various sectors, such as agriculture, construction, mining, and oil and gas, are driving the growth of the drone market. Drones are also being increasingly used for aerial photography and videography, as well as for delivery and logistics. In addition to traditional quadcopters, new types of drones, such as fixed-wing and hybrid drones, are also gaining popularity. Furthermore, the rising integration of drones with artificial intelligence, machine learning, and computer vision technologies is positively influencing the market. Apart from this, the growing demand for unmanned aerial vehicles (UAVs) in military and defense applications and the emergence of new drone applications, such as drone racing and drone light shows, is catalyzing the market. Moreover, the escalating number of drone pilot certifications and training programs and heavy investment in drone technology by governments and private companies worldwide are propelling the market. Besides, the development of regulations and guidelines for safe and responsible drone use and lower costs of drone technology and accessories are strengthening product sales. Additionally, the rapid use of drones for environmental monitoring and research and widespread product adoption for precision agriculture, including crop mapping, yield monitoring, and pesticide management, is providing a boost to the market. By 2032, the market value is expected to reach US$ 59.2 Billion, growing at a projected CAGR of 10.84% during 2024-2032.
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The global drone market has several major players, including 3D Robotics, AeroVironment Inc, Birdseyeview Aerobotics Inc., Delair SAS, DroneDeploy Inc., Intel Corporation, Parrot SA, Precisionhawk Inc., SZ DJI Technology Co. Ltd. (iFlight Technology Co. Ltd.), Terra Drone Corporation, and Boeing Company. More information about these companies has been provided below.
Establishment: |
2009 |
Headquarters: |
California, United States |
Website: |
https://www.3drobotik.com/en |
3D Robotics specializes in developing and manufacturing drones for commercial and industrial use. Founded in 2009, the company is headquartered in Berkeley, California, and operates worldwide. 3D Robotics has developed a range of advanced drone technologies, including GPS navigation, autonomous flight control, and computer vision. The company's drones are used in various industries, including agriculture, construction, mining, and surveying. One of 3D Robotics' key products is the Site Scan drone, designed for the construction industry. The Site Scan drone can capture high-resolution images and create 3D maps of construction sites, allowing for more accurate planning and monitoring of projects. 3D Robotics has also developed drone operation and data management software, including the Site Scan Manager platform. This software allows users to plan and execute drone flights and analyze and share the data collected by the drones. Overall, 3D Robotics is a leading player in the drone industry, with a focus on developing innovative technologies to meet the needs of commercial and industrial customers.
Establishment: |
1971 |
Headquarters: |
California, United States |
Website: |
https://www.avinc.com/ |
AeroVironment Inc is a technology solutions company specializing in unmanned aircraft systems (UAS) and other advanced technologies. Based in Simi Valley, California, the company has been developing and manufacturing drones since 1981. AeroVironment's drones are used in various applications, including military and defense, public safety, and commercial industries. The company's key products include the Puma AE, Raven, and Wasp drones, designed for tactical operations. In addition to drones, AeroVironment also develops and manufactures charging systems for electric vehicles and efficient energy solutions for homes and businesses. AeroVironment has a strong reputation for innovation and has received numerous awards for its technology solutions. With a focus on developing advanced drones and other advanced technologies, AeroVironment is well-positioned to remain a leading player in the drone industry.
Establishment: |
2014 |
Headquarters: |
Toronto, Canada |
Website: |
https://www.birdseyeview.aero/ |
Birdseyeview Aerobotics Inc. is a company that specializes in the development and manufacture of drones for precision agriculture. Founded in 2014 and headquartered in Toronto, Canada, the company has developed a range of advanced drone technologies designed to help farmers optimize their crop yields and reduce costs. Birdseyeview Aerobotics' drones use multispectral imaging sensors to capture high-resolution images of crops, which are then analyzed to provide valuable insights into crop health and yield potential. This data can guide decisions around fertilizer application, irrigation, and other farming practices. In addition to its drones, Birdseyeview Aerobotics has also developed software for data management and analysis, allowing farmers to easily access and analyze the data collected by the drones. Overall, it is a key player in the precision agriculture industry, focusing on developing innovative drone technologies to help farmers increase efficiency and profitability.
Establishment: |
2011 |
Headquarters: |
Toulouse, France |
Website: |
https://delair.aero/ |
Delair SAS is a French company specializing in developing and manufacturing drones for commercial and industrial use. Founded in 2011, the company is headquartered in Toulouse, France, and operates worldwide. Delair SAS has developed a range of advanced drone technologies, including long-range drones capable of flying for several hours and covering large areas and drones equipped with thermal imaging sensors and other advanced payloads for inspection and surveillance applications. The company's drones are used in various industries, including mining, oil and gas, utilities, and transportation. In addition to its drones, Delair SAS also offers software for drone operation and data management, allowing users to plan and execute drone flights, as well as analyze and share the data collected by the drones.
Establishment: |
2013 |
Headquarters: |
San Francisco, United States |
Website: |
https://www.dronedeploy.com/ |
DroneDeploy Inc. is a San Francisco-based technology company specializing in cloud-based drone software solutions. Founded in 2013, the company offers a range of software products designed to help businesses optimize their drone operations. DroneDeploy's software allows users to plan and execute drone flights, capture high-resolution images and video, and analyze and share data collected by drones. The software is used in various industries, including agriculture, construction, mining, and surveying. In addition to its software, DroneDeploy also offers training and consulting services to help businesses get the most out of their drone operations. The company is well-positioned to remain a leading player in the drone software market, focusing on simplifying and streamlining drone workflows.
Establishment: |
1968 |
Headquarters: |
California, United States |
Website: |
https://www.intel.in/content/www/in/en/homepage.html |
Intel Corporation, one of the world's largest semiconductor chip manufacturers, is also a major player in the drone industry. The company's drone technology is used in various applications, including aerial photography, surveying, mapping, and search and rescue operations. Intel's drones have high-resolution cameras and advanced sensors, allowing for precise control and data collection. The company has also developed software for drone operation and data management, including the Intel Insight Platform, which allows users to plan and execute drone flights and analyze data in real-time. Intel is committed to advancing drone technology and exploring new applications in various industries. With its advanced drone technology and expertise in semiconductor chips, Intel is well-positioned to remain a major player in the drone industry for years to come.
Establishment: |
1994 |
Headquarters: |
Paris, France |
Website: |
https://www.parrot.com/en |
Parrot SA is a French technology company specializing in developing and manufacturing drones. Founded in 1994, the company has become a leading player in the consumer and commercial drone markets, offering a range of products for various applications. Parrot's consumer drones are designed for aerial photography and videography, while its commercial drones are used in various industries, including agriculture, construction, and public safety. The company has also developed software for drone operation and data management, allowing users to plan and execute drone flights and analyze and share the data collected by drones. With a focus on innovation and user-friendly drone technology, Parrot is well-positioned to remain a leading player in the drone industry.
Establishment: |
2010 |
Headquarters: |
North Carolina, United States |
Website: |
http://www.precisionhawk.com/ |
Precisionhawk Inc. is a Raleigh, North Carolina-based drone technology company specializing in solutions for various industries, including agriculture, energy, and infrastructure. Founded in 2010, the company offers a range of advanced drone technology and software solutions designed to improve efficiency and productivity in various sectors. PrecisionHawk drones have advanced sensors and cameras, including multispectral and thermal imaging capabilities, allowing for detailed data collection and analysis. The company also offers software solutions for drone operation, data management, and analysis, including its popular PrecisionAnalytics platform. With a focus on developing innovative drone technology and software solutions, the company is a key player in the drone industry and is poised for continued growth in the years ahead.
Establishment: |
2006 |
Headquarters: |
Guangdong, China |
Website: |
https://www.dji.com/company |
SZ DJI Technology Co. Ltd., commonly known as DJI, is a Chinese technology company specializing in developing and manufacturing drones and drone-related products. Founded in 2006, DJI is now the world's largest drone manufacturer and offers a range of products for both consumer and commercial use. DJI's consumer drones are designed for aerial photography and videography, while its commercial drones are used in agriculture, construction, and public safety industries. The company has also developed drone operation and data management software, including its popular DJI GO app. With a focus on innovation and quality, DJI has become a household name in the drone industry and is known for producing some of the most advanced and reliable drones on the market.
Establishment: |
2016 |
Headquarters: |
Tokyo, Japan |
Website: |
https://www.terra-drone.net/global/ |
Terra Drone Corporation is a Japanese technology company specializing in drone solutions for various industries, including construction, mining, agriculture, and energy. Founded in 2016, the company has rapidly expanded its operations to become a global leader in the drone industry. Terra Drone's drones have advanced sensors and cameras, including LiDAR, multispectral, and thermal imaging capabilities, allowing for detailed data collection and analysis. The company also offers software solutions for drone operation, data management, and analysis, including its popular Terra Mapper platform. With a focus on providing end-to-end drone solutions and a commitment to innovation, Terra Drone is well-positioned to continue its rapid growth and become a key player in the drone industry for years.
Establishment: |
1916 |
Headquarters: |
Virginia, United States |
Website: |
https://www.boeing.com/ |
Boeing Company is a multinational corporation designing, manufacturing, and selling airplanes, rotorcraft, satellites, and other aerospace equipment. The company also develops drone technology for commercial and military applications. Boeing's drone products include the Insitu ScanEagle, used for maritime surveillance and data collection, and the Boeing Phantom Eye, an unmanned aerial vehicle (UAV) designed for long-endurance flights. The company also offers a range of software and services for drone operation and data management. With its long history in the aerospace industry and its commitment to innovation and quality, Boeing is well-positioned to continue its involvement in the drone industry and help shape its future.
About Author:
Shree Basu Senior Content Writer at IMARC Services Private Limited Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries. |
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